Business Entity Accounting Act Article 68

(Approval of the Year-End Closing Reports)The responsible person of a business shall submit the year-end closing reports to its capital provider(s), partner(s), or shareholder(s) for approval within six months at the end of the fiscal year.The capital provider(s), partner(s), or shareholder(s) may commission a certified public accountant to conduct an examination of the matters mentioned in the preceding Paragraph, if deemed necessary.The responsible persons of a business and its chief accounting personnel shall be relieved of their accounting responsibilities for the fiscal year upon the approval of the year-end closing reports referred to in Paragraph 1, provided that this provision shall not apply in cases of unlawful or improper conduct involved.