개정 국제품질관리기준 도입 시의 영향과 대응방안

Impact and Responses to the Adoption of Revised International Quality Management Standards

본 연구는 2022년부터 국제감사인증기준위원회(IAASB)에 의해 시행되고 있는 ISQM1, ISQM2, ISA220(Revised)이 우리나라의 품질관리기준서의 바탕이 되는 ISQC1과 차이나는 부분을 살펴보고 그에 따른 영향을 분석하며, 우리나라에 도입하기 위해 고려해야할 사항과 대응방안을 마련하기 위해 시행되었다. 본 연구는 ISQM1, ISQM2, ISA220(revised)와 ISQC1, ISA220과의 주요 차이점을 분석하였다. 우리나라의 ISQM의 도입 필요성, 도입 시 실무상 고려사항, 종전 ISQC1과의 차별적인 cost-benefit 등을 파악하기 위해 회계법인 품질관리실 전문가 및 감독기관의 품질감리 담당자를 대상으로 심층인터뷰를 실시하였다. 분석 및 조사결과를 바탕으로 ISQM의 성공적인 도입을 위한 대응방안에 대해 제안하였다. 본 연구는 ISQM에 대한 이해를 높이고 ISQM 도입 영향을 평가할 수 있는 근거를 제공하며, 이를 통해 우리나라에 ISQM이 성공적으로 도입되는 데에 기여 할 것으로 기대한다.

This study was conducted to analyze the differences between the revised ISQM1, ISQM2, and ISA 220 (Revised), which have been implemented by the International Auditing and Assurance Standards Board (IAASB) since 2022, and ISQC1, which forms the basis of Korea's quality control standards. It also aims to examine the resulting impacts and to prepare considerations and policy for their introduction in Korea. This research analyzed the main differences between ISQM1, ISQM2, ISA 220 (revised) and ISQC1, ISA 220. To understand the necessity of introducing ISQM in Korea, practical considerations for implementation, and the differential cost-benefit compared to the previous ISQC1, in-depth interviews were conducted with experts from the quality control departments of accounting firms and quality inspection personnel from financial supervisory institutions. Based on the analysis and survey results, proposals for successful implementation of ISQM were suggested. The main conclusions of this study, based on theoretical analysis and interviews, are as follows. First, most interview respondents acknowledged the need for the introduction of ISQM, citing the necessity of a SOQM to proactively address the rapidly changing accounting environment, the international consistency of quality management standards, and the benefits of improving group audit quality. However, they also noted concerns about increased costs and workload, including the need for separate resources for risk assessment, and challenges in documenting EQR. Second, it is important to explore ways to prevent excessive burdens on audit firms that could drive up audit fees. The introduction of a principles-based ISQM may increase the discretionary judgments of audit firms in establishing and operating their SOQM, potentially leading to disagreements with Financial Supervisory Service. To mitigate this, guidelines should be provided to reduce uncertainty and information asymmetry. Third, to support the introduction of ISQM for KICPA, providing training and guidelines is essential. Due to ISQM's complexity and its significant differences from ISQC1, audit firms must educate their staff and offer detailed manuals. Research and guidance of exemplary matrix cases related to risk assessment and response measures for Non-Big 4 audit firms are necessary. This study is expected to enhance understanding of ISQM, provide a basis for evaluating the impact of ISQM implementation, and thereby contribute to the successful introduction of ISQM in Korea.