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Assurance > Services > Ernst & Young - Ernst & Young - Korea

A tailored service and a consistent methodology


Around the world, the journey to success is governed by increasingly complex and broadening regulatory requirements and stakeholder demands.

Strong independent assurance helps meet these demands by providing a timely and constructive challenge to management, a robust and clear perspective to audit committees and critical information for investors and other stakeholders.

The quality of our audit starts with our 60,000 assurance professionals who have the breadth of experience that comes from auditing many of the world’s leading and fastest growing companies and to whom we provide the best available ongoing personal and professional development. We provide a consistent worldwide audit by assembling the right multi-disciplinary team to address the most complex issues, using a proven global methodology and deploying the latest, high quality auditing tools and perspectives.

And because we understand that, to achieve your potential, you need a tailored service as much as a consistent methodology, we work to give you the benefit of our deep sector knowledge, our full subject matter expertise and the latest insights from our work worldwide. It’s how Ernst & Young makes a difference.

IFRS Outlook January/February: A look back, a look forward

We spoke to representatives from the EU and Australian securities regulators to get their views on the impact of adopting IFRS, as well as the lessons that other countries that are currently adopting IFRS can learn from the EU and Australian experience.

Five highly charged risk areas for internal audit
 
The low-carbon economy opens up not only new opportunities for organisations to increase revenue and reduce costs, but also the need to manage a wide variety of new risks. For the Internal Audit function, identifying and understanding these risks and how they affect the organization is critical.


Back seat or center stage? CFOs and the media
More CFOs are talking on a broader range of topics across more varied media channels than before. How are CFOs meeting these changing demands? Learn more in our Master CFO Series report.
Dramatic changes ahead for lease accounting

Lease accounting is changing and will affect a broad range of companies.  But when?  And why? Read our report to get answers your questions.

Meeting today's financial challenges

A number of transformational events and trends are reshaping the global business landscape. Financial challenges currently facing companies around the world must be addressed by management, the audit committee and an external auditor. Assess your most critical business issues and identify the best way to respond to those challenges.

Accounting for emission reduction and other incentive schemes
A number of governments around the world have implemented schemes to reduce carbon emission levels and promote investment in alternative forms of energy. In Accounting for emission reduction and other incentive schemes (pdf, 604.3kb) , we explore the accounting issues that arise from these schemes, illustrating some of the different practices that have arisen. Click here to download Korean version (pdf, 3.7mb) .
Finance performance improvement starts with framework

Amid signs of economic recovery, we suggest in The future of Finance (pdf, 248.8kb) that CFOs establish and implement a holistic framework that identifies weaknesses and potential improvements, and which helps enable Finance to be more effective, lower costs and help deliver more value to the bottom line.

Ernst & Young Chairman and CEO welcomes IFRS

Read the op-ed article by Ernst & Young Chairman and CEO Jim Turley, from the Wall Street Journal, arguing that US GAAP should be replaced by IFRS (pdf) by a specific date. Such a move would enable US companies to begin preparing now and would provide impetus to confront needed legal and regulatory changes, he says.

Contacts

Kyung Sik Yoon
Service Line Leader
Tel: +82 2 3787 6370

IFRS Tools

IFRS Publications 


Global IFRS Resources

IFRS graphic

Please see our Global IFRS site for additional resources, including Ernst & Young's global IFRS newsletter, IFRS outlook and web based learning modules.

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Build your own I-GAAP library with GAAIT

GAAIT is Ernst & Young's online resource for understanding major GAAP frameworks from around the world. Learn more about GAAIT and our I-GAAP subscription channel.

International GAAP available in hard copy

Get the most comprehensive guide to interpreting and implementing IFRS. Available in a two-volume set.

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