FSS, sets out the accounting control business community instead of privately held corporation, thanks

Financial Supervisory Service [Korea goyounghun financial newspaper reporter] for the annual report submitted privately held corporation, subject auditor will perform the direct supervision (companies, auditors).

14 days according to key information in relation to the recent external audit supervision and enforcement guidance note ‧ Change 'understanding of the FSS should perform the supervision of the many business and corporate auditors report targets unlisted direct the FSS official.

For the former privately held corporation Methodist, but after a Certified Public Accountant South Korea carried out the supervision of the auditor performs the supervision of this privately held corporation FSS on the basis of the result, as recent supervision and oegam system revision changes frequent system information, and implementation time regard need to be careful.

Accordingly, the FSS is the main content of the guide and supervision system is applied oegam 2017 oegam to prevent violations, and has encouraged the faithful conduct of the audit auditors.

In addition, the audit report on the audit time and external experts should take advantage of performance based. Last year, according to outside experts take advantage of this enforced if the December settlement corporation shall apply from the audit report for the year 2016 financial statements. Audit report on the financial statements of the companies that submitted orders should be listed whether to obtain the opinion of outside experts such as construction progresses.

Specify a note related to the audit may include a self-designated application, shortening multiple Auditor designation and specify the time scheduled for such listed entity audit. Note to strengthen supervision and sanctions may include measures related to the strengthening of accounting fraud charges related to the disclosure and deal summing apply, gamsajeon breach the financial statements submitted to the Company.

FSB director bakgwonchu accounting audit "conducted supervision duties were last amended May 11," said "look that is applied from this year," he said.



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