On the 13th, The Korean Institute of Certified Public Accountants said it signed a memorandum of understanding (MOU) on the 12th with the Korea Guardianship Association, a nonprofit corporation, for mutual cooperation to strengthen transparency in the adult guardianship system and expertise in asset management.
Under the agreement, the two organizations will work together on education and research related to adult guardianship; exchange information to strengthen expertise in asset management; provide legal and policy advice and share practical information on the adult guardianship system; build networks to enhance expertise; and exchange expertise to strengthen transparency in asset management under adult guardianship.
Choi Un-yeol, president of The Korean Institute of Certified Public Accountants, said, "This agreement is a starting point that lays the foundation for enhancing the professionalism and transparency of the adult guardianship system," and added, "We hope the expertise of certified public accountants, combined with the Korea Guardianship Association's extensive field experience and policy insights, will be widely used in the asset management area of the adult guardianship system."
Park Eun-su, president of the Korea Guardianship Association, said, "With this agreement, we expect to protect the property rights of wards more safely and create an opportunity for our society's adult guardianship services to take a further step forward."