THE MINISTRY OF FINANCE
--------
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
----------
No. 89/2007/QD-BTC
Hanoi, October 24th, 2007
 DECISION
ISSUING REGULATIONS ON SELECTION OF AUDITING ENTERPRISES FOR ACCREDITATION TO AUDIT ISSUING ORGANIZATIONS, LISTED ORGANIZATIONS AND SECURITIES BUSINESS ORGANIZATIONS
THE MINISTER OF FINANCE
Pursuant to the Law on Enterprises 60/2005/QH11 of the National Assembly dated 29 November 2005; Pursuant to the Law on Securities 70/2006/QH11 of the National Assembly dated 29 June 2006, and Decree 14/2007/ND-CP of the Government dated 19 January 2007 implementing the Law on Securities;
Pursuant to Decrees of the Government 105/2004/ND-CP dated 30 March 2004 on independent auditing ["Decree 105"], and 133/2005/ND-CP dated 31 October 2005 amending Decree 105 ["Decree 133"];
Pursuant to Decree 77/2003/ND-CP of the Government dated 1 July 2003 on the functions, duties, powers and organizational structure of the Ministry of Finance;
On the proposal of the Director of the Auditing & Accounting Regimes Department and of the Chairman of the State Securities Commission;
DECIDES:
Article 1. To issue with this Decision the Regulations on selection of auditing enterprises for accreditation to audit issuing organizations, listed organizations and securities business organizations ["stipulated securities organizations"].
Article 2. This Decision shall be of full force and effect fifteen (15) days from the date of its publication in the Official Gazette, and shall replace Decision 76/2004/QD-BTC of the Minister of Finance dated 22 September 2004 issuing Regulations on selection of accredited auditing enterprises to audit issuing organizations, listed organizations and securities business organizations.
Article 3. The Chairman of the State Securities Commission, the Director of the Auditing & Accounting Regimes Department, the Head of the Office of the Ministry of Finance, heads of relevant units under the Ministry of Finance, heads of auditing enterprises in Vietnam, and heads of issuing organizations, listed organizations and securities business organizations shall be responsible for implementation of this Decision.
 
 
FOR THE MINISTER OF FINANCE
DEPUTY PRIME MINISTER


Tran Van Ta
 
REGULATIONS
ON SELECTION OF AUDITING ENTERPRISES FOR ACCREDITATION TO AUDIT ISSUING ORGANIZATIONS, LISTED ORGANIZATIONS AND SECURITIES BUSINESS ORGANIZATIONS
(Issued with Decision 89/2007/QD-BTC of the Minister of Finance dated 24 October 2007)
I. GENERAL PROVISIONS
Article 1. Governing scope
1. These Regulations apply to auditing enterprises which are accredited by the Ministry of Finance to conduct audits of organizations issuing securities to the public, of listed organizations and of securities business organizations, being the auditing enterprises stipulated in articles 20 and 23 of Decree 105 and in article 1 of Decree 133 which satisfy all the conditions stipulated in these Regulations.
2. These Regulations shall also apply to the entities stipulated in article 2 of these Regulations ["stipulated securities organizations"].
 Click Download to see full text