Collaborative Communication Independent Directors, Internal Audit, and CPAs

Internal audit supervisors and CPAs support independent directors in fulfilling their duties and encourage the board to enhance operational effectiveness through the following methods:

• Organize quarterly meetings between internal audit supervisors and independent directors. These sessions cover audit planning, ongoing audit progress, operational outcomes, and significant issues.
• CPAs should provide reports annually to independent directors on the results of financial statement audits for the company and its subsidiaries, as well as findings from internal systems checks, regulatory updates, and recommended responses.