Post by shakilall25 on May 18, 2024 9:44:55 GMT
Documenting observations also helps auditors protect themselves from claims or disputes. Prepare reports and general conclusions This is the final step of the audit process, to summarize the audit results and give opinions on the honesty and reasonableness of the financial statements. According to the provisions of the Law on Independent Auditing, auditors are responsible for preparing audit reports, which must clearly state their opinions on the truthfulness and reasonableness of financial reports. The audit report must be sent to customers and relevant parties.The auditor's general conclusions play an important role in ensuring the truthfulness and reasonableness of financial reports.
This is the basis for relevant parties to make Ecuador Email List investment and credit decisions, or use financial reports to evaluate the financial situation of the enterprise. Mandatory requirements for auditors Regulations on registration to practice as auditors According to Clause 1, Article 15 of the Law on Independent Audit No. 67/2011/QH12, to practice auditing, auditors need to Meet the following conditions: Be an auditor; Have actual time working as an auditor for thirty-six months or more; Fully participate in the knowledge update program. Standards of auditors According to the provisions of Article 14 of the Law on Independent Audit No. 67/2011/QH12, regulations on standards of auditors are as follows: “1.
Auditors must meet the following standards: Have full civil capacity; Have good moral qualities, sense of responsibility, integrity, honesty, and objectivity; Have a university diploma or higher in finance, banking, accounting, auditing or other majors according to regulations of the Ministry of Finance; Have an auditor certificate according to regulations of the Ministry of Finance. 2. In case a person has a foreign certificate recognized by the Ministry of Finance, passes the exam in Vietnamese onall the standards specified in Points a and b, Clause 1 of this Article, then recognized as an auditor.” Skills and qualities required of auditors Auditors are responsible for checking and evaluating the accuracy and reliability of financial information in an organization. To best perform this job, auditors need to have the following skills and qualities:
This is the basis for relevant parties to make Ecuador Email List investment and credit decisions, or use financial reports to evaluate the financial situation of the enterprise. Mandatory requirements for auditors Regulations on registration to practice as auditors According to Clause 1, Article 15 of the Law on Independent Audit No. 67/2011/QH12, to practice auditing, auditors need to Meet the following conditions: Be an auditor; Have actual time working as an auditor for thirty-six months or more; Fully participate in the knowledge update program. Standards of auditors According to the provisions of Article 14 of the Law on Independent Audit No. 67/2011/QH12, regulations on standards of auditors are as follows: “1.
Auditors must meet the following standards: Have full civil capacity; Have good moral qualities, sense of responsibility, integrity, honesty, and objectivity; Have a university diploma or higher in finance, banking, accounting, auditing or other majors according to regulations of the Ministry of Finance; Have an auditor certificate according to regulations of the Ministry of Finance. 2. In case a person has a foreign certificate recognized by the Ministry of Finance, passes the exam in Vietnamese onall the standards specified in Points a and b, Clause 1 of this Article, then recognized as an auditor.” Skills and qualities required of auditors Auditors are responsible for checking and evaluating the accuracy and reliability of financial information in an organization. To best perform this job, auditors need to have the following skills and qualities: