Forensic Risk Alliance (FRA), a leading consultancy for forensic accounting, data analytics, and eDiscovery, today announced the opening of its first office in Asia Pacific, dubbed “FRA Korea,” in Seoul, South Korea.
This was done in conjunction with regional partners who are well-known industry titans.
The establishment of FRA Korea coincides with the country’s forensics and advisory market’s rapid expansion over the previous two decades, which was largely fueled by the Korean government’s stepped-up enforcement activities.
This change in strategy can be attributed to the election of Suk-yeol Yoon as the new president, who has a strong anti-corruption stance. It can also be attributed to the increased exposure of Korean corporations to US regulatory standards and the rising demand for alternatives to the Big Four in the forensic sector.
Exactly a few months after opening an office in Dubai, the company decided to build a physical presence there, showing just how committed it is to its worldwide growth and diversification strategy.
Ui-sung Kim and Hea-sil Chang, the managing partners of FRA Korea, will be in charge of setting up the new office and providing exceptional client service. As senior advisor, Young-gak “Ken” Yun will provide strategic guidance.
Source: Prnewswire
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