{"id":4420,"date":"2026-01-01T21:18:39","date_gmt":"2026-01-02T04:18:39","guid":{"rendered":"https:\/\/kiemtoan.man.net.vn\/?p=4420"},"modified":"2026-01-01T21:18:39","modified_gmt":"2026-01-02T04:18:39","slug":"kiem-toan-to-chuc-tin-dung","status":"publish","type":"post","link":"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/","title":{"rendered":"Auditing of credit institutions: Detailed guidelines and the latest regulations."},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Auditing credit institutions is now not only a mandatory administrative procedure but also a solid &quot;shield&quot; that helps the national financial system operate stably. According to regulations... <\/span><a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Tien-te-Ngan-hang\/Thong-tu-39-2011-TT-NHNN-kiem-toan-doc-lap-to-chuc-tin-dung-133057.aspx\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Circular 39\/2011\/TT-NHNN<\/span><\/a><span style=\"font-weight: 400;\"> and most recently <\/span><a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Tien-te-Ngan-hang\/Thong-tu-51-2024-TT-NHNN-kiem-toan-doc-lap-ngan-hang-thuong-mai-634796.aspx\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Circular 51\/2024\/TT-NHNN<\/span><\/a><span style=\"font-weight: 400;\">The State Bank of Vietnam strongly encourages the implementation of independent audits of commercial banks and branches of foreign banks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Transparency in financial reporting through auditing of credit institutions helps investors, customers, and regulators accurately assess financial health. In a volatile economic environment, compliance with international auditing standards (ISA) and Vietnamese auditing standards (VSA) is crucial for survival. This article will delve into the legal aspects to help businesses optimize their processes.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Doi_tuong_duoc_khuyen_khich_thuc_hien_kiem_toan_to_chuc_tin_dung\" >The entities encouraged to conduct audits of credit institutions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Nhom_cac_ngan_hang_va_to_chuc_tin_dung_pho_bien\" >Popular group of banks and credit institutions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Chi_nhanh_ngan_hang_nuoc_ngoai_va_cac_to_chuc_lien_quan\" >Foreign bank branches and related organizations<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Muc_dich_cot_loi_cua_viec_kiem_toan_to_chuc_tin_dung\" >The core purpose of auditing credit institutions.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Danh_gia_han_che_va_phong_ngua_rui_ro_van_hanh\" >Assessing limitations and preventing operational risks.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Dam_bao_tinh_tuan_thu_phap_luat_va_thong_tu_nganh\" >Ensuring compliance with laws and industry regulations.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Nang_cao_nang_luc_quan_tri_rui_ro_va_uy_tin_thuong_hieu\" >Enhancing risk management capabilities and brand reputation.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Co_so_phap_ly_dieu_chinh_hoat_dong_kiem_toan_to_chuc_tin_dung\" >Legal basis governing the auditing of credit institutions.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Quy_trinh_thuc_hien_kiem_toan_to_chuc_tin_dung_chuan_chuyen_gia\" >Standard expert audit procedures for credit institutions.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Giai_doan_lap_ke_hoach_va_danh_gia_rui_ro_ban_dau\" >Initial risk planning and assessment phase<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Giai_doan_thuc_hien_kiem_tra_chi_tiet_va_doi_chieu_so_lieu\" >Phase of detailed verification and data comparison.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Giai_doan_tong_hop_va_phat_hanh_bao_cao_kiem_toan\" >The stage of compiling and issuing the audit report.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Nhung_luu_y_dac_biet_doi_voi_kiem_toan_to_chuc_tin_dung_hop_tac_xa\" >Special considerations for auditing cooperative credit institutions.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Loi_ich_khi_su_dung_dich_vu_kiem_toan_to_chuc_tin_dung_chuyen_nghiep\" >Benefits of using professional credit institution audit services.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Dam_bao_tinh_doc_lap_va_khach_quan_tuyet_doi\" >Ensuring absolute independence and objectivity.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Ho_tro_tu_van_hoan_thien_he_thong_ke_toan_%E2%80%93_thue\" >Providing consulting support to improve accounting and tax systems.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Ket_luan\" >Conclude<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Thong_tin_lien_he_dich_vu_tai_MAN_%E2%80%93_Master_Accountant_Network\" >Service contact information at MAN \u2013 Master Accountant Network<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Cac_cau_hoi_thuong_gap_ve_kiem_toan_to_chuc_tin_dung\" >Frequently Asked Questions about Auditing Credit Institutions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Thoi_han_nop_bao_cao_kiem_toan_to_chuc_tin_dung_cho_Ngan_hang_Nha_nuoc_la_khi_nao\" >What is the deadline for submitting audit reports on credit institutions to the State Bank of Vietnam?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#To_chuc_kiem_toan_nao_duoc_phep_thuc_hien_kiem_toan_to_chuc_tin_dung\" >Which auditing firms are authorized to audit credit institutions?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/kiemtoan.man.net.vn\/en\/kiem-toan-to-chuc-tin-dung\/#Kiem_toan_to_chuc_tin_dung_co_bat_buoc_doi_voi_tat_ca_cac_Quy_tin_dung_nhan_dan_khong\" >Is auditing of credit institutions mandatory for all People&#039;s Credit Funds?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Doi_tuong_duoc_khuyen_khich_thuc_hien_kiem_toan_to_chuc_tin_dung\"><\/span><b>The entities encouraged to conduct audits of credit institutions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Identifying the right entities in the credit institution audit process helps units be more proactive in selecting partners and preparing legal documents. The State Bank of Vietnam (SBV) has clearly categorized units into mandatory and encouraged audit groups to optimize management resources.<\/span><\/p>\n<figure id=\"attachment_4421\" aria-describedby=\"caption-attachment-4421\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4421\" src=\"https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Doi-tuong-duoc-khuyen-khich-thuc-hien-kiem-toan-to-chuc-tin-dung.jpg\" alt=\"\u0110\u1ed1i t\u01b0\u1ee3ng \u0111\u01b0\u1ee3c khuy\u1ebfn kh\u00edch th\u1ef1c hi\u1ec7n ki\u1ec3m to\u00e1n t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng\" width=\"1200\" height=\"800\" srcset=\"https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Doi-tuong-duoc-khuyen-khich-thuc-hien-kiem-toan-to-chuc-tin-dung.jpg 1200w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Doi-tuong-duoc-khuyen-khich-thuc-hien-kiem-toan-to-chuc-tin-dung-300x200.jpg 300w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Doi-tuong-duoc-khuyen-khich-thuc-hien-kiem-toan-to-chuc-tin-dung-1024x683.jpg 1024w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Doi-tuong-duoc-khuyen-khich-thuc-hien-kiem-toan-to-chuc-tin-dung-768x512.jpg 768w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Doi-tuong-duoc-khuyen-khich-thuc-hien-kiem-toan-to-chuc-tin-dung-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4421\" class=\"wp-caption-text\">The entities encouraged to conduct audits of credit institutions<\/figcaption><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Nhom_cac_ngan_hang_va_to_chuc_tin_dung_pho_bien\"><\/span><b>Popular group of banks and credit institutions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In line with the government&#039;s direction on restructuring the financial system, auditing of credit institutions is strongly encouraged for:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Commercial banks:<\/b><span style=\"font-weight: 400;\"> This includes state-owned commercial banks and joint-stock commercial banks.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Cooperative banks and people&#039;s credit funds:<\/b><span style=\"font-weight: 400;\"> This group needs to be audited to ensure the safety of its contributing members.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Finance companies and financial leasing companies:<\/b><span style=\"font-weight: 400;\"> These entities face high risks in managing their debt portfolios.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Chi_nhanh_ngan_hang_nuoc_ngoai_va_cac_to_chuc_lien_quan\"><\/span><b>Foreign bank branches and related organizations<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">For foreign bank branches operating in Vietnam, financial institution audits help synchronize financial data between the host country and the parent company. This ensures that all cross-border transactions strictly comply with current Vietnamese anti-money laundering and foreign exchange management regulations.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Muc_dich_cot_loi_cua_viec_kiem_toan_to_chuc_tin_dung\"><\/span><b>The core purpose of auditing credit institutions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Why does the State Bank of Vietnam impose strict regulations on auditing credit institutions? The answer lies in three main pillars: System safety, Legal compliance, and Information transparency.<\/span><\/p>\n<figure id=\"attachment_4423\" aria-describedby=\"caption-attachment-4423\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4423\" src=\"https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Muc-dich-cot-loi-cua-viec-kiem-toan-to-chuc-tin-dung.jpg\" alt=\"M\u1ee5c \u0111\u00edch c\u1ed1t l\u00f5i c\u1ee7a vi\u1ec7c ki\u1ec3m to\u00e1n t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng\" width=\"1200\" height=\"800\" srcset=\"https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Muc-dich-cot-loi-cua-viec-kiem-toan-to-chuc-tin-dung.jpg 1200w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Muc-dich-cot-loi-cua-viec-kiem-toan-to-chuc-tin-dung-300x200.jpg 300w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Muc-dich-cot-loi-cua-viec-kiem-toan-to-chuc-tin-dung-1024x683.jpg 1024w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Muc-dich-cot-loi-cua-viec-kiem-toan-to-chuc-tin-dung-768x512.jpg 768w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Muc-dich-cot-loi-cua-viec-kiem-toan-to-chuc-tin-dung-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4423\" class=\"wp-caption-text\">The core purpose of auditing credit institutions.<\/figcaption><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Danh_gia_han_che_va_phong_ngua_rui_ro_van_hanh\"><\/span><b>Assessing limitations and preventing operational risks.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Auditing credit institutions helps to detect early loopholes in credit approval processes, collateral management, and internal controls. Auditors will review non-performing loans, overdue loans, and risk provisions in accordance with Circular 11\/2021\/TT-NHNN on asset classification.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Dam_bao_tinh_tuan_thu_phap_luat_va_thong_tu_nganh\"><\/span><b>Ensuring compliance with laws and industry regulations.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Each year, financial institutions face a series of changes in monetary policy. Audits of credit institutions confirm that the institution has correctly applied capital adequacy ratios (CAR), liquidity ratios, and credit limits for a customer or group of customers as required by law.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Nang_cao_nang_luc_quan_tri_rui_ro_va_uy_tin_thuong_hieu\"><\/span><b>Enhancing risk management capabilities and brand reputation.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A credit institution audit report with a &quot;Full Acceptance&quot; opinion from reputable auditing firms is a passport for banks to access cheap capital. It objectively affirms the risk management capabilities of the management board to shareholders and domestic and foreign investors.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Co_so_phap_ly_dieu_chinh_hoat_dong_kiem_toan_to_chuc_tin_dung\"><\/span><b>Legal basis governing the auditing of credit institutions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">To conduct professional audits of credit institutions, auditors and businesses need to have a thorough understanding of the current legal framework. Below is a summary of the most important legal documents:<\/span><\/p>\n<table style=\"width: 100%; border-style: solid; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><b>Summary of the legal basis governing the auditing activities of credit institutions.<\/b><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center; width: 23.4469%;\"><b>Legal documents<\/b><\/td>\n<td style=\"text-align: center; width: 55.1102%;\"><b>Main adjustments<\/b><\/td>\n<td style=\"text-align: center; width: 20.6413%;\"><b>Validity\/Status<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; width: 23.4469%;\"><span style=\"font-weight: 400;\">Circular 51\/2024\/TT-NHNN<\/span><\/td>\n<td style=\"text-align: center; width: 55.1102%;\"><span style=\"font-weight: 400;\">Regulations on independent auditing for credit institutions and branches of foreign banks.<\/span><\/td>\n<td style=\"text-align: center; width: 20.6413%;\"><span style=\"font-weight: 400;\">Newly issued<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; width: 23.4469%;\"><span style=\"font-weight: 400;\">Circular 39\/2011\/TT-NHNN<\/span><\/td>\n<td style=\"text-align: center; width: 55.1102%;\"><span style=\"font-weight: 400;\">Regulations on independent auditing for credit institutions in general.<\/span><\/td>\n<td style=\"text-align: center; width: 20.6413%;\"><span style=\"font-weight: 400;\">Currently in effect<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; width: 23.4469%;\"><span style=\"font-weight: 400;\">Law on Credit Institutions 2024<\/span><\/td>\n<td style=\"text-align: center; width: 55.1102%;\"><span style=\"font-weight: 400;\">The highest legal framework for financial operations and supervision.<\/span><\/td>\n<td style=\"text-align: center; width: 20.6413%;\"><span style=\"font-weight: 400;\">Currently in effect<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; width: 23.4469%;\"><span style=\"font-weight: 400;\">Circular 11\/2021\/TT-NHNN<\/span><\/td>\n<td style=\"text-align: center; width: 55.1102%;\"><span style=\"font-weight: 400;\">Regulations on asset classification and risk provision.<\/span><\/td>\n<td style=\"text-align: center; width: 20.6413%;\"><span style=\"font-weight: 400;\">Very important<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Timely understanding of regulations in auditing credit institutions helps businesses avoid administrative penalties from the State Bank of Vietnam, which are very expensive and seriously affect their reputation.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Quy_trinh_thuc_hien_kiem_toan_to_chuc_tin_dung_chuan_chuyen_gia\"><\/span><b>Standard expert audit procedures for credit institutions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A thorough audit process for a credit institution typically lasts from 3 to 6 months, encompassing closed phases to ensure that no material misstatements are overlooked. <\/span><a href=\"https:\/\/kiemtoan.man.net.vn\/en\/bao-cao-tai-chinh\/\"><span style=\"font-weight: 400;\">financial reports<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<figure id=\"attachment_4425\" aria-describedby=\"caption-attachment-4425\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4425\" src=\"https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Quy-trinh-thuc-hien-kiem-toan-to-chuc-tin-dung-chuan-chuyen-gia.jpg\" alt=\"Quy tr\u00ecnh th\u1ef1c hi\u1ec7n ki\u1ec3m to\u00e1n t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng chu\u1ea9n chuy\u00ean gia\" width=\"1200\" height=\"800\" srcset=\"https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Quy-trinh-thuc-hien-kiem-toan-to-chuc-tin-dung-chuan-chuyen-gia.jpg 1200w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Quy-trinh-thuc-hien-kiem-toan-to-chuc-tin-dung-chuan-chuyen-gia-300x200.jpg 300w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Quy-trinh-thuc-hien-kiem-toan-to-chuc-tin-dung-chuan-chuyen-gia-1024x683.jpg 1024w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Quy-trinh-thuc-hien-kiem-toan-to-chuc-tin-dung-chuan-chuyen-gia-768x512.jpg 768w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Quy-trinh-thuc-hien-kiem-toan-to-chuc-tin-dung-chuan-chuyen-gia-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4425\" class=\"wp-caption-text\">Standard expert audit procedures for credit institutions.<\/figcaption><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Giai_doan_lap_ke_hoach_va_danh_gia_rui_ro_ban_dau\"><\/span><b>Initial risk planning and assessment phase<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Auditors will examine the internal control system of the credit institution. In this step, the audit of the credit institution focuses on identifying high-risk areas such as treasury operations, international payment activities, and complex financial derivative products arising during the period.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Giai_doan_thuc_hien_kiem_tra_chi_tiet_va_doi_chieu_so_lieu\"><\/span><b>Phase of detailed verification and data comparison.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This is the core phase of auditing credit institutions. The work groups include: reconciling customer deposit balances using confirmation letters; examining disbursement records and collateral; and reviewing the calculation of interest, fees, and non-interest income in accordance with accounting regulations.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Giai_doan_tong_hop_va_phat_hanh_bao_cao_kiem_toan\"><\/span><b>The stage of compiling and issuing the audit report.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">After gathering sufficient evidence, the auditors will discuss the adjusting entries with the Board of Directors. The final audit report of the credit institution will be submitted to the State Bank of Vietnam and publicly disclosed within the prescribed timeframe for financial information transparency.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nhung_luu_y_dac_biet_doi_voi_kiem_toan_to_chuc_tin_dung_hop_tac_xa\"><\/span><b>Special considerations for auditing cooperative credit institutions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Cooperative credit institutions (such as People&#039;s Credit Funds) are characterized by their small scale but strong sense of community. Therefore, auditing of credit institutions in this segment often focuses on fairness in profit distribution and the safety of loans to members.<\/span><\/p>\n<figure id=\"attachment_4424\" aria-describedby=\"caption-attachment-4424\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4424\" src=\"https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Nhung-luu-y-dac-biet-doi-voi-kiem-toan-to-chuc-tin-dung-hop-tac-xa.jpg\" alt=\"Nh\u1eefng l\u01b0u \u00fd \u0111\u1eb7c bi\u1ec7t \u0111\u1ed1i v\u1edbi ki\u1ec3m to\u00e1n t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng h\u1ee3p t\u00e1c x\u00e3\" width=\"1200\" height=\"800\" srcset=\"https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Nhung-luu-y-dac-biet-doi-voi-kiem-toan-to-chuc-tin-dung-hop-tac-xa.jpg 1200w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Nhung-luu-y-dac-biet-doi-voi-kiem-toan-to-chuc-tin-dung-hop-tac-xa-300x200.jpg 300w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Nhung-luu-y-dac-biet-doi-voi-kiem-toan-to-chuc-tin-dung-hop-tac-xa-1024x683.jpg 1024w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Nhung-luu-y-dac-biet-doi-voi-kiem-toan-to-chuc-tin-dung-hop-tac-xa-768x512.jpg 768w, https:\/\/kiemtoan.man.net.vn\/wp-content\/uploads\/2026\/01\/Nhung-luu-y-dac-biet-doi-voi-kiem-toan-to-chuc-tin-dung-hop-tac-xa-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4424\" class=\"wp-caption-text\">Special considerations for auditing cooperative credit institutions.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Here are the criteria that are usually scrutinized:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Membership:<\/b><span style=\"font-weight: 400;\"> Ensure that borrowers are genuine members of the fund.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Loan limits:<\/b><span style=\"font-weight: 400;\"> Do not exceed the prescribed ratio for a single member to avoid concentration risk.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Registered capital:<\/b><span style=\"font-weight: 400;\"> Capital contributions and transfers must be transparent and in accordance with the company&#039;s charter.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Loi_ich_khi_su_dung_dich_vu_kiem_toan_to_chuc_tin_dung_chuyen_nghiep\"><\/span><b>Benefits of using professional credit institution audit services.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Hiring an external audit firm to audit a credit institution provides an objective view that the internal control system would find difficult to assess with absolute accuracy.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Dam_bao_tinh_doc_lap_va_khach_quan_tuyet_doi\"><\/span><b>Ensuring absolute independence and objectivity.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Auditing firms belonging to the network include <\/span>MAN \u2013 Master Accountant Network<span style=\"font-weight: 400;\"> We provide a team of experts with in-depth knowledge of banking law. This helps ensure that our audit reports on credit institutions are highly reliable for regulatory bodies and strategic partners.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Ho_tro_tu_van_hoan_thien_he_thong_ke_toan_%E2%80%93_thue\"><\/span><b>Providing consulting support to improve accounting and tax systems.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Besides conducting inspections, credit institution audit services also help businesses review their tax obligations. This helps avoid the risk of being subject to tax arrears due to misunderstandings of regulations regarding provisions for credit risk, which are quite complex.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><b>Conclude<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Auditing credit institutions is an indispensable link in the modern financial ecosystem. Conducting audits is not merely about complying with inspections; it is essentially a smart investment to protect the value of the business. Through accurate data and recommendations from credit institution audit reports, management can make sound strategic decisions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If your organization is looking for a reliable partner, connect with us. <\/span><b>MAN \u2013 Master Accountant Network<\/b><span style=\"font-weight: 400;\">We are proud to offer specialized auditing and tax accounting services to the financial industry. With a team of experienced professionals, MAN is committed to providing comprehensive auditing solutions for credit institutions, helping them comply with regulations and enhance their reputation. Contact MAN today for advice on the optimal solution!<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Thong_tin_lien_he_dich_vu_tai_MAN_%E2%80%93_Master_Accountant_Network\"><\/span><b>Service contact information at MAN \u2013 Master Accountant Network<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Address: No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mobile\/Zalo: 0903 963 163 \u2013 0903 428 622<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Email: man@man.net.vn<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Content production by: Mr. <\/span><a href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Le Hoang Tuyen<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 Founder &amp; CEO MAN \u2013 Master Accountant Network, Vietnamese CPA Auditor with over 30 years of experience in Accounting, Auditing and Financial Consulting.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cac_cau_hoi_thuong_gap_ve_kiem_toan_to_chuc_tin_dung\"><\/span><b>Frequently Asked Questions about Auditing Credit Institutions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n        <section class=\"sc_fs_faq sc_card\">\n            <div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Thoi_han_nop_bao_cao_kiem_toan_to_chuc_tin_dung_cho_Ngan_hang_Nha_nuoc_la_khi_nao\"><\/span>What is the deadline for submitting audit reports on credit institutions to the State Bank of Vietnam?<span class=\"ez-toc-section-end\"><\/span><\/h3>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tAccording to regulations, independent audit reports must be submitted within 90 days of the end of the fiscal year. In certain exceptional cases, credit institutions may request an extension if they receive written approval from the State Bank of Vietnam.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card\">\n            <div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"To_chuc_kiem_toan_nao_duoc_phep_thuc_hien_kiem_toan_to_chuc_tin_dung\"><\/span>Which auditing firms are authorized to audit credit institutions?<span class=\"ez-toc-section-end\"><\/span><\/h3>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tOnly auditing firms on the list approved annually by the State Bank of Vietnam are authorized. These firms must meet stringent criteria regarding the number of auditors and practical experience in the financial industry.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card\">\n            <div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Kiem_toan_to_chuc_tin_dung_co_bat_buoc_doi_voi_tat_ca_cac_Quy_tin_dung_nhan_dan_khong\"><\/span>Is auditing of credit institutions mandatory for all People&#039;s Credit Funds?<span class=\"ez-toc-section-end\"><\/span><\/h3>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tCurrently, the State Bank of Vietnam encourages all credit funds to undergo audits. However, for funds with large asset sizes or those under special supervision, conducting a credit institution audit is a mandatory requirement.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t\n<script type=\"application\/ld+json\">\n    {\n\t\t\"@context\": \"https:\/\/schema.org\",\n\t\t\"@type\": \"FAQPage\",\n\t\t\"mainEntity\": [\n\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Th\u1eddi h\u1ea1n n\u1ed9p b\u00e1o c\u00e1o ki\u1ec3m to\u00e1n t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng cho Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc l\u00e0 khi n\u00e0o?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Theo quy \u0111\u1ecbnh, b\u00e1o c\u00e1o ki\u1ec3m to\u00e1n \u0111\u1ed9c l\u1eadp ph\u1ea3i \u0111\u01b0\u1ee3c n\u1ed9p trong v\u00f2ng 90 ng\u00e0y k\u1ec3 t\u1eeb ng\u00e0y k\u1ebft th\u00fac n\u0103m t\u00e0i ch\u00ednh. \u0110\u1ed1i v\u1edbi m\u1ed9t s\u1ed1 tr\u01b0\u1eddng h\u1ee3p \u0111\u1eb7c bi\u1ec7t, TCTD c\u00f3 th\u1ec3 xin gia h\u1ea1n n\u1ebfu \u0111\u01b0\u1ee3c s\u1ef1 \u0111\u1ed3ng \u00fd b\u1eb1ng v\u0103n b\u1ea3n c\u1ee7a NHNN.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"T\u1ed5 ch\u1ee9c ki\u1ec3m to\u00e1n n\u00e0o \u0111\u01b0\u1ee3c ph\u00e9p th\u1ef1c hi\u1ec7n ki\u1ec3m to\u00e1n t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Ch\u1ec9 nh\u1eefng c\u00f4ng ty ki\u1ec3m to\u00e1n n\u1eb1m trong danh s\u00e1ch \u0111\u01b0\u1ee3c Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc ch\u1ea5p thu\u1eadn h\u00e0ng n\u0103m m\u1edbi c\u00f3 \u0111\u1ee7 th\u1ea9m quy\u1ec1n. C\u00e1c \u0111\u01a1n v\u1ecb n\u00e0y ph\u1ea3i \u0111\u00e1p \u1ee9ng ti\u00eau ch\u00ed kh\u1eaft khe v\u1ec1 s\u1ed1 l\u01b0\u1ee3ng ki\u1ec3m to\u00e1n vi\u00ean v\u00e0 kinh nghi\u1ec7m th\u1ef1c t\u1ebf trong ng\u00e0nh t\u00e0i ch\u00ednh.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Ki\u1ec3m to\u00e1n t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng c\u00f3 b\u1eaft bu\u1ed9c \u0111\u1ed1i v\u1edbi t\u1ea5t c\u1ea3 c\u00e1c Qu\u1ef9 t\u00edn d\u1ee5ng nh\u00e2n d\u00e2n kh\u00f4ng?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Hi\u1ec7n nay, NHNN khuy\u1ebfn kh\u00edch t\u1ea5t c\u1ea3 c\u00e1c Qu\u1ef9 t\u00edn d\u1ee5ng th\u1ef1c hi\u1ec7n ki\u1ec3m to\u00e1n. Tuy nhi\u00ean, \u0111\u1ed1i v\u1edbi c\u00e1c Qu\u1ef9 c\u00f3 quy m\u00f4 t\u00e0i s\u1ea3n l\u1edbn ho\u1eb7c n\u1eb1m trong di\u1ec7n gi\u00e1m s\u00e1t \u0111\u1eb7c bi\u1ec7t, vi\u1ec7c th\u1ef1c hi\u1ec7n ki\u1ec3m to\u00e1n t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng l\u00e0 y\u00eau c\u1ea7u b\u1eaft bu\u1ed9c.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t\t    ]\n}\n<\/script>","protected":false},"excerpt":{"rendered":"<p>Ki\u1ec3m to\u00e1n t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng hi\u1ec7n nay kh\u00f4ng ch\u1ec9 l\u00e0 m\u1ed9t th\u1ee7 t\u1ee5c h\u00e0nh ch\u00ednh b\u1eaft bu\u1ed9c m\u00e0 c\u00f2n l\u00e0 &#8220;l\u00e1 ch\u1eafn&#8221; v\u1eefng ch\u1eafc gi\u00fap h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh qu\u1ed1c gia v\u1eadn h\u00e0nh \u1ed5n \u0111\u1ecbnh. Theo quy \u0111\u1ecbnh t\u1ea1i Th\u00f4ng t\u01b0 39\/2011\/TT-NHNN v\u00e0 m\u1edbi nh\u1ea5t l\u00e0 Th\u00f4ng t\u01b0 51\/2024\/TT-NHNN, vi\u1ec7c th\u1ef1c hi\u1ec7n ki\u1ec3m to\u00e1n [&hellip;]<\/p>","protected":false},"author":5,"featured_media":4422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/kiemtoan.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/4420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kiemtoan.man.net.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kiemtoan.man.net.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kiemtoan.man.net.vn\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/kiemtoan.man.net.vn\/en\/wp-json\/wp\/v2\/comments?post=4420"}],"version-history":[{"count":1,"href":"https:\/\/kiemtoan.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/4420\/revisions"}],"predecessor-version":[{"id":4426,"href":"https:\/\/kiemtoan.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/4420\/revisions\/4426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kiemtoan.man.net.vn\/en\/wp-json\/wp\/v2\/media\/4422"}],"wp:attachment":[{"href":"https:\/\/kiemtoan.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=4420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kiemtoan.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=4420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kiemtoan.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=4420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}