Laws and Regulations Database of the Central Bank of the Republic of China(Taiwan)

Chapter 4　　Account Titles and Financial Reports

Article 15
Account titles shall be established based on the Reference Account Titles 
for Foundations Overseen by the Central Bank of the Republic of China (Taiwan) 
(see attachment). However, if needed by business, a foundation may add more 
account titles in its accounting system.

Article 16
Financial reports shall contain the following information:
1.Financial statements: Including statement of revenues and expenditures, statement 
　of cash flows, statement of estimated changes in net worth, balance sheet and their 
　accompanying notes or supplementary schedules.
2.Statement details of major accounts.
3.Any other disclosures and explanatory information helpful to the decision making 
　of users. 
The format of financial report shall follow the Format for Financial Statements of 
Foundations Overseen by the Central Bank of the Republic of China (Taiwan) prescribed 
in Article 7 of the Regulations Regarding Authorization Provisions of the Foundations 
Act by the Central Bank of the Republic of China (Taiwan).

Article 17 
Financial reports shall include explanatory notes on the following subsequent 
events that occur between the balance sheet date and the date when the financial 
reports are authorized for issue:
1.Changes in net worth or fund structure.
2.Large long-term or short-term borrowings.
3.The additions, expansion, construction, lease, obsolescence, idling, sale, pledge, 
　transfer or long-term renting of major assets.
4.Significant changes in business scale or policy.
5.Principal investments in other enterprises.
6.Losses due to major disasters.
7.Major litigation pending or concluded.
8.The signing, completion, voidance or lapse of major contracts.
9.Major organizational adjustments and significant management reforms.
10.Significant effects of changes in government laws and regulations.
11. Other major events or measures capable of affecting future financial position, 
　 financial performance and cash flows.