KOSDAQ Association and Korean Institute of Certified Public Accountants Sign MOU to Enhance Accounting Capabilities of KOSDAQ Listed Companies

▲Jang Kyung-ho, Chairman of the KOSDAQ Association (4th from the left), and Kim Young-sik, Chairman of the Korean Institute of Certified Public Accountants (3rd from the left), are posing for a commemorative photo after signing the MOU, attended by executives and employees of both organizations.

[Asia Economy Reporter Kwon Jaehee] The KOSDAQ Association and the Korean Institute of Certified Public Accountants announced on the 23rd that they signed a Memorandum of Understanding (MOU) at the KOSDAQ Association's main conference room to promote mutual growth through enhancing the accounting capabilities of KOSDAQ-listed companies and improving accounting systems.

According to the agreement, both organizations plan to mutually cooperate on various matters including ▲ providing educational support to improve accounting-related work capabilities of KOSDAQ Association member companies ▲ resolving difficulties related to external audit contracts for KOSDAQ Association member companies ▲ reviewing current issues related to accounting system policies for KOSDAQ-listed companies.

Jang Kyung-ho, Chairman of the KOSDAQ Association, stated, "Through close cooperation with the Korean Institute of Certified Public Accountants, we will support KOSDAQ-listed companies in strengthening their accounting capabilities and strive to improve accounting systems."

Kim Young-sik, Chairman of the Korean Institute of Certified Public Accountants, also said, "Accounting professionals will actively cooperate and contribute to enhancing the accounting transparency and corporate value of KOSDAQ-listed companies."