Selected Article

Title

從博達案件探討公司治理、內部控制與內部稽核人員的角色定位

A study on Corporate Governance, Internal control and the role、characterization of the Internal auditor from the Procomp case

Description

[[abstract]]近年來,國內外陸陸續續發生一連串知名企業之財務弊案事件,造成全球經濟市場的震撼,首先為霸菱銀行交易員,因操作授權額度外的衍生性商品交易失利,導致霸菱銀行宣佈破產,而後為2001年底擁有680億美元資產的美國安隆公司(ENRON)宣布倒閉,並牽扯出美國政商勾結的疑雲,而2004年國內台灣版的安隆事件—博達(Procomp)亦宣佈破產,其經營的手法亦是前所未見,引發各界質疑現行公司治理與內部控制之有效性及內部稽核人員其本身角色的存疑性。 博達科技為國內知名的上市公司,但前景未如預期,造成營收下滑,而為了掩飾此情形,公司涉嫌運用不當財務手法,如虛增營收及獲利、應收帳款涉虛偽出售或收現→美化獲利能力及財務狀況、疑因股價下跌護盤需要,涉嫌規劃虛增業績美化財報並透過國外交易安排套取公司資金等等手法欺騙社會投資大眾,並影響經濟市場。 本研究採取個案研究法針對博達案件所引發的一連串的問題進行資料蒐集及探索性研究,研究的資料以2004年(含)以前的資料為主,個案研究的結論為在公司治理與內部控制上:在內部治理機制方面,應設立獨立董監事制度、經營權與所有權分開、公司資訊的充分透明化及企業經營者品德及企業文化養成;在外部治理機制方面,應加強主管機關的行政管理、會計師應具獨立性及專業機構專業性再加強。而在內部稽核人員的角色與定位,應從事後的評估及確認,延伸至即時的諮詢顧問,而其定位為以風險導向稽核取代傳統之控制基礎稽核,即注重事前的預防、評估。 In recent years, many well-known public held enterprises have been accused of abuse practices in financial operation and mane events have resulted in great shock to global economic markets. Barings Bank has unsuccessfully engaged in the derivatives deals due to unauthorized behaviors in trade operation. This risky operation has caused Barings Bank to file bankruptcy several years agao. Again, 68 billion dollars assets of Enron have been announced to be closed down without any warning or notice by the end of 2001. It implicated the collusion suspicion between Business and Politics of America. By the same token, Procomp, similar to the Enron event, has also declared its smashup in 2004. Its financial operation ignited the problems of playing the game of financial figures through overseas offshore branches. To deal with the above problems, I would like to propose warning indicators of financial crisis through my analysis. The subject matter of this thesis will focus on the effectiveness of corporate governance and internal control as well as the role of internal auditors. Procomp is a famous domestic publicly held company listed in Taiwan stock market. In recent years, Procomp has encountered severe financial crisis because its earnings decreased significantly. In order to ease this situation, Procomp has undertaken several improper financial methods by means of concealing certain financial statements. For instance, in order to enhance or improve its financial status , Procomp engaged in forging its financial statement as to the account of accountable receivables, assets, profits and earnings per share through offshore companies. Its main purpose is to protect its stock price from declining. Such operation not only deceived the public investors in stock market but also posed the invisible bomb on economic markets. This research adopts case study by illustrating Procomp as an example to explore financial analysis by collecting data in stocks market. The research data utilized contain the materials up to 2004. The process of this case study is to explore the possible problems in corporate governance and internal control. In internal governance, a company should set independent directors and supervisor systems. The operation authority and ownership should be divided. Company information except trade secret should be disclosed or clarified. In doing so, the virtue of board of director and the enterprise culture should be also addressed. In external governance, companies should strengthen the administration management of the chief organization with the help of independent certified public accountants, and intensify professionalism of professional structure. For the role and characterization of the internal auditors, it ought to extend from evaluation and confirmation after every potential event in triggering financial crisis to professional consultation timely. In order to minimize the risk of the Enron/Procomp and protect public investors in stock market, all companies, instead of employing traditional control-based auditing, should use risk-based auditing method to prevent financial tragedies in the future.

[[note]]中文文獻 [1]吳迎春 (2003)。下一波的競爭力-公司治理。天下雜誌,3月份,46–52頁 [2]李佳安 (2001)。影響內部稽核人員工作滿意因素之研究。私立淡江大學會計學系會計學系碩士班未出版碩士論文 [3]李厚儀 (2004)。公司治理已成為世界潮流。Taiwan News財經文化周刊,二月份,54–55頁 [4]林江亮 (2004)。博達事件究竟誰該負責。財稅法令,第14期,12–14頁 [5]林柄滄 (2001)。內部稽核理論與實務。著者印行 [6]林柄滄 (2002)。新經濟時代的內部稽核。著者印行 [7]林美姿 (2003)。台灣不做好公司治理,經濟就完了。遠見雜誌,8月份,50–58頁 [8]林慧珠 (1995)。內部稽核在企業組織內角色定位之研究。國立台灣大學會計研究所未出版碩士論文 [9]金永勝 (2004)。由公司治理制度談博達案。商學趨勢導報,第七期,3–16頁 [10]胡守得 (2004)。博達做假帳,檢方研判可能性大增。大紀元,2004.06.29 [11]英國「經濟學人」亞洲經濟調查特刊,2001年 [12]財團法人中華民國證券暨期貨市場發展基金會 (2002)。我國公司治理。 [13]馬淑華 (2004)。博達案主要演變流程。經濟日報,2004.10.26,A2版 [14]郭庭昱、朱紀中 (2004)。博達葉素菲導演台灣版恩龍案。今周刊,392期 [15]陳惠珠、王怡心 (2003)。內部稽核的諮詢性服務。內部稽核季刊,第四十三期,9–13頁 [16]陳樹 (1996)。「內部稽核應發揮之弁遄v。內部稽核會訊,第19期 [17]陳樹 (2003)。公司治理制度下的內部稽核弁遄C內部稽核季刊,第四十三期,4–8頁 [18]陳錦峰 (2004)。公司治理變革-對內部稽核之意涵。內部稽核季刊,第四十七期,10–15頁 [19]彭若青 (2002)。公司治理不是企業的威而剛。管理雜誌,341期,95–97頁 [20]葉銀華 (2004)。博達現象投資八大警訊。管理雜誌,第362期,56–59頁 [21]葉蕙棻 (2003)。熵理論在組織內部稽核中的意涵與衡量模式建立之研究。私立中原大學企業管理研究所未出版碩士論文 [22]劉峻谷 (2004)。博達案-葉素菲求刑20年,罰金5億。經濟日報,2004.10.26,A2版 [23]蔡篤村 (2002)。內部控制與公司治理。著者印行 [24]蔡篤村 (2002)。以內部控制強化公司治理之探討。國立台灣大學會計學系碩士班碩士論文 [25]蕭貴珠 (2003)。公司治理面面觀。工商會務,第52期,5–17頁編輯部 (2004)。公開博達案之調查報告。財稅法令,第14期,8–11頁 英文文獻 [1]Chambers, A. D. (1981), Internal auditing: theory and practice,Chicago: Commerce Clearing House. [2]Committee of sponsoring organizations of the treadway commission “internalcontrol-integrated framework”, September 1992 [3]Ratliff, R. L., W. A. Wallace, J. K. Loebbecke, and W. G. McFarland (1988), Internal Auditing: Principles and Techniques, Florida: [4]Standard & Poor’s Transparency & Disclosure Survey for International Investors [5]The Insititute of Interinal Auditors “Standards for the professional practice of internal auditing”, effective date:January 1, 2002 [6]The Institute of Internal Auditors Press.43. Sawyer, L. B. and G. V. Chichester (1996), The manager and theinternal auditor: partners for profit, England; New York: Wiley. [7]Wood, D. J. and J. A. Wilson (1989), Role and Relationships in Internal Auditing. Florida: The Institute of Internal Auditors Research Foundation Press.