of Audit and Inspection
1. 감사위원회의 역할
BAI, the Supreme Audit Institution of the Republic of Korea, is established under the President of the Republic, but it is independent in performing its duties. Provisions of the Constitution and the BAI Act mention three major responsibilities of BAI: (i) BAI verifies the accounts of revenues and expenditures of the central government; (ii
Ⅰ.What is the IMF?
The International Monetary Fund was created in 1945 to help promote the health of the world economy. Headquartered in Washington DC, it is governed by and accountable to the governments of the 185 countries that make up its near-global membership.
Korea joined IMF in 1955.
1.What is the International Monetary Fund?
The International Monetary Fund—also known as
government announced the adoption of IFRS. In October 2008, the company has appointed an External Advisor to analyze the main differences between IFRS and K-IFRS as the first-phase preparation. In the second-phase preparation, KT&G established responses to for the major differences and decided on the company's accounting policies. In the third-phase preparation, the company prepares financial sta
of FTAs is not a matter of choice for Korea, but rather a necessity for future economic growth" (East Asian Review 2003).
B. Chilean Economy
Chile was the first Latin American country to approve the South Korean government in 1949. Diplomatic ties were made in 1962. It has been more than 40 years. Imports and exports account for over 50% of the country’s GDP. The Chilean economy has a relat
of medical device companies. More than 2100 companies in 20 different countries such as United States, EU, Japan, Singapore and so on, participated on 61st Chinese International Medical Device exhibition and made the record for the largest participants.
5. Threats from China
1) Government Supports Chinese company and Regulates foreign company
To let Chinese medical device manufacturers gro