HomeInternal Audit
1. Basis
The Company's "Internal Control System" and "Internal Audit Implementation Rules" are in accordance with the "Guidelines for the Establishment of Internal Control Systems for Public Companies" issued by the Financial Supervisory Commission, Executive Yuan.
2. Purpose of Internal Audit
Assist the Board of Directors and management in examining and reviewing deficiencies in the internal control system and measuring the effectiveness and efficiency of operations, and provide timely improvement suggestions to ensure the continued effective implementation of the internal control system and serve as a basis for reviewing and revising the internal control system.
3. Internal Audit Organization and Configuration
1. The Company's Internal Audit Department reports directly to the Board of Directors and shall be staffed with qualified and appropriate full-time internal audit personnel and appointed as deputies, in accordance with the Company's size, business conditions, management needs, and other relevant laws and regulations.
2. The appointment and removal of the head of internal audit must be approved by the board of directors.
4. Responsibilities of the Internal Audit Department
1. Supervise the promotion, formulation, revision and implementation of the company's internal control and internal audit systems.
2. Based on the risk assessment results, formulate an annual audit plan, including the scope and items to be audited each year, and prepare an audit report with working papers and related materials.
3. Any deficiencies and anomalies in the internal control system discovered during the audit shall be disclosed truthfully in an audit report and followed up after the report is reviewed. Follow-up reports shall be prepared at least quarterly until improvements are made to ensure that the audited units have taken appropriate corrective measures in a timely manner.
4. After review, the audit report and follow-up report must be submitted to the respective supervisors for review by the end of the month following the completion of the audit project. If any major violations are discovered or if there is a risk of significant damage to the company, a report must be prepared and reviewed immediately, and the supervisors must be notified.
5. Review the self-inspection reports of the internal control systems of the Company and its subsidiaries to serve as a basis for the Board of Directors and management to evaluate the rationality and effectiveness of the overall internal control system and to issue a statement on the internal control system.
6. Annually, complete the following information filings and records in accordance with the format prescribed by the competent authority through the Internet information system:
(1) Submit the “Roster of Internal Auditors”, “Roster of Internal Auditors’ Deputies” and training materials for the current year before the end of January.
(2) Report the “Annual Audit Plan Implementation Status” of the previous year before the end of February.
(3) Submit the “Internal Control System Statement” for the previous year before the end of March.
(4) Report the “Improvement Status of Internal Control System Deficiencies and Abnormal Events” of the previous year before the end of May.
