Vietnam Association of Certified Public Accountants
Right from its inception, VACPA's activities have received the attention and direction of the Ministry of Finance, expressed through the assignment and authorization to the Association to perform a number of professional and professional management jobs. One of the important decisions made during the year of 2005 is Decision No. 47 / 2005 / QD-BTC dated 14 / 7 / 2005 transferring to VACPA some contents of management work of auditing practice. In the year of 2007, the Ministry of Finance issued Decision No. 32 / 2007 / QD-BTC promulgating the regulation on quality control of audit services and assigning the Association to directly inspect auditing companies. Especially since the year of 2008, VACPA has been authorized by the Ministry of Finance to study, draft and update the Vietnam Standards on Auditing System in Decision No. 1053 / QD-BTC dated 13 / 5 / 2008. The scope of professional activities of the Association is also stated in Article 12 of the Law on Independent Auditing and Article 4 of Decree No. 17 / 2012 ND-CP, confirming the position of the Association in the overall development of the inspection industry. Vietnam's independent math team.