Investors Relations

Responsibilities of the Audit Office
  • Responsibilities of the Audit Office
  • The Audit Office investigates/evaluates defects of internal control systems, evaluates operational efficiency, and provides suggestions for improvements when needed in order to ensure the effective execution of internal control systems and to assist the Board, as well as management officials, to carry out their responsibilities.
    The Audit Office is under the supervision of the Board and is staffed by a single person who conducts internal audits independently and performs regular as well as unscheduled business audits/financial audits so as to accurately evaluate the soundness/ rationality/effectiveness of internal controls.

    The Audit Office is under the supervision of the Board and is staffed by a single person who conducts internal audits independently and performs regular as well as random business audit/financial audits so as to accurately evaluate the soundness/ rationality/effectiveness of internal controls.
  • Annual Audit Plan
  • The Audit Office will devise an annual audit plan and perform the following tasks related to the annual operations cycle to assess the soundness/rationality of the internal control systems and the effectiveness of execution by various departments.
  • 1. The Sales and Collection Cycle
    2. The Procurement and Payments Cycle
    3. The Production Cycle
    4. The Personnel Services Cycle
    5. The Financing Cycle
    6. The Investing Cycle
    7. The Computers Cycle
    8. The Fixed Assets Cycle
    9. The R&D Cycle