Prepare for a Financial Audit in Japan with
the Help of Tokyo Consulting Group
Engaging
in a financial audit in Japan is essential to the financial health of both
local firms and foreign-owned businesses operating in the country. Japanese
accounting standards differ from those set by IFRS and USGAAP. Because of these
differences in standards and regulations, foreign companies often encounter
difficulties in dealing with financial audit standards in the country.
Tokyo Consulting Group
is comprised of accounting experts - Japanese Certified Public Accountants
(JPCPA) and United States Certified Public Accountants (USCPA) - who are
experienced in performing financial audits for foreign companies. Furthermore,
we are affiliated with GGI, an accounting firm based in Switzerland since 1995.
This
partnership provides us with the necessary resources and knowledge of IFRS and
other international audit standards. In addition, our rates are flexible,
depending on transaction amounts and scale of the company. Hence, our fees are
lower than those of other accounting firms for audit operations and other
services necessary when opening a business in Japan.
Our
Audit strategy
Statutory Audits
Our
statutory audit services in Japan are performed in accordance with the
Financial Instruments and Exchange Act, the Companies Act, and the Limited
Partnership Act for Investment. Our professionals can fulfill the role of a
statutory auditor in Japan for companies whose headquarters are based in other
countries.
In
addition to our experience, our strength also lies in the proximity we nurture
with our customers. Large audit firms tend not to visit their clients directly,
especially if they are small companies. As a result, poor judgments and
uninformed decisions are often taken, creating issues later on. Tokyo
Consulting Group employees pay frequent visits to their customers, thus
ensuring the full understanding of our clients. Coupled with our experience,
this proximity is what allows us to be highly successful in providing our
customers with the appropriate audit services and other functions to support
your organization's statutory auditor in Japan.
Voluntary Audits
It is
crucial for businesses - especially newly formed companies - to ensure that
their financial records are up-to-date and accurate. The correctness of
financial statements can be measured by undergoing a voluntary audit in Japan,
which Tokyo Consulting Group can perform on-demand.
When
offering our voluntary audit services, we strive to provide a comprehensive
service to our customers. Our experience and understanding of newly-established
businesses are our main assets, allowing us to deliver rigorous and thorough
reports.
Financial
audits using IFRS and U.S. GAAP
Tokyo
Consulting Group generates financial statements based on International
Standards on Auditing - GAAP (Generally Accepted Auditing Standards), USGAAP
(United States Generally Accepted Auditing Standards), and IFRS (International
Financial Reporting Standards). Our employees possess a high level of expertise
in Financial Advisory, and excel at reporting financial statements to provide
formal records of financial activities of businesses, individuals, or other
entities.
In
addition, our experience in partnering with global accounting companies
provides us with enough experience to independently excel at offering services
to international customers in Japan. This includes generating financial
statements and giving advice and guidance with regard to present and future
operations to global companies. Tokyo Consulting Group provides its customers
with a thorough financial audit in Japan, on which they can rely. As a result of
our high standards of professionalism and expertise, users of financial
statements such as stockholders or shareholders can increase their confidence
and trust in our customers.
As more
companies' subsidiaries are established over the world, financial reports to
corporate parents in different countries become increasingly complex. Financial
reports may be requested from us in English or in Japanese, as our bilingual
staff is able to report in either language. Tokyo Consulting Group, as one of
the truly global accounting firms, promises to conduct your firm's financial
audit in Japan with international quality standards, and pledges to bring
knowledge and expertise to its customers, regardless of company size.
Contact
us
today to learn more about our full range of services.
