About KARI
Vision
The Korea Accounting Research Institute(KARI) conducts innovative and forward-thinking research on financial reporting to promote transparency and sustainability in the Korean economy. Through this work, KARI consistently contributes to foundational, practical and institutional advancements in financial reporting
Purpose
By investigating, examining and analyzing issues related to corporate financial reporting, we contribute to the development of financial reporting standards and policies that support efficient decision-making regarding economic resources
Research Team
- Hyun-Duck Choii(Senior Director)
- Hyungjin Cho(Technical Director)
- Byungjin Kwak(Visiting Professor / Professor of KAIST)
- Minsup Song(Visiting Professor / Professor of Sogang Univ.)
- Haewon Moon(Senior Technical Manager)
- Seulgi Oh(Assistant Technical Manager)
Current Research Project
IFRS 17(Insurance Accounting)
- Regarding the dual reporting system of GAAP and SAP in IFRS 17, we plan to conduct a survey targeting insurance firms and auditors and prepare a policy report(Seung Youb Han, Ewha Womans University)
IFRS 18(Presentation and Disclosure in Financial Statements)
- Conduct an analysis of the impact of IFRS 18 on the operating profit of domestic listed firms
- Perform an empirical analysis earnings quality based on operating profit under IFRS 18
- Conduct a comparative analysis of financial statement comparability among countries that have adopted IFRS 18
Dynamic Risk Model(DRM)
- In relation to the DRM Project, we plan to conduct a survey of financial institutions and accounting firms to gather opinions on hedge accounting(K-IFRS 1109 ‘Financial Instruments’ and K-IFRS 1039 ‘Financial Instruments: Recognition and Measurement’), focusing on awareness, information usefulness, and concerns, and compile a report
Biodiversity
- Analyze international trends in biodiversity disclosure
- Evaluate the level of biodiversity disclosure among domestic firms
- Examine main issues by industry and the responses of leading domestic firms
- Propose directions for corporate policy and institutional improvements
Scope 1 and 2 Emissions Calculation
- Investigate domestic and international case studies on Scope 1 and 2 emissions calculation
- Compare and analyze the methodologies for setting organizational boundaries under consolidated standards and the domestic emissions trading system
- Provide case studies and analysis of organizational boundary setting under consolidated standards
IFRS Research Forum
The Korea Accounting Institute(KAI), in collaboration with the Korean Accounting Association, will continue to host the annual ‘IFRS Research Forum’ with the goal of encouraging high-quality academic research related to IFRS. The findings from these research efforts are intended to be integrated into the development and application of IFRS standards, contributing to the establishment of robust accounting standards
Post-Doctoral Fellowship Program
The ‘Post-Doctoral Fellowship Program’ is aimed at individuals who have obtained a PhD in accounting or sustainability accounting (within one year). The fellow serves one year on the Korea Accounting Research Institute(KARI) staff and engages in research related to accounting standards and sustainability disclosure standards.
The program provides motivated researchers with opportunities to observe and participate in the development and revision of financial reporting standards, engage in research activities, and gain diverse experiences. Additionally, it encourages the presentation of research findings at international conferences, fostering their professional growth.
The program provides motivated researchers with opportunities to observe and participate in the development and revision of financial reporting standards, engage in research activities, and gain diverse experiences. Additionally, it encourages the presentation of research findings at international conferences, fostering their professional growth.