• Proceedings of the Korean Society of Computer Information Conference
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• 2011.06a
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• pp.25-27
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• 2011

본 논문에서는 경제의 글로벌화를 반영하는 세계적인 현상인 국제회계기준 채택에 대하여 회계 관련사항을 내재하고 있는 기업의 전사적 관리 소프트웨어인 국산 ERP 시스템에 대하여 세금처리의 투명성을 향상시킬 수 있는 방법론적 모델을 해외 ERP의 장점을 통하여 연구한다. 국제회계기준은 기업요소에서 가장 중요한 자본의 국제적인 이동이 기본적 사항으로 기업의 소재지에 대한 국가표시와 관계없이 재무제표의 정보가 투명하고 비교 가능하도록 국제적으로 단일한 회계기준이 사용을 요구한다. 이러한 환경 변화에 따라 국제회계기준(International Financial Reporting Standards: IFRS)의 필요성과 중요성이 확대되어지고 있으며 국제회계기준위원회(International Accounting Standards Board: IASB)의 영향력까지 강화되어지고 있다. 본 논문은 국제회계기준에 맞춘 회계처리 부분의 투명성 향상 모델을 연구하기 위하여 국내에서 많이 사용되고 있는 국산 ERP 소프트웨어 프로그램에 대하여 국제회계기준과 상반되는 현상을 유발하는 기준이 되는 부분을 상호 보완할 수 있는 해외 ERP 소프트웨어 프로그램을 기반으로 기업 시스템을 분석, 구현한다. 국산 ERP 시스템의 국제회계기준 처리와 관련된 단점은 송장의 수정, 삭제가 용이하며 수정, 삭제 후 이력이 남지 않는 부분이다. 이 부분은 국제회계기준에서는 신뢰성에 대한 중대한 문제를 유발하므로 외산 ERP패키지의 장점인 수정과 삭제 단계가 계층적이며 수정, 삭제를 하더라도 필수적으로 이력전체가 저장되는 시스템을 연구하며 특히 세금처리 부분이 상이한 점을 보완하기 위한 모듈을 추가한다. 수정, 삭제에 대한 이력관리는 담당자의 전문적 능력평가와 동시에 실수와 오류부분에 대한 통계를 통하여 관리의 향상성을 추구하여 투명성이 향상된 모델 구축에 활용할 수 있다.

• Journal of Digital Convergence
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• v.8 no.3
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• pp.143-154
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• 2010

This paper is to understand what effects the introduction of IFRS(International Financial Reporting Standard) will have on legacy AIS(Accounting Information System) and how to minimize the problems of that. In order to meet that purpose, we have to recognize the difference between K-GAAP(Korea-Generally Accepted Accounting Principles) and K-IFRS(Korea-International Financial Reporting Standards) first. And then we try to find out what effects the difference between K-GAAP and K-IFRS will have on the legacy AIS. In order to avoid the disorder When K-IFRS will be introduced to the company, new functions have to be added to existing system in proper manner and some existing functions should be changed correctly according to K-IFRS. And CIO(Chief Information Officer) should have to make a careful decision what is the better solution between in-house development and outsourcing for developing new system.

• The Journal of the Korea Contents Association
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• v.14 no.7
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• pp.427-434
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• 2014

In this research, it is empirically tested whether firm value after the adoption of IFRS is increased in Korea and China using Tobin's Q model. In Korea, IFRS was mandatorily adopted in 2011 for all companies. China mandated IFRS conversion for public traded companies starting 2007. The revisions bring Chinese standards closer to the IFRS benchmark of internationally recognized quality, but the new standards will not be word-for-word translations of IFRS, though they founded on similar principle. We expect the different adoption process between Korea and China can make different impact of IFRS on firm value. The results are summarized as follows. First, Tobin's Q seems to be increased after the adoption of IFRS, and the firm value is significantly different between before and after IFRS adoption in Korea. Second, Tobin's Q seems to be increased after the adoption of IFRS, but the analysis by t-test is not significantly higher for post IFRS. These results could be a good finding in that the impact of IFRS adoption on firm value is different by adoption process.

• Korean small business review
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• v.42 no.2
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• pp.1-22
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• 2020

This paper examines the effect of the adoption of international financial reporting standards(IFRS) on the financial reporting of SMEs. As IFRS is principle-based, management's discretion is needed to reflect the economic substance of transactions, and a sound internal accounting infrastructure is needed to support the judgment process. In the case of SMEs, the internal accounting infrastructure is not well established, which makes it difficult to apply principle-based accounting. The survey analysis of 132 small and medium-sized business accounting managers listed in the domestic stock market showed that the reliability of financial statements has increased due to the introduction of IFRS. In particular, SMEs perceived their financial statements as being more reliable after the adoption of IFRS than midsize companies. However, it was found that the costs and risks from the preparation of financial statements have increased significantly, and conflicts between auditors and supervisory authorities related to the application of the principles have increased. In particular, midsize companies felt the increase in conflict with auditors and supervisory authorities bigger than small companies. As for the practical difficulties in applying IFRS, both small and medium-sized companies have difficulty in interpreting the standards and lacked guidelines. In order to resolve these difficulties, it is necessary to enhance the function of Q&A by the Korea Accounting standard board(KASB) or Financial Supervisory Service(FSS). In conclusion, the reliability of the financial statements of SMEs has improved with the introduction of IFRS. However, we believe that policy and institutional support is needed in order to have better financial reporting for SMEs.

• The Journal of the Korea Contents Association
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• v.13 no.5
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• pp.387-395
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• 2013

Insurance accounting is the process of identifying, measuring, and communicating economic information to permit informed judgements and decisions by users of the insurance information. With the Korean-International Financial Reporting Standard(K-IFRS) on accounting for insurance contracts to be finalized by 2011 in Korea, the fair value accounting is expected to greatly affect the insurance industry in terms of insurance company' financial statements. This research analyzes the effect of financial statement as K-IFRS on the insurance accounting by comparing the financial statements of the listed company using past insurance accounting standard and the current K-IFRS standard. We analyzed the matched pair sample at loan amount, insurance contract debt, total assets amount, total debts amount, total capital amount in the financial statements of the listed 12 insurance company. We found that insurance contract debt, total assets amount, total debts amount, total capital amount are difference before and after K-IFRS applied insurance company.

• Journal of Digital Convergence
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• v.14 no.8
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• pp.105-113
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• 2016

This study analyzed and verified panel data based on CSMAR (China Stock Market & Accounting Research) DB from 2002 to 2014 in order to find out significant differences of conservative accounting before and after Chinese companies adopted international accounting standards. Financial changes in companies can occur at the point of change in accounting standards, and as the difference would affect conservative accounting, it is important to understand conservatism in financial transaction. In this study, earnings per share and price, return on equity, and debt ratio were measured. As a result of analysis, conservative accounting has increased after the introduction of accounting standards, and as the debt ratio was higher, the proportion of conservative accounting was higher. Thus, at a certain point of change in accounting standards, companies apply conservative accounting in order to improve reliability in an unstable future financial environment. Therefore, this study is expected not only to practically influence business practice in changes in GAAP rules but also to provide useful guidance for future studies.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.14 no.6
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• pp.1359-1364
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• 2010

In International Financial Reporting Standards(IFRS), companies have difficulties in managing efficiently own accounting rules and demonstrating the adequacy of accounting processes with the conventional accounting system. BRMS(Business Rule Management System) provides methods for managing, processing, and monitoring these accounting rules according to accounting principles and situation. This paper proposed the BRMS-based financial programming framework for managing and processing the accounting principles and the own accounting rules.

• Journal of Digital Convergence
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• v.11 no.5
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• pp.135-144
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• 2013

The purpose of this study is case analysis on adopting process of K-IFRS and financial effects of SBS Media Holdings Co., Ltd. Adoption process is divided into two stages, To analyze the effect due to changes in accounting standards and to run this, system change and build a range-determining step in the IT sector. Showed that had the most significant impact on the financial effects due to changes in the target's of consolidated F/S and inventories and intangible assets(broadcasting content assets).

• Journal of Digital Convergence
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• v.9 no.2
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• pp.33-40
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• 2011

It is very difficult to predict what effects the introduction of IFRS(International and Financial Reporting Standars) has on the existing system. Only the cautious and careful adoption of new system will minimize the confusion. The purpose of this paper is to propose appropriate design and construction of IS on financial statement according to the introduction of IFRS(International Financial Reporting Standard) in order to minimize the confusion. In order to meet that purpose, suggestions on five areas in consolidation financial statement are proposed. Those five aspects are as follows: Area of SPE Consolidation, Area of internal transaction setoff, Area of unrealized gain or loss setoff, Area of eliminate the investment account against the stockholder's equity, Making Consolidation footnote and Consolidation CoA as other area.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2010.05a
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• pp.184-186
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• 2010

최근 모든 상장기업에 도입이 의무화된 국제회계기준(IFRS : International Financial Reporting Standards)의 주요한 특징 중에 하나는 원칙 중심이기 때문에 꼭 필요한 원칙만을 규정하고 나머지는 기업들이 자율적으로 작성하도록 허용하고 있다는 것이다. 이러한 특징은 기업 스스로의 작성규칙을 합리적으로 관리하고, 처리의 적절성을 증명해야하기 때문에 기존의 획일적인 회계처리시스템으로는 이러한 회계처리규칙을 효율적 관리를 하기 어려운 문제를 안고 있다. 비즈니스 룰(Business Rule)을 관리하고 처리하는 BRMS(Business Rule Management System)는 이러한 회계처리 규칙들을 원칙과 자율적인 회계규칙들로 나누고, 상황에 따라 자율적인 회계규칙들의 적용과 적용결과를 모니터링하고, 관리할 수 있는 방법을 제공할 수 있다. 본 논문에서는 BRMS의 비즈니스 룰에 의하여 처리되는 회계프로그래밍의 틀을 제시함으로써 정해진 회계원칙과 자율적인 회계규칙을 반영하여 회계를 처리하고 관리할 수 있는 방안을 제시한다.