Kibo Builds Non-Face-to-Face Audit System 'Oasis Center'

Post-COVID and Digital Era Advancement of Audit Practices

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jung Yoon-mo, hereinafter Kibo) announced on the 19th that it has established a non-face-to-face audit system called 'OASIS' to efficiently carry out audit tasks in response to the novel coronavirus infection (COVID-19) and held a plaque ceremony.

The OASIS Center is a central audit control room equipped with high-definition cameras and large monitors, enabling real-time on-site inspections, video interviews, and data transmission and reception. Through network-connected video audit equipment, it can perform non-face-to-face audit tasks equivalent to on-site audits for all branches nationwide.

To realize advanced auditing, Kibo set four major innovation directions: ▲innovation of the audit system by enhancing expertise and efficiency ▲establishment of a communicative and empathetic audit culture ▲promotion of fairness in audit tasks ▲establishment of an on-tact audit system responding to the post-COVID era. It identified 12 detailed innovation tasks and finalized them through consultation with an audit advisory committee composed of external experts. The establishment of the OASIS Center was promoted as part of implementing these innovation tasks.

Park Se-gyu, Kibo's standing auditor, said, "While seeking to advance audit techniques in preparation for the post-COVID and digital era, we proactively introduced the non-face-to-face audit system," adding, "We expect that the establishment of the non-face-to-face audit system will reduce the burden of audit tasks and the associated social costs."

This content was produced with the assistance of AI translation services.