Audit organization
Audit organization
I. Internal Audit Organization
Our internal audit is responsible for assisting the board of directors and management in examining and reviewing deficiencies in the internal control system and measuring operational effectiveness and efficiency, and providing timely improvement suggestions to ensure the continued effective implementation of the internal control system and as a basis for reviewing and revising the internal control system.
The company's audit department is an independent unit, reporting to the board of directors, and has one audit director. The appointment and removal of the internal audit director must be approved by the audit committee and submitted to the board of directors for resolution.
II. Internal Audit Operations
Audit Scope: Includes auditing the design and execution effectiveness of internal control systems at the enterprise and operational levels, as well as reviewing the self-inspections of internal controls by each department and subsidiary.
2. Audit Subject: Includes all departments of our company and subsidiaries.
III. Audit Purpose: To assist the Board of Directors and managers in examining and reviewing deficiencies in the internal control system and measuring the effectiveness and efficiency of operations, and to provide timely improvement suggestions to ensure the continued effective implementation of the internal control system and to serve as a basis for reviewing and revising the internal control system.
4. Audit Method:
1. The Audit Office shall formulate an annual audit plan in accordance with relevant regulations and obtain approval from the Board of Directors. Based on this plan, the Audit Office shall conduct audits of various operational items, propose improvement suggestions, and follow up on subsequent matters. The audit report shall be delivered to each independent director for review by the end of the following month, and the implementation status shall be reported to the Audit Committee and the Board of Directors. Through the implementation of the audit work, the Board of Directors and management shall be assisted in fulfilling their internal control and risk management responsibilities.
2. The audit process should adhere to the principles of objectivity, impartiality, and independence, and exercise due professional care.
