Oversight of Operations and Internal Controls Through Internal Audit
First written in FY2019. 3 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2024.
42 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「The Company’s internal audits are conducted systematically by the Audit Office, an organization reporting directly to the President and comprising 2 people, based on audit working papers and covering financial audits, operational audits and the effectiveness of internal controls. The Audit Office prepares audit reports and reports the results directly not only to the Representative Director but also to the Board of Directors, Audit & Supervisory Board Members and the Audit & Supervisory Board.」
The Company has disclosed a practice under which, in addition to reporting the results of audits by the 2-person Audit Office to the Representative Director, the results are reported directly to the Board of Directors, Audit & Supervisory Board Members and the Audit & Supervisory Board. - FY2022AdvancedAnnual report
「The Company’s internal audits are conducted systematically by the Audit Office, an organization reporting directly to the President and comprising 2 people, covering financial audits, operational audits and the effectiveness of internal controls. The results are reported to top management. In addition, the audited departments are given recommendations and guidance on improvements in response to the audit results, and are required to report regularly on the progress of improvements after the audits, thereby ensuring highly effective audits.」
The Company continues to disclose operations that include audits by its 2-person Audit Office and reporting to management, as well as guidance on improvements for audited departments and progress reports after audits. - FY2021RestatedAnnual report
「The Company’s internal audits are conducted systematically by the Audit Office, an organization reporting directly to the President and comprising 2 people, covering financial audits, operational audits and the effectiveness of internal controls. The results are reported to top management.」
The Company continues to conduct financial audits, operational audits and internal control audits through its 2-person Audit Office and report the results to top management. - FY2020AdvancedAnnual report
「The Company’s internal audits are conducted systematically by the Audit Office, an organization reporting directly to the President and comprising 2 people, covering financial audits, operational audits and the effectiveness of internal controls. The results are reported to top management. In addition, the audited departments are given recommendations and guidance on improvements in response to the audit results, and are required to report regularly on the progress of improvements after the audits, thereby ensuring highly effective audits.」
In addition to its established practice of conducting systematic internal audits and reporting to management, the Company has disclosed specific details of its operations, including guidance on improvements for audited departments and progress reports after audits. - FY2019First statedAnnual report
「The Company’s internal audits are conducted systematically by the Audit Office, an organization reporting directly to the President and comprising 2 people, covering financial audits, operational audits and the effectiveness of internal controls. The results are reported to top management.」
The 2-person Audit Office, which reports directly to the President, systematically conducts financial audits, operational audits and internal control audits, and reports the results to management.