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 statements based on K-IFRS.
KPMG Samjung Accounting Corporation audited the accompanying non-consolidated balance shee
the result of theaudit and prevent suspension of business
1. Maintenance of Government's exclusive financial monitoring systems .
The improvement of the efficiency, credibility, expertise in process of Administration
2. Reinforcing the supervisory authority of Deposit Insurance Corporation.
Deposit Insurance Corporation?
-Government Organization Law, the supervision of FSC
the president's office for the settlement of national revenue and expenditure and audits on the duties of government organizations and the workers.
98th Amendment:① 감사원은 원장을 포함한 5인 이상 11인 이하의 감사위원으로 구성한다.
② 원장은 국회의 동의를 얻어 대통령이 임명하고, 그 임기는 4년으로 하며, 1차에 한하여 중임할 수
the efficiency in controlling product quality, Orion uses the OPIS system that collects all the relating data into one spot. Orion conducts it's own audit asides from AIB by quarterly. This internal audit is done by factories, productions teams, and even each person. Hence, Orion recognized the need to collect and organize those data from different sections so that the various departments in the