The first issue of the journal Archaeology and Ancient Art History (考古美術; Gogo Misul) was published the previous year.
In 1976, Kim Won-yong and 38 other scholars met at Korea University for a conference and formed what is essentially the modern version of the Korean Archaeological Society.
However, the name adopted in the meeting, the Society of Korean Archaeological Studies (Hanguk Gogohak Yeongu Hakhoe) slightly differs from the name used today.
The society is hosted and run on a rotating basis by university departments and other institutions for a period of approximately 1–2 years.
The current president of the Korean Archaeological Society is Professor Choi Byeong-hyeon of the Department of History, Sungsil University.
This is emblematic of the good work that Korean and Japanese professional archaeologists have accomplished in establishing friendly and mutually beneficial relations.
In the last 15 years the scope of Korean salvage and academic archaeological excavations has widened considerably, and thus the content of the journal has changed to reflect that.