Regulations Governing the Establishment and Assistance of Overseas Taiwan Schools Article 20

Each Overseas Chinese School shall establish an accounting system and conduct accounting affairs in accordance with the ordinances and regulations of Taiwan or the host country, and it shall complete its annual settlement within six months after the end of each fiscal year and submit this, together with its annual financial statements which have been prepared by a certified public accountant, to the overseas mission with jurisdiction to forward to the MOE for future reference.