국제회계기준 도입에 따른 연결재무제표의 주재무제표화가 재무제표 공시 및 회계감사 관련 제도에 미치는 영향

The most important change expected from the adoption of the International Financial Reporting Standards (IFRS) is that the current disclosure system based on separate financial statements will change to a new system based on consolidated financial statements. This paper examines potential problems in financial reporting and audit system due to the shift of disclosure base to the consolidated financial statements, and strives to find solutions. Specifically, this paper examines the following points in regard to the new disclosure system: revision of legislation, regarding scope of the consolidated financial statements, setup of notice due date for annual reports and interim reports based on consolidated financial statements, the relationship between consolidated and separate financial statements, and the issue of notice. This paper also seeks measures to address these issues, and analyze the setup of internal control systems for a consolidated entity, utilizing external auditors for a consolidated entity, auditor appointment and rotation, and consistency of auditors within a consolidated entity. In addition to problems addressed in this paper, other practical problems are anticipated as consolidated financial statements become the primary basis. Therefore, it is necessary that more in-depth and multi- layered research is carried out to detect problems following the adoption of the International Financial Reporting Standards and the shift of disclosure system to a consolidated entity, and solutions explored for the identifies problems.