Engagement
Statutory Financial Statement Audit
Independent examination of annual financial statements for companies preparing reports under Japanese corporate reporting expectations.
Who it is for
Privately held companies, subsidiaries of overseas parents, and mid-size trading groups that need an independent auditor’s report on annual accounts.
Result you receive
A signed auditor’s report, management letter on control findings, and a clear list of adjusting entries discussed with your finance team before sign-off.
Delivery
On-site fieldwork in Tottori Prefecture and remote working-paper review
Provider
Engagement partner and audit team from Ledger Strand Audit Office
Included
- Risk assessment and planning memo tailored to your industry
- Substantive testing of significant account balances and disclosures
- Walkthroughs of revenue, purchases, and payroll cycles
- Management representation letter and closing meeting
- Written auditor’s report on the financial statements
Not included
- Bookkeeping or preparation of the financial statements themselves
- Tax return filing or tax controversy representation
- Internal audit secondments lasting longer than the engagement window
Engagement process
- Kick-off meeting to confirm reporting framework, materiality, and timetable
- Interim procedures before year-end on high-risk cycles
- Year-end fieldwork with sample testing and confirmation letters
- Draft findings shared with finance leadership
- Final report issuance after board or shareholder approval of the accounts