중소기업회계기준에 관한 연구

A adoption of IFRS in Korea for listed companies commenced voluntarily as the K-IFRS from 2009 and became a requirement onwards. On the other hand, small-and medium-sized unlisted companies can adopt a much simpler and easier accounting standard like the Accounting Standards for Small-and Medium-sized Entities(AS-SME) to reduce accounting costs and burden. AS-SME created a financial standard for small-and medium-sized unlisted companies. The Korean government must change korean commercial law. The adoption of AS-SME in Korea for small-and medium-sized unlisted companies has begun in 2013 as a trial period while 2014 is the officially government-recognized commencement year. The AS-SME makes financial reporting simpler and easier compared to K-IFRS and K-GAAP for small-and medium-sized entities as a result of economies of scale. So, this paper explains AS-SME and its differences as compared to the existing system of K-GAAP. The accounting standards of AS-SME are not a wholly new construct but a modification and derivation from the existing K-GAAP system. The aim for its development is to reduce accounting costs and burden because small-and medium-sized unlisted companies usually do not have sufficient accounting infrastructures and competent accounting personnels. Finally, this paper highlights four areas about AS-SME that are key concerns small-and medium-sized unlisted companies. Frist, the government must strive to further simplify AS-SME in its current form. Next, the gap between taxation and accounting standards must be minimized. Third, AS-SME should not create additional burdens or expenses for these companies. Most importantly, AS-SME must be truly utilitarian.