Purpose and Organization
The design and implementation of EDT’s internal control system as well as internal audit are handled in accordance with the “Regulations Governing Establishment of Internal Control Systems by Public Companies” and relevant laws and regulations.

The Purpose of Internal Audit
Assist the Board of Directors and managers to inspect and review the deficiencies of the internal control system, measure the effectiveness and efficiency of the operation, and provide suggestions for improvement at the right moment to ensure the continuous and effective implementation of the internal control system, and serve as a basis for reviewing and amending the internal control system.

The Organization of Internal Audit
EDT has set up an “Audit Office” subordinate to the Board of Directors, with one chief audit officer and one auditor. The appointment or discharge of the chief internal audit officer shall submit to the Board of Directors for approval. Further, in accordance with Article 3 of EDT’s “Corporate Governance Best Practice Principles“, the appointment, discharge, evaluation, salary and remuneration of internal auditors shall be signed by the chief audit officer and submitted to the Chairman for approval. The qualifications of internal auditors meet the statutory competency requirements and continue to study for the required number of hours.
The Operation of Internal Audit
- Internal auditors uphold the spirit of independence, perform their duties in an objective and impartial manner, and exercise due attention professionally. The chief audit officer regularly attends the Board of Directors to report on the audit operation.
- The internal auditors conduct routine inspections of the internal control system in accordance with the annual audit plan and internal audit system with its implementing regulations to measure the effectiveness and compliance of the existing policies and procedures and their impact on various business activities, and deliver the audit reports to each independent director before the end of the month following the completion of each audit item.
- In order to implement the self-supervision mechanism of each unit, timely respond to changes in the environment, adjust the design and implementation of the internal control system and improve the quality and efficiency of the audit, the internal auditors supervise all departments and subsidiaries to carry out self-inspection operations every year, and assist in the implementation and review.
