Solutions for the improvement in the quality of the audits of Vietnamese commercial banks’ financial statements
Keywords:
audit quality, audit of banks.
Abstract
The aim of the paper is to propose solutions to improve the quality of the audits of Vietnamese commercial banks’
financial statements
The main measures include improving the risk-based audit approach, the use of audit sampling and of internal
auditors’ work, the quality of audit firms’ human resources. The paper also suggests measures to the government
authorities to improve audit quality control process, strengthening the the co-operation between bank supervisors
and auditors, and improving the legal framework in the field of accounting and auditing