News / Press Releasemore
KICPA members met Mr. Choi Jong-Ku, Chairman of FSC
As a part of the implementation of the external audit act reform of the Sep. 2017, Mr, Choi Jong-Ku, chairman of Financial Supervisory Commission visited KICPA and met its members on 18th May at KICPA building. Mr. Choi delivered a presentation and encouraged the engagement of the profession to re-establish the trust and transparency of accounting system in Korea.He said "As a part of the reform of the external audit act, innovative approach in accounting regulatory system will proceed in due course. The government and the accountancy profession should remind its objective to restore trust in capital market. Especially the profession need to take the innitiative with broad and deep insight"KICPA president Amb. Joong-kyung Choi, representing the members, expressed an appreciation to Mr. Choi and promised a strong support.
- KICPA Holds 2014 CSR Evaluation Conference The KICPA hold the 2014 Corporate Social Responsibility Evaluation Conference in collaboration with the Chosun Daily and Korea Institute for Firm Contribution. Attached, you can see more details. 2014.06.20
- Study on Accounting, Taxation & Auditing Published The KICPA publishes Study on Accounting & Auditing, an academic journal, twice a year, which attracts strong interests from the academia and practice. This year holds particular significance with the mandatory introduction of IFRSs to all listed companies and Clarified ISAs. The journal deals with some of the issues the new standards could bring about. 2013.12.02
- Improvements in External Audit and Disclosure of Nonprofit Organization The KICPA commissioned the Korean Accounting Association to conduct research on the internal control, external audit and disclosure of nonprofit organizations that hold significance in their role to serve the public interest. 2013.11.01
- 2013 Practical Guidance on Transfer Income Tax and Gift Tax to bring about tax issues in case of the passing of title to property from one person (or entity) to another. Transfer tax and gift tax, in particular, has complexity especially due to frequent revisions. The KICPA published the 2013 Practical Guidance on Transfer Income Tax and Gift Tax, updating the revisions this year. 2013.09.02