개정 외부감사법상 감사인책임 관련제도의주요내용과 과제

September 28, 2017, the entire revised legislation of Amendments to the Act on External Audit of Stock Companies(hereinafter “External Audit Act”) passed the National Assembly plenary session in order to improve accounting transparency in Korea. Except for some schemes, the full revision bill will be implemented from 1 November 2018. The purpose of External Audit is to give the credibility of accounting of firms. On the basis thereof, so that Financial statement users can make more informed decisions about companies, and in order to realize sound development of the enterprise and stakeholder protection by appropriating the accounting treatment. But the accounting fraud of Daewoo Engineering & Construction Co., Ltd. and Monell in 2013, and the accounting fraud of Daewoo Shipbuilding & Marine Engineering Co., Ltd. in 2015 has been strongly raised the responsibility of the accounting firms. In this situations where a fundamental prescription is needed, all revisions were made to enhance accounting transparency and enhance credibility. This article study the auditor independence and system to improve audit quality and to strengthen supervision and sanctions on insolvent audits centering on the auditor responsibility-related systems under Amendments to the Act on External Audit.