Kibo-Kepco KPS Sign Business Agreement for 'Audit Specialization and Integrity Management'
Kibo Auditor Park Se-gyu (left) and KEPCO KPS Auditor Moon Tae-ryong are signing a "Business Agreement for Audit Specialization and Integrity Management" at Kibo headquarters in Munhyeon-dong, Busan on the 18th.
View original image[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jeong Yun-mo, hereinafter referred to as Kibo) announced on the 18th that it signed a "Business Agreement for Audit Specialization and Integrity Management" with KEPCO KPS at Kibo's headquarters located in Munhyeon-dong, Busan, aiming to strengthen the professionalism of audit activities through the exchange and cooperation of audit information.
Through this agreement, both organizations promised cooperation in various areas, including ▲ mutual support of internal audit personnel for cooperative and cross audits ▲ mutual support for vulnerable areas of internal control and exchange of information on excellent areas ▲ sharing of internal audit findings and exemplary cases of integrity work. They agreed to create achievements in the specialization of audit and anti-corruption and integrity work.
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Both organizations have established a system to organically exchange audit know-how through personnel exchanges and information sharing, and it is expected to play a role in enhancing management transparency and fairness by creating synergy in each organization's internal audit activities. Park Se-gyu, an auditor at Kibo, stated, "Public institutions with different work areas have strengthened their audit capabilities by benchmarking each other's strengths through this agreement and have taken a step forward in raising the professionalism and efficiency of integrity work." Moon Tae-ryong, an auditor at KEPCO KPS, said, "Through this agreement, both organizations will share accumulated audit know-how and make joint efforts to foster an integrity organizational culture, thereby advancing together as integrity public institutions."
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