Jongseong Park, Sookmyung Women's University Professor, Wins This Year's Accounting Hall of Fame 'Contribution to Accounting Advancement Award'
The Accounting Hall of Fame Committee announced on November 6 that it has selected Jongseong Park, Professor at Sookmyung Women's University, as the recipient of the 2025 Accounting Hall of Fame 'Contribution to Accounting Advancement Award.' The award ceremony will be held on December 11 during the 71st anniversary celebration of the Korean Institute of Certified Public Accountants.
The Accounting Hall of Fame Committee stated, "Professor Park was selected as the awardee in recognition of his significant contributions to the development of Korea's accounting system and the enhancement of accounting transparency through his extensive activities spanning both academia and industry."
Professor Park contributed to the enactment of the new External Audit Act by serving as the chief secretary and audit subcommittee member of the Accounting System Reform Task Force for the Financial Services Commission and the Korean Accounting Association. He also supported the successful establishment of the system, further advancing accounting transparency.
In addition, he served as Chairman of the Delegated Audit Review Committee of the Korean Institute of Certified Public Accountants (concurrently serving as an Audit Review Committee member of the Securities and Futures Commission) and as a member of the Securities and Futures Commission, working to enhance audit quality and strengthen trust in the capital market.
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In the academic field, he contributed to the development of accounting studies in Korea as President of the Korean Association for Tax Studies and Vice President of the Korean Accounting Association. Through his research and publications on principles-based accounting, he has played a key role in establishing principles-based accounting in Korea.
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