Signing the cooperation agreement between the State Audit Office and the Vietnam Association of Certified Public Accountants

Posted at: WEDnesday - 28/03/2018 11:14 - post name: Cộng tác viên

 
Signing the cooperation agreement between the State Audit Office and the Vietnam Association of Certified Public Accountants

On the afternoon of February 27, at the State Audit Office, a review conference on cooperation between the State Audit, the Vietnam Association of Certified Public Accountants (VACPA) and Deloitte Vietnam Co., Ltd. took place. At this event, the State Audit has signed a cooperation agreement with VACPA for the period 2018-2022.

Attending the conference were Mr. Pham Sy Danh - President of VACPA; Mr.Tran Van Ta - Honorary President of VACPA; Ms. Ha Thi Ngoc Ha - Vice President of VACPA; Ms. Ha Thi Thu Thanh - Vice President of VACPA, Chairman of Board of Deloitte Vietnam Co., Ltd.; Mr. Tran Dinh Cuong - Vice President of VACPA, General Director of Ernst & Young Vietnam and members of VACPA Executive Committee representing VACPA's members.

On the side of the State Audit Office, attending the conference was Mr. Ho Duc Phuc, Auditor General; Mr. Doan Xuan Tien, Deputy General Auditor, together with leaders of some units under the State Audit.

At the conference, the report on the cooperation between the State Audit Office and VACPA said that based on the Cooperation Agreement signed in September 2013, the State Audit and VACPA have cooperated effectively in the period 2013-2017. This was demonstrated by the active participation of experts from VACPA in the drafting of the State Audit Law, the drafting of the State Audit Standard System and guidance on information technology auditing; in the exchange of professional materials; responsible participation in professional seminars and workshops organized by the State Audit Office and VACPA.

Emphasizing the importance of the cooperation between VACPA and the State Audit Office, VACPA’s President, Mr. Pham Sy Danh said that this partnership aims to bring into play the strengths of each part in each period of development, to contribute more to the performance of financial supervision and oversight by state agencies, to ensure the transparency of financial information as well as the development of the accounting and auditing profession; ...

Speaking at the conference, Mr. Ho Duc Phuc, Director General of State Audit, stressed that the close and effective cooperation in the activities not only strengthened the capacity of parties but also brought great benefits to the country.

According to the Director General of State Audit Office, the report on the results of cooperation in the last 5 years has noted the effectiveness of close cooperation between the State Audit Office and VACPA, Deloitte Co Ltd and other companies. Parties have achieved the desired objective to enhance the exchange of expertise, organisation of conferences, seminars, training, exchange of audit experience, especially sharing audit methods such as set up audit plan and analysis of financial statements based on risk weightings; Select auditing forms, auditing in the information technology environment ... to coordinate and enhance the performance of the national finance sector.

At the end of the conference, the State Audit Office of Vietnam and VACPA signed a Memorandum of Understanding between the State Audit Office and VACPA for the period 2018-2022. This is a base to implement better the cooperation between the State Audit Office and independent auditors.

The signing ceremony of the Memorandum of Understanding between the State Audit and Deloitte Vietnam Co., Ltd. was also held at the conference to further promote the effective cooperation between the two parties.

Author: Tran Phuong Trang
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