• Journal of the Korea Society of Computer and Information
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• v.18 no.12
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• pp.179-188
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• 2013

This study looked into the whole features and problems about depreciation system of government capital assets in the way of the government accrual basis accounts and bookkeeping by double entry and then, tries to find a scheme to improve depreciation system for effective and efficient treatment about assets and expenses. In government accounts, depreciation system has been carried out turning around the entire accrual basis accounts be recognized government assets and applied capital asset accounts from 2011. Therefore, if depreciation system can be facilitated in order to retrench administrative expenditure and utilize assets and resources effectively under the accrual basis accounts, it would be good use of achievement evaluation in government accounts and information providing on the ground of more effective use to government's financial information.

• The Journal of the Korea Contents Association
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• v.7 no.1
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• pp.190-198
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• 2007

This study is to analysis the application statue of account and non-account information of the tax investigators, who are charging significant roles in the decision making process of the tax investigation and to verify whether work factors, regarding work performance, affect on the application of the taxation discretion. Following to verified results of the study, tax investigators apply the income statement most frequently and significantly consider the financial statement with annexed specification from the data to expedite an efficient tax investigation. In a selection of non-account information, work group preferentially considers the disorder of job performance. The analysis of primary factor embodies that the professionalism, regarding legal or institutional work performance, and the working environment intimately effect on the tax discretion application.

• Proceedings of the Korea Information Processing Society Conference
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• 2015.04a
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• pp.599-602
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• 2015

국내의 회계프로그램은 일반적으로 거래발생주의에 따라 차변과 대변을 기록하는 복식부기구조의 전표입력을 통한 분개처리 기반으로 이루어져 있다. 이러한 프로그램은 사용자로 하여금 일정수준의 회계지식을 요구한다. 그로인해 일반 중소기업처럼 회계담당직원이 없는 경우에는 회계전문가에게 의뢰를 하거나 도움을 받아야 한다. 본 연구에서는 재무보고서의 원천이 되는 전표발행에 있어서 거래사실만을 입력하면 복식부기의 기준에 맞게 자동분개처리 되어 전표서비스를 제공해줄 수 있는 시스템을 설계 및 구현한 결과를 보여준다. 이는 사용자들이 회계시스템을 쉽게 접근할 수 있는 회계프로그램 개발의 새로운 방향을 제시할 것으로 본다.

• 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.

• Management & Information Systems Review
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• v.36 no.1
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• pp.291-307
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• 2017

This study analyzes the effects of global diversification level on discretion accruals and firm value. In order to verify the hypothesis of this study, the sample of securities companies was selected from 2012 to 2015, and the final sample is 2,139 firm-year. The results of this paper are as follows : First, discretionary accruals increased as the diversification level increased. We conducted an additional analysis as to whether the increase in information asymmetry due to international diversification affects discretionary accruals. As a result, the increase of information asymmetry due to international diversification increased discretionary accruals. This analysis is consistent with EI Mehdi and Seboui(2001)'s study. Second, we analyze the impact of international diversification on corporate value. In previous studies, there was no consistent conclusion about the relationship between international diversification and firm value(Christophe and Pfeiffer, 2002; Denis and Vost, 2002; Bodnar and Wenintrop, 1997; Bodnar et al., 2003). Therefore, this study hypothesizes that the increase in discretionary accruals, which have been driven by international diversification, will have an impact on firm value. Aa a result of the analysis, we found that the increase in discretionary accruals due to diversification declines the firm value. This means that the increase in discretionary accruals due to diversification is utilized as and opportunistic means by taking individual gain of managers.

• Journal of the military operations research society of Korea
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• v.37 no.1
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• pp.49-70
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• 2011

This paper re-evaluated the research on the accounting information's effectiveness in military construction contracts, questioning the former research results on the central army's construction contract that was under the Qualification Assessment System, especially concerning the relations between the accounting information and the bidding ratios as well as the relations between the bidding rates and the defect rates, which targeted between 1 to 10 billions civil engineering, construction, electricity, telecommunication, and environment work types. Unlike the previous results, the relationship between the accounting information and the bidding rates was shown to be considerably limited that the bidding ratio could not be identified through the accounting information, while it could discern the relations with the defect rates. Furthermore, the proven results did not support the hypothesis that the differences in bidding rates could affect the defect ratio. However, through the prediction model of bidding and defect ratios, we could identity the accounting variables that influenced the ratios. Additionally through the results regarding the non-financial indexes in the Pre-Qualification items, the weight on these indexes could be adjusted. In conclusion, the research results has given us new understanding of the problems in the Qualification Assessment System which accounts for the majority of the current military construction contracts and provide validity on the government's expanded implementation of the Lowest Price Award System.

• Journal of Intelligence and Information Systems
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• v.10 no.1
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• pp.77-91
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• 2004

This research compares the use of accounting data versus market data in the prediction of bankruptcy. Comparison is made through neural networks so that prediction accuracy is model-independent. Results of this study indicate that both market and accounting data provide useful information on corporate bankruptcies. Interestingly, using market and accounting information together can achieve substantial gain in prediction accuracy.

• Information Systems Review
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• v.16 no.3
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• pp.215-242
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• 2014

This paper investigates accounting principles about social infrastructure on Korean National Accounting Standard and on National Accounting Standards from other countries that adopted a accruals- based national accounting standards. Social infrastructure as assets has important value in financial statements of Korea and deterioration or insufficient management of social infrastructure accompanies a huge social cost. Therefore, understanding the characteristics and related accounting standard for social infrastructure is necessary. To do this, we examine the accounting standards of U.S., New Zealand, and Australia. We also review the financial statement of local government. Based on these findings, this paper suggests that a preventive-asset management approach should be applied and alternative depreciation method for social infrastructures is developed. Moreover, a local government needs to provide important accounting information to the public in a timely and reliably manner.

• Journal of Digital Convergence
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• v.18 no.8
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• pp.111-118
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• 2020

This study conducted an empirical analysis of SSE-listed companies to verify the effects of evaluation and disclosure of internal control systems on the agency costs management and controlling shareholders. Agency costs can affect the valuation of accounting information as asymmetry of information in the relationship between a company and its stakeholders, or induce financial costs as an adverse selection. If the firm's agency costs are reasonable, the valuation of the company can also move in a relatively positive direction. In this study, the evaluation information of the internal control system was analyzed through sales management ratio and equity ratio as substitute variables to analyze the relationship between management and agent costs of the controlling shareholders. In addition, independent control ratio, capital balance ratio, and company scale were used as control variables, as a result of the analysis, the evaluation information of internal control was found to be related to the agency costs of managers and governance structure. This study can be conducted to positive factors in evaluating the reliability and corporate value of accounting information according to the evaluation of internal control of SSE-listed companies and helps to understand the financial reporting environment.

• Proceedings of the Korea Information Processing Society Conference
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• 2006.11a
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• pp.637-640
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• 2006

1997년 외환위기와 국내외 회계부정 사건들로 인하여 회계투명성 확보가 중요하게 부각되면서 산출된 재무정보에 대한 신뢰성만을 평가, 공시하던 기존의 재무보고 모형과 달리 재무정보 산출물뿐만 아니라 이 정보의 일련의 생성과정을 평가하고 결과를 공시하는 재무보고 내부통제시스템이 만들어지고 있다. 현재의 재무보고 내부통제시스템은 기존의 재무회계 정보시스템과 별도로 구성되어 재무정보 생성과정에서 필요로 하는 평가, 승인 및 인증 시통제에 대한 낮은 확신을 제공하고 있다. 이에 본 논문에서는 다양한 환경에 유연하게 적용할 수 있고 기존 시스템과의 연동을 쉽게 할 수 있는 J2EE 아키텍처를 활용하여 재무회계 정보시스템과 인터페이스를 통하여 주요 재무정보를 추출 EJB 컴포넌트로 구성하고 이 컴포넌트를 활용하여 수동통제보다는 자동통제를 할 수 있고 적발통제보다는 예측통제를 가능하게 하는 AC EJB 컴포넌트가 적용된 재무보고 내부통제시스템 개선 방안을 제시한다.