Excellence in professional audit service
by the well experienced ex-members of
big firm.
Efficient service provision through
Audit DX (Digital Transformation).
Sincere support for client’s challenge.
SERVICE
【Group Consolidation Purpose Audit (Review)】
For group consolidation purpose, subsidiaries or affiliated companies are audited (reviewed) by an independent CPA based on the audit instructions provided by the auditor of the parent company. Our audit firm promises to submit audit (review) report to clients within due date. We will have speedy and enough communication in English with head quarter of finance department or auditor of the parent company.
【Agreed Upon Procedure】
AUP is a kind of audit which the procedures and scope are already fixed by the agreement between client and auditor. Some overseas companies require the AUP report to its subsidiary, affiliated company or joint venture company in Japan. Our audit firm prepares English report as per the client request.
【Book Keeping Service】
To achieve proper financial close, daily transactions are necessary to be recorded timely and accurately by inhouse book keeping. However, some companies do not have enough resource to do it. Our audit firm will become your outsource vendor and provides book keeping service as per client request.
Hand over to our firm the supporting documents such as invoices, agreements or bank account transactions.
Data input in accounting system by a well experienced professional
Send back to client monthly accounting record and its trial balance
Submit to client monthly financial statements, if necessary
【Tax Compliance】
Companies in Japan are required to follow tax regulations released by national/local government. The professional team on tax regulations, be belonged to the same group, will support for client’s tax compliance. Main tax compliance for companies operating in Japan is as follows;
Corporation income tax
Consumption tax
Withholding tax
Individual income tax (for expats)
Corporate inhabitant’s tax (Prefectural/ Municipal)
【Audit Requirements under the
Financial Instruments and Exchange Act】
For the purpose of protection of investors, listed companies must be audited (reviewed) by an independent CPA under the Financial Instruments and Exchange Act.
Financial statements
Quarterly financial statements (review)
Internal control over financial reporting (J-SOX)
Financial statements are prepared on both consolidated and non-consolidated bases and consist of the following:
Balance sheet;
Income statement;
Statement of changes in net assets;
Statement of cash flows (non-consolidated basis is not required if a consolidated statement is prepared)
Supporting schedules
【Audit Requirements under the
Companies Act (Statutory Audit)】
For the purpose of protection of creditors and current shareholders, companies falling under any of the following categories are required to have an accounting audit under the Companies Act:
Large companies: Capital stock of ¥500 million or more, or total liabilities of ¥20 billion or more, as of the latest fiscal year-end
Companies which adopt a “Company with Committees” corporate governance system
Other companies which appoint an external auditor on a voluntary basis
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