The "Transparency Report" has been prepared in accordance with Article 28 of the Enforcement Decree of the Act on External Audit of Stock Companies, and encompasses important matters regarding audit service quality control, including the governance framework of the accounting firm.
EU Regulation
Transparency Report
KPMG Samjong Accounting Corp.(KPMG Korea) registered in Professional Oversight Board(POB), the U.K regulatory and Commission de Surveillance du Secteur Financier(CSSF), Luxembourg regulatory on January 7, 2010 and July 14, 2010 respectively.
KPMG Korea complies with “Eighth Directive Regulations” which requires ‘Transparency Report’ to be made available on our website as the status of KPMG Korea was reclassified as ‘Equivalent’ registration in 2011. ‘Transparency report’ means the reports to be prepared by an audit firm of a public interest entity as specified in Article 40 of Directive 2006/43/EC.
The System of Quality Management Statement of Effectiveness
KPMG Samjong Accounting Corp.(KPMG Korea) operates the System of Quality Management(SoQM) as required by the International Auditing and Assurance Standards Board (IAASB)’s International Standard on Quality Management 1(ISQM1) and monitors its effectiveness annually.
The annual evaluation of KPMG Korea's SoQM as of 30 September 2025 concluded that the SoQM provides KPMG Korea with reasonable assurance that the objectives of the System of Quality Management are being achieved in accordance with ISQM1.
