Seminar Successfully Held for Domestic Imported Car Companies and Dealerships
Samjong KPMG announced on the 23rd that it held a seminar the previous day at Seoul Square for executives and employees of imported car companies and dealerships.
Byun Younghoon, Head of the Audit Division at Samjong KPMG, is delivering a greeting at a seminar for imported car dealers held on the 22nd at Seoul Square. Samjong KPMG
The seminar was attended by major imported car companies in Korea, and Samjong KPMG’s industry, accounting, and tax experts gave presentations. They shared industry response strategies and actionable plans focusing on the outlook for the imported car market, cases of artificial intelligence (AI) technology adoption, and key accounting and tax issues.
Kim Narae, Senior Researcher at the Samjong KPMG Economic Research Institute, gave a presentation on global automotive industry trends and sustainable growth strategies for the domestic imported car market. She stated, "Structural changes are accelerating in the global automotive market and the domestic imported car market," and emphasized, "To ensure continuous growth in the domestic imported car market, it is necessary to analyze the factors driving change at each stage of the customer experience and to develop differentiated strategies that meet customer expectations."
Executive Director Cho Yongho introduced cases of AI technology adoption in the imported car industry. He explained, "By utilizing AI to analyze vast amounts of data, companies can enhance their analytical capabilities and strengthen the strategic roles of each department," adding, "This enables companies to support swift decision-making."
Executive Director Choi Junseong addressed 'Key Accounting Trends and Issues in the Imported Car Industry.' He stressed, "In the current environment of strengthened accounting supervision and regulation, imported car companies and dealerships need to examine potential accounting risks," and added, "Ensuring accounting transparency contributes to enhancing corporate credibility and competitiveness."
Executive Director Ryu Suseok presented major legal precedents and recent tax law revisions relevant to the imported car industry. He advised, "It is important to assess tax risks based on recent key legal precedents in the imported car sector, and the latest tax reform will bring significant changes to risk management across the industry," recommending that "companies should conduct pre-assessments and establish systematic response strategies."
Kim Hyunseok, Executive Director of the Imported Car Service Team at Samjong KPMG, stated, "In the rapidly changing market environment, we will continue to provide practical support and tailored strategies so that domestic imported car companies can proactively respond to changes in accounting, tax, and management environments."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
