국가 및 지방자치단체 반기결산 적용 및 도입에 관한 연구

The Introduction of Semi-annual Financial Statements in the Korean Government

This study proposes the introduction of semi-annual financial statements in the Korean government. First, it is necessary to terminate the closing action by submitting the semi-annual financial statements to the Ministry of Strategy and Finance (either 45 days or 60 days after June 30). Second, if a semi-annual financial statement is prepared based on June 2019, the 2018 balance sheet can be used. An additional balance sheet must be prepared at the end of the second half of 2019. However, the statement of operations must be prepared for the period spanning from January 2018 to June 2018 and for the period spanning from January 2019 to June 2019. Third, an alternative method is needed to collect information from the dBrain system pertaining to non-linkage organizations for the semi-annual settlement of accounts. Fourth, semi-annual settlement is not possible under the current dBrain system (include e-hojo system). Therefore, when implementing the next generation system, semi-annual settlement logic must be incorporated. Fifth, it is necessary to determine how to settle the subsidy for semi-annual financial statements as executed through advance payment. Sixth, the expertise of financial accounting officers must be enhanced. Seventh, related to laws, including the National Accounting Act and the Local Accounting Act, must be amended to allow for semi-annual financial statements.