Vietnam, UK step up co-operation in auditing

The State auditing offices of Vietnam and the UK will continue co-operating to align with the two countries’ new strategic partnerships.

This plan was outlined at a talk between Amyas Morse, Auditor General from the UK’s National Auditing Office (UK NAO) and Vuong Dinh Hue, Chief Auditor of the State Audit of Vietnam (SAV), who visited the UK from September 18-22 at the invitation of the head of UK NAO.

This is the first UK ministerial-level visit by the SAV since Vietnam and the UK signed a joint declaration to raise the relationship between the two countries to a strategic partnership.

They agreed to increase joint programmes through a wide range of activities. The UK NAO will send its experts to help Vietnam draw up action plans for a development strategy for the State audit by 2020, which was approved by the National Assembly Chairman in April 2010.

The UK NAO will also help Vietnam standardise auditing methods, especially in personnel training.

They agreed to co-ordinate their activities with the European Association of Supreme Audit Institutions (EUROSAI) and the Asian Organisation of Supreme Audit Institutions (ASOSAI).

The UK NAO, a member of EUROSAI’s management board, is committed to boosting co-operation between the two institutions to cope with the global financial crisis and similar occurrences in the future.

Both agreed to promote the role and responsibility of each auditing office and the auditing community during financial crises.

The SAC and the UK NAO established bilateral ties in 1997.

As part of their visit, the Vietnamese delegation met the Association of Chartered Certified Accountants (ACCA) to ask for more professional training.

Helen Brand, an ACCA official, said she hoped that the exchange of experiences between the ACCA and the SAV will help improve professional skills in both offices as well as for general auditors.

The ACCA will support the SAV in its dealings with other auditing organisations across the world, she said.

The Vietnamese delegation will also pay a working visit to the Netherlands and Belgium until September 28. (VNA)

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