THE MINISTRY FINANCE
Circular No. 183/2013/TT-BTC dated December 04, 2013 of the Ministry of Finance on independent audit for public interest units
Pursuant to the Law on Independent Audit No. 67/2011/QH12 dated March 29, 2011;
Pursuant to the Securities Law No. 70/2006/QH11 dated June 29, 2006 and the Law amending and supplementing a number of articles of the Securities Law No.62/2010/QH12 dated November 24, 2010;
Pursuant to Decree No. 118/2008/ND-CP dated November 27, 2008 of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Finance;
Pursuant to Decree No. 17/2012/ND-CP dated March 13, 2012 of the Government detailing and guiding the implementation of some articles of the Law on Independent Audit;
At the request of the Director of Accounting and Auditing Policy Department,
Minister of Finance issues the Circular on independent audit for public interest unit.
Chapter I
GENERAL REGULATIONS
Article 1. Scope of adjustment
1. This Circular provides for independent audit for public interest unit. The public interest unit is the unit specified in Article 4 of this Circular.
2. Independent audit for credit institution, which is the public company, and the credit institution listing and offering securities to the public must apply the provisions of this Circular, the Law on credit institutions and relevant laws;
Article 2. Subjects of application
1. The accredited audit organizations and the accredited registered auditors;
2. Public interest unit;
3. Other organizations and individuals involved in auditing financial reports, financial information and other reports of public interest units;
Article 3. Explanation of terms
In this Circular, the terms below are construed as follows:
1. “Annual financial report of public interest unit ” is the financial report, which is prepared under regulations of law on accounting, including the separate financial report, the general financial report and the consolidated financial report of the public interest unit if this unit is subject to generalize financial report or consolidate financial report under the regulations of law on accounting;
2. " Audit organization” is an audit enterprise or branch of foreign audit enterprise legally operating in Vietnam;
3. " Accredited audit organization” is the audit organization which the competent state authorities have approved its audit and examination of financial report, financial information and other reports of public interest units;
4. “Accredited registered auditor” is the auditor whose audit and examination of financial report, financial information and other reports of public interest units are approved by the competent state authorities;
5. “Competent authorities granting accreditation” are the Ministry of Finance granting the accredited audit to other public interest units; the State Securities Commission granting the accredited audit to the public interest unit in the field of securities;
Article 4. Public interest unit
Within the guiding scope of this Circular, the public interest unit includes:
1. The public interest units in the field of securities includes the large-scale public companies, listing organizations, organizations issuing securities to the public, securities companies, securities investment companies, funds and fund management companies.
2. Other public interest units include:
