COMMUNICATION
  1. Home
  2. Corporate Governance
  3. Communication Between Independent Directors, CPAs, and Chief Internal Auditor
COMMUNICATION
Communication Between Independent Directors, CPAs, and Chief Internal Auditor
Communication Practices between Independent Directors and Internal Audit Management.

1. Communication Protocol with External Auditors

 

The Independent Directors and the Audit Committee maintain a robust communication channel with the company’s external auditors. At minimum, a formal meeting is held once a year. During these sessions, the auditors report on the company’s financial standing, the financial and operational status of domestic and overseas subsidiaries, and the results of internal control audits.

Furthermore, the auditors engage in comprehensive discussions regarding significant adjusting entries, the impact of recent regulatory amendments on financial reporting, and the overall audit planning. In the event of material anomalies, ad-hoc meetings may be convened immediately to ensure timely addressing of the issues.

2. Communication Protocol with Internal Audit Management

Monthly
The Chief Internal Auditor submits monthly audit reports via email to the Audit Committee , detailing the audit findings and the status of follow-up on remedial actions from the preceding month. Upon reviewing these reports, should the Audit Committee members (Supervisors) have any inquiries or specific instructions, they may communicate with the Chief Internal Auditor through various channels, including telephone, fax, or email, to ensure thorough oversight and timely implementation of improvements.

Quarterly
Communication between the Chief Internal Auditor and Audit Committee The Chief Internal Auditor holds regular meetings with Independent Directors and the Audit Committee at least once every quarter to report on the status of internal audit execution and the operations of internal controls. In the event of significant irregularities, meetings may be convened at any time.

Summary of Individual Communications between Independent Directors, Internal Audit Supervisor, and CPAs:
Date Communication Outcome and Advice
2025/03/28
  1. Matters Communicated by the Auditor with the Company’s Governance Units and Management.
  2. Report by the Head of Internal Audit on the Results of the 2024 Internal Control Review.
  3. Briefing by the Head of Internal Audit on the Proposed Execution Plan for the 2025 Audit Program.
 No Objections
Summary of Communications between Independent Directors and Internal Audit Supervisor:
Date Communication
2025/03/28
  1. Audit Reports for the Period from October 2024 to February 2025
  2. Results of the 2024 Self-Inspection
2025/05/14
  1. Audit Report for March 2025
2025/08/14
  1. Audit Reports for the Period from April to July 2025
  2. Revisions to the Company’s Internal Control System and Internal Audit System
2025/11/14
  1. Audit Reports for the Period from August to September 2025
  2. Audit Plan for Fiscal Year 2026
Summary of Communications between Independent Directors and Accountants:
Date Communication
2025/03/28
  1. The CPA’s overview of the audit results of the Company’s separate and consolidated financial statements for 2024
  2. Discussion and communication by the CPA regarding questions raised by attendees
2025/05/14
  1. CPA's overview of the audit results for the first quarter of 2025 consolidated financial statements
  2. Discussion and communication by the CPA regarding questions raised by attendees
2025/08/14
  1. CPA's overview of the audit results for the second quarter of 2025 consolidated financial statements
  2. Discussion and communication by the CPA regarding questions raised by attendees
2025/11/14
  1. CPA's overview of the audit results for the third quarter of 2025 consolidated financial statements
  2. Discussion and communication by the CPA regarding questions raised by attendees