Overview
Audit System
Disclosure in the Primary
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Disclosure in the Secondary
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Electronic Disclosure Sys-
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Prohibiting Insider Trading
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Korean Audit System Reforms

Overall Audit System

 Overview
Various measures have been introduced to enhance transparency and reliability of the audit system, and to upgrade it to meet the global standards.
To better prevent fraudulent accounting practices, revisions were made to both the External Audit Act of Corporations and the Act of the CPA Profession, including:
กค revision of financial accounting standards;
กค establishment of accounting standards for financial institutions;
กค establishment of accounting standards for combined financial statements.