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NameProfessional Indemnity Insurance
DescriptionAudit firms must take out professional indemnity insurance to cover any damages they may have caused when performing their professional engagements and shall provide annually a copy of their insurance agreement and policy to the Ministry of Finance and the Lao Chamber of Professional Accountants and Auditors.
Comments-
Validity From22-07-2014
Validity To31-12-9999
ReferenceArticle 31
StatusActive
Measure TypeAdministrative Requirements
Agency NameMinistry of Finance
Legal DocumentLaw on Independent Audit No. 51/NA, dated 22 July 2014
This measure applies to Service