VI Certificate of Accounting Practice (CPA) is a certificate issued by the Ministry of Finance to those who wish to practice accounting after passing the Ministry of Finance’s standard exam. This is an important basis for employers to determine the capacity and qualities of an accountant during the recruitment process. For every accountant, an accounting practice certificate is an extremely important and necessary certificate. Realizing that, in this article, Pham Consult would like to share about the procedures for registering to practice accounting services.
Related legal documents:
• Accounting Law 2015;
• Circular 296/2016/TT-BTC
1. Conditions for being granted a Certificate of registration to practice accounting services:
Pursuant to Article 58 of the Law on Accounting 2015, a person with an accountant certificate can register to practice accounting services through an accounting service enterprise or an accounting service business household when all the listed conditions are met. listed below:
a. Have civil act capacity;
b. Have practical work experience in finance and accounting for 36 months or more from the time of graduating from university;
c. Fully participate in the knowledge update program as prescribed.
2. Cases that are not allowed to register to practice accounting services:
The following entities are stipulated by the 2015 Accounting Law not to register to practice accounting services in Clause 4, Article 58:
a. Officials and civil servants; officers, professional soldiers, workers, defense officials, and People’s Police.
b. People who are banned from practicing accounting under a legally effective court judgment or decision; people being prosecuted for criminal liability; People who have been convicted of one of the crimes of violating the economic management order related to finance and accounting but have not had their criminal record erased; People who are being subjected to administrative measures of education in communes, wards, towns, or being sent to compulsory education establishments or compulsory detoxification establishments;
c. People who have been convicted of serious crimes that violate economic management order but have not had their criminal records erased;
d. Persons who are administratively sanctioned for violations of the laws on finance, accounting, and auditing within 6 months from the date of completion of the sanctioning decision in case of a warning or 01 year has not yet expired from the date of completion of execution of the other administrative sanction decision;
e. People who are suspended from practicing accounting services.
3. Procedures and procedures for registering to practice accounting services:
• Application submission is done through an accounting service enterprise where the person registering to practice accounting services has a full-time labor contract;
• Enterprises providing accounting services prepare a list of requests for issuance of Certificates of registration to practice accounting services for practitioners in their units according to the form in Appendix 03/DKHN in Circular 296/2016/ TT-BTC together with each individual’s practice registration dossier to send to the Ministry of Finance;
• If the dossier is not valid or there are issues that need clarification, within 10 days of receiving the dossier, the Ministry of Finance will request additional documents, explanations or provide supporting documents. If there are no additional or appropriately amended documents, the Ministry of Finance has the right to refuse to issue the Certificate of registration to practice accounting services;
• Within 15 days from the date of receiving valid documents, the Ministry of Finance will issue a Certificate of registration to practice accounting services. If not granted, we will respond in writing and clearly state the reason.
4. Registration documents to practice accounting services:
Pursuant to the provisions of Article 3 of Circular 296/2016/TT-BTC, the application file for registration to practice accounting services includes:
(i) Application for issuance of Certificate of registration to practice accounting services according to the form specified in Appendix No. 01/DKHN in Circular 296/2016/TT-BTC;
(ii) Copy of full-time labor contract at an accounting service enterprise;
(iii) Copy of accountant certificate or auditor certificate;
(iv) Certificate of actual time spent working in finance, accounting, auditing according to the form specified in Appendix No. 04/DKHN in Circular 296/2016/TT-BTC or documents proving the Actual time working in finance, accounting, and auditing;
(v) Two 3x4cm color photos taken on a white background within no more than six (06) months from the date of submitting the application for registration to practice accounting services;
(vi) Copy of the Decision to resign or the Decision to terminate the labor contract at the workplace before registering to practice accounting services (if any);
(vii) Copy of the Work Permit in Vietnam of the person registering to practice accounting services who is a foreigner, except for those who are not required to have a work permit according to labor law;
(viii) Documents proving hours of updating knowledge at international professional organizations in accounting and auditing in cases where hours of updating knowledge are counted.
If your business has any problems or needs support during the process of registering to practice accounting services, do not hesitate to contact Pham Consult immediately to receive dedicated support. best quality and best service.
