Engagement process
This page maps the sequence finance teams follow with Anchor Point — useful when you are planning lender deadlines, inventory count dates, or a first-year auditor transition.
We confirm the reporting framework (typically Japanese GAAP), entity perimeter, year-end date, inventory sites, and whether an English report plus Japanese summary is required. The engagement letter states fee, deposit, independence limits, and the list of management responsibilities for providing ledgers and access.
Field seniors walk cash, purchasing, payroll, and revenue cycles with your staff. Material accounts are identified, sample sizes drafted, and confirmation letters prepared for banks and counsel. Incomplete trial balances stop the clock here until suspense accounts are cleared.
Substantive testing covers revenue, receivables, inventory, and payables. Inventory observation days are scheduled on your count calendar. We gather supporting invoices, reconciliations, and subsequent-event lists, then propose adjusting entries for management agreement.
The engagement partner reviews workpapers, clears open items, and issues the draft auditor’s report and management letter. After management responses, the final opinion is signed. Typical duration from kickoff to report is six to ten weeks when ledgers arrive on schedule.
