분식회계의 실태와 효율적 제재방안

The Current Practices of Window-dressing in Accounting and Effective Control Methods

Window-dressing in accounting(accounting fraud) is that a corporate is distorting and displaying on the financial statement the fact that is related to financial information such as a operating result or a property state of a fiscal year etc. As we have experienced in DAE-WOO, KIA, SK-Global, HAN-BO, GO-HAB, HAI-TAI cases etc., accounting fraud is the antisocial crime which is not only the fraud act but also distorting a market function and eventually exerting serious influence on the national economy, Although the government has made various kinds of institutional and legal efforts to settle accounts transparency of corporate since the foreign currency crisis experienced in 1988 (IMF), accounting fraud is as increasing as ever in the scale side, and its technique is also becoming intelligenced and diversified increasingly. As such, this study is an attempt to review and analyse the current states of accounting fraud, its causes and contents, and then to explore proper countermeasures against it. Effective control methods have been discussed and suggested, depending on the four categories, that is, certainty of the detection, administrative sanction, civil penalty, criminal penalty.