Circular 66/2020/TT-BTC, dated July 10, 2020, provides a sample internal audit charter applicable to enterprises.
This circular serves as a guideline for enterprises when developing their own internal audit charters, providing a reference framework that includes:
- The internal audit charter of an enterprise must include at minimum the contents specified in Clause 1, Article 12 of Decree 05/2019/ND-CP, such as: objectives, scope of activities, position, duties, powers, and responsibilities of the internal audit function within the organization, and its relationship with other departments. It also includes requirements for independence, objectivity, fundamental principles, professional qualifications, quality assurance of internal audit, and other related matters.
- Organizations are advised to reference the sample charter in the appendix of this circular when building their own internal audit charter, ensuring alignment with Decree 05/2019/ND-CP (dated January 22, 2019), applicable laws, and their specific organizational structure and operations.
