Examination
Statutory Financial Statement Examination
Independent examination of annual financial statements for Japanese companies preparing statutory filings and lender packages.
Who it is for
Privately held companies and subsidiaries in Kanagawa and greater Tokyo that need an independent examination of year-end accounts.
Result
A signed examination report, management letter on control observations, and a clear schedule of adjustments ready for boards and lenders.
Scope
Balance sheet, income statement, cash flows, and notes for a single reporting entity; includes sample testing of revenue, inventory, payables, and related-party balances.
Included
- Planning meeting and risk assessment
- Substantive testing of material account balances
- Examination report under agreed-upon standards
- Written management observations
- One clarification call after report issuance
Not included
- Full statutory audit under Companies Act where a larger firm is required
- Tax return preparation
- Internal control redesign projects
- Forensic investigation of suspected fraud
Delivery notes
Provider: Lead examiner with a Kanagawa-based fieldwork team
Duration: Typically four to seven weeks from complete document receipt
Location: On-site in 新村瀬市 and surrounding Kanagawa municipalities; remote document review when ledgers are digitized
Preparation: Trial balance, general ledger extract, bank confirmations, inventory counts, and prior-year statements
Constraints: Engagements begin after signed letter and retainer; peak season from January through March may extend timelines
Process