The Government has promulgated the Decree No. 05/2019/ND-CP on internal audits with the main point as follows:
Units subject to internal audit requirements as followings: the State regulatory authorities, the State-owned public service units and Enterprises.
In which, enterprises that have to perform the internal audit shall include the followings:
Enterprises may hire independent audit bodies legally accredited to render their audit services. However, basic internal audit principles and Requirements for assuring compliance with fundamental principles of internal audit must be observed.
The Decree No. 05/2019/ND-CP effected on April 01, 2019. Within duration of 24 months from the entry into force of this Decree, units subject to internal audit requirements must complete tasks necessary for performing internal audit activities in accordance with this Decree.
This Decree also provides some contents as follows:
Detail information, please refer here.