Audit Services

ACAC provides high-quality audit and assurance services in full compliance with professional standards and current legal regulations. We combine a risk-based audit approach, data analytics technology, and an experienced team of specialists to deliver reliable evidence, transparent reporting, and actionable recommendations that enhance corporate governance.

Scope of Services

  • Statutory Financial Statement Audit
    • Annual financial statement audits in accordance with Vietnamese Standards on Auditing (VSA); ISA applied upon request.
    • Financial reporting frameworks: VAS or IFRS (if required/applicable).
    • Outcome: Audit opinion on whether the financial statements are prepared and presented truthfully and fairly, in compliance with applicable standards and regulations.
  • Special-Purpose Financial Statement Audit
    • M&A/divestment, financial covenants under loan agreements, split/merger, component reporting, etc.
    • Designing procedures tailored to specific objectives and beneficiary requirements.
  • Financial Statement Review
    • Providing limited assurance for semi-annual or interim financial statements.
    • Focused on analytical procedures and inquiries, enabling rapid decision-making with optimized cost.
  • Agreed-Upon Procedures (AUP) on Financial Information
    • Performing procedures agreed upon with clients/funders/investors (e.g., account reconciliation, revenue verification under contracts, inventory checks, cash flow tests…).
    • Outcome: Factual findings report—no opinion or assurance provided.
  • Operational Audit
    • Assessing effectiveness, efficiency, and economy of processes/functions (procurement, sales, inventory, production, maintenance…).
    • Identifying bottlenecks, operational risks, and recommending cost and productivity improvements.
  • Compliance Audit
    • Evaluating compliance with laws, internal policies, contract terms, and industry regulations.
    • Recommending corrective actions and strengthening internal controls.
  • Audit of Completed Investment Project Finalization
    • Auditing the final settlement report of completed investment projects for works/subprojects.
    • Determining settlement values as the basis for approval, payment, and project closure as required.
  • Audit of Financial Statements for Project Management Units/Investors
    • Annual audits of PMU/Investor financial statements, assessing compliance with project financial mechanisms, disbursement regulations, and related risk management.

Value Delivered to Businesses

  • Transparency & credibility for investors, banks, partners, and regulators.
  • Compliance with laws and standards, reducing legal risks.
  • Enhanced operational performance through internal control, risk management, and cost-optimization recommendations.
  • Decision-making support in capital transactions, financing, M&A, and listing activities.

Professional Commitment

  • Independence – Objectivity – Confidentiality.
  • Quality assured through internal quality control processes and continuous training programs for audit professionals.