THE MINISTRY OF FINANCE
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THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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No. 129/2012/TT-BTC
Hanoi, August 09, 2012
 
CIRCULAR
ON THE EXAMS FOR AND ISSUANCE OF THE AUDIT PRACTITIONER CERTIFICATES  AND ACCOUNTING PRACTITIONER CERTIFICATES
 
Pursuant to the Law on Accounting No. 03/2003/QH11 on June 17, 2003;
Pursuant to the Law on Independent audit  No. 67/2011/QH12 on March 29, 2011;
Pursuant to the Government's Decree No. 129/2004/NĐ-CP on May 31, 2004 detailing and guiding the implementation of a number of articles of the Law on Accounting applicable to business;
Pursuant to the Government's Decree No. 17/2012/NĐ-CP on March 13, 2012detailing and guiding the implementation of a number of articles of the Law on Independent audit;
Pursuant to the Government's Decree No. 118/2008/NĐ-CP of November 27, 2008 on defining the functions, tasks, powers and organizational structure of the Ministry of Finance;
At the proposal of the Director of the Department of Accounting and Audit Regulation
The Minister of Finance promulgates the the Circular on the exams for and issuance of the Audit practitioner certificates and Accounting practitioner certificates.
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation
This Circular specifies the exams for and issuance of the Audit practitioner certificates and Accounting practitioner certificates in accordance with Point c Clause 2 Article 11 of the Law on Independent audit, and Article 57 of the Law on Accounting.
Article 2. Subjects of application
1. The candidates are specified in Article 3 of this Circular.
2. The State’s auditor and accountant examination board (hereinafter referred to as the Board of examiners)
3. Professional organizations of accounting and audit.
4. Other organizations and individuals related to the exams for and issuance of the Audit practitioner certificates and Accounting practitioner certificates.
Chapter II
SPECIFIC PROVISIONS
Section 1. ORGANIZING EXAMS
Article 3. Candidates
The Vietnamese or foreigners satisfying the conditions taking exams prescribed in Article 4 of this Circular.
Article 4. Conditions taking exams
1. The candidates for Accounting practitioner certificates must satisfy the following conditions:
a) Professionally ethical, honest, upright, and law-abiding;
b) Having Bachelor’s Degrees or above in finance, accounting, or audit;
c) Having worked in finance, accounting, or audit for at least 60 months as from the month of graduation written on the higher education graduation decision at the time of exam registration;
d) Completely submitting the exam application and fee as prescribed;
dd) Not being the subjects specified in Clause 1 and Clause 2 Article 51 of the Law on Accounting.
2. The candidates for Audit practitioner certificates must satisfy the following conditions:
a) Professionally ethical, honest, upright, and law-abiding;
b) Having the Bachelor’s degree or higher in finance, banking, accounting, audit; or having the Bachelor’s degree in other professions, and the number of credits (or sessions) of the subject of the following subjects: finance, accounting, audit, financial analysis, taxation, must account for at least over 7% of the total course credits; or having the Bachelor’s degree in other profession, and the certificate or qualification in the courses issued by the professional organizations of accounting and audit, that comply with the Article 9 of this Circular;
c) Having worked in finance or accounting for at least 60 months from the month of graduation written on the higher education graduation decision at the time of exam registration; or having worked as an audit assistant in an audit enterprise for at least 48 months from the month of graduation written on the higher education graduation decision at the time of exam registration
d) Completely and correctly submit the exam application and fee as prescribed.
Article 5. Exam application
1. For candidates for the first Audit practitioner certificate or Accounting practitioner certificate, the exam application includes:
a) The exam registration sheet certified by the unit for which the candidate works, or the People’s Committee of the locality where the candidate lives, with a sealed 3x4 picture taken within 6 previous months under the form in Annex No. 02a or Annex No. 02b promulgated together with this Circular, enclosed with the certification on the practical duration of work in finance, accounting, or audit, signed by the legal representative, and sealed by the unit under the form in Annex No. 06 promulgated together with this Circular;
b) The authenticated copy of the ID card or passport;
c) The resumé certified by the unit for which the candidate works, or the People’s Committee of the locality where the candidate lives;