Legal Considerations for Improving the Financial Accounting of Social Welfare Foundations and Facilities - Focusing on the Revising the "Financial Accounting Rules for Social Welfare Foundations and Facilities" -

This study aims to identify problems in the interpretation and application of regulations related to social welfare corporations through a legal review of th e Social Welfare Services Act, and to suggest ways to improve them. The stu dy first derives the problems of the current regulatory system and suggests d irections for improvement by analyzing changes in the legal status of corporati ons and facilities according to the enactment and amendment process of the S ocial Welfare Services Act. Subsequently, applicable implications for corporatio ns were derived by analyzing the relationship with the Framework Act on Soci al Security and the connection with the Civil Act and the Public Interest Corp oration Act. In addition, measures to enhance and strengthen the role of corporations and facilities, including the publicity of social services and corporate a utonomy and accountability, were proposed, and in particular, directions for im provement of the Social Welfare Services Act were discussed. As a major improvement plan, only publicity was emphasized in Article 1 of the Social Welfare Services Act and Article 1-2 of the Basic Ideological Regul ations, and it was pointed out that expertise, autonomy, and creativity were o verlooked, and a direction was proposed to include it. In addition, it was revie wed the revision of specific disposition criteria through the Enforcement Decr ee of the Act to improve the standards based on Article 26 of the Act. It sou ght ways to overcome the abstraction of the constituent requirements of admi nistrative disposition, and suggested ways to improve the temporary director s ystem, the external recommended director system, and the external recommen ded audit system. In addition, it proposed measures to guarantee freedom of d issolution in accordance with the public interest and ways to improve and sup port operating costs to strengthen the company's capabilities. This study emphasized that the Social Welfare Service Act should ensure th e efficient delivery of private social welfare services based on autonomy and expertise, and it is expected that the forum for discussion for the balanced de velopment of the Social Welfare Service Act will be activated by reflecting sid e effects and concerns on the field due to excessive regulations on social wel fare corporations.