The purpose of a company's internal audit is to examine and evaluate deficiencies in the internal
control system and measure the efficiency of operations.
Provide timely improvement suggestions to ensure the effective implementation of the system and
assist the boardand management to fulfill its obligations.
The audit department has one auditor, and the appointment or removal of this auditor must be decided
by the board of directors.


Audit Scope: : 

1. Examine and evaluate the reliability and completeness of financial and operating information and the
    methods how to identify, measure, classify and report these information.
2. Review existing systems to ensure compliance with major policies, plans, procedures, laws and
    regulations.
3. Check the methods of asset preservation and verify whether the assets exist.
4. Evaluate the resources is using cost-effective or not.
5. Review operational or project plans to determine whether their results are consistent with
    established goals.

 

Audit Scope:
The audit scope include all of the company's businesses.
The unit under investigation should cooperate with auditor.

Audit Method:
The auditor may either conduct an on-site audit or request the unit to provide paper documents,
including account books and vouchers.

Auditing Procedures:
Auditing works involve developing an annual audit plan, conducting regular and hoc examnation of
internal control, inspecting and assessing information, communicating findings, and performing
follow-up actions.