Enhancing audit effectiveness through coordination among internal audit, Audit & Supervisory Board audits, and financial audits
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2026.
59 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company’s internal audits are conducted by the Audit Office, the internal audit department directly reporting to the CEO (chief executive officer), and the department consists of 10 people, including its head.」
The internal audit department operates under the direct authority of the CEO with a 10-person structure, and regular reporting to the Board of Directors on audit reports, activities, and plans was specified. - FY2021RestatedAnnual report
「During internal audits, full-time Audit & Supervisory Board members accompany on-site investigations as appropriate, maintaining coordination in audit practices. At the monthly information-sharing meetings, the Audit Office reports the results of operational audits to the full-time Audit & Supervisory Board members. The Audit & Supervisory Board members and the Audit Office also exchange information on a day-to-day basis to ensure substantive coordination.」
Audit coordination continues through the participation of full-time Audit & Supervisory Board members in on-site investigations, monthly information-sharing meetings, and information exchange among the Audit & Supervisory Board members, the Audit Office, and the independent auditor. - FY2019RestatedAnnual report
「During internal audits, full-time Audit & Supervisory Board members accompany on-site investigations as appropriate, maintaining coordination in audit practices. At the monthly information-sharing meetings, the Audit Office reports the results of operational audits to the full-time Audit & Supervisory Board members. The Audit & Supervisory Board members and the Audit Office also exchange information on a day-to-day basis to ensure substantive coordination.」
Audit coordination continues through the participation of full-time Audit & Supervisory Board members in on-site investigations, monthly information-sharing meetings, and day-to-day information exchange between the Audit & Supervisory Board members and the Audit Office. - FY2018First statedAnnual report
「During internal audits, full-time Audit & Supervisory Board members accompany on-site investigations as appropriate, maintaining coordination in audit practices. At the monthly information-sharing meetings, the Audit Office reports the results of operational audits to the full-time Audit & Supervisory Board members. The Audit & Supervisory Board members and the Audit Office also exchange information on a day-to-day basis to ensure substantive coordination.」
Coordination among audits through the participation of full-time Audit & Supervisory Board members in on-site investigations, monthly information-sharing meetings, and day-to-day information exchange between the Audit & Supervisory Board members and the Audit Office was first documented as a thread.