• The Journal of Asian Finance, Economics and Business
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• v.9 no.5
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• pp.135-145
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• 2022

To improve audit quality, certain Chinese auditing firms have added a third-level review by an additional signing auditor to the general evaluation by a signing auditor team consisting of an engagement auditor and a partner. Nonetheless, our research-based on 36,033 firm-year observations from 2004 to 2019 reveals that compared to the general review system, auditor teams under the three-level review system are less likely to issue modified audit opinions when abnormal financial conditions arise. This finding suggests that, while larger auditor teams' knowledge, experience, and information advantages can theoretically sharpen their judgment, their performance is more susceptible to interference from divergent opinions, the diffusion of responsibility, and lower energy invested by individual auditors, ultimately impairing their judgment regarding the audited enterprises' abnormal financial conditions. That is, the three-level review system, which aims to improve audit quality, actually worsens audit quality. This conclusion remains valid after the problems of heteroscedasticity and endogeneity are addressed by using firm-level cluster robust standard errors and two-stage regression. We hope that our research will draw the attention of auditing firms, prompting them to reconsider the rationality of the three-level review system.

• Progress in Medical Physics
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• v.33 no.4
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• pp.72-79
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• 2022

Purpose: The proficiency test was conducted to assess the performance of the dosimetry audit service provider in the readout practice of the dose delivered to patients in medical institutions. Methods: A certain amount of the absorbed dose to water for the high-energy X-ray from the medical linear accelerator (LINAC) installed in the Korea Research Institute of Standards and Science (KRISS) was delivered to the postal dose audit package given by the dosimetry audit service provider, in which the radio-photoluminescence (RPL) glass dosimeters were mounted. The dosimetry audit service provider read the RPL glass dosimeters and sent the readout dose value with its uncertainty to KRISS. The performance of the dosimetry audit service provider was evaluated based on the E_n number given in ISO/IEC 17043:2010. Results: The evaluated E_n number was -0.954. Based on the ISO/IEC 17043, the performance of the dosimetry service provider is "satisfactory." Conclusions: As part of the conformity assessment, the KRISS performed the proficiency test over the postal dose audit practice run by the dosimetry audit service provider. The proficiency test is in line with confirming the traceability of the medical institutions to the primary standard of absorbed dose to the water of the KRISS and ensuring the confidence of the dosimetry audit service provider.

• The Magazine for Energy Service Companies
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• s.4
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• pp.64-69
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• 2000

• Solar Energy
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• v.18 no.3
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• pp.31-39
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• 1998

Selection of a right weather data set has been considered as one of important factors for a successful building energy audit process. A set of 30 year raw weather data base for six major cities has been developed to provide the weather data file for building energy audit and retrofit analysis in Korea. The program named as KWDP(KIER Weather Data Processor) uses the DB to produce a right data set for a specific building energy performance simulation program like DOE2.1E. A program called WMAKE has been developed to generate the right set of input parameters for DOE2.1E weather utility program. The set of the programs could provide the right weather data for specific building energy audit and retrofit analysis.

• 한국태양에너지학회:학술대회논문집
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• 2012.03a
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• pp.286-292
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• 2012

In recent years, building energy has received much attention and there are many support system to reduce building energy consumption. In addition, It is clear that encouraging to energy efficiency investments can be beneficial to our society, because of the energy supply instability and higher energy price in Korea. Nevertheless, ESCO business, represent the existing building energy retrofit business, hardly has not expanded in Korea. besides, in the case of existing building, it is more difficult to achieve the energy retrofit measures than new building, due to the existing buildings have attributes such as a long life and a lots of energy factor, etc. Therefore, for activate ESCO business and expand ESCO bussiness target to small-to-medium building, it is needed to optimization of retrofitting methods for existing small-to medium buildings in Korea. this research was to derive energy retrofit methods through the energy audit and analysis performed for a small-to-medium building located in Suwon, Korea.

• Journal of Biosystems Engineering
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• v.38 no.4
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• pp.287-294
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• 2013

Purpose: Greenhouses for a protected horticulture covered with a plastic or glass are easy to have weakness in a heat loss by deterioration, damage, poor construction, and so on. To grasp the vulnerable points of heat loss of the greenhouses is important for heating energy saving. In this study, an on-site heat loss audit and energy consulting system were developed for an efficient energy usage of a greenhouse. Method: Developed system was mounted with infrared thermal and visual cameras to grasp the heat loss from the greenhouse quickly and exactly, and a trial calculation program of heating load of greenhouse to provide farmers with the information of heating energy usage. Results: Developed system could print out the reports about the locations and causes of the heat losses and improvement methods made up by an operator. The mounted trial calculation program could print out the information of the period heating load and fuel cost according to the conditions of greenhouse and cultivation. The program also mounted the databases of the information on the 13 horticultural energy saving technologies developed by the Korea Rural Development Administration and simple economic analysis sub-program to predict the payback period of the technologies. Conclusion: The developed system was expected to be used as the basic equipment for an instructors of district Agricultural Technology and Extension Centers to conduct the energy consulting service for the farmers within the jurisdiction.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.13 no.4
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• pp.279-288
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• 2001

This paper is to derive energy retrofit strategies through energy audit and analysis for a selected small-to-medium office building located in Seoul, Korea,. To activate ESCO business in Korea, our final goal is to develope a simple and adequate energy retrofit procedure through computer simulation. Calibration process was fairly successful eve without the aid of tough field measurement. In terms of annual energy consumption, the percent difference between the predicted and the monitored values were within a reasonable tolerance of $\pm10$%. Based on the calibrated baseline model and the systematic investigation of target building, retrofit measures were suggested with two categories such as architectural side and equipment side. Both selected parametric and interactive retrofit measure simulations resulted in various energy saving quantities and cost, thus the priority among the measures were made. If we were to select the more realistic and reasonable retrofit measure in future, economic estimate were should be practiced with the life cycle cost analysis.

• Solar Energy
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• v.11 no.2
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• pp.3-8
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• 1991

This paper reports the application of the PSTAR(Primary and Secondary Terms Analysis and Henormalization) method to a thermally massive passive solar house located in Daejeon, Korea. The house has approximately $156m^2$ of living area with 3 bedrooms and a living room, which embodies many passive solar features for energy conservation. The primary concern of this work was to properly evaluate the thermal behavior of a thermally massive building structure using the PSTAR method. Results show close agreements between the measured and renormalized values in most cases in which the simulation results from the audit description of the house deviate somewhat considerably.

• Korean Management Science Review
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• v.30 no.2
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• pp.107-116
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• 2013

Climate changes and environmental pollution recently became a matter of global interest. Korean government established low carbon green growth act in the light of international environment regulation and started demonstration certificate project for GMS (Green Management System). We aim to explore audit data resulted from demonstration companies that pursued the GMS certificate. The demonstration companies are consisted of 11 companies that a certification body L gave the certificate. The audit data results were formed by minor nonconformities detected in the field evaluation based on GMS standards, KS I 7001/2 : 2011. We found out significant differences for minor nonconformities between types of industry and between major clauses of Part 1 and Part 2 in GMS standards. We make an effort to figure out the implication of causes of the significant differences. These results are expected to contribute to understand GMS operation situations and are utilized as a reference for energy management, social responsibility, and green gas reduction.

• Proceedings of the Korea Air Pollution Research Association Conference
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• 2008.04a
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• pp.207-210
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• 2008