Catalog

Financial Management and Governance Issues in Viet Nam: Volume 1

The printed version of this publication is out of print. Please contact the Publications Unit for more information. View Document  Books, Periodicals, Studies, and Reports On-line edition: Free of Charge Hardcopy price: $10.00 ISBN: 971-561-333-0 Paperback (Pub. Date: 2000) Out of Print

This report describes accounting and auditing arrangements and practices in Viet Nam, identifies deficiencies in those arrangements, and presents recommendations to address those deficiencies.

SEE ALSO

Financial Management and Governance Issues Series Diagnostic Study of Accounting and Auditing Practices Series

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Contents

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Foreword, Contents, and Executive Summary [ PDF:154kb | 13 pages ]

1. INTRODUCTION [ PDF:18kb | 3 pages ]
   1. Study Background
   2. Objectives
   3. Scope
   4. Country Case Studies and Workshops
   5. ADB Focus on Financial Governance in Viet Nam
   6. Viet Nam

2. ACCOUNTING AND AUDITING IN VIET NAM [ PDF:63kb | 18 pages ]

   Part One. Accounting

   1. Introduction
   2. Ordinance on Accounting and Statistics
   3. The Viet Nam Accounting System
   4. Benchmarks, Ratios and Covenants
   5. Accounting Bases
   6. Foreign-invested Business Entities
   7. Role of the Chief Accountant

   Part Two. Auditing

   8. Introduction
   9. Organization of the State Audit of Viet Nam
   10. Employment of Auditors
   11. Functions and Duties of the State Audit
   12. Objectives of the State Audit
   13. Audit Regulations
   14. Internal Audit
   15. Private Sector Auditing Firms
   16. Licensing of Auditing Firms
   17. Quality Control of Auditing Firms
   18. Financial Auditor Licenses
   19. Audit of Foreign-invested Business Entities
   20. Qualifications of Auditors

3. PROFESSIONAL INFRASTRUCTURE [ PDF:29kb | 8 pages ]
   1. Introduction
   2. The Viet Nam Accounting Association
   3. Legal Establishment
   4. Functions of the Vietnamese Accounting Association
   5. Organization
   6. Structure
   7. Membership
   8. The National Council for Accountancy

4. ACCOUNTING AND AUDITING STANDARDS [ PDF:44kb | 14 pages ]

   Part One. Accounting Standards

   1. Accounting Standards Board
   2. Accounting Standards
   3. Deviations from International Accounting Standards
   4. Public Sector Accounting Standards

   Part Two. Auditing Standards

   5. Auditing Standards
   6. Vietnamese Standards on Auditing

5. ACCOUNTING AND AUDITING TRAINING [ PDF:21kb | 5 pages ]
   1. Introduction
   2. Institutional Training Establishments
   3. Entry Requirements
   4. Viet Nam Accounting Association
   5. Professional Accountant
   6. Public Sector Accountancy Training
   7. Hanoi University of Finance and Accountancy
   8. European Union Assistance

6. GOVERNMENT BUDGETING AND ACCOUNTING [ PDF:24kb | 6 pages ]
   1. Financial Management
   2. The State Budget System
   3. Allocation of State Revenues and Expenditures
   4. The Budget Cycle
   5. Capital Investment Plan
   6. Assets and Liabilities Management
   7. Corruption Issues in the Public Service

7. DONOR ASSISTANCE [ PDF:24kb | 3 pages ]
   1. Overview
   2. ADB Technical Assistance to Viet Nam
   3. European Union Assistance

8. ISSUES AND RECOMMENDATIONS [ PDF:24kb | 3 pages ]

   Part One. Matters Where Donor Assistance is Required

   1. Vietnamese Accounting and Auditing Standards
   2. Vietnamese Public Sector Accounting Standards
   3. Ordinance on Accounting and Statistics
   4. Accountancy Education and Training
   5. Training for Accounting Lecturers and Professors
   6. Public Accounts Committee
   7. Review, Consolidation and Translation of Laws

   Part Two. Where Donor Assistance is Not Required

   8. Viet Nam Accounting Association
   9. Establish Public Sector Accounting Standards Board
   10. Conflict of Interest
   11. Transparency Issues
   12. Financial Performance Indicators
   13. ADB Anti-corruption Policy

9. MAIN DEFICIENCIES AND ACTION PLAN [ PDF:24kb | 2 pages ]

REFERENCES AND APPENDIXES [ PDF:151kb | 60 pages ]