Statutory audit is one of BDO’s core business activities. It is a statutory requirement under the Independence Auditing Law, 2012 that a FDI company, public & listed company, bank & financial institute, insurance company and state owned company has to prepare its financial statements in accordance with applicable approved accounting standards in Vietnam, and has to be audited in accordance with approved standards on auditing in Vietnam.

We have knowledgeable, skilled and experienced people who stay abreast of accounting developments and have access to state-of-the-art auditing technology in carrying out our audit effectively and efficiently. Our risk-based audit approach focuses on business drivers, the associated risks, and the potential effects on the financial statements. It also permits us to consider established facts objectively in arriving at an unbiased audit opinion.

In addition, we provide constructive suggestions for improving internal controls on financial reporting that add value to our client’s business. We also provide continuous technical support through our internal technical and training unit to keep our clients abreast with up-to-date changes to the accounting standards and reporting requirements.

Other attestation work

The provision of the service of auditing of the finalised accounts of investment capital and construction works is one of the activities of BDO in Vietnam.

Our experts in this field have made hundreds of the auditing finalised accounts of investment capital and construction works. The operation of BDO in Vietnam has contributed to helping investor eliminate unreasonable cost, save for the state budget and investors.

We also perform independent verification of financial and non-financial data, among others.