Page 43 - 中央存保108年年報

X. Internal Controls
1. Internal control system
On March 3, 2011, the CDIC set up an Internal Controls Task Force, which was convened by an Executive Vice President of the CDIC and consisted of the directors of each CDIC department and office. The Task Force convened two meetings in 2019. It is responsible for implementing works related to internal controls and advocating important measures. It also continued to arrange educational training on internal controls and internal audits, as well as to review and strengthen internal control operations, to carry out internal audit self-assessment operations, and to progressively implement internal control mechanisms.
2. Internal audits
A. The CDIC Internal Audit Task Force, which implements internal audits, is convened by an Executive Vice President of the CDIC. Acting in accordance with the provisions of the Executive Yuan's Directions for Public Sector Internal Control and Oversight, the Internal Audit Task Force has adopted a set of Rules for the Conduct of Internal Audits and a Handbook for Internal Audits , and has amended them as necessary to provide a basis for the execution of internal audits, and to ensure regulatory compliance.
B. The Internal Audit Task Force conducted a general internal audit of the CDIC's various departments and offices in accordance with the annual internal audit plan, and compiled its findings into audit reports that were signed and presented to the Chairman for approval. Corrective actions taken by the audited units to address identified deficiencies were tracked through semiannual follow-up reviews.
C. The chief audit executive reported semiannually to the board of directors on the results of internal audits, the implementation status of self-assessments, and corrective actions taken to address identified deficiencies.
D. The Internal Audit Task Force in February 2019 completed a self-assessment of the CDIC's 2018 internal control operations, signed off on the "Internal Control Statement of the Central Deposit Insurance Corporation," and reported its findings to the board of directors.
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中央存保一〇八年報
Business Operations
2019 Annual Report