TOP
Corporate Governance

Communication status between independent directors, chief internal auditor, and certified public accountants(CPAs)

Policy for Communication between independent directors, chief internal auditor, and certified public accountants：

  • THSRC's chief internal auditor periodically present internal audit reports to the Audit Committee and fully communicate status of audit implementation, follow-up of improvements to errors, and implementation results. Chief internal auditor not only periodically provide independent directors with written audit reports, but also present business reports based on suggestions from independent directors.
  • CPAs periodically present annual and quarterly audits of financial reports and audit reports to the Audit Committee, and also communicate other matters according to relevant laws.
  • Individual meetings between independent directors, chief internal auditor, and CPAs are convened regularly each year. Chief internal auditor and CPAs respectively make independent reports to the independent directors regarding audit items, annual plans, financial reports, and details of annual audit plans.
  • The aforementioned chief internal auditor and CPAs directly communicate with independent directors via email, phone, or face-to-face meetings as necessary; periodically review the Corporation's financial and business conditions according to regulations; and directly communicate with management and governance units.

The independent directors communicated well with chief internal auditor. The list of reported items are summarized below：

A list of reported items for 2024 is summarized below：
Date Communication Method
(Audit Committee Term-Sitting)		 Report Highlight Communication Results The Corporation's Responses to
Independent Director Opinions
2024/2/19 Audit Committee
(10-9)		 2023 Q4 audit office project implementation report Acknowledged by all Audit Committee members in attendance. No objections from independent directors.
2024/3/11 Audit Committee
(10-10)		 2024 Jan and Feb audit office project implementation report Acknowledged by all Audit Committee members in attendance. No objections from independent directors.
2024/5/6 Audit Committee
(10-13)		 2024 Q1 audit office project implementation report Acknowledged by all Audit Committee members in attendance. No objections from independent directors.
2024/8/5 Audit Committee
(10-16)		 2024 Q2 audit office project implementation report Acknowledged by independent directors. No objections from independent directors.
2024/10/8 Audit report (Independent report made by chief internal auditor to independent directors) Audit plans for 2024 Acknowledged by independent directors. No objections from independent directors.
2024/10/8 Audit Committee
(10-18)		 Formulation of 2024 audit report for auditing office Approved after discussion by all Audit Committee members in attendance. The Audit Office has revised the contents of the proposal based on the opinions of the independent directors.
2024/11/4 Audit Committee
(10-19)		 In order to authorize the company's year 2025 annual project audit  Acknowledged by all Audit Committee members in attendance. The Audit Office has revised the contents of the proposal based on the opinions of the independent directors.
A list of reported items for 2023 is summarized below：
Date Communication Method
(Audit Committee Term-Sitting)		 Report Highlight Communication Results The Corporation's Responses to
Independent Director Opinions
2023/2/20 Audit Committee
(9-33)		 2022 Q4 audit office project implementation report Acknowledged by all Audit Committee members in attendance. No objections from independent directors.
2023/5/8 Audit Committee
(9-36)		 2023 Q1 audit office project implementation report Acknowledged by all Audit Committee members in attendance. No objections from independent directors.
2023/8/8 Audit Committee
(10-3)		 2023 Q2 audit office project implementation report Acknowledged by all Audit Committee members in attendance. No objections from independent directors.
2023/10/17 Audit report (Independent report made by chief internal auditor to independent directors) Audit plans for 2023 Acknowledged by independent directors. No objections from independent directors.
2023/10/17 Audit Committee
(10-4)		 Formulation of 2023 audit report for auditing office Approved after discussion by all Audit Committee members in attendance. No objections from independent directors.
2023/11/7 Audit Committee
(10-6)		 2023 Q3 audit office project implementation report Acknowledged by all Audit Committee members in attendance. No objections from independent directors.

The independent directors communicated well with CPAs. The list of reported items are summarized below：

A list of reported items for 2024 is summarized below：
Date Communication Method
(Audit Committee Term-Sitting)		 Report Highlight Communication Results The Corporation's Responses to
Independent Director Opinions
2024/2/19 Audit Committee
(10-9)
  1. The conclusion of CPAs' Independent Auditors' Report on 2023 financial report
  2. Independence Statement
  3. Key audit items
  4. New disclosure items in 2023 financial report
 Approved after discussion by all Audit Committee members in attendance. No objections from independent directors.
2024/5/6 Audit Committee
(10-13)
  1. The conclusion of CPAs' Independent Auditors' Review Report on 2024 Q1 financial report
  2. Independence Statement
 Approved after discussion by all Audit Committee members in attendance. No objections from independent directors.
2024/8/5 Audit Committee
(10-16)
  1. The conclusion of CPAs' Independent Auditors' Review Report on 2024 Q2 financial report
  2. Independence Statement
 Approved after discussion by all Audit Committee members in attendance. No objections from independent directors.
2024/11/4 Audit Committee
(10-19)
  1. 2024 Q3 financial report
  2. Independence Statement
 Approved after discussion by all Audit Committee members in attendance. No objections from independent directors.
2024/11/4 CPA audit report
Independent report made by CPAs to independent directors)
  1. Report of audits on financial statements and audit plans
  2. Annual audit financial reports
 Acknowledged by independent directors. No objections from independent directors.
A list of reported items for 2023 is summarized below：
Date Communication Method
(Audit Committee Term-Sitting)		 Report Highlight Communication Results The Corporation's Responses to
Independent Director Opinions
2023/2/20 Audit Committee
(9-33)
  1. The conclusion of CPAs' Independent Auditors' Report on 2022 financial report
  2. Independence Statement
  3. Key audit items
  4. New disclosure items in 2022 financial report
 Approved after discussion by all Audit Committee members in attendance. No objections from independent directors.
2023/5/8 Audit Committee
(9-36)
  1. The conclusion of CPAs' Independent Auditors' Review Report on 2023 Q1 financial report
  2. Independence Statement
 Approved after discussion by all Audit Committee members in attendance. No objections from independent directors.
2023/8/8 Audit Committee
(10-3)
  1. The conclusion of CPAs' Independent Auditors' Review Report on 2023 Q2 financial report
  2. Independence Statement
 Approved after discussion by all Audit Committee members in attendance. No objections from independent directors.
2023/11/7 Audit Committee
(10-6)
  1. 2023 Q3 financial report
  2. Independence Statement
  3. Explanation of new disclosures in 2023 Q3 financial report
  4. Audit plans and key audit items for 2023 financial reports
 Approved after discussion by all Audit Committee members in attendance. No objections from independent directors.
2023/11/7 CPA audit report
Independent report made by CPAs to independent directors)
  1. Report of audits on financial statements and audit plans
 Acknowledged by independent directors. No objections from independent directors.