10 Highlight News of AASC in 2013

Ahead to 2014, we would like to introduce 10 outstanding events of AASC in 2013:

 1. Launching ceremony of AASC and ACG

Le cong bo Thuong hieu Anh 1The celebration of launching ceremony of AASC solemnly held on 17/05/2013 in Hanoi has been successful. Auditing and Accounting Financial Consultancy Services Company Limited (AASC) has rebranded into AASC Auditing Firm and brought AASC's prestige, one of two first established auditing firms in Vietnam, to a new height.

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Along with the announcement of the new name and logo of AASC Auditing Firm, on 17/05/2013, AASC Consulting and Associates Company Limited (ACG) was also launched, aiming to provide clients professional services of financial accounting and tax consultancy…with highest quality.

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2. Received and worked with the world’s top experts in auditing and consulting

With the aim of deeply integrating into global professional services of auditing, accounting, financial consultancy…, AASC Auditing Firm has received and worked with Mr. Rob Tautges, Chairman of HLB International and Mrs. Coco Ke Liu, head of business channel development of HLB International. Both parties have actively shared experiences to develop auditing and accounting profession in Vietnam and other foreign countries. Mr. Rob Tautges pledged to positively support AASC to become a brilliant pioneer of Vietnam Independent Audit profession and narrow the gap with Big 4 auditing firms operating in Vietnam.

Additionally, AASC’s Board of Directors has always paid great interest to human resources of the company, prioritizing the recruitment of staff with extensive experience and deeply practical understanding. In order to provide clients professional services with highest quality, on 26/12/2013, Chairman of the Member Board, General Director Mr. Ngo Duc Doan has worked with and officially appointed Japanese expert, Mr. Toshio Sudoh as a new member in AASC Auditing Firm.

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3. Celebration of 15 years putting AASC building into use (1998-2013)

On 09/08/2013, Board of Management and key leaders of AASC Auditing Firm held a celebration of 15 years putting AASC building into use (1998-2013). This building has been an important factor that actively contributed to the development of AASC Auditing Firm and AASC’s spirit, affirmed AASC prestige and position in Vietnam independent audit profession and increased clients’ trust in the Company. AASC has significantly contributed to the stable growth of AASC independent audit profession and its brand name has expanded all over the country, regionally and globally. 

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4. AASC signed Memorandum of Agreement with Centre for Sciences and Staff Fostering - State Audit of Vietnam 

On 18/06/2013, at the office of Centre for sciences and staff fostering, State Audit of Vietnam, AASC has signed memorandum of agreement with Centre for sciences and staff fostering, State Audit of Vietnam. This memorandum plays a role as the framework for both sides to promote activities to help and support each other to best comply with the Independent Audit Law, the Law on State Audit and contribute to the strong development of the State Audit and Independent Audit profession

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5. Meeting with former leaders of Ministry of Finance

 Following AASC launching ceremony, on the morning of 01/07/2013, Chairman of the Member Board, Board of Management, Party Committee Secretary, Chairman of Trade Union, Youth Union Secretary and representative of the veteran committee of AASC Auditing Firm honorably welcomed and cordially met with former leaders of Ministry of Finance (MoF): Mr. Ho Te, former Finance Minister, Mr. Ly Tai Luan, former Chairman of the National Assembly Committee on Economic and Budgetary Affairs, former Deputy Ministers: Mrs. Pham Thi Mai Cuong, Mr. Pham Van Trong, Mr. Vu Mong Giao, Mr. Nguyen Ngoc Tuan (Chairman of Vietnam Valuation Association at present), Asso. Prof., Dr. Dang Thai Hung - Director of Accounting & Auditing Policy Department and Dr. Pham Huy Doan - former Director of AASC. At the meeting, AASC has expressed sincere thanks to former leaders and hoped to continue receiving their interest and assistance to strongly develop and successfully implement the development strategy of auditing and accounting towards 2020, vision to 2030.

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6. Thailand Ministry of Transport appointed AASC as consultant for national priority project

 On 20/8/2013, in Thailand, Directorate for Roads of Thailand - Ministry of Transport and consulting group including AASC Auditing Firm – HLB member in Vietnam and HLB Thailand successfully held a signing ceremony of consulting agreement for “Greater Mekong sub-region highway expansion project”. This is one of Thailand national priority projects in the aspects of traffic, economics and relations with other countries coordinated by Thailand Ministry of Transport with total capital investment up to $180 million (approximate to VND 3,800 billion) financed by Asian Development Bank (ADB). The appointment has affirmed the recognition of AASC's capacity and experience in the region and internationally. 

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 7. Cordial meeting to celebrate 20 year anniversary of Vietnam Prime Minister’s approval for AASC to rebrand and implement auditing services (06/09/1993 – 06/09/2013)

On the morning of September 14, 2013, in Hanoi, AASC Auditing Firm held a meeting to celebrate 20 year anniversary of Prime Minister’s approval for AASC to rebrand and implement auditing services (06/09/1993 - 06/09/2013). After 2 decades, AASC has not only inherit and promote the company’s core and traditional values but also continuously innovate and enhance service quality and professional knowledge to deeply integrate into global professional services of accounting, auditing, financial consultancy, tax consultancy in conformity with strict Vietnamese and global auditing standards, maintain clients’ and partners’ trust nationally and internationally.

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8. Successfully organized AASC’s Communist Party meeting tenure 2013 – 2015 and Trade Union meeting tenure 2013 – 2018

Anh dai hoi Dang bo 2013-2015 Anh 2From 29th November, 2013 to 30th November, 2013, AASC Auditing Firm successfully held AASC’s Communist Party meeting tenure 2013 – 2015 and Trade Union meeting tenure 2013 – 2018. At the meeting, AASC’s Communist Party Committee has affirmed its role in collaboration with AASC Board of Directors to lead, conduct and successfully implement Communist Party’s resolutions of ministries and localities, AASC Board of Members and bring AASC to a new height, being on a par with Big 4 auditing firms operating in Vietnam and greatly contribute to the stable development of Vietnam independent audit profession.

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9. 2013 Revenue increased approximately 10% compared to that of 2012

On 26/11/2013, AASC Member Board approved the company’s revenue generated from auditing and consulting services in 2013 of approximately VND 131 billion, growing approximately 10% compared to 2012 revenue. That brings AASC to the top leaders of Vietnamese auditing firms and helps AASC to narrow the gap and gradually be on a par with Big 4 auditing firms operating in Vietnam. Additionally, AASC’s contribution to the State Budget has been remarkably increased and the living standards of AASC’s staff and their families have been improved.

AASC revenue in 6 years of transformation to a limited company with more than two members.

                                                                                                                                                   Unit: million VNDAASC revenue in 6  years

10. AASC Auditing Firm and AASC key leaders honorably received prestigious prize of Vietnamese Communist Party and Government

To recognize and praise AASC’s great achievements in 2012 and significant contributions to the Social Republic building and nation protection as well as the strong development of Vietnamese Independent Audit profession and Finance Industry, on 24th June, 2013, 2013,Vietnamese Prime Minister issued Decision no. 982/QĐ-TTg to award AASC Auditing and Accounting Financial Consultancy Services Company Limited (rebranded into AASC Auditing Firm)  the illuminating Flag of the Government for outstandingly completing  business tasks and leading the illuminating movement of Finance Industry in 2012. On 31/10/2013, the State President has signed Decision No. 2055/QD-CTN to award the Second Labor Metal to Mr. Ngo Duc Doan, Chairman of the Member Board, General Director of AASC. On 28/10/2013, the Prime Minister has issued Decision No. 1646/QĐ-Ttg to award merit certificate to Mrs. Pham Thi Thanh Giang, member of the Member Board, Deputy General Director of AASC. On 08/10/2012, the State President issued Decision No. 1546/QĐ-CTN, awarding the Third Labor Metal to Mr. Pham Anh Tuan, manager of AASC Auditing Department No. 1. On 26/09/2012, the Prime Minister issued Decision No. 1411/QĐ-Ttg, awarding Merit Certificate to Mrs. Nguyen Thi Hai Huong, director of AASC branch in Quang Ninh.

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