Engagement
Statutory Financial Statement Audit
An independent opinion on annual financial statements prepared under Japanese reporting frameworks for companies that need a formal audit for lenders, shareholders, or statutory filing.
Our flagship engagement is a statutory financial statement audit: a structured examination of the books, schedules, and disclosures that support an entity’s annual accounts. The outcome is an independent auditor’s opinion — not a certificate of perfection, and not a substitute for management’s own closing process.
We work with finance teams who already keep ledgers and prepare draft statements. Our role is to obtain sufficient appropriate evidence, challenge estimates where needed, and report clearly to those charged with governance. Engagements are sized to the entity, not sold as packaged software access or remote “dashboards.”
If your year-end is approaching and the board expects a signed opinion, start with a scoping conversation so the fee and timeline reflect your actual group structure and evidence readiness.
Who this engagement serves
Mid-sized companies and groups in Japan that prepare annual financial statements and require an independent auditor’s opinion for boards, banks, or statutory purposes.
Included
- Planning, risk assessment, and materiality discussion with management
- Substantive testing of significant account balances and disclosures
- Communication of findings to those charged with governance
- Written auditor’s report for the agreed reporting framework
Outside this scope
- Bookkeeping or preparation of the financial statements themselves
- Tax return filing or tax advisory opinions
- Continuous monitoring of daily transactions after the engagement ends
How the work unfolds
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1
Scoping conversation
We confirm the reporting framework, year-end date, group structure, and any lender or shareholder deadlines before proposing a fee.
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2
Planning and risk assessment
The team identifies significant accounts, related-party exposure, and areas where judgment or estimation risk is highest.
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3
Fieldwork and evidence
We request support for balances, observe inventory when relevant, and test revenue cut-off and subsequent events.
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4
Reporting and close
Findings are discussed with management; the auditor’s report is issued once unresolved matters are cleared.
Ready to discuss your next reporting period?
Share your entity type, year-end date, and any known constraints. We will outline a realistic engagement path.
Write to the audit room