Coordination Among the Internal Audit Office, Audit and Supervisory Committee, and Accounting Auditor
First written in FY2019. 1 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2024.
- FY2024RaisedAnnual report
「In addition, under the audit policy established by the Audit and Supervisory Committee, each Audit and Supervisory Committee member conducts visits to business sites based on the audit plan and meets with the accounting auditor at least 6 times a year. The members also receive reports from the Audit Office on the audit plan and audit status under the internal audit regulations, work to identify issues, and enhance audit effectiveness.」
The policy-level target for the frequency of meetings with the accounting auditor was raised from at least 4 times a year to at least 6 times a year. - FY2022RestatedAnnual report
「In addition, under the audit policy established by the Audit and Supervisory Committee, each Audit and Supervisory Committee member conducts visits to business sites based on the audit plan and meets with the accounting auditor at least 4 times a year. The members also receive reports from the Audit Office on the audit plan and audit status under the internal audit regulations, work to identify issues, and enhance audit effectiveness.」
We continued sharing audit plans and audit status among the Audit Office, Audit and Supervisory Committee, and accounting auditor, and holding meetings with the accounting auditor at least 4 times a year. - FY2020AdvancedAnnual report
「Under the audit policy established by the Audit and Supervisory Committee, each Audit and Supervisory Committee member conducts visits to business sites based on the audit plan and meets with the accounting auditor at least 4 times a year, including 12 meetings during the fiscal year. The members also receive reports from the Audit Office on the audit plan and audit status under the internal audit regulations, work to identify issues, and enhance audit effectiveness.」
The company documented 12 meetings with the accounting auditor during the fiscal year, as well as a track record of coordination involving reports from the Audit Office. - FY2019First statedAnnual report
「Coordination among the Audit Office, Audit and Supervisory Committee, and accounting auditor involves the Audit Office, which has an internal control function, reporting its audit plan under the internal audit regulations and the status of audits to the Representative Director and President, and also reporting the details to the Audit and Supervisory Committee.」
A coordination framework for sharing audit plans, audit status, and issues among the Audit Office, Audit and Supervisory Committee, and accounting auditor was documented as an independent theme for the first time.