# South Korea's FSS Pre-Notifies Auditor Designations for Fiscal 2027

> South Korea's FSS pre-notifies 1,193 companies for external auditors in 2027, with 92 new periodic designations and 222 IPO-bound firms.
- Title: South Korea's FSS Pre-Notifies Auditor Designations for…
- Summary: South Korea's FSS pre-notifies 1,193 companies for external auditors in 2027, with 92 new periodic designations and 222 IPO-bound firms. South Korea's…
- Keywords: south korea, fss, external auditor designation, fiscal 2027, periodic designation, ex officio designation, ipo, listed companies, unlisted companies, auditor independence, finance, markets
- Source: BigGo Finance — https://finance.biggo.com/news/226a10f2-584d-4d8b-9420-cee502e6ba77
- Author: BigGo Finance
- Published: 2026-10-18T22:05:14+00:00
- Read time: 1 min
- Topics: south korea, fss, external auditor designation, fiscal 2027, periodic designation, ex officio designation, ipo, listed companies, unlisted companies, auditor independence, finance, markets
## FSS Pre-Notifies Auditor Designations
South Korea's Financial Supervisory Service pre-notifies 1,193 companies for external auditors in fiscal year 2027.
## Composition of Companies
849 listed and 344 unlisted firms, 37 fewer than last year's 1,230 companies.
## Designation Types
404 periodic designations and 789 ex officio designations cover the 1,193 companies.
## New Periodic Designations
92 companies newly subject to periodic designation have average assets of 831.2 billion won.
## IPO-Bound Companies
222 of 382 newly designated ex officio companies are preparing for initial public offerings.
## Timeline for Contracts
FSS accepts redesignation requests for two weeks, issues formal notices on the 12th of next month, and requires contracts within two weeks.
## Key takeaway

South Korea's Financial Supervisory Service pre-notifies 1,193 companies for external auditors in fiscal 2027, including 92 new periodic designations and 222 companies preparing for IPOs.