KICPA Accounting Policy Research Institute Holds Seminar to Mark First Anniversary

Discussion on the Developmental Direction of the CPA BSI

The KICPA Accounting Policy Research Institute, a non-profit corporation, announced on the 23rd that it held a seminar on the 21st to mark its first anniversary, under the theme "Suggestions for the Developmental Direction of the CPA BSI."

At the KICPA Accounting Policy Research Institute's 1st anniversary seminar held on the 21st, attendees are taking a commemorative photo. From the front row, second from the right: Gapsoon Kim, President of the Korean Accounting Association; Jungseok Han, Professor at Seoul National University; Unyeol Choi, Chairman of the Accounting Policy Research Institute (President of the Korean Institute of Certified Public Accountants); Hyunsoo Tae, Head of the Accounting System Team at the Financial Services Commission; Hoon Choi, Invited Researcher at the Accounting Policy Research Institute. KICPA Accounting Policy Research Institute

This seminar was organized to share the research achievements of the Accounting Policy Research Institute over the past year. Jungseok Han, Professor at Seoul National University Business School, presented the research results on "CPA BSI," which is a major project of the institute. CPA BSI quantifies certified public accountants' perceptions of the economic climate.

Key figures from the accounting field attended the seminar, including Gapsoon Kim, President of the Korean Accounting Association (Professor at Dongguk University), Hyunsoo Tae, Head of the Accounting System Team at the Financial Services Commission, and Hoon Choi, Invited Researcher at the Accounting Policy Research Institute. They engaged in extensive discussions on tasks to enhance the reliability and usability of the CPA BSI.

Unyeol Choi, Chairman of the Accounting Policy Research Institute (President of the Korean Institute of Certified Public Accountants), emphasized, "Over the past year, the institute has carried out research service support projects related to the Basic Act on Accounting and other areas to establish a practical foundation for the development of accounting policy. Based on this, we have strived to propose policy alternatives." He added, "Going forward, we will faithfully fulfill our role as a 'think tank' that closely connects academia, industry, and policymakers to advance the accounting system and enhance accounting transparency."