Article NO. Content

Title:

Regulations Governing Establishment of Internal Control Systems by Public Companies 

Amended Date: 2024.04.22 (Articles 8, 13, 39, 47 amended,English version coming soon)
Current English version amended on 2022.12.15 
Article 34     Where appointed by the FSC pursuant to Article 38-1 of the Act, CPAs failing to acquire the audited company's Statement about the internal control system at issue shall provide reasonable assurance with respect to the audited company's internal control design and operating effectiveness, and issue an audit report in compliance with Standard on Assurance Engagements 3000.

Relevant Laws: