내부회계관리제도의 정착화 방안

An internal accounting control system(IACS) is the procedure which is designed and operated to provide reasonable assurance on the reliability of financial reporting, preparation of financial statements and disclosure process. The primary contribution of this study is to enhance a general recognition of the necessity of IACS by presenting the effect of auditor's review opinion about IACS on financial statement audit. The purpose of this study was to analyze the trends of policies, external audit law, practical guidelines, vulnerable firm, external audit, earning management, and consolidated financial statement for IACS in Korea. This study is to find inferences and recommendations with respect to IACS program and the related terms, object, method for report, external audit, GAAP changes, internal manager, internal audit, and compliance officer. The suggestions in this research paper will provide some basic guidelines for the practice of the IACS regulation in Korea. In order to successfully adopt the IACS, the government must early present the overall related laws and direction heading for its improvement, and establish it, without hitch. Through these efforts, it is expected to reduce the uncertainties for amending laws and institutions, minimizing working burdens to be happened in the process of practical corporate activities. The result of this study may also provide both auditors and regulators with useful information for improving IACS.