Independent Assessments by Accountants
Nam Liong Global regularly reviews the independence of certified accountants and implements a regular rotation system. The recent independence assessment of accountants was approved by the board of directors on March 23, 2022. After the evaluation, the independence and suitability of the appointed certified accountants are in line with no worries.
Visa Accountant Independence Assessment Form
Appointment of visa accountants : Accountant Huang Xiuchun and Accountant Zhuang Biyu of Deloitte & Touche
| No. | Independence Assessment | Yes | No |
|---|---|---|---|
| 1 | There has been a rotation in seven years since the latest visa operation. | V | |
| 2 | Has no significant property interest relationship with Nam Liong Global. | V | |
| 3 | Has avoided any inappropriate relationship with Nam Liong Global. | V | |
| 4 | Accountants should ensure the integrity, impartiality and independence of their assistants. | V | |
| 5 | The financial statements of the service organization within the two years before practicing are not allowed to check the visa. | V | |
| 6 | The accountant’s name shall not be used by others. | V | |
| 7 | Does not hold any shares of Nam Liong Global and its affiliated companies. | V | |
| 8 | Has not loaned any money to Nam Liong Global and its affiliated companies. | V | |
| 9 | Has no joint investment or interest-sharing relationship with Nam Liong Global or its affiliated companies. | V | |
| 10 | Does not hold a regular job and receive a fixed salary in Nam Liong Global or its affiliated company. | V | |
| 11 | Does not involve in the decision-making of the management functions in Nam Liong Global or its affiliated companies. | V | |
| 12 | Does not concurrently operate other businesses that may lose the independence. | V | |
| 13 | Has no relationship with spouse, direct blood relatives, direct marriage relatives or collateral blood relatives such as second relatives with the management staff of Nam Liong Global. | V | |
| 14 | Has not taken any commission related to the business. | V | |
| 15 | There has not been any disciplinary action or damage to the principle of independence up to this date. | V |