Construction Investment Audit Services – Protecting Investors Against Financial & Legal Risks

In an increasingly demanding investment environment regarding capital efficiency, financial transparency, and regulatory compliance, choosing an independent auditing firm with extensive experience is a strategic solution that helps investors and contractors:

• Control risks right from the project implementation stage;

• Optimize costs and settlement documents;

• Prevent tax arrears, disputes, or post-audit adjustments by authorities.

Audit of Completed Construction Investment Costs (Final Settlement Audit)

Applicable to: Projects using state capital, ODA, FDI, PPP, or equity.

Objectives:

• Determine the legality, reasonableness, and compliance of all investment costs.

• Enhance transparency in capital use for approval by competent authorities, shareholders, or banks.

Scope:

• Review all legal, payment, completion, volume, unit price, and norm documents.

• Compare actual construction with designs, estimates, and contract addenda.

• Assess application of unit prices, norms, indirect and contingency costs.

Deliverables:

• Audit report with specific opinions: Accepted – Adjusted – Disallowed costs.

• Detailed working minutes with all stakeholders (PMU, contractors, consultants).

Periodic Review During Construction

Applicable to: Large-scale, long-term, or multi-source funded projects.

Objectives:

• Control cash flows and incurred costs periodically;

• Detect errors and deviations early;

• Minimize adjustments after completion.

Scope:

• Review payment vouchers, acceptance volumes, design changes, contract addenda;

• Analyze consistency between incurred costs and actual progress;

• Evaluate document storage and internal processes.

Key Benefits:

• Early warnings of risks leading to disallowed costs, tax arrears, or delayed settlements;

• Support investors and contractors in preparing compliant records from the start.

Consulting on Accounting Systems & Documentation for Audit/Inspection

Objectives: Help enterprises and project management units build a strong accounting–financial system to:

• Properly reflect construction transactions;

• Ensure cooperation among accounting, technical, legal, and contractor teams;

• Serve internal, state, and independent audits effectively.

Scope of Support:

• Develop payment approval procedures and cash-flow charts;

• Advise on organizing, standardizing, and storing contracts, acceptance, payments, completions, site diaries;

• Provide management templates: cost allocation tables, journals, settlement summaries.

Benefits:

• Clear, logical, auditable documents for authorities;

• Optimized internal management and readiness for audits.

Viet Uc Auditing is honored to be listed among the 31 auditing firms authorized for public-interest entities in 2025.

Contact our hotline: 0848770777 for free consultation.

Viet Australia
Viet Australia Auditing Company is an independent auditing organization licensed and established in 2007 in the Socialist Republic of Vietnam.