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1. The Defendant’s respective supervision results indicated in attached Table 1, as indicated in attached hereto, with respect to Plaintiff A Accounting Corporation, B, C, and E on December 12, 2014.
Reasons
1. Details of the disposition;
A. Plaintiff A Accounting Corporation (hereinafter “Plaintiff”) is an auditor who has conducted an external audit (hereinafter “the 57 audit”, “the 58 audit”, “the 58 audit”, and “each of the instant audits”) for the 57 period (from January 1, 2011 to December 31, 201) and its subordinate companies (from January 1, 2011 to December 31, 201) and the 58 period (from January 1, 2012 to December 31, 2012) of the consolidated financial statements. Plaintiff B, C, D, and E are certified public accountants belonging to the Plaintiff corporation, who participated in all or part of the instant audits and actually performed the audit.
B. On March 15, 2012 (No. 57) and March 14, 2013 (No. 58) each of the instant audits reveals that F and its subsidiary companies’ consolidated financial statements are adequate, and each of the audit reports was prepared.
C. As a result of conducting accounting supervision on each of the above audit reports, the Defendant determined that the Plaintiffs neglected to conduct the audit procedures on the allowances for bad debts of sales claims and inventory assets as stated in the reasons for the following measures, and neglected to conduct the audit on the said audit reports, that F appropriated the bad debts of KRW 226.99 billion in the annual audit of KRW 57,000,000 in excess of the bad debts allowances of KRW 29.163 billion in equity capital and net income, each of the 58-year auditors failed to reflect in each audit report the amount of KRW 21.47 billion in bad debts allowances of KRW 21.47 billion in the annual audit, and that F failed to reflect in each audit report the amount of KRW 16(1)1 and Article 16(1)5(1) of the Act on External Audit of Stock Companies (hereinafter “ External Audit Act”) and Article 54 of the Regulations on External Audit and Accounting, etc. (hereinafter “Special Audit Act”) in addition to Plaintiff C’s (1) year 1), 70, 3436.3 years in addition to Plaintiff Company, and 4.