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 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. |
A list of reported items for 2022 is summarized below:
Date | Communication Method (Audit Committee Term-Sitting) |
Report Highlight | Communication Results | The Corporation's Responses to Independent Director Opinions |
---|---|---|---|---|
2022/2/23 | Audit Committee (9-21) |
2021 Q4 audit office project implementation report | Acknowledged by all Audit Committee members in attendance. | No objections from independent directors. |
2022/5/4 | Audit Committee (9-24) |
2022 Q1 audit office project implementation report | Acknowledged by all Audit Committee members in attendance. | No objections from independent directors. |
2022/8/3 | Audit Committee (9-27) |
2022 Q2 audit office project implementation report | Acknowledged by all Audit Committee members in attendance. | No objections from independent directors. |
2022/10/7 | Audit report (Independent report made by chief internal auditor to independent directors) | Audit plans for 2022 | Acknowledged by independent directors. | No objections from independent directors. |
2022/10/12 | Audit Committee (9-29) |
Formulation of 2022 audit report for auditing office | Approved after discussion by all Audit Committee members in attendance. | No objections from independent directors. |
2022/11/2 | Audit Committee (9-30) |
2022 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 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) |
|
Approved after discussion by all Audit Committee members in attendance. | No objections from independent directors. |
2023/5/8 | Audit Committee (9-36) |
|
Approved after discussion by all Audit Committee members in attendance. | No objections from independent directors. |
2023/8/8 | Audit Committee (10-3) |
|
Approved after discussion by all Audit Committee members in attendance. | No objections from independent directors. |
2023/11/7 | Audit Committee (10-6) |
|
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) |
|
Acknowledged by independent directors. | No objections from independent directors. |
A list of reported items for 2022 is summarized below:
Date | Communication Method (Audit Committee Term-Sitting) |
Report Highlight | Communication Results | The Corporation's Responses to Independent Director Opinions |
---|---|---|---|---|
2022/2/23 | Audit Committee (9-21) |
|
Approved after discussion by all Audit Committee members in attendance. | No objections from independent directors. |
2022/5/4 | Audit Committee (9-24) |
|
Approved after discussion by all Audit Committee members in attendance. | No objections from independent directors. |
2022/8/3 | Audit Committee (9-27) |
|
Approved after discussion by all Audit Committee members in attendance. | No objections from independent directors. |
2022/11/2 | Audit Committee (9-30) |
|
Approved after discussion by all Audit Committee members in attendance. | No objections from independent directors. |
2022/11/2 | CPA audit report Independent report made by CPAs to independent directors) |
|
Acknowledged by independent directors. | No objections from independent directors. |