External Investigation under ACT ON EXTERNAL AUDIT OF STOCK COMPANIES, Etc.
HM conducts independent investigations as 'External Experts'
ACT ON EXTERNAL AUDIT OF STOCK COMPANIES, Etc.
(Enforcement Date 01. Nov, 2018.)
- If an auditor finds, in performing his/her duties, any wrongful act or any grave fact in violation of statutes or the articles of incorporation concerning a director’s performance of duties, the auditor shall inform the statutory auditor or the audit committee thereof.
- The statutory auditor or the audit committee in receipt of a notice of a violation of the accounting standards pursuant to paragraph (2) shall appoint an external expert at the company’s expenses and assign him/her to inspect the fact of the violation; and shall request the representative of the company for correction, etc. depending on the findings thereof. The outcomes of the company taking corrective actions, etc. to the Securities and Futures Commission and the auditor.
External Investigation Experts
External Investigation Report
| Traditional Paperwork Investigation |
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| Interview on related person |
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| Digital Forensic-based Audit |
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