Regulations for the Establishment, Approval and Management of Long-Term Care Institutions Article 30

A private long-term care institution shall establish an accounting system in accordance with the generally accepted accounting principles and perform accounting on an accrual basis. The fiscal years shall be calendar years. Accounting books shall be prepared to record accounting related matters in detail.The accounting vouchers of the institution under the previous paragraph shall be maintained on a permanent basis or, in case of outstanding accounting matters, shall be retained for at least 5 years after completion of final accounts. Accounting books and financial statements shall be retained for at least 10 years after completion of final accounts, except for outstanding accounting matters.If the total annual income of a long-term care institution under the first paragraph is NT$30 million or more, an accountant shall carry out financial certification.