The Board of Audit and Inspection (Korean: 감사원; Hanja: 監査院, BAI) is a national organization headquartered in Seoul, South Korea. Its primary function is the audit and inspection of the accounts of state and administrative bodies. The council of commissioners is composed of seven commissioners including the chair, the council makes decisions on the following matters: The audit and inspection system of Korea has a 1,300 year-old history. During the times of the dynasties, it focused on uncovering wrongdoings of government officials. After the government of the Republic of Korea was established, and pursuant to the provisions of the Constitution of 1948, the Board of Audit was founded under the President of the Republic as the supreme audit institution (SAn. In accordance with the provisions of the Government Organization Act of 1948, the Commission of Inspection was also established under the President to supervise and inspect the duties of the employees of central and local governments, government-invested organizations, and other organizations prescribed by law. More information...
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