Core Viewpoint - The company has established a system to enhance internal control and standardize the preparation, review, and disclosure of annual financial reports, emphasizing the role of the audit committee in overseeing these processes [1]. Group 1: Audit Committee Responsibilities - The audit committee is responsible for coordinating the audit schedule with the accounting firm and ensuring timely submission of the audit report [2]. - The committee must review the financial statements before the auditors commence their work and provide written opinions [2]. - After the auditors provide preliminary opinions, the committee will review the financial statements again and form additional written opinions [2]. Group 2: Auditor Engagement and Evaluation - The company should not change auditors during the audit period unless absolutely necessary, in which case the audit committee must evaluate the quality of both the previous and new auditors [3]. - The audit committee must provide a comprehensive evaluation of the auditors' performance before recommending reappointment or replacement for the next fiscal year [3][4]. - Any communication and evaluation regarding auditor changes must be documented and reported to the regulatory authority within three working days after the shareholders' meeting [3]. Group 3: Confidentiality and Compliance - The audit committee must ensure that auditors and other insiders maintain confidentiality and prevent unauthorized disclosure of significant non-public information [5]. - The system established by the board of directors will be effective upon approval and will be subject to modification as necessary [5].