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Strengthen supervision of listed companies

Illustration. (Photo: glasslewis.com)

On April 1, the Ministry of Finance sent a document to the State Securities Commission, the Accounting and Auditing Supervision Management Department, and the Ministry Inspector, requesting to strengthen inspection and supervision of the implementation of regulations of the Ministry of Finance. law in auditing listed companies.

According to the Ministry of Finance, the annual audit of financial statements is mandatory for listed companies and public companies, in order to help businesses standardize and transparent financial information, serve the interests of the public. interests of businesses and investors.

In case serious violations are detected, promptly transfer them to the police for handling according to regulations.

In the past time, there is a situation that the financial statements of a number of listed companies, public companies… are full of errors, even in some cases where the audit firm’s opinion has been accepted in its entirety. maths.

The Ministry of Finance assigned the State Securities Commission to strengthen supervision of the operation and financial situation of listed enterprises and public companies, and promptly warn investors when there are major fluctuations in the financial situation. financial performance and business results of the enterprise.

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