Saturday, 12 October 2024
Accounting Firm and a Certified Public Accountant
- - Regulation on Accounting and Auditing on Securities activities No. 001/LSC, dated 07 April 2015 ( article 8 )
- - Regulation on Accounting and Auditing on Securities activities No. 001/LSC, dated 07 April 2015 ( article 09 ) as the following:
- 1. An application pursuant to the form of the Lao Securities Commission Office (LSCO);
- 2. A copy of an enterprise registration certificate from the Ministry of Finance;
- 3. A copy of a certified public accountant certificate of the accounting firm’ s board of director
- from the Ministry of Finance;
- 4. A name list of accountants who got a certified public accountant certificate from the Ministry
- of Finance together with their curriculum vitae and accounting service experiences;
- 5. A certificate from the People’s Courts not exceeding 3 months in order to ensure that there
- has not having been sued relating to accounting firm pending in the People’s Courts;
- 6. A copy of an enterprise registration certificate, a copy of a tax identification certificate and
- by-laws of the company;
- 7. A copy of membership certificate of Chamber of Professional Accountants and Auditors;
- 8. Report on business operation and financial statements for the past one year prior to the date
- of application submission to Lao Securities Commission Office (LSCO), exemption for new
- established accounting firm. Financial statements shall be complete and accurate as
- stipulated in the Law on Accounting;
- 9. A business plan at least for the first three years after the approval.
I. Accounting Firm
Conditions for an approval of Accounting Firm
Application documents for an approval of Accounting Firm
- - Regulation on Accounting and Auditing on Securities activities No. 001/LSC, dated 07 April 2015 ( article 11 )
- - Regulation on Accounting and Auditing on Securities activities, No. 001/LSC, dated 07 April 2015 ( article 12 ) as the following:
- 1. An application pursuant to the form of the Lao Securities Commission Office (LSCO);
- 2. A copy of a certified public accountant certificate from the Ministry of Finance;
- 3. Copies of a certificate relating to accounting and other related fields regarding Finance,
- Banking, Business Management, Economics, Marketing, Statistics, Business, Communication,
- Information Management, Code of Ethics and Law (if any);
- 4. A certificate of criminal record not exceeding 3 months;
- 5. A residence certificate;
- 6. A curriculum vitae.
- Obligations after approved by Lao Securities Commission Office (LSCO)
- 1. Reporting
- - Law on Securities No. 21 /NA, dated 10 December 2012 ( article 123 and 125 );
- - Regulation on Reporting No. 373/SECO, dated 24 February 2012 ( part III ).
- 2. Disclosure of Information
- - Law on Securities No. 21/NA, dated 10 December 2012 ( article 124 );
- - Decision on Regulation on Disclosure of Information No. 014 /SEC, dated 19 May 2011 ( part III ).
- 3. Maintenance of Information
- - Law on Securities No. 21/NA, dated 10 December 2012 ( article 126 ).
- Other required report as stipulated by Lao Securities Commission Office (LSCO) in each period.
II. A Certified Public Accountant
Conditions for an approval of a Certified Public Accountant
Application documents for an approval of a Certified Public Accountant