The audited units The enterprises and organizations that as prescribed by law, their annual financial statements must be audited by the foreign auditing firms, branches of foreign auditing firms in Vietnam, including: a) Enterprises with foreign investment; b) Credit institutions established and operating under the Law on Credit Institutions; c) Financial institutions, insurance enterprises, insurance brokerage firms. d) Public companies, issuers, and securities trading organizations. Enterprises and organizations that must be audited by the foreign auditing firms, branches of foreign auditing firms in Vietnam, including: a) [...]

Termination of carrying on business of audit services Auditing firms terminate the business of audit services in the following cases: a) To terminate by themselves; b) To be divided, separated, merged, consolidated, dissolved; c) To be withdrawn business registration certificate, certificate of enterprise registration, investment certificate or certificate of sufficient conditions to carry on business of audit services; d) Director of the private enterprise is deceased; đ) Other cases in accordance with regulations of the law on enterprises. Branches of foreign auditing firms in Vietnam terminate [...]

Branches of auditing firms Conditions for the branches of auditing firms entitled to carry on business of audit services: a) Auditing firms have sufficient conditions to carry on business of audit services as stipulated in Article 21 of this Law; b) A branch has at least two practicing auditors, including the branch director. Two practicing auditors are not at the same time as auditor registering to practice in the head office or other branches of auditing firms. c) Being approved in writing by [...]