Three-Way Audit Coordination among Internal Audit, the Audit & Supervisory Board, and the Accounting Auditor
First written in FY2022. 1 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2024.
98 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Three-party audit liaison meetings are held as follows: 4 April 2024, 4 July 2024, 3 October 2024 and 23 January 2025」
Quarterly information sharing and exchanges of views among internal audit, the Audit & Supervisory Board and the accounting auditor continued. - FY2023AdvancedAnnual report
「As part of the three-party audit process, when formulating the internal audit plan, we receive advice from Audit & Supervisory Board members and the accounting auditor on audit items, audit methods and other matters concerning highly important departments subject to audit. After conducting the internal audit, we report the results to the Audit & Supervisory Board members, the Audit & Supervisory Board and the accounting auditor and exchange views on issues and problems.」
The coordination among internal audit, the Audit & Supervisory Board and the accounting auditor was described in specific terms, including advice when plans are formulated, reporting after audits are conducted and quarterly liaison meetings. - FY2022First statedAnnual report
「As part of the three-party audit process, when formulating the internal audit plan, we receive advice from Audit & Supervisory Board members and the accounting auditor on audit items, audit methods and other matters concerning highly important departments subject to audit. After conducting the internal audit, we report the results to the Audit & Supervisory Board members and the accounting auditor and exchange views on issues and problems.」
A coordination framework was described in which the internal audit department, Audit & Supervisory Board members and the accounting auditor provide advice when plans are formulated and share the results after audits are conducted.