Internal Audit Organization
The internal audit unit reports directly to the Board of Directors. The manager of internal audit unit shall be approved by the Board of Directors and briefs the President on a regular and as needed basis. There are 1 auditing supervisor (department manager) and 1 auditor in the Audit Office.
Internal Audit Goals
The internal audit unit assists the Board of Directors and top management to enhance the effectiveness and efficiency of the company’s operations, to assure the company’s profit, performance, and property, to compliance with applicable laws and regulations, and to accomplish for the target achievement.
Internal Audit Implementation
Internal Audit Office is responsible for the examination and assessment of the internal control of the company’s financials, sales, operations and management. All departments and subsidiaries are subject to its audits.
Internal Audit Office also examines the mechanisms and results of self-inspections by each departments and subsidiaries to ensure the quality of implementations. In addition, Internal Audit Office generates and consolidates related inspection reports for the President and Board of Directors to evaluate the overall efficiency of existing internal control systems before generating the Internal Control System Statements.
Internal Audit Schedule
In accordance with Article 11 of the “The Implementation Guidelines for Building Up the Internal Control System of Publicly-listed Companies” promulgated by the Securities and Futures Bureau of Financial Supervisory Commission of the Executive Yuan, the auditing office has been set up under the board of directors.
The auditing office formulates its annual auditing plan in accordance with foregoing handling guidelines and carries out all auditing operations in a cyclical manner for the year to ensure that the company internal control system is proper, reasonable and effective in implementation by various departments.