The Korea Housing Finance Corporation announced on October 6 that it has signed an agreement with the Industrial Bank of Korea to enhance audit capabilities and establish a culture of integrity.
This agreement aims to share expertise and operational experience in the audit field to improve audit outcomes and effectively implement internal controls and anti-corruption policies.
Under the agreement, both institutions will share audit techniques related to their specialized areas, including artificial intelligence (AI) and overseas offices, and will conduct cross-audits. They will also support each other and exchange information to advance their internal control systems.
Additionally, they plan to share best practices in anti-corruption and integrity policies and promote the exchange of professional personnel to enhance audit expertise.
Im Soo-gang, the Chief Auditor of the Housing Finance Corporation, stated, "I hope this agreement serves as a practical collaboration that goes beyond the exchange of audit techniques to promote a culture of integrity and enhance internal controls. We will continue to strive to be a public institution that earns the trust of the people."
* This article has been translated by AI.
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