Building trust with your stakeholders.
Building trust with your stakeholders.
Overview
Korean law requires statutory audits for companies meeting certain size thresholds. Even below those thresholds, many foreign headquarters require annual audits of their Korean subsidiaries for consolidation and governance purposes.
Korea Biz Bridge provides audit preparation support (Audit PA) to ensure your books are audit-ready, coordinates with your appointed auditors throughout the process, and helps resolve any issues that arise during fieldwork.
For companies that require voluntary audits, we help scope the engagement and select an appropriate audit firm.
What's included
- Statutory audit coordination
- Voluntary audit support
- Audit preparation (Audit PA)
How it works
Readiness Assessment
Review books and identify items that need resolution before audit fieldwork.
Pre-Audit Preparation
Prepare schedules, reconciliations, and supporting documents.
Audit Coordination
Liaise with auditors, respond to queries, and resolve findings.
Report Delivery
Finalize audit report and communicate results to headquarters.