THE MINISTRY OF FINANCE
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 28/2003/QD-BTC
Hanoi, March 14, 2003
 DECISION
PROMULGATING AND PUBLICIZING 05 VIETNAMESE AUDITING STANDARDS (PHASE 4)
THE MINISTER OF FINANCE
Pursuant to the Government's Decree No. 86/2002/ND-CP of November 5, 2002 defining the functions, tasks, powers and organizational structures of the ministries and ministerial-level agencies;
Pursuant to the Government's Decree No. 178/CP of October 28, 1994 on the tasks, powers and organizational apparatus of the Ministry of Finance;
Pursuant to the Government's Decree No. 07/CP of January 29, 1994 promulgating the Regulation on independent audit in the national economy;
In order to meet the requirements of renewing the economic and financial management mechanisms, raising the quality of independent audit in the national economy; to inspect and control the quality of independent audit and make healthy financial information in the national economy;
At the proposals of the directors of the Accounting Regime Department and the Office of the Ministry of Finance,
DECIDES:
Article 1.- To promulgate 05 Vietnamese auditing standards (phase 4) with the following codes and names:
1. Standard No. 220 - Quality control of auditing activities;
2. Standard No. 320 - Audit materiality;
3. Standard No. 501 - Additional audit evidences for special items and events;
4. Standard No. 560 - Events occurring after the date of closing accounting books and making financial statement;