54. Must reports from political parties and/or candidates include information on itemized spending?
Korea, Republic of
Answer
Yes
Source
Political Funds Act (2016)
Comment
Article 37 (Keeping and Entries of Accounting Books) (1) Every person in charge of accounting shall keep an accounting book and enter therein matters concerning the revenue and the expenditure of political funds under the conditions as prescribed in each of the following subparagraphs. In such cases, the accounting of subsidies, political funds other than subsidies, election expenses and political funds other than election expenses shall be separately performed by opening separate accounts for each:
