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Unqualified auditors to quit ministry

Update: June, 08/2012 - 10:32

HCM CITY — The Ministry of Finance plans to remove the names of several companies from its list of qualified auditing-service companies.

Auditing companies that fail to notify the ministry within one year that they are operating will be taken off the list.

Those that will be removed also include companies that do not have enough conditions to operate, as well as those that do not perform their duties, such as annually reporting their activities and their lists of auditors.

In addition, auditing companies that violate State laws on examinations and inspections will also be removed from the list.

The Finance Ministry posts the list of qualified auditing companies on its website each year.-VNS

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