Gyeongnam Province and Education Office Conduct 2021 Fiscal Year Audit ... 10 Financial and Accounting Experts Deployed

From April 22 to May 11

The Gyeongnam Provincial Assembly settlement inspection committee members appointed on April 12.

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] The Gyeongnam Provincial Council's settlement inspection committee will conduct a settlement inspection of the 2021 fiscal year for Gyeongnam Province and the Gyeongnam Office of Education from April 22 to May 11.

The 10 settlement inspection committee members appointed on the 12th plan to focus on the soundness, appropriateness, and efficiency of budget execution across all areas including revenue and expenditure budgets, funds, bonds, debts, public assets, and goods executed by the province and the Office of Education last year.

The committee consists of 3 provincial council members, 3 financial management experts, 2 certified public accountants, 1 tax accountant, and 1 nominee from civil society organizations.

They are Kang Cheol-woo, Yoon Seong-mi, and Pyo Byeong-ho, members of the 11th Gyeongnam Provincial Council; Kim In-su, former chief education specialist of the provincial council; Paeng Hyun-il, former deputy governor of Sancheong; Han Ji-gyun, former principal of Changwon Jungang High School; accountants Kim Myung-hyun and Kim Young-beom; tax accountant Kim Kyung-hyeop; and Joo Woo-gun, advisory committee member of the Korea Disabled-Centered Enterprise Association.

The target institutions include all agencies under Gyeongnam Province and the Office of Education headquarters, affiliated institutions, and business offices.

For three institutions under the province, including the Talent Development Institute, the Culture and Arts Center, and the Agricultural Resources Management Institute, as well as three institutions under the Office of Education, including Geoje Education Support Office, Goseong Education Support Office, and Hadong Education Support Office, on-site inspections will be conducted.

After the settlement inspection is completed, Gyeongnam Province and the Office of Education will submit the inspection opinion report prepared by the committee members along with the settlement statement to the provincial council by May 31, and receive settlement approval at the regular session held in September.

Representative committee member Kang Cheol-woo said, “Since the budget for the residents was urgently executed during the difficult times of COVID-19, we will carefully examine whether there were any violations of related regulations or cases of budget waste during the budget formulation and execution process. We will do our best to ensure that the results of the settlement inspection serve as a foundation for sound financial management and contribute to improving the quality of life of the residents.”

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