Samil PwC recently unveiled an artificial intelligence (AI)-based internal accounting management system (K-SOX).
On the afternoon of the 16th, Samil PwC's governance center held a seminar on the theme "The Future of Corporations Created by Governance Advancement: Transparency and Trust" in Amore Hall on the 2nd floor of its headquarters in Yongsan, Seoul, where it first introduced the solution. The seminar demonstrated the process of uploading a company's internal control items and performing operational evaluations of the respective details.
Jung Sujeong, the director in charge of internal controls at Samil PwC, said, "Existing operational evaluations were often seen as having variance depending on the evaluator, as well as being low value-added activities. However, through AI-based operational evaluations, this will provide an opportunity to conduct consistent, high-quality evaluations, allowing professionals to focus on more valuable tasks."
During this seminar, various information related to internal controls and internal audits, which are essential parts of corporate governance, was shared, along with in-depth discussions surrounding the upcoming designated auditor exemption system. Around 500 participants from corporations, including board members, auditors, and employees from related departments, participated in the seminar, which was held both offline and online.