The Korean Institute of Certified Public Accountants said on the 16th that it held the first Youth Committee meeting of 2026 on the 13th and listened to on-site practitioners' views on working conditions during audit season.
Earlier, The Korean Institute of Certified Public Accountants held a "meeting of compliance officers at accounting firms" on the 1st to establish a plan to improve working conditions during audit season that was released there.
At this Youth Committee meeting, the group gathered concrete on-site feedback on the actual status of working-hours entries and on tasks to improve working conditions during audit season, checked the difficulties faced by on-site practitioners, and discussed ways to improve them.
Youth members presented specific views on issues including firm-by-firm working-hours management methods during audit work, excessive burdens during peak work periods, the need to improve the compensation system linked to rigid application of individual time budgets due to declines in audit fees and downward application of standard audit hours.
Based on this discussion, The Korean Institute of Certified Public Accountants is reviewing a survey and the establishment of a dedicated task force (TF) to more closely grasp the actual conditions of working environments during audit season and to systematically reflect the wide range of views from the field.
Choi Un-yeol, president of The Korean Institute of Certified Public Accountants, said, "Following the meeting with compliance officers, this Youth Committee meeting allowed us to broadly hear diverse opinions from the audit practice field," adding, "We will prepare effective improvement measures within this year so that working conditions during audit season improve and audit quality is enhanced."
He added, "We will continue to work for the sustainable development of the accounting industry and the creation of a healthy working environment through ongoing communication with youth members."