goldennet

ITE's Internal Audit is an independent unit and reports directly to the Board of Directors. It is mainly responsible for inspecting and evaluating the effectiveness of the internal control system, measuring the effectiveness and efficiency of operations, the reliability of financial reporting and compliance with relevant laws, and providing timely improvement suggestions. To ensure the continuous and effective implementation of various systems. nternal auditor(s) conducts audits according to annual audit plan. Internal Audit prepares annual audit plan based on the result of risk assessment and submits the plan to the Board of Directors for approval. Audit reports which identify deficiencies of the internal control system and contain recommendations for improvements are periodically submitted to, and reviewed by, the Audit Committee and the Board of Directors.
The appointment of the audit supervisor must be approved by the Audit Committee and submitted to the Board of Directors for resolution. The evaluation and remuneration of the audit supervisor shall be approved by the Chairperson of the Board of Directors.