Auditing LG Electronics and other companies

Auditing LG Electronics and other companies

I work for PwC with L1 visa and am in charge of an audit for Mando in automotive industry. I am also performing an audit for AGL Resources and Novelis.• AGL (Utility industry, Public company)• Novelis (Industrial product industry)• Mando America (Automotive industry, Subsidiary of Mando Korea)• ThyssenKrupp (Industrial product industry)

I was in charge of audit engagement for LG Electronics.

My experience in PwC Korea can be roughly divided into two parts. Experience in LG Electronics and other company for an audit, experience in purchase pricing allocation projects.For an audit, I have mainly worked as a member of LG Engagement team. From 2007 to 2011, I was a member of LG Engagement team.I performed an audit work from an audit planning to finalizing the audit. Based on the understanding of the business, I established audit strategy discussing with team members and… Show more My experience in PwC Korea can be roughly divided into two parts. Experience in LG Electronics and other company for an audit, experience in purchase pricing allocation projects.For an audit, I have mainly worked as a member of LG Engagement team. From 2007 to 2011, I was a member of LG Engagement team.I performed an audit work from an audit planning to finalizing the audit. Based on the understanding of the business, I established audit strategy discussing with team members and RCS team. Working with RCS team is essential, because LG Electronics is a huge company. During the interim audit, I performed test of controls with RCS team. I also performed substantive analytical procedures and test of details.(Cash and cash equivalents, Account Receivables, Inventory, Current and Differed Income Taxes, Gross Revenue, Cost of Sales, Operating Expenses) Since 2012, I am incharge of LG Engagement consolidation team.I reviewed the work papers, the financial statements and coached the staff.From 2007 to 2009, I also performed an audit as a team member in various engagements in CIPS industry. (Consumer & Industrial Products & Services) The sales volumes of those clients were between 20 million dollars and 200 million dollars. I performed test of controls, substantive analytical procedures and test of details for general accounts. Since 2010 fiscal year, I have been incharge of those clients. Throughout the experience as an incharge of many clients, I have learnt lots of things. (From audit planning to finalizing the audit, how to develop client relationship, how to manage the engagement team, how to coach staff and so on.) Based on my experience, I can modify audit procedures throughout the engagements based on specialized circumstances. Furthermore, I can work actively with RCS to develop the engagement audit strategy with the experience in LG engagement. Show less

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