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Korea Workers' Compensation and Welfare Service Establishes Cooperation System to Strengthen Audit Capabilities

Mutual Cooperation to Enhance Anti-Corruption and Integrity Levels Among Institutions

Auditors from public institutions under the Ministry of Labor have joined hands to establish a cooperative system for audit work.

The Korea Workers' Compensation and Welfare Service (Standing Auditor Kim Dae-won) announced on the 7th that it signed a business agreement with the Korea Occupational Safety and Health Agency (Standing Auditor Cho Hyun-soo), the Human Resources Development Service of Korea (Standing Auditor Lee Sung-kyung), and the Construction Workers Mutual Aid Association (Standing Auditor Kim Seok-won) to strengthen audit capabilities and enhance anti-corruption and integrity levels.

This business agreement was promoted to specialize audit and integrity work and strengthen internal controls within institutions through personnel and information exchange among the audit departments of the institutions.

The Audit Council of Public Institutions under the Ministry of Employment and Labor (Chairman Kim Dae-won, Auditor of the Korea Workers' Compensation and Welfare Service, far right) signed a business agreement on the 7th at the meeting room of the Seoul Joint Office Building of the Korea Workers' Compensation and Welfare Service with auditors and audit directors from four affiliated institutions of the Ministry of Employment and Labor to strengthen audit capabilities and enhance anti-corruption and integrity levels.

According to the agreement, the institutions plan to strengthen cooperation in areas such as ▲ exchange of audit techniques to improve audit expertise and quality ▲ mutual cooperation to establish an anti-corruption and integrity culture ▲ support for specialized personnel in audit activities ▲ mutual support for vulnerable areas of internal control and exchange of information on excellent areas ▲ regular learning activities to enhance audit and anti-corruption and integrity capabilities.

The four institutions?Korea Workers' Compensation and Welfare Service, Korea Occupational Safety and Health Agency, Human Resources Development Service of Korea, and Construction Workers Mutual Aid Association?launched the Public Institution Auditors Council under the Ministry of Employment and Labor in June this year and declared their commitment to anti-corruption and integrity practices.

Since then, the cooperative system has expanded to 12 public institutions under the Ministry of Employment and Labor with their own audit organizations, conducting cross-audits by institution and joint training to reduce budgets and improve the quality of education for small-scale public institutions.

Through this business agreement, a systematic cooperative system has been established, including joint audits, regular joint training program operation, and institutionalization of information exchange on audit activities.

After the agreement, joint training on embezzlement prevention and financial and accounting audit techniques was conducted with auditors from public institutions under the Ministry of Employment and Labor in attendance.

Recently, through the business agreement, the Service has actively collaborated with related organizations by preventing and analyzing risk factors and corruption-vulnerable areas in national university hospitals, and supporting internal control establishment and specialized personnel activities with public institutions such as KAC Airport Corporation.

In the future, the Service plans to share excellent audit performance results with the agreement institutions, including a dualized unique internal control system, AI audit system, group-type comprehensive audits focused on core risks, and campaigns to improve an integrity organizational culture.

Kim Dae-won, Standing Auditor of the Korea Workers' Compensation and Welfare Service, said, “Through this cooperation among audit organizations, we will strengthen audit capabilities and make this an opportunity to establish an anti-corruption and integrity culture, striving to become an institution trusted by the public.”

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