Phison enforces the principle of ethical management in accordance with
“Regulations Governing Establishment of Internal Control Systems by Public
Companies” and other relevant laws or regulations. The auditing office, which
reports to the board of directors, mainly assists the board and managers to
examine and review weakness of internal controls, to measure the effectiveness
and efficiency of operation. The auditing office also provides recommendations
on improvements in a timely manner to ensure the continued and effective
execution of the internal control system.
Internal Control Process
According to risk assessment
result dart on annual audit
plan, and implement it with
the board of directors’
Appropriate audit process factually reports any flaws and abnormal items found in internal control process.
After the audit report submitted, every supervisors and independent director review the competed audit project.
Track the internal control system flaws and abnormal items, and make a tracking report quarterly, until they have been improved.