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AUDIT OF SETTLEMENT REPORTS OF COMPLETED PROJECTS

The purpose of Audit the report on finalization of the completed project

Audit of finalization of construction capital’s purposes are increasing the users’ reliability for the audited finalization report and making the basis for the approval of Finalization of Construction Capital Report, via the apinion of the Auditor and Audit firm, considering whether the project implementation process, on material aspects, complies with the regulations on investment and construction management and whether the report give a true and fair view of finalization position at reporting date in accordance with accounting standards, accounting system and legal regulations related to preparation and presentation of Finalization of Construction Capial Audit report.

Our Core Competencies

As you may know, construction is a very complex operation which often takes place during long time with a great value. Management must comply with the current regulations of the State on Investment and Construction Management. Meanwhile, there are many guidance documents for legal regulations in this field and they change constantly. This has caused many difficulties in updating and applying the latest regulations and risks for business, management boards in compliance with the regulations of the State.

Providing audit of finalization of construction capital services is always a strength of AFA. AFA's audit process and procedures are designed and applied on the basis of a deep understanding of the regulations of the State on Investment and Construction Management.

The most important factor in our success is human resources. With the qualified, professional team of leaders always aware of professional ethics, having high ability to get insight of the problem, and customers' needs understanding, and with well-trained staff who have been thoroughly recruited and screened and are capable with many years experience which is continuously accumulated, improved and regularly trained through the training programs of the Ministry of Finance, international organizations and internal training, we will surely meet all the customers’ expectation by continuously innovating and improving services.

With a team of staffs that is well-selected, well-screened, highly qualified and has experiences constantly accumulated through professional training programs, international organisations and internal training. Our team always keeps up to date with the new guidelines on prevailing regulations about capital construction investment management.

With the motto "Always accompany the business", we are committed to provide high quality and prestigious services to our customers.

Our service

We have performed the audit of the report on finalization of the completed project as follows:

- Examining and assessing the legality of the investment and compliance of the investment and construction procedures with the current regulations of the State;

- Examining the total capital of construction, annual capital distribution over construction periods, total incurred capital for construction and annual incurred capital;

- Examining finalization value of installation of construction item and total construction work;

- Examining finalization value of materials and equipment;

- Examining finalization value of investment consultancy expense, other expenses and the distribution of these expenses to construction items;

- Examining construction finalization report and finalization documents.

Date Submitted: 04/12/2017 View: 31.488 Print the article
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ECOVIS AFA VIETNAM AUDITING - APRAISAL AND CONSULTING CO., LTD
Address: 142, Xo Viet Nghe Tinh Street, Hoa Cuong Nam Ward, Hai Chau District, Da Nang City, Viet Nam
Tel: +84.236.363.3333 Ext: 201 - Email: info@ecovis.com.vn
Website: http://www.afac.com.vn; Web: https://www.ecovis.com/vietnam/audit
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