Internal Audit Organization and Operations
Internal Audit Organization and Operation
Explain the organizational positioning, personnel configuration, and main operational mechanisms of the company's internal audit.
Internal Audit Positioning
The internal audit of our company is an independent unit that reports directly to the board of directors.
1. Organization of Internal Audit
01
independent unit
The internal audit of our company is an independent unit directly under the board of directors.
02
Audit Supervisor
Currently, there is one audit supervisor, whose appointment and removal are approved by the board of directors.
03
Evaluation and compensation
The evaluation and compensation of the audit unit are handled according to the internal management regulations of the company.
04
Professional qualifications and continuing education
The qualifications of the audit unit personnel meet the legal eligibility requirements and continue to pursue professional knowledge through annual continuing education.
2. The operation of internal audit
01
Independent and objective execution
Internal audit personnel uphold a spirit of impartial independence and execute their duties from an objective and fair standpoint.
02
Annual audit plan and inspection
The audit department formulates the annual audit plan based on relevant laws and regulations as well as risk assessments, and executes various audit operations according to the plan. The audit results are compiled into an audit report for approval, ensuring that the design of the internal control system is effectively implemented; the scope of the audit includes all units and subsidiaries of the company.
03
Internal control self-assessment review
The audit department reviews the self-assessment results of the internal control systems implemented by each department, along with the audit results of various audit operations, as the basis for the board of directors and management to issue the internal control declaration.