Chapter  5 Handling Procedures of Accounting Affairs

（Document Preparation）
Article 33
No accounting document must be prepared and no record must be entered in account books and statements unless based on true events.

（Timely Recording）
Article 34
Accounting events must be recorded in accordance with the sequence of occurrence on a daily basis no later than two months after such occurrence.

（Signature and Seal on Account Books and Slips）
Article 35
Slips and accounting books must be signed or sealed by the person-in-charge representing the business, its manager, accounting personnel in-charge, and the accounting personnel handling the event.
However, when bookkeeping slips are signed or sealed by the manager, accounting personnel in-charge or accounting personnel handling the event authorized by the person-in-charge representing the business.

（Binding of Documents）
Article 36
Accounting documents must be bound into volumes on a daily or monthly basis. The source documents, if any, must be attached to the bookkeeping slips. The slips which prove the existence of authorities and responsibilities, or which should be permanently kept, or for which separate bindings are more convenient may be separately kept; provided that they are be dated and numbered.

（Copy or Stub）
Article 37
A business must keep at least one copy or stub of external documents prepared by it. The abstract of the event and the amount thereof stated in the copy or stub must not be different from those in the original.
The original or stub of the external documents referred to in the preceding Paragraph must be coded in sequence, and the copies or stubs need to be bound into volumes; In the event that there is any clerical error in the original or that the original is recovered for cancellation, such originals can be pasted to the copy or stub with the same number. If the original is not available or cannot be recovered, reasons thereof must be indicated on the copy or stub.

（Preservation of Report and Slips）
Article 38
All the accounting documents, except those which should be permanently kept or which are related to unsettled accounting events, must be kept for at least five years after the completion of annual closing procedures.
All the accounting books and financial statements must be kept for at least ten years after the completion of annual closing procedures; provided that there aren`t any unsettled accounting events listed within.

（Liability Related to the Destroying, Missing and Loss of Slips）
Article 39
If an accounting document which should be and could be obtained for an accounting event is damaged, missing, or lost/destroyed due to the fault or willful act of the personnel handling or in charge of the matter, thus causing damage to the business, such personnel must be responsible for compensation.

（Processing Accounting Affairs Electronically）
Article 40
A business may process all or part of the accounting data electronically. The rules related to the internal control, method of authorization and signature and seal of data entered, storage, safeguarding, modification other related events must be prescribed by the Central Competent Authority.
Articles 36 paragraph 1 and Article 37 paragraph 2 need not be applied for Individuals recording accounting data electronically.