KPMG assists businesses in tackling tax audit and inspection issues

KPMG assists businesses in tackling tax audit and inspection issues

KPMG in Vietnam launched the Tax & Legal 2022 programmes to support businesses in tax auditing and inspection in 2022-2023.
ICAEW teams up with Vietnam’s Ministry of Finance to deepen accounting and auditing expertise

ICAEW teams up with Vietnam’s Ministry of Finance to deepen accounting and auditing expertise

The ICAEW has signed an MoU with the Accounting and Auditing Supervisory Department to increase the quality of HR and accounting and auditing standards in Vietnam.
Internal audit, good governance, and helping Vietnam’s enterprises grow

Internal audit, good governance, and helping Vietnam’s enterprises grow

Effective corporate governance will be critical in ensuring Vietnam's strong growth, says corporate governance expert Hung Hoang FCPA (Aust.).
Audit and tax risks in 4.0 era

Audit and tax risks in 4.0 era

As Vietnam prepares to introduce the amended Law on Tax Administration in 2019, Lam Le, partner for tax and consulting services at RSM Vietnam, shared with VIR’s Nam Phuong some important points for foreign businesses and investors.
Listed companies need to be prepared for new internal audit rules

Listed companies need to be prepared for new internal audit rules

Target groups will have 24 months to implement Decree 05 on internal audit.
State audit shifts focus on large projects

State audit shifts focus on large projects

The State Audit Office of Vietnam (SAV) will focus on auditing large projects this year with the aim of preventing losses and improving the efficiency of State capital use, General Auditor Ho Duc Phoc said.
PwC Vietnam promotes IT audit knowledge among university students

PwC Vietnam promotes IT audit knowledge among university students

PwC Vietnam Cybersecurity and REMANN organised a scholarship programme with UEL and UEH on "Basic principles in IT audit for finance and credit organisations.”
How best to avoid taxing situations

How best to avoid taxing situations

Law firm DFDL Legal and Tax’s senior tax manager Phan Thi Lieu writes that it is essential that taxpayers know their rights and obligations regarding an expected escalation in tax audits.
Firms dance to a new audit tune

Firms dance to a new audit tune

Businesses should start planning and get their houses in order for a new wave of onsite tax inspections. Rolf Winand, Partner of DFDL law firm writes these inspections should not be onerous if proper planning and preparation is done now.
Power utility found with unsettled loss of $723 mln

Power utility found with unsettled loss of $723 mln

State-owned utility Electricity of Vietnam (EVN) has an unsettled loss of VND15 trillion ($723.2 million) due to exchange rate fluctuations, the State Audit has said.
New circular to enforce independent audits

New circular to enforce independent audits

All credit institutions and branches of foreign banks in Vietnam will have to obey rules on independent audit beginning January 1, according to a new circular issued on December 15 by the State Bank of Vietnam (SBV).
Taking care of RO operations

Taking care of RO operations

KPMG’s advisors Nam Nguyen and Hoang Anh Tuan provide valuable insights on what representative offices need to know to ensure they stay within the law in Vietnam.
Adding up auditing’s true value to firms

Adding up auditing’s true value to firms

“That increased interest will mean that businesses will be subject to greater scrutiny”