Three-way audit framework comprising Audit & Supervisory Board Members, the Accounting Auditor and the Internal Audit Office
First written in FY2018. 1 of 2 entries say "Advanced", first in FY2019. Latest entry: FY2019.
61 other companies' latest entry also says "Advanced".
- FY2019AdvancedAnnual report
「Under the Internal Audit Rules, an independent Internal Audit Office staffed by 2 concurrent personnel conducts internal control audits related to financial reporting, operational audits and other audits. The results are approved by the executive officer overseeing the Internal Audit Office and reported to the Management Policy Meeting and the Board of Directors. They are also reported to the standing Audit & Supervisory Board member and the accounting auditor as appropriate.」
The company describes an operating framework in which the Internal Audit Office reports the results of financial reporting and operational audits to the Management Policy Meeting, the Board of Directors, Audit & Supervisory Board members and the accounting auditor. - FY2018First statedAnnual report
「The company plans to enhance the effectiveness of the Internal Audit Office and establish an audit structure involving the three parties: Audit & Supervisory Board members, the accounting auditor and the Internal Audit Office.」
The company has indicated a policy of establishing an audit structure involving the Internal Audit Office, Audit & Supervisory Board members and the accounting auditor, and strengthening coordination in audits of internal controls and financial reporting.