MediaTek’s Audit Committee assists the Board in fulfilling its oversight of the quality and integrity of the accounting, auditing, reporting, and financial control practices of the Company.


The Audit Committee is responsible to review the Company’s:


Audit Committee Membership

Title Name Date Elected
Independent Director Chung-Yu Wu June 12, 2015(Chairman)
Independent Director Peng-Heng Chang June 12, 2015
Independent Director Ming-Tze Tang June 15, 2017

The independent directors communicate with the chief of internal audit executive (CAE) and the independent auditor at the regular Audit Committee meetings. For special or significant matters, the independent directors can access the CAE or independent auditor for discussion anytime. The communication channels and interactions are functioned well. 

The CAE reports the annual audit plan execution and audit finding improvement status to independent directors at periodic meetings. They also exchange their opinions for the effectiveness of internal control implementation of the Company.

Summary of the meeting agenda that was communicated between the independent directors and CAE is shown in the following table:

Date Meeting Agenda
2016.03.17 1. Status update of 2015 Q4 audit plan execution and audit findings improvement
2. Review 2015 Internal Control Self-assessment result and the Statement of Internal Control System
2016.04.29 1. Status update for 2016 Q1 audit plan execution and audit findings improvement
2016.08.03 1. Status update for 2016 Q2 audit plan execution and audit findings improvement
2016.10.28 1. Status update for 2016 Q3 audit plan execution and audit findings improvement
2. Internal control self-assessment procedures
3. Approve 2017 internal audit plan
2017.03.22 1. Status update of 2016 Q4 audit plan execution and audit findings improvement
2. Review 2016 Internal Control Self-assessment result and the Statement of Internal Control System
3. Modify the documentation of internal Control System
2017.04.28 1. Status update for 2017 Q1 audit plan execution and audit findings improvement
2017.07.31 1. Status update for 2017 Q2 audit plan execution and audit findings improvement
2017.10.28 1. Status update for 2017 Q3 audit plan execution and audit findings improvement
2. Approve 2018 internal audit plan

Summary of the communication results of Audit Committee and Independent auditor.

Date Communication Issues
2016.3.17
1.  Independent auditors’ report on the financial statements
2.  Testing results and findings of internal control testing
3.  Modifications to the opinion in the independent auditor’s report (GAAS 57)
4.  Other significant accounting and auditing issues
2016.10.28
1.  Independent auditors’ report on the financial statements
2.  Communicating key audit matters in the independent auditor’s report (GAAS 58)
3.  Other significant accounting and auditing issues
2017.03.22
1. Independent auditors’ report on the financial statements
2. Testing results and findings of internal control testing
3. Key audit matters
4.  Other significant accounting and auditing issues
2017.10.30
1. Independent auditors’ report on the financial statements
2. Communicating key audit matters in the independent auditor’s report (GAAS 58)
3.  Other significant accounting and auditing issues