Can a limited liability company have 2 chief accountants at the same time? If so, in this case who decides to appoint? The chief accountant of a limited liability company is required to have a university degree in accounting or higher, right?

1. Can a limited liability company have 2 chief accountants at the same time?

Can a limited liability company have 2 chief accountants at the same time? According to Article 53 of the 2015 Accounting Law, it is stipulated as follows:

Chief Accountant

1. The chief accountant is the head of the unit’s accounting apparatus, responsible for organizing and carrying out accounting work in the accounting unit.

2. Chief accountants of state agencies, organizations, public service units using the state budget and enterprises in which the State holds more than 50% of charter capital, in addition to the duties specified in Clause 1 of this Article, are also responsible for helping the legal representative of the accounting unit monitor finances at the accounting unit.

3. The chief accountant is under the leadership of the legal representative of the accounting unit; In case there is a superior accounting unit, it is also subject to the direction and inspection of the chief accountant of the superior accounting unit in terms of expertise and operations.

4. In case the accounting unit appoints a person in charge of accounting to replace the chief accountant, the person in charge of accounting must meet the standards and conditions specified in Clause 1, Article 54 of this Law and must exercise the responsibilities and rights prescribed for the chief accountant specified in Article 55 of this Law.

According to the above regulations, the chief accountant is the head of the unit’s accounting apparatus and is responsible for organizing the implementation of accounting work in the accounting unit. accounting.

Accordingly, the head is one person and cannot be many people, so the company cannot have 2 chief accountants.

2. Is the chief accountant of a limited liability company required to have a university degree in accounting or higher?

The chief accountant of a limited liability company is required to have a university degree in accounting or higher, right? Based on Article 54 of the 2015 Accounting Law, as follows:

Standards and conditions of chief accountant

1. The chief accountant must have the following standards and conditions:

a) The standards specified in Clause 1, Article 51 of this Law;

b) Have accounting expertise and skills at intermediate level or higher;

c) Have a chief accountant training certificate;

d) Have working hours Actual work in accounting is at least 02 years for people with accounting expertise and skills at university level or higher and practical work time in accounting is at least 03 years for people with expertise and skills in accounting at intermediate or college level.

2. The Government specifically regulates the standards and conditions of chief accountants suitable for each type of accounting unit.

Accordingly, chief accountants of limited liability companies are required to have accounting expertise and skills at intermediate level or higher and must meet other standards and conditions mentioned above.

3. What are the responsibilities and rights of the chief accountant of a limited liability company?

The chief accountant of a limited liability company has the responsibilities and rights specified in Article 55 of the 2015 Accounting Law as follows:

(1) The chief accountant has the following responsibilities:

– Implement the provisions of law on accounting and finance in the accounting unit;

– Organize and operate the accounting apparatus according to the provisions of this Law;

– Prepare financial reports in compliance with accounting regimes and accounting standards.

(2) Chief accountant has the right to independence in terms of expertise and accounting operations.

(3) Chief accountant of the state agency Countries, organizations, public service units using the state budget and enterprises in which the State holds more than 50% of charter capital, in addition to the rights specified in Clause 2 of this Article, also have the following rights:

– Have written opinions with the legal representative of the accounting unit on the recruitment, transfer, salary increase, reward, and discipline of accountants, storekeepers, and keeper fund;

– Require relevant departments in the accounting unit to provide complete and timely documents related to the chief accountant’s accounting work and financial supervision;

– Reserve professional opinions in writing when opinions differ from those of the decision maker;

– Report in writing to the legal representative of the accounting unit when detecting violations of financial and accounting laws in the unit; In case you still have to comply with the decision, you must report to the immediate superior of the person who made the decision or the competent state authority and will not be responsible for the consequences of implementing that decision.