Engagement
Statutory Financial Statement Audit
Independent examination of annual financial statements under Japanese GAAP or J-GAAP adaptations for mid-sized companies preparing for lenders, shareholders, or statutory filings.
Request an engagement estimate with your year-end date and reporting framework.
Who it is for
Privately held Japanese companies, subsidiaries of overseas parents, and owner-managed groups that need an independent auditor’s report on annual statements.
What you receive
A signed auditor’s opinion, management letter on control findings, and a clear schedule of adjusting entries agreed with your finance team.
Scope of work
Balance sheet, income statement, cash flow statement, notes, and selected supporting schedules for a single reporting entity or a defined consolidation perimeter.
Included
- Planning meeting and risk assessment against material accounts
- Substantive testing of revenue, receivables, inventory, and payables
- Bank and legal confirmations coordinated with your staff
- Draft and final auditor’s report in English (Japanese summary available)
- Written management letter on control observations
Not included
- Tax return preparation or tax representation
- Bookkeeping or monthly closing support
- Internal audit outsourcing on a standing retainer
- Due diligence for mergers or acquisitions
Who delivers the work
Engagement partner and field seniors from Anchor Point, working on-site in Ishikawa or at your Tokyo / Osaka office as agreed.
Process
- Scoping call and engagement letter
- Planning and walkthroughs of key cycles
- Fieldwork and evidence gathering
- Partner review and reporting
Timeline
Typically six to ten weeks from kickoff to report, depending on ledger quality and confirmation response times.
Where work happens
On-site fieldwork in Japan with remote review of digital ledgers between visits.
How to prepare
Trial balance, prior-year statements, bank statements, inventory counts schedule, and access to the general ledger for the audit year.
Constraints
We do not accept engagements where bookkeeping is incomplete through year-end, or where independence would be impaired by concurrent advisory work.
Fees
From ¥1,800,000 for a single-entity audit of a company with straightforward revenue recognition. Quoted after a scoping review of entity count and account complexity.
Request an engagement estimate with your year-end date and reporting framework.