Nexiasamduk Director
Kwan Jung Yoon
Kwan Joong Yoon, CPA, joined Samil PwC's Audit Division, where he performed external audit engagements for five years. During this period, he gained an in-depth understanding of all stages of financial audits through complex financial statement analysis and audit risk assessment. In particular, he developed a keen expertise in audit procedures and accounting treatments by resolving various challenges encountered in auditing major corporations, including Samsung Group companies and Korea Gas Corporation (KOGAS).
In 2012, upon recommendation from Samil PwC, he relocated to Dubai to join KOGAS Iraq Branch as an Economic & Planning Specialist. In this role, he was responsible for planning and managing Korea’s first oil field project in Iraq. Collaborating with construction, drilling, and legal teams, he gained extensive experience and knowledge in the oil & gas industry. Due to the Iraq IS conflict, the project was suspended, resulting in asset impairment issues. He worked closely with PwC auditors and KOGAS headquarters’ accounting team to develop an asset impairment assessment and accounting treatment framework, further strengthening his problem-solving skills and expertise in asset impairment accounting.
In 2018, instead of settling into his role at KOGAS, he sought new challenges and transitioned to PwC Dubai. As a member of the Middle East Tax Team, he supported Korean companies operating in 11 Middle Eastern countries, including Saudi Arabia, the UAE, Egypt, and Kuwait, by providing accounting, tax, and legal services through the PwC platform. This role allowed him to build strong client relationships while gaining a deep understanding of Middle Eastern tax laws and regulations.
Currently, Kwanjoong Yoon, CPA, leverages his extensive experience and vast network at Samduk Accounting Corporation, where he provides audit and financial consulting services. His expertise in solving complex accounting and tax issues, deep industry knowledge across multiple sectors, and strong client network make him a trusted professional in the field.
Practice Areas
Education and Career
· Graduated from Korea University, Department of Economics
· Passed the 42nd CPA Exam
· Registered with the Korean Institute of Certified Public Accountants (KICPA) (Dec. 2008)
· Samil PwC (Oct. 2007 – Jul. 2012)
· Korea Gas Corporation Iraq B.V (Aug. 2012 – Aug. 2018)
· PwC Dubai Branch (Sep. 2018 – Jul. 2024)
· Samduk Accounting Corporation (Sep. 2024 – Present)
Achievements
1. Samil PwC
Conducted external audits for Samsung Group affiliates, including Samsung Heavy Industries, Samsung Electro-Mechanics, Samsung SDI, and S-1 Corporation.
Advised on the adoption of International Financial Reporting Standards (IFRS) for Korea Gas Corporation and other entities.
Provided consulting on the implementation of the Certificate of Origin issuance system under the Korea-EU FTA.
2. Korea Gas Corporation Iraq B.V.
Prepared the Annual Work Program & Budget (AWP&B) for the Akkas Gas Field Project and secured approval from the Iraqi government.
Conducted feasibility and economic viability assessments for new projects in Iraq.
Performed impairment assessment for the Akkas Project.
Established project investment manuals and process guidelines for Korea Gas Corporation.
3. PwC Dubai
Provided tax dispute advisory services for Saudi operations of Samsung Electronics, GS Engineering & Construction, and Doosan Heavy Industries.
Advised LG Electronics on tax matters in the UAE, Saudi Arabia, Kuwait, and Qatar.
Consulted on the establishment of Samsung Electronics Middle East Regional HQ in Saudi Arabia.
4. Samduk Accounting Corporation
Conducted external audits for multiple publicly listed companies.
Performed external audits for private educational institutions.
Specialized in inheritance tax, gift tax, and real estate capital gains tax advisory services.