The committee's authority includes:
1.Establishing or amending the internal control system in accordance with Article 14-1 of the Securities and Exchange Act
2.Assessing the effectiveness of the internal control system.;
3.Establishing or amending procedures for significant financial business activities such as acquiring or disposing of assets, engaging in derivative product transactions, lending funds to others, and providing endorsements or guarantees for others in accordance with Article 36-1 of the Securities and Exchange Act.
4.Matters involving conflicts of interest of directors.
5.Significant asset or derivative product transactions.
6.Significant fund lending, endorsements, or guarantees.
7.Fundraising, issuing, or private placement of securities with equity characteristics.
8.Appointment, dismissal, compensation, and evaluation of the independence and suitability of certified public accountants.
9.Appointment and dismissal of financial, accounting, or internal audit directors.
10.Financial reports signed or sealed by the chairman, managers, and accounting directors.
11. Other significant matters stipulated by the company or the competent authority.