ACCOUNTING SERVICES FINANCIAL STATEMENTS
- 29/05/2020 11:33
What is the financial statement audit service?
Auditing of financial statements is understood as checking and confirming the truthfulness and reasonableness of financial statements announced by the enterprise. Auditing service of financial statements is given not only to bring confidence to investors and to regulators about the financial status of the business, but also to consult throughout financial policies and legal corridors. in corporate finance.
Which business is the financial statement audit service for?
According to Article 15, Decree 17/2012 / ND-CP detailing and guiding the implementation of a number of articles of the Law on Independent Audit issued by the government on March 13, 2012 stipulates:
"first. Enterprises, organizations whose annual financial statements are required by law to be audited by auditing firms, branches of foreign auditing firms in Vietnam, include:
a) Foreign-invested enterprises;
b) Credit institutions established and operating under the Law on Credit Institutions, including foreign bank branches in Vietnam;
c) Financial institutions, insurance enterprises, reinsurance enterprises, insurance brokerage enterprises, branches of foreign non-life insurance enterprises.
d) Public companies, securities issuers and securities trading organizations.
2. Other enterprises and organizations are required to be audited according to the relevant provisions of law.
3. Enterprises, organizations must be audited by auditing firms, branches of foreign auditing firms in Vietnam, including:
a) State enterprises, except for state enterprises operating in the field of state secrets as prescribed by law, must be audited for annual financial statements;
b) Enterprises and organizations implementing projects of national importance, group A projects using state capital, except projects in the field of state secrets as prescribed by law, must be audited for finalization report of completed project;
c) Enterprises and organizations with 20% or more of the voting rights held by state groups and corporations at the end of the fiscal year must be audited for their annual financial statements;
d) Enterprises in which 20% or more of voting rights are held by listed organizations, issuers and securities trading organizations at the end of the fiscal year must be audited for their financial statements. year;
dd) Auditing firms, branches of foreign auditing firms in Vietnam must be audited for the annual financial statements.
4. Enterprises and organizations that are required to audit annual financial statements specified in Clauses 1 and 2 of this Article, if required by law, must prepare consolidated financial statements or financial statements. In general, it is necessary to audit consolidated financial statements or general financial statements.
5. The audit of financial statements and reports on settlement of completed projects for enterprises and organizations specified at Points a and b, Clause 2 of this Article does not replace the audit of the State Audit.
6. Enterprises and other organizations voluntarily audited such as: Bid Audit, Bank Loan Audit, Internal Audit, License Audit, Other Financial Audit ”
Financial Statement Auditing Service Objectives:
Give opinions on the truthfulness and reasonableness of financial statements on the basis of the following basic principles: complying with the laws of the State of Vietnam; comply with professional ethics principles; compliance with auditing standards.
The process of Auditing Services The financial statements of TASCO Company will always be associated with the information support and consultancy to contribute to improving the internal control system, perfecting the accounting organization, management. business finance.
TASCO Company always supports domestic and foreign-invested enterprises, international organizations operating in Vietnam to promptly grasp the regulations and laws of the State of Vietnam on Accounting. - Finance - Statistics - Taxation in economic management, contributing to good organization of the accounting system of the enterprise, helping the business operation of the business achieve high efficiency.
The process of independent audit service:
Process of Auditing Services The financial statements of TASCO Company are built on the basis of compliance with the Standards, Regulations on Independent Auditing and the current accounting regime of Vietnam; at the same time, to select and apply general international standards and practices in the professional field, on the basis of conformity with business activities and economic management in Vietnam.
Above is the information about the financial statement audit service.
TASCO Company - specializes in providing auditing services for financial statements. Besides, TASCO also provides many other services.
Click on the links below to find out what TASCO offers:
Contact Hotline: 097.548.0868 - 085.486.2446 for free consultation on records, procedures, regulations.