Monday, 27 June 2022

Accounting Firm and a Certified Public Accountant


    • I. Accounting Firm

         Conditions for an approval of Accounting Firm

    •   - Regulation on Accounting and Auditing on Securities activities No. 001/LSC, dated 07 April 2015 ( article 8 )
    •    Application documents for an approval of Accounting Firm

    •   - Regulation on Accounting and Auditing on Securities activities No. 001/LSC, dated 07 April 2015 ( article 09 ) as the following:

        1.   1. An application pursuant to the form of the Lao Securities Commission Office (LSCO);
        2.   2. A copy of an enterprise registration certificate from the Ministry of Finance;
        3.   3. A copy of a certified public accountant certificate of the accounting firm’ s board of director
        4.      from the Ministry of Finance;
        5.   4. A name list of accountants who got a certified public accountant certificate from the Ministry
        6.      of Finance together with their curriculum vitae and accounting service experiences;
        7.   5. A certificate from the People’s Courts not exceeding 3 months in order to ensure that there
        8.      has not having been sued relating to accounting firm pending in the People’s Courts;
        9.   6. A copy of an enterprise registration certificate, a copy of a tax identification certificate and
        10.      by-laws of the company;
        11.   7. A copy of membership certificate of Chamber of Professional Accountants and Auditors;
        12.   8. Report on business operation and financial statements for the past one year prior to the date
        13.      of application submission to Lao Securities Commission Office (LSCO), exemption for new
        14.      established accounting firm. Financial statements shall be complete and accurate as
        15.      stipulated in the Law on Accounting;
        16.   9. A business plan at least for the first three years after the approval.

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