Except as otherwise provided for in this Act and Presidential Decree, the accounting of a limited liability company shall be conducted in accordance with generally accepted fair and proper accounting practices.[This Article Newly Inserted by Act No. 10600, Apr. 14, 2011]
Laws › Commercial Act › SECTION 5 Accounting, etc.
Commercial Act — Article 287-32 (Accounting Principles)
상법 제287조의32
This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.
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