Financial Auditing Services

AVN AUDITFinancial Auditing Services

Corporate‘s financial statement auditing is one of the basic factors that make up the AVN Audit brand.

With a large number of customers spread across provinces and cities of various types of businesses in different industries, AVN Audit is willing to provide an auditing service with the best quality to ensure enterprises’ financial position and results of operation are true and fair.

Assisting businesses to improve the quality of financial statements provided to the outside and to comply with new regulations including: Vietnamese Accounting System, Vietnam Accounting Standards (VAS) and International Financial Reporting Standards (IFRS).
Assisting customers in providing non-financial information to the outside and ỉmproving their corporate governance processes.

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Financial Auditing

Purpose of Auditing

Confirming whether the financial statements are prepared on the basis of current accounting regime and standards, comply with relevant laws and give a true and fair view of them in all material respects.

Helping enterprises reduce risks in accounting books, overcome weaknesses, improve internal control quality, thereby promoting financial management and corporate governance.

FINANCIAL AUDIT

Services provided
by AVN Audit

Financial statement auditing

In order to provide an audit opinion on a true and fair view of financial information and financial statements issued by enterprises in accordance with Vietnamese Accounting Standards.

Auditing of statements prepared according to IFRS

We audit the financial statements of domestic and foreign enterprises that are prepared in accordance with International Financial Reporting Standards (IFRS) for auditing purposes in accordance with applicable foreign laws, or submit on the stock market, or for corporate reporting or internal management purposes, as well as for submission to banks and investors. In addition, we also audit the financial statements prepared in accordance with International Financial Reporting Standards (IFRS) for SMEs.

Completion Audit

To ensure specific financial parameters of an enterprise when it is purchased or sold.

Report on internal control system

Including reasonable warranty agreement or limited warranty agreement to draw independent conclusions on the internal control system at the request of the customer.

Review of financial statements and financial information

Draw reasonable conclusions about financial information in the absence of a comprehensive audit.

Service of pre-agreed procedures

Carry out pre-agreed procedures between an entity and a third party to make practical findings about financial information or operational processes.

Compliance audit

Provides assurance of the enterprises’s compliance with laws or contractual obligations, such as loan agreements, funding conditions of donors.

Audit of future financial information

The scope of the audit includes the potential consequences of events and activities that may occur in the future. The service is forward-looking and therefore it is speculative.

Summary of financial information

Services that assist the entity’s Board of Directors in preparing and presenting financial information in accordance with the applicable financial reporting framework, based on the information provided by the entity.

Enterprises with foreign owned capital;
Credit institutions which are established and operating under the Law on credit institutions, including branches of foreign banks in Vietnam;
Financial organizations, insurance companies, reinsurance companies, insurance brokerage companies, branches of foreign non life insurance companies;
Public companies, securities issuing organizations and securities trading organizations;
State enterprises, except those operating in the field of state secrets as prescribed by law;
Enterprises and organizations with 20% or more of the voting rights held by state groups, state corporations in the end of the fiscal year;
Enterprises with 20% or more of the voting rights held by securities listing, issuing and trading organizations at the end of the fiscal year;
The audit firm, branches of foreign audit firms in Vietnam;
Projects financed with ODA or concessional loans must be audited by an independent auditor under agreement with the donor.

FINANCIAL AUDIT

Objects

The objects required for auditing annual financial statements

AVN AUDITWhy choose us?

The leading factor in AVN Audit’s success is the leadership team with good professional competence, professional service style, high quality, a sense of professional ethics and the ability to understand customer needs.
The dynamic staffs are carefully screened, accumulated qualifications and experiences, recruited from prestigious universities.
Reasonable cost.