Internal Audit Organization
- Internal Audit Organization: The internal audit department of the company is under the jurisdiction of the Board of Directors. Please refer to the organizational chart for details.
- There are a total of 2 individuals in charge of internal audit, including the head of internal audit and audit personnel.
- The company follows the Financial Supervisory Commission FSC Securities and Futures Bureau's guidelines for establishing internal control systems, encompassing both internal control and internal audit systems.
Annual audit plans are developed based on risk assessments, covering key financial activities and control operations such as legal compliance, asset transactions, derivative trading, fund lending, management of endorsements, oversight of subsidiaries, board operations, financial statement preparation, Compensation Committee functioning, and critical transaction cycles like sales and procurement.
The Audit Department annually reviews the company's internal controls as per the audit plan, generating concise reports and follow-ups for scrutiny by independent directors and supervisors. - The Audit Department annually reviews self-assessment reports from each unit and subsidiary, presenting identified internal control deficiencies and improvement measures. This serves as a key basis for the Board of Directors and General Manager to assess the overall effectiveness of the internal control system and issue the internal control system statement.
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The company's Audit Department completed the following online filing operations within the deadlines specified by the Financial Supervisory Commission and Taiwan Stock Exchange：
- Submit the ''Annual Audit Plan'' for the next year by the end of December
- Submit the ''List of Internal Audit Personnel'' by the end of January.
- Submit the 'Execution Status of Audit Plan for the Previous Year' by the end of February.
- Announce the 'Internal Control System Statement' for the previous year by the end of March.
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Submit the 'Improvement Status of Internal Control System Deficiencies and Abnormalities' for the previous year by the end of May.
- Independent directors hold quarterly Audit Committee meetings, communicate important discussions and resolutions to the CEO, and oversee internal audit activities. The internal audit executive reports on audit execution and significant issues, fulfilling tasks assigned by independent directors. No specific recommendations were provided by the independent directors.
- The company's appointed auditors communicate with independent directors in quarterly Audit Committee meetings on financial report audits and legal compliance. No specific recommendations were made by the independent directors.
- Communication Summary：
The communication between independent directors, internal audit executives, and accountants. (includes matters, methods, and results related to the company's financial and business conditions.)：
| Audit Committee Meeting | Communication with Internal Audit Executive | Communication with Accountants |
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The 2nd term 4th Meeting Mar. 3, 2022 |
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The 2nd term 5th Meeting May. 6, 2022 |
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The 2nd term 6th Meeting Aug. 11, 2022 |
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The 2nd term 7th Meeting Nov. 8, 2022 |
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