Accounting Standards and Regulations for the Type I Telecommunications Enterprises Article 51

Unless otherwise prescribed by paragraphs 2 and 3, an operator shall file its Accounting Procedure Manual with the review report of a certified public accountant for the DGT's reference before its operations. The same process shall apply to manual revision.A market dominator shall file its Accounting Procedure Manual with the review report of a certified public accountant for the DGT's approval. The manual will come into force after approved. The same process shall apply to manual revision.After the revision of this Code comes into effect, a market dominator shall revise its Procedure Manual and file its Procedure Manual to the DGT within four months from the date that it is designated by the MOTC as a market dominator. The market dominator shall revise all required financial reports according to its Procedure Manual approved by the DGT in the same fiscal year.When changes in the operations make the steps in Procedure Manual obsolete in meeting the requirements of this Code, the Operator shall make changes to its accounting systems and Procedure Manual. Before the execution, the Operator shall file those changes to its Procedure Manual with the DGT for an approval.The DGT may request an Operator to change the Operator's Procedure Manual when necessary.The Procedure Manual shall record and illustrate the detailed steps that an Operator has adopted to implement the requirements of this Code.