Engagement note
Statutory financial statement audit
Independent opinion on annual financial statements for closely held companies and regional groups — planning, fieldwork, and a signed auditor’s report.
Our flagship engagement is a statutory financial statement audit for companies that need an independent auditor’s opinion on the annual accounts. It is designed for closely held manufacturers, distributors, and regional holding groups in Hiroshima Prefecture whose lenders, shareholders, or internal governance require a formal report.
Who it is for
Finance directors and owners who close books under Japanese corporate reporting expectations and need an opinion letter that counterparties will recognise. Typical clients have between one and four legal entities, material inventory, and a finance team that can host fieldwork.
Result you receive
A signed auditor’s report, a management letter describing control observations with voucher-level examples, and a closing meeting that walks through proposed adjustments. You do not receive bookkeeping services or tax filing as part of this engagement.
Scope included
- Risk assessment, materiality memorandum, and planning meeting
- Tests of details and substantive analytical procedures on material assertions
- External bank and receivable confirmations we initiate
- Inventory observation when stock is material
- Draft discussion and final report delivery
Scope excluded
- Bookkeeping, payroll processing, or preparing the financial statements themselves
- Tax compliance filings
- Fair-value valuations requiring an external specialist (scoped separately if needed)
- Continuous monitoring between year-ends
Provider & delivery
Led by engagement partner Hana Mizuno with a fieldwork team of two to four. Primary delivery is on-site at your registered office and inventory locations, with working-paper review at our atelier in 加藤村.
Process & timeline
First-year audits typically run twelve to sixteen weeks from scoping call to signed report. Recurring audits compress when opening balances and systems are already understood. See our engagement rhythm page for the four movements we schedule.
Preparation
Provide trial balance, general ledger, fixed-asset register, bank statements, inventory listings by site, and prior-year reports. We send a phased document request list so you are not asked for everything on day one.
Constraints
We need timely access to records and a confirmed inventory count date. Late supplier confirmations can delay sign-off; we flag this risk in planning.
Pricing basis
Fixed fee after scoping, billed across planning, fieldwork, and reporting stages. Orientation from ¥1,800,000 for a single-entity manufacturer with orderly prior books. Multi-entity groups and first-year premiums are quoted separately.
Next step
Request a scoping call with your fiscal year-end, entity count, and inventory sites. We reply with a fee range before any engagement letter is issued.