Seohyun Academic Foundation Holds Seohyun Academic Award Ceremony... First in the Accounting Industry

The Seohyun Academic Foundation announced on the 15th that it held the Seohyun Academic Award ceremony and hosted the 1st Seohyun Academic Award ceremony.

The Seohyun Academic Award, held the previous day, was planned to support the activities of next-generation researchers and to enhance practical relevance. The grand prize of the inaugural Seohyun Academic Award was awarded to Professor Yang Injun of the University of Seoul. Professor Yang received the grand prize in recognition of his research results that deeply explored the correct interpretation direction and legislative alternatives of the contentious provisions on the taxation of internal transactions through his paper titled "A Study on the Systematic Legal Interpretation and Legislative Alternatives of Article 45-3 of the Inheritance and Gift Tax Act."

The excellence award was given to researcher Ra Kyunghum, a doctoral student in the Department of Accounting at Yonsei University Business School. Researcher Ra received the excellent paper award by empirically confirming that the proportion of personnel in the quality control office of accounting firms is one of the important determinants in improving audit quality through the paper "The Impact of the Proportion of Quality Control Office Personnel in Accounting Firms on Audit Quality."

Kang Sungwon, chairman of the Seohyun Academic Foundation, emphasized, "Through the Seohyun Academic Award, we will support the academic activities of emerging researchers and fulfill social responsibility in the knowledge service sector," adding, "The Seohyun Academic Foundation will take the lead in the development of the accounting and tax industry, the formation of a healthy capital market, and the sustainable growth of our companies."

The Seohyun Academic Foundation is the first academic foundation established by voluntary contributions from employees of an accounting firm in 2022. Through the Seohyun Academic Award, the foundation plans to continuously support academic promotion and research and development activities in the fields of accounting, taxation, and finance.

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