Regulations Governing the Preparation of Financial Reports by Insurance Enterprises｜第 2 條｜保險｜Regulation｜In Force
第 一 章｜金融監督管理委員會｜v1.0
Effective Date: 2026-01-01｜Last Amended: 2026-02-05
Except as otherwise approved by the Financial Supervisory Commission (the “FSC”), an insurance enterprise shall use calendar year as its fiscal year and establish its accounting system based on the nature of its accounting matters, actual business status, and development and management needs. The accounting system referred to in the preceding paragraph shall, based on the nature of the insurance enterprise’s business operations, and in a way that accommodates the needs of preparation of consolidated financial reports and ensures consistency in the accounting policies of the insurance enterprise and its subsidiaries, contain the following items: 1. A general description; 2. A chart of journals and ledgers; 3. Financial statements; 4. Accounting items, account books, and accounting documents; 5. Accounting standards and procedures adopted; and 6. Other items prescribed by the FSC. An insurance enterprise shall see to it that its subsidiaries establish their accounting systems in accordance with the preceding paragraph.