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Building a betterworking world
EY Han Young
EY Han Young is the Korean member firm of EY,
a global leader in assurance, tax, transactions and
advisory services with 175,000 experts across
148 countries. Our well-grounded 1,300 experts
with a strong commitment to quality deliver
exceptional client service.
C O N T E N T S
Vision 2020 02
Competitive Differentiation 04
Global Network 06
Services 08
Assurance 10
Tax 12
Transactions 14
Advisory 16
Financial Services Organization 18
Entrepreneurship 20
Corporate Social Responsibility 22
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Building a better working world
Vision 2020
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Vision 2020With the announcement of Vision 2020, EY has defined
“Building a better working world” as the purpose for the
organization. As a professional service provider, we are
dedicated to enhancing the confidence in the world’s
capital markets and building a better working world for
our people, our clients and our communities.
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Our expert team with leading service and industry
insight can deliver differentiated service. EY Han Young
provides top quality service by building teams of
experts equipped with industry-specific experience and
knowledge. Our expert teams with insights in diverse
industries including finance, energy, technology,
construction and manufacturing, deliver optional
solutions to your needs.
Highest performing team
Competitive Differentiation
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As a professional service provider, EY Han Young
believes that providing exceptional service is our
most important competitive differentiation factor. By
staying connected with our clients, EY’s responsive
and insightful experts provide services of exceptional
quality.
EY has achieved the most sophisticated level of
integration as a global professional service organization.
Our collaboration network is more than just a formality,
enabling experts across the world to share information
and cooperate as a single organization to provide
differentiated service.
In particular, a team of leading experts of respective
countries is allocated to our Global 360 clients, which are
designated as global leading companies, to support their
global business success.
Exceptional client service
Outstanding global network
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GlobalNetwork
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▶ US▶ Canada▶ Brazil
Americas
VANCOUVER
SAN FRANCISCO
SAN JOSE
SAO PAULO
NEW YORK
TORONTO(CANADA)
DETROIT
CHICAGO
DALLAS
HOUSTON
MCLEAN
MEXICO
SAN DIEGOIRVINE
LOS ANGELES
EY has a robust global network consisting of 175,000 experts
across 148 countries. This strong network enables us to support
the global business activities of our clients.
Global Network
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Korean Business ㅜNetworkThe Korean Business Network is operated in key locations around
the world in order to provide optimized services for global business.
Our local EY experts who are the most knowledgeable about the
local business environment and our local Korean speaking experts
work together to help you succeed in your global business.
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▶ China ▶ Singapore▶ Indonesia▶ Vietnam▶ Australia
▶ Japan▶ UK
▶ Germany▶ Netherlands▶ Sweden▶ India
▶ Kuwait▶ Hungary▶ Russia▶ Turkey
Asia Pacific
Japan
Europe,Middle East, India, Africa
STOCKHOLM(SWEDEN)
MOSKVA(RUSSIA)
JAKARTA
SINGAPORE
SHENZHENHANOI
SHANGHAI
DALIAN
TOKYO
SYDNEY
BEIJINGANKARA(TURKEY)
BUDAPEST
AMSTERDAM
DUSSELDORF
HAMBURG
BERLIN
PARIS
LONDON
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EY delivers differentiated assurance, tax, transactions and
advisory services to clients all over the world and operates
a special organization for servicing financial firms. Learn
more about EY Han Young’s diverse professional services
dedicated to solving your issues and delivering better
business performance.
Se r v i cesAssurance | Tax | Transactions | Advisory
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9SERVICES9
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Services
Assurance
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EY Han Young provides top quality assurance services based on our
differentiated global audit methodology. We present timely and insightful
views to management, objective and transparent views to audit
committees and reliable information to investors.
Assurance
JBSJBS: The Japanese Business Services is a professional expert group within EY that delivers a comprehensive range of services to Japanese companies with a business presence in Korea. JBS delivers exceptional services catered to clients’ needs from the initial set-up to growth stage.
External Audit Services ▶Audit of IFRS Financial Statements
▶Audit of Korean GAAP Financial Statements
▶Audit of US GAAP Financial Statements
Overseas & Local Listings Services ▶Offering Circular Filing Advisory
▶ Issuance of Comfort Letters
Internal Control over Financial Reporting Services
▶ Implementation and Review of Internal Control over Financial Reporting
▶ Internal Control over Financial Reporting System Update Support
IFRS Conversion and Consulting Services ▶ IFRS Conversion Support
▶ Implementation of Consolidation and Disclosure System under IFRS Support
FTA Consulting Services ▶Support Implementation of Origin Management System
▶Origin Verification Service
Financial Accounting Advisory Services ▶Support Establishment and Conversion of Holding Companies
▶Accounting Advisory Service for Merger, Spin-off, and Liquidation
▶Purchase Price Allocation under Business Combination Service
▶Cost Reduction Service
▶Business Planning & Consolidation Service
▶Consolidation Closing Process Innovation Service
▶Corporate Legal Management Service
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Tax
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Services
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Business Tax Services ▶Business Tax Advisory
▶Tax Policy Advisory Services
▶Tax Controversy and Tax Litigation
▶Personal Tax Services
Global Compliance and Reporting Services ▶Corporate Income Tax Compliance
▶Tax Accounting & Risk Advisory Services
Financial Tax Services ▶Tax Advisory on Financial Business
▶Tax Advisory on Financial Instruments/Transaction
Accounting and Tax Outsourcing Services ▶Establishment & Liquidation of Korean Entities
▶Tax Reporting & Financial Statements Preparation Assistance
▶Value Added Tax Compliance
▶Withholding Tax Compliance
▶Social Security Tax Compliance
International Tax Services ▶Tax Advisory on Cross-border Investment
▶Global Tax Planning on Outbound Structuring/Cross-border Transaction
Transfer Pricing Services ▶Transfer Pricing Documentation and Advisory
▶Transfer Pricing Controversy
▶Advance Pricing Agreements and Mutual Agreement Procedures
Transaction Tax Services ▶Tax Due Diligence and Tax Advisory Services in connection with M&A between Domestic Companies
▶Tax Due Diligence and Tax Advisory Services in connection with M&A of Overseas Companies by Korean Entities
▶Tax Due Diligence and Tax Advisory Services in connection with M&A of Korean Companies by Overseas Entities
Human Capital Services ▶Expatriate Tax Services
▶Global Immigration
Indirect Tax Services ▶Value Added Tax Advisory
▶Customs and International Trade Advisory
EY Han Young is always ready to deliver top-quality tax services anywhere in the
world. Meet our competent tax experts who will help reduce tax inefficiency and
risks and increase potential opportunities.
Tax
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Transactions
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Services
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Mergers & Acquisitions ▶ ㅜAdvisory for transaction strategy to achieve M&A objectives
▶Advisory for available M&A/funding options and structures
▶Lead advisory role in management of overall M&A transaction process
▶Buy-side/Sell-side negotiation assistance
Transaction Support ▶Buy-side/Sell-side due diligence in accounting, tax and financial areas
▶Commercial due diligence
▶Accounting and tax advisory services related to transaction structuring
▶Advisory services related to acquisition or disposal of non-performing loans
Valuation & Business Modeling ▶Transaction purpose equity & business valuation
▶Merger ratio calculation
▶ Intangible asset valuation, Purchase Price Allocation (PPA), Impairment testing for financial reporting purpose
▶Business modeling & review
▶Feasibility study & Decision support services
Restructuring ▶Legal entity rationalization
▶Working capital services
▶ Independent business review & creditor advisory
▶Distressed corporate advisory
▶Formal insolvency
Transaction Real Estate ▶Real estate project feasibility analysis and valuation
▶Real estate M&A advisory
▶Real estate project finance
▶Real estate project management/monitoring
▶Advisory service for the acquisition or disposal of real estate related non-performing loans
Transaction Integration ▶Commercial & operational due diligence
▶Synergy and integration due diligence
▶Transaction integration service
▶Operational advisory on carve-outs
EY Han Young provides objective and integrated transaction advisory services
to help our clients assess business opportunities, enhance transaction efficiency
and achieve their strategic goals. We ensure top-quality transaction advisory
services in various areas including M&A, strategic alliance, carve-outs, stock
issuance and restructuring.
Transactions
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Advisory
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Services
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Performance ImprovementCustomer Service
▶ ㅜMarket and Customer Strategy ▶ ㅜCustomer Economics Improvement ▶ ㅜDigital Marketing and Sales Innovation ▶ ㅜLoyalty and Synergy Marketing Strategy ▶ ㅜMarketing and Sales Process Innovation ▶ ㅜMarketing and Sales Solution Design
Industry Service ▶Global Management Operation Innovation ▶ ㅜProject Risk Management ▶ ㅜPerformance Management ▶ ㅜPrice Optimization ▶ ㅜGlobal Benchmark Service ▶ ㅜBig Data Decision-making Model
Supply Chain & Operation ▶Supply Chain Strategy & Planning ▶ ㅜProcurement Innovation ▶ ㅜSupply Chain Operation Innovation ▶ ㅜLogistics Innovation
Financial Management Service ▶Strategic Enterprise Management/ Budgeting & Business Planning ▶ ㅜFinance Transformation ▶ ㅜFast Closing ▶ ㅜManagerial Accounting (Cost
Management/Reduction, Responsibility Accounting, Profitability Analysis, Budget Management)
IT Advisory ▶PI/ERP ▶ ㅜEnterprise Performance Management System ▶ ㅜIT Strategy and Effectiveness ▶ ㅜEnterprise Architecture ▶ ㅜIT Project Management (PMO)
Strategy ▶Growth Strategy ▶ ㅜPost-Merger Integration ▶ ㅜEnterprise Management Innovation Strategy ▶ ㅜHuman Resource Management ▶ ㅜOrganization Design
RiskBusiness Risk Service
▶Risk Management System ▶ ㅜInternal Control ▶ ㅜInternal Audit ▶ ㅜContract Risk Management Service
Government & Public Services ▶ ㅜVision & Strategy ▶ ㅜOrganization Diagnosis & Design ▶ ㅜHuman Resource Management ▶ ㅜPerformance Management &
Management Evaluation Advisory Climate Change and Sustainability Service
▶Advisory on Corporate Social Responsibility Strategy & Implementation ▶ ㅜAdvisory on Sustainability Report/ Integration Report ▶ ㅜAdvisory on Climate Change & Carbon Trade ▶ ㅜAdvisory on Clean Tech ▶ ㅜAdvisory on Environmental Public Development Aid ▶ ㅜSustainability Report Assurance
IT Risk & Assurance ▶Advisory on Information Security Diagnosis & Governance ▶ ㅜService Organization Control Evaluation & 3rd Party Report ▶ ㅜInformation Security PMO & PI ▶ ㅜSecurity Assurance Advisory & Technical Diagnosis ▶ ㅜSecurity Legal Issue Assistance & Maturity Evaluation ▶ ㅜCloud Security Diagnosis & Improvement ▶ ㅜInformation System Control Diagnosis & Improvement ▶ ㅜSoftware License Audit ▶ ㅜInformation Security PMO & PI
Companies have to reduce risks in a rapidly changing business environment, while
continuing to maintain and improve performance. Our experts, who are well-
grounded in knowledge and experience, deliver services to ensure that our clients
achieve measureable and sustainable performance improvement.
Advisory
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Financial Services Organization
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Services
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Assurance Services for financial institutions
Tax Services for financial institutions
Advisory Services for financial institutions
Performance Improvement ▶Business Strategy
▶Process Innovation
▶Customer Relationship Management
▶Multi Channel Strategy
▶Big Data Strategy and Implementation
▶Finance Transformation
▶ IT Strategy
▶Next Generation System Master Plan Development and PMO
▶EA and Technology Consulting
▶System Implementation
Risk Management ▶Enterprise Risk Management
- Market/Risk/Operation/Liquidity Risk
- Business/Strategy/Reputation Risk
▶Stress Test Analysis
▶Early Warning System
▶Risk Adjusted Performance Management
▶Business Contingency Plan
▶Capital Adequacy and Internal Control
▶ IFRS Consulting
Actuarial Services ▶ ㅜCash Flow Pricing Consulting
▶Experience Analysis System Consulting
▶Embedded Value Reporting (EEV, MCEV)
▶ IFRS4 Phase II
▶Enterprise Risk Management for Insurers
▶Economic Capital
▶Solvency II
▶Asset & Liability Management
▶Capital Adequacy and Management
▶Financial/Actuarial Modeling
▶Business/Marketing Strategy
▶Actuarial Advice (IPOs)
▶Actuarial Advice to Buyer and Seller (M&A)
FATCA Consulting ▶Foreign Account Tax Compliance Act Consulting
Financial Services OrganizationEY Han Young’s Financial Services Organization is a dedicated body designed
to provide more finance-oriented professional services in the area of finance,
including Banking & Capital Markets, Insurance, Asset Management and Private
Equity.
2020
EY’s Entrepreneur of the Year is a world-class business award program that is annually held in over 50 countries around the world, including Korea. Every year, winners of each country are invited to the global Entrepreneur of the Year ceremony held in Monte Carlo, Monaco to exchange opinions and discuss the significance of true entrepreneurship.
We at EY Han Young applaud leading entrepreneurs who have taken advantage of their unique vision, passion and challenging spirit to turn their dreams into reality. By promoting entrepreneurship across the society, we believe that we can contribute to building a healthy and vibrant economy.
Entrepreneur Of The Year
Entrepreneurship
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Entrepreneurship
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EY Han Young dreams of a future where all of our employees and the overall society can pursue sustainable growth. All of our employees are involved in various volunteering activities, including the World Vision Love Lunch Box donation, Hanmaum mentor school, coal briquette of love outreach, volunteering at Raphael clinic and Habitat for humanity programs.
Corporate SocialResponsibility
Coal Briquette of Love Outreach
Environment & Sustaninability Campaign
World Vision Love Lunch Box donation
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23Habitat
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Corporate Social Responsibil ity
For more information about EY Han Young:
www.ey.com/kr
Taeyoung Building, 111, yeouigongwon-ro,Yeongodeung Po-Gu, Seoul, Korea
Seoul Office Tel 82 2 3787 6600Fax 82 2 783 5890
Busan Office Tel 82 51 462 7308Fax 82 51 462 4435
Service Line ExtentionAssurance 82 2 3787 6379Tax 82 2 3770 0911Transactions 82 2 3770 0899Advisory 82 2 3787 4548FSO 82 2 3787 6534
Our leading experts at EY Han Young will take
advantage of our differentiated services in the areas of
assurance, tax, transactions and advisory services to
support your business. Explore ways with us to become
a future leader led by sustainable growth.
We are committed to help you succeed
EY | Assurance | Tax | Transactions | Advisory
About EYEY is a global leader in assurance, tax, transaction and advisoryservices. The insights and quality services we deliver help build trust andconfidence in the capital markets and in economies the world over. Wedevelop outstanding leaders who team to deliver on our promises to allof our stakeholders. In so doing, we play a critical role in building a betterworking world for our people, for our clients and for our communities.
EY refers to the global organization and may refer to one or more of the memberfirms of Ernst & Young Global Limited, each of which is a separate legalentity. Ernst & Young Global Limited, a UK company limited by guarantee,does not provide services to clients. For more information about ourorganization, please visit ey.com.
© 2014 Ernst & Young Han Young © 2014 Ernst & Young Advisory, Inc. All Rights Reserved.
APAC no. 05000091
This material has been prepared for general informational purposes only and is not intended tobe relied upon as accounting, tax, or other professional advice. Please refer to your advisors forspecific advice.
ey.com/kr