Seto Fiscal Review

Flagship engagement

Statutory Financial Statement Audit

Independent examination of annual accounts for companies preparing statements under Japanese reporting norms, with fieldwork timed to your close calendar.

Accounting ledgers and documents on a wooden desk

At a glance

  • Pricing basis Fixed engagement fee quoted after a scoping call; fees reflect entity complexity, locations, and inventory count needs.
  • Indicative fee From ¥1,200,000 per engagement
  • Typical duration Typically six to ten weeks from planning through report issuance, depending on entity size and readiness of working papers.
  • Delivery On-site in Ōita Prefecture and selected cities across Japan, with secure document exchange for remote portions.
Request an audit scoping conversation so we can confirm readiness and propose fieldwork dates.

Who it is for

Privately held and mid-sized companies in Kyushu and nationwide that need an independent auditor’s report on their annual financial statements.

Result

A signed auditor’s opinion, a management letter covering control observations, and a clear walkthrough of adjusting entries before board submission.

Scope

Risk assessment, substantive testing of material balances, revenue cut-off, inventory observation where applicable, and review of disclosures.

Included

  • Planning meeting with finance leads
  • Testing of material account balances and transactions
  • Inventory count attendance when stock is material
  • Draft findings discussion before final opinion
  • Written management letter on control points

Not included

  • Bookkeeping or preparation of the financial statements
  • Tax return filing
  • Internal audit outsourcing for the full year

Provider & process

Licensed certified public accountants from the Seto Fiscal Review engagement team, led by a designated engagement partner.

  1. Kick-off and understanding of operations and close timeline
  2. Risk assessment and audit plan shared with management
  3. Interim and year-end fieldwork at your offices or by remote document review
  4. Clearing queries and draft report review
  5. Issuance of the final auditor’s report

Preparation

Trial balance, general ledger extracts, bank confirmations, inventory listings, and supporting contracts should be available by the agreed fieldwork start date.

Constraints

We do not audit entities where independence is impaired, and we decline engagements that require bookkeeping of the same accounts we would examine.

Request a scoping call Review fee guidance