Flagship engagement
Statutory Financial Statement Audit
Independent examination of annual financial statements for Japanese companies preparing for lenders, shareholders, or statutory filing.
Who it is for
Mid-sized trading companies, manufacturers, and family-owned groups in Niigata and surrounding prefectures that need an independent opinion on their year-end accounts.
Result you receive
A signed auditor’s report, management letter with findings, and a clear walkthrough of material adjustments before board approval.
Scope
Full-year balance sheet, income statement, cash flows, notes, and selected supporting schedules under Japanese GAAP or IFRS as agreed in the engagement letter.
Included
- Planning meeting and risk assessment
- Tests of account balances and cut-off
- Inventory observation when material
- Draft report and exit conference with management
- Final signed opinion for lenders or shareholders
Not included
- Bookkeeping or preparing the trial balance
- Tax return preparation
- Internal control design projects beyond findings
- Due diligence for acquisitions
Who delivers the work
Lead engagement partner with a senior and staff auditor assigned for fieldwork.
Process
- Engagement letter and independence confirmation
- Planning and materiality setting
- Fieldwork at your premises or agreed remote document rooms
- Review, adjustments discussion, and draft opinion
- Final report issuance
Duration
Typically six to ten weeks from kickoff to signed report, depending on complexity and readiness of working papers.
Location & delivery
On-site in Niigata Prefecture when practical; hybrid document review for multi-location groups.
Preparation
Trial balance, bank confirmations, inventory listings, board minutes, and prior-year files ready before fieldwork week.
Constraints
We do not audit entities where we provide bookkeeping. Material late schedules may extend the timeline.
Fees
Quote-based from ¥1,800,000 for a single-entity year-end audit; larger groups priced after scoping.