Communications Between Independent Director, Internal Audit and Accountants

The company’s Audit Committee is made up of three independent directors. The internal audit supervisors and financial statement CPAs assist independent directors in fulfilling their duties and urging the board to engage in more effective operations through the following methods:
  1. Convene a meeting for internal audit supervisors and independent directors at least once every quarter. The communication contents include audit planning, actual audit situations,operational results, and other major matters;
  2. The CPAs should periodically report to the independent directors each year regarding the company and subsidiary’s financial statement checking results and internal system checking findings, regulatory updates, and response recommendations.