|
Board Of Audit And Inspection
The Board of Audit and Inspection (, BAI) is a national organization headquartered in Seoul, South Korea. Its primary function is the audit and inspection of the accounts of state and administrative bodies. See also *Anti-Corruption and Civil Rights Commission *Corruption Investigation Office for High-ranking Officials The Corruption Investigation Office for High-ranking Officials (), or CIO in short, is an independent agency of the South Korean government responsible for prosecuting crimes and investigating allegations involving "high-ranking officials" or the ... References External links * Government agencies of South Korea Government audit Supreme audit institutions Jongno District {{SouthKorea-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jongno District
Bosingak bell pavilion Jongno District () is a district () in central Seoul, South Korea. It takes its name from a major local street, Jongno, which means "Bell Road". Characteristics Jongno District has been the center of the city for 600 years, since it is where the Joseon dynasty established its capital city. Jongno District is commonly referred to as the face and heart of Korea because of its important roles in the politics, economics, culture, and history as the capital city. Jongno District is home to palaces in which the kings used to reside and work, such as Gyeongbok Palace, Changdeok Palace, Changgyeonggung and Unhyeon Palace. The South Korean president's former residence, the Cheongwadae, is also located in the Jongno District. Due to its rich history, Jongno District attracts visitors and tourists, especially those interested in Korean history and culture. These include the restored Cheonggyecheon stream, the traditional neighborhood of Insa-dong, and the Jongmyo s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seoul
Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 of the 1948 constitution. According to the 2020 census, Seoul has a population of 9.9 million people, and forms the heart of the Seoul Capital Area with the surrounding Incheon metropolis and Gyeonggi province. Considered to be a global city and rated as an Alpha – City by Globalization and World Cities Research Network (GaWC), Seoul was the world's fourth largest metropolitan economy in 2014, following Tokyo, New York City and Los Angeles. Seoul was rated Asia's most livable city with the second highest quality of life globally by Arcadis in 2015, with a GDP per capita (PPP) of around $40,000. With major technology hubs centered in Gangnam and Digital Media City, the Seoul Capital Area is home to the headquarters of 15 ''Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of South Korea
The president of the Republic of Korea (), also known as the president of South Korea (often abbreviated to POTROK or POSK; ), is the head of state and head of government of the Republic of Korea. The president leads the State Council, and is the chief of the executive branch of the national government as well as the commander-in-chief of the Republic of Korea Armed Forces. The Constitution and the amended Presidential Election Act of 1987 provide for election of the president by direct, secret ballot, ending sixteen years of indirect presidential elections under the preceding two authoritarian governments. The president is directly elected to a five-year term, with no possibility of re-election. If a presidential vacancy should occur, a successor must be elected within sixty days, during which time presidential duties are to be performed by the prime minister or other senior cabinet members in the order of priority as determined by law. The president is exempt from criminal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Audit
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, and evaluate the propositions in their auditing report. Audits provide third-party assurance to various stakeholder (corporate), stakeholders that the subject matter is free from Materiality (auditing) , material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other commonly audited areas include: secretarial and compliance, internal controls, quality management, project management, water management, and energy conservation. As a result of an audit, stakeholders may evaluate and improve the effecti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Account (accountancy)
In bookkeeping, an account refers to assets, liabilities, income, expenses, and equity, as represented by individual ledger pages, to which changes in value are chronologically recorded with debit and credit entries. These entries, referred to as postings, become part of a ''book of final entry'' or ledger. Examples of common financial accounts are sales, accounts receivable, mortgages, loans, PP&E, common stock, sales, services, wages and payroll. A chart of accounts provides a listing of all financial accounts used by particular business, organization, or government agency. The system of recording, verifying, and reporting such information is called accounting. Practitioners of accounting are called accountants.John Downes, Jordon Elliot Goodman, Lucas Pacioli Dictionary of Finance and Investment Terms 1995 Barron Fourth Edition page 3 Classification of accounts Based on nature An account may be classified as real, personal or as a nominal account. Example: A sales ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anti-Corruption And Civil Rights Commission
The Korean Anti-Corruption and Civil Rights Commission (ACRC) was launched on February 29, 2008 by merging three related government entities: the Ombudsman of Korea, the Korea Independent Commission Against Corruption and the Administrative Appeals Commission. The consolidation of these three organizations was intended to provide citizens with a speedier and more convenient service for filing public complaints and administrative appeals, and for thereby fighting corruption. ACRC is intended to overhaul the legal and institutional framework in order to offer more convenient and efficient public service to the people by swiftly resolving grievances and spreading a culture of integrity. Functions The Anti-Corruption and Civil Rights Commission (ACRC) performs the following three functions: * Handle and address public complaints and improve related unreasonable systems * Build a clean society by preventing and deterring corruption in the public sector * Protect people's rights fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corruption Investigation Office For High-ranking Officials
The Corruption Investigation Office for High-ranking Officials (), or CIO in short, is an independent agency of the South Korean government responsible for prosecuting crimes and investigating allegations involving "high-ranking officials" or their direct family members. The CIO is expected to police almost 6,500 "high-ranking officials" - incumbent and former - and their spouses and children. The Act specifies the posts as high-ranking government officials, parliamentarians, prosecutors, judges and the President. However, its investigative authority limits to cases related to certain crimes defined by the Act leaving other sorts of allegations and crimes - sexual harassment case for instance - to the Supreme Prosecutors' Office for investigation and prosecution. History The Act on establishment and operation of CIO was passed by the parliament in December 2019 and taken into force in July 2020. However, due to the then opposition party's refusal to cooperate by not nominatin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Of South Korea
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Audit
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
