Internal Audit

Internal Audit

• The Company’s internal audit is an independent unit directly subordinated to the Board of Directors. The appointment and dismissal of the Chief Internal Auditor are resolved by the Audit Committee and the Board of Directors. The performance evaluation and compensation of the Chief Internal Auditor are determined by the Chairman in accordance with the Company’s performance appraisal and compensation policies, and are submitted along with those of other managerial personnel to the Remuneration Committee and the Board of Directors for approval.
• In accordance with the annual audit plan approved by the Board of Directors, the internal audit unit conducts audits of various transaction cycles and operational control procedures. The working papers and audit results are compiled into written reports and submitted to the Chairman and members of the Audit Committee. Regular reports are also presented during Audit Committee and Board meetings.
• The Company establishes its internal control system and audit implementation rules in accordance with legal requirements and operational risk considerations. These systems cover all transaction cycles, key management procedures, and subsidiaries.
• To ensure the professionalism and independence of audit operations, the Company’s Chief Internal Auditor holds the Certified Internal Auditor (CIA) credential and continuously participates in professional training to strengthen the effectiveness of internal audit and corporate governance.
• Communication Between Independent Directors, Chief Internal Auditor, and CPAs