The Korea Listed Companies Association held a workshop for internal accounting staff at companies listed on the main board to discuss how to respond to changes in the accounting environment brought by the spread of artificial intelligence.
The association said on the 16th that it held the “2026 Listed Companies Internal Accounting Staff Workshop” over two days, Sept. 15 and 16, at Konjiam Resort in Gwangju, Gyeonggi Province, for about 100 internal accounting practitioners from main board-listed companies. The event was arranged to share recent issues surrounding the internal accounting management system and difficulties on the ground, and to expand practical exchanges among member companies.
The internal accounting management system requires companies to review and report on their own how their internal control systems are being operated, in order to secure the reliability of financial data. Under the current external audit law, a company’s chief executive must report on the operation of the internal accounting management system for each fiscal year to the shareholders’ meeting, the board of directors, and the auditor or audit committee. In principle, it applies to listed companies and to unlisted stock corporations with total assets of 500 billion won or more as of the end of the preceding fiscal year.
The impact of the spread of AI technology on corporate internal controls and accounting practice was a main topic at the workshop. Participants discussed ways to incorporate AI into internal accounting systems and to make greater use of financial data, centered on “internal control measures suited to the AI era.”
In detail, the sessions covered the latest trends in the internal accounting management system and audit responses, along with internal controls in the AI era and the shift toward enterprise-wide risk management. They also addressed points to consider when applying AI to actual internal accounting work and ways to innovate practices to improve efficiency. An exchange program was also held in which staff from each company shared their experience in building and operating the internal accounting management system and cases of responding to changes in the regulatory environment.
Kang Kyung-jin, head of the association’s Policy Division 2, said, “With the accounting environment changing rapidly, including the adoption of AI, companies also need to overhaul how they run their internal accounting management systems so that they can use AI to improve the efficiency of accounting work while securing the reliability of financial data.”
#KLCA#InternalAccounting#InternalControls#AIAccounting#KoreaMarkets#CorporateGovernance
Original reporting by Park Shin-won for Seoul Economic Daily.
AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.
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