Goto Main Content

Chapter Law Content

Chapter V Financial Statements
Article 27
The "financial statements" referred to in these Regulations include the following statements and footnotes thereto:
1.Balance sheet.
2.Comprehensive income statement.
3.Statement of changes in owners' equity.
4.Cash flow statement.
Each page of the balance sheet, comprehensive income statement, statement of owners' equity, and cash flow statement referred to in the preceding paragraph shall be signed or sealed by a responsible person, managerial officer, and in-charge accountant as representatives of the audited entity.
For the first, second, and third quarter financial reports of the audited entity that are required to be reviewed by a CPA and publicly announced and registered pursuant to Article 36 of the Securities and Exchange Act as amended and promulgated on 4 January 2012, the CPA also shall review the interim financial reports of the major subsidiaries of the audited entity. If the CPA expresses a qualified conclusion in a review report because the financial reports or related information of a non-major subsidiary have not been reviewed, the CPA in the interim review reports must specify the amounts of the unreviewed assets, liabilities, and comprehensive income, and the proportions that they constitute of each of those amounts in the financial reports.
Article 28
Dollar amounts in financial statements shall be based on figures audited by a CPA. The dollar amounts need only be expressed in units of NT$1000, rounded to the nearest thousand, unless otherwise stated by laws and regulations or otherwise requested by the engaging party.
Article 29
These Regulations shall be enforced from the date of issuance, except for the 26 December 2005 amendments, which shall be enforced from 1 January 2006, the 17 August 2012 amendments, which shall be enforced from the fiscal year 2013, the 30 December 2013 amendments to Article 8, which shall be enforced from the fiscal year 2015, and to Article 20, which shall be enforced from the fiscal year 2014, the 13 August 2014 amendment to Article 20, paragraphs 1, subparagraphs 3, 8 and 13, which shall be enforced from fiscal year 2015, and the 24 January 2019 amendment to Article 20, paragraph 1, subparagraph 9 (the preamble and items 4 to 6, 11, and 14) and subparagraph 14, which shall enter into force from 1 July 2019.