Statutory Audit Support & Coordination
Seamless Compliance through Strategic Partnership
The "One-Stop" Value Proposition
One Strategic Partner. Two Independent Layers of Compliance
Streamline your Annual Statutory Audit with Indochina Link Vietnam (ICLV) and our licensed audit partner, IAV.
For Foreign Direct Investment (FDI) enterprises in Vietnam, the Annual Statutory Audit is not just a requirement—it is the ultimate validation of your business health. However, managing separate bookkeepers and auditors often leads to miscommunication, delays, and friction.
Indochina Link Vietnam (ICLV) solves this by acting as your Audit Coordinator. Through our strategic alliance with IAV (International Auditing and Valuation Company Ltd), a top-tier licensed auditing firm, we provide a synchronized “One-Stop” experience that saves you time while strictly adhering to Vietnamese independence regulations.
Why Choose Our Coordinated Model?
Seamless Data Handoff
As your accountants, ICLV prepares your financial statements to be “Audit-Ready” from Day 1. We speak the same technical language as the auditors.
Reduced Administrative Burden
You don’t need to answer the same question twice. We handle the technical Q&A with the audit team, letting you focus on business.
Advanced Technology & Security
We coordinate the timeline, document collection, and finalization reviews, ensuring you meet the 90-day deadline without stress.
Important: Our Independence & Compliance Guarantee
Transparent. Legal. Ethical
The “Independence” Rule (Article 25, Decree 17/2012/ND-CP): In Vietnam, the law strictly prohibits the same firm from providing both bookkeeping and auditing services to the same client to prevent conflicts of interest.
How We Comply: We respect the law by maintaining a clear separation of duties:
-
ICLV (The Builder): We prepare the Financial Statements and manage tax compliance.
-
IAV (The Inspector): IAV performs the independent Statutory Audit and issues the Audit Opinion.
This structure gives you the convenience of a single point of contact while ensuring your Audit Report is legally valid and objectively verified.
Meet Our Audit Partner
Le Anh Tien
Audit Partner | CPA | IAV (Ho Chi Minh Branch)
Nguyen Ngoc Tan | David Nguyen is the Managing Partner of ICLV and a Ministry of Finance licensed Certified Public Auditor (License #3868/KTV on 27/05/2017). David specializes in high-stakes financial due diligence and manufacturing setup, drawing on nearly 14 years of experience and a portfolio of over 100+ FDI cases.
Lam Phuoc Thiet | Ken
Audit Partner | MBA, CPA | IAV (Ho Chi Minh Branch)
With extensive experience at Deloitte and IAV, Ken leads the audit practice that ICLV trusts. Holding a Certified Public Accountant (CPA) license, Ken specializes in Statutory Audits for manufacturing, trading, and service-based FDI enterprises.
The Coordinated Audit Workflow
From “Bookkeeping” to “Signed Report” in 3 Steps
Step 1: The “Audit-Ready” Preparation (Managed by ICLV) Before the audit season begins, ICLV reviews your General Ledger, reconciles intercompany balances, and organizes all supporting e-invoices. We identify potential risks before the auditors arrive.
Step 2: The Independent Audit (Performed by IAV) IAV’s team conducts the fieldwork, verifies assets, and tests internal controls. Because ICLV has pre-organized the data, this phase is faster and less intrusive to your daily operations.
Step 3: The Unified Defense & Finalization When the auditors have questions, ICLV answers them. We explain the accounting treatment and defend your tax positions. Once cleared, IAV issues the Audited Financial Statements, ready for submission to the Tax Authority and DPI.
Frequently Asked Questions
1. If we engage ICLV, are we technically engaging IAV?
You will sign two separate engagement letters: one with ICLV for accounting/advisory and one with IAV for the audit. This is a legal requirement to protect your company’s independence status.
2. Can I use my own auditor instead of IAV?
Absolutely. While we highly recommend IAV for their seamless workflow with our team, ICLV is happy to support and coordinate with any licensed auditing firm you choose.
3. What is the deadline for the Annual Audit in Vietnam?
Audited Financial Statements must be submitted within 90 days from the end of the fiscal year (usually by March 31st). Our coordinated schedule ensures you never miss this deadline.