부실감사의 처벌과 회계부정의 근절 가능성 ¨ 대우조선해양 회계부정 판결에 대한 비판적 검토

Since the passage of Act on External Audit, companies have been complaining about the cost of strict audits. But this is not simply a matter of Act on External Audit. The increase in the cost of external audits is due to the strengthening of criminal punishment, and it is necessary to review the judgment of the false audit on the Daewoo Shipbuilding & Marine Engineering. Auditing has certain limitations, so the discovery of posterior distortions does not necessarily mean that the audit failed. However, the general perception is that there is a difference in expectation of expecting more than this on audit. In law, there may be hindsight bias after the occurrence of the incident, believing it was predictable. Criminal judgments of the Daewoo Shipbuilding & Marine Engineering also have these problems. To punish the auditors’ perceived negligence as a willful intention did not take into account a difference in expectation, hindsight bias, and the nature of the audit work to consider various stakeholders. In addition, internal monitoring organizations and employees have not been punished, and the auditors in their groups are not properly asked for supervisory responsibility, so the effect of preventing fraud seems to be low. It is positive that the wrong practice is overcome by expanding the object of criminal punishment, but social consensus will be needed for the increase in the cost of external audit and the cost sharing.