home > About KAI/KASB > History

History

  • 2023

    03 Han Yi was elected as Chair of the KASB.

  • 2022

    12 Non-standing members of the Sustainability Standards Committee (5 members), Sustainability Advisory Committee (appointed 14 members)

  • 11 Establishment of Korea Sustainability Standards Board(KSSB)

  • 03 Se-hwan Park was reelected as Vice-Chair of the KASB.

  • 2020

    03 Kim, Eui-Hyung was reelected as Chair of the KASB.

  • 2019

    03 Se-hwan Park was elected as Vice-Chair of the KASB.

  • 2017

    03 Kim, Eui-Hyung was elected as Chair of the KASB.

  • 2016

    03 Sungsoo Kwon was reappointed as Vice-Chair of the KASB.

  • 2015

    11 The KASB Chair was officially appointed as Chair of the Asian-Oceanian Standard-Setters Group (AOSSG) at the 2015 Annual AOSSG Meeting in Seoul (two year term).

  • 2014

    03 Jee In Jang was elected as Chair of the KASB.
    Sungsoo Kwon was elected as Vice-Chair of the KASB.

  • 2013

    11 The KASB Chair was elected as Vice-Chair of the AOSSG.

  • 2011

    03 Suk Sig Lim was elected as Chair of the KASB.
    Chan-hong Kim was reappointed as Vice-Chair of the KASB.

  • 2008

    03 Chungwoo Suh was elected as chairman of the KASB.
    Chan-hong Kim was elected as vice chairman of the KASB.

  • 2005

    03 Hyo Ik Lee was elected as chairman of the KASB.

  • 02 Chungwoo Suh was elected as vice chairman of the KASB.

  • 2004

    01 Suk Sig Lim was elected as vice chairman of the KASB.

  • 2003

    03 Kosdaq Listed Companies Association joined the general membership

  • 2002

    07 Committee on Technical Questions and Answers was launched.

  • 03 Kee-young Chung was elected as chairman of the KASB.

  • 2000

    12 KOSDAQ Stock Market, Inc. joined the general membership and Kyung-ho Kim was elected as vice chairman of the KASB.

  • 10 The e-KASB club was opened.

  • 07 Legally commenced accounting standard-setting process pursuant to the External Audit of Joint-Stock Corporations Act.

  • 01 The External Audit of Joint-Stock Corporations Act was revised to delegate the duty of establishing accounting standards to an independent professional private organization.

  • 1999

    09 The Korea Accounting Institute was launched, and the KASB had its first meeting.

  • 08 5 non-standing members of the KASB and 20 members of the Korea Accounting Standards Advisory Council were appointed.

  • 06 The 13-member foundation held the first general meeting and elected Il-sup Kim as president of the Korea Accounting Institute and chairman of the Korea Accounting Standards Board(KASB), and Jang-youn Cho as vice chairman of the KASB.

  • 1998

    10 The Korean government and the IBRD agreed to establish an independent private- sector organization that sets accounting standards.

  • 05 The Special Commission on Accounting Institution proposed to establish an independent private-sector organization that sets accounting standards.

  • 1997

    06 The Financial Reformation Commission proposed to establish a special research institute of accounting standards setting.