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Article 19
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When the TWSE audits the internal control system of a TWSE primary listed company or a TIB primary listed company, in addition to auditing one or more audit items selected from the annual audit plan formulated by the audited company, the following matters will also be listed as required audit items:
- The acquisition or disposal of assets.
- Derivatives trading.
- Loans of funds to others.
- Provision of endorsements or guarantees for others.
- The state of operation of the board of directors.
- Management of the operations of the remuneration committee.
- Management of application of the International Financial Reporting Standards.
- Procedures for professional accounting judgments and procedures for making changes in accounting policies and estimates.
- Such other audit items as the competent authority or the TWSE may deem necessary.
An audited company shall submit the following documents within the time limit designated by the TWSE:
- Internal Control System Statements for the most recent three fiscal years.
- The internal audit plan and the self-evaluation report, audit report, follow-up report, and related working papers for audit items as prepared for the given year.
- The internal control recommendations issued by a certified public accountant for the most recent period.
- Such other materials as the TWSE may deem necessary.
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