The Audit Committee Forum said on the 27th that it will hold the "2025 research project results presentation seminar" on Feb. 12 at the Westin Josun Hotel in Jung-gu, Seoul.
The event is for auditors and audit committee members, and will be held as a breakfast seminar.
The Audit Committee Forum is a nonprofit corporation jointly established in 2018 by the four major accounting firms in Korea (Samil, Samjong, Anjin, and Hanyoung) to enhance accounting transparency and strengthen the expertise of auditors and audit committee members. Through various programs such as regular forums and online training courses, the forum supports strengthening the capabilities of audit committees.
The first lecture of this seminar will present the results of the study "A plan to establish guidelines for the appointment of external auditors to enhance accounting transparency," jointly carried out by Center Director Jeong Jae-gyu and Associate Researcher Kim So-jeong of the ESG Information Analysis Center at the Korea ESG Standards Institute, Professor Kim Beom-jun of The Catholic University of Korea, and Professor Kwon Se-won of Ewha Womans University.
It will introduce key practical guidelines and checklists on appointing external auditors derived from this study, and in particular will present important matters to comply with or refer to when appointing external auditors and plans for establishing and operating support departments.
The theme of the second lecture is "A plan to rationalize the independence of certified public accountants," a joint study by Professor Jeon Gyu-an of Soongsil University and Professor Ha Won-seok of Chung-Ang University.
After reviewing the current independence-related provisions in the Certified Public Accountant Act and its Enforcement Decree and in the Act on External Audit of Stock Companies and its Enforcement Decree, it will propose reasonable revision measures derived by reflecting expert opinions from major overseas cases and from the accounting industry, corporations, legal experts, and supervisory authorities. A proposed revision on the scope of non-audit services that auditors may perform will also be presented.
An Audit Committee Forum official said, "We expect these research results to help explore effective policies and measures to enhance accounting transparency and auditor independence," adding, "We will continue to support various research projects that can contribute to strengthening accounting transparency and advancing corporate governance related to accounting and auditing."
This event by the Audit Committee Forum is sponsored by the Financial Services Commission and The Korean Institute of Certified Public Accountants. Registration is on a first-come, first-served basis on the Audit Committee Forum website, and there is no participation fee.