Trend Micro 2009 Annual Report Download - page 39

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Certified copy of the audit report by the Board of Corporate Auditors
AUDIT REPORT
In order to audit the business activities of the Directors undertaken during the 21st fiscal
year from January 1, 2009 to December 31, 2009, we, the Board of Corporate Auditors, prepared
this Audit Report based on the audit report prepared by each Corporate Auditor and hereby
report as follows:
1. Method of Audit by Corporate Auditors and the Board of Corporate Auditors and
Details
In addition to specifying the auditing guidelines and assigned business, etc. and
receiving reports on audit and its results from each Corporate Auditor, we have received
reports from the Directors and the accounting auditor on their performance of duties and
requested explanations when necessary.
In accordance with the auditing guidelines and assigned business, etc. specified by the
Board of Corporate Auditors, each Corporate Auditor has communicated with the Directors,
the internal control division and other employees and made efforts to collect information and
improve the auditing environment. Each Corporate Auditor has attended meetings of the
Board of Directors and other important meetings and has been informed by the Directors and
other employees in respect of the status of performance of their duties and requested
explanations when necessary. Furthermore, each Corporate Auditor has examined important
documents in respect of the authorization of corporate actions, etc., and inspected the
operations and the assets at the head office and other principal business offices. Also, we
have monitored and verified the content of a resolution of the Board of Directors concerning
the establishment of a system to ensure that performance by the Directors of their duties
complies with applicable laws and regulations and the Articles of Incorporation or other
systems necessary to ensure validity of operations of
Kabushiki Kaisha as provided for in
Article 100, paragraphs 1 and 3 of the Ordinance for Enforcement of the Companies Act and
the status of the system (internal control system) established based on such resolution. As to
subsidiaries, in addition to communicating with the Directors in charge, we have received
reports from subsidiaries on their businesses and visited subsidiaries when necessary to
examine its businesses and assets. Based on the above-mentioned method, we have examined
the Business Report and its supplementary schedules for the said fiscal year.
Furthermore, in addition to monitoring and verifying that the accounting auditor
maintains its independence and conducts the audit properly, we have received reports from
the accounting auditor on the performance of its duties and requested explanations when
necessary. We have received notice from the accounting auditor concerning that the “system
to ensure that duties are properly performed” (matters stipulated in each item of Article 131
of the Corporate Accounting Ordinance) is established in accordance with the “Quality
Management Standards concerning the Audit” and requested explanations when necessary.
Based on the above method, we have examined the unconsolidated financial statement
(balance sheet, profit and loss statement, statement of changes in shareholders' equity and
notes to the unconsolidated financial statements) and their supplementary schedules, and
the consolidated financial statements (consolidated balance sheet, consolidated profit and loss
statement, consolidated statement of changes in shareholders' equity and notes to the
consolidated financial statements) for the fiscal year under review.