Our Accounting Firm, CEO Kim Byung-ik Reappointed... "Will Focus on Enhancing Audit Quality and Training New Accountants"

[Asia Economy Reporter Ji-hwan Park] Woori Accounting Corporation announced on the 25th that it decided to reappoint the current CEO Kim Byung-ik through the regular general meeting of employees held on the 24th.

During his three-year term, CEO Kim Byung-ik led the firm to change its global member firm to Bakertilly, ranked 8th worldwide, registered as an auditor for publicly listed companies in 2019, fully introduced electronic audit working papers, established a computerized audit team, hired 22 new accountants last year, expanded the quality control office staff, and improved systems, demonstrating efforts not only in external growth but also in strengthening quality control.

CEO Kim said, "To further enhance our capabilities as an accounting firm that meets the social demand for strengthening audit quality, we will focus more on expanding the computerized audit team, reinforcing pre- and post-quality control, and providing training and education for our affiliated accountants."

Woori Accounting Corporation has an organizational structure that enables consistent quality control by having only its head office and one branch office in Seoul, which is a strength. It is a leading mid-sized accounting firm currently employing about 230 certified public accountants.

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