Financial Closing Support (Japan / Overseas)
Accounting and Financial Closing Support

We provide hands-on, execution-focused services.

As the environment surrounding corporate accounting teams has become increasingly challenging, they are required to simultaneously address issues such as increasingly complex accounting standards, acceleration and sophistication of financial closing, increasingly complex disclosure documents, stricter audit requirements, and alignment with internal controls in parallel. However, many companies, regardless of their size or industry, are facing numerous challenges due to a lack of human resources capable of dealing with these issues.
In particular, listed companies and their subsidiaries are required to comply with multiple statutory requirements, namely the Companies Act and the Financial Instruments and Exchange Act, while working on group-wide financial closing and disclosure without delay. In addition, responding to accounting audits by audit firms requires accounting operations to be supported by a high degree of technical expertise and strong project management capabilities. Furthermore, at global companies with a wide network of overseas subsidiaries, accounting staff are required to have not only the skills mentioned above but also knowledge on U.S. GAAP and IFRS Accounting Standards as well as advanced linguistic skills to consolidate financial results of their overseas subsidiaries.

In addition to their extensive experience as auditors at audit firms, our certified public accountants have also built substantial hands-on experience by supporting financial closing, disclosures, and audit responses from the client’s perspective through our engagements. As a result, we provide hands-on, execution-focused services that go beyond advice and guidance, working as an extension of the client’s accounting team and carrying out the work hands-on. Specifically, we work closely with our clients’ accounting team to solve problems on issues, including preparation of journal entries, stand-alone and consolidated financial closing procedures represented by the review of financial reporting packages submitted by subsidiaries, preparation of supporting documents on accounting estimates and other complex accounting issues, drafting of disclosure documents, timeline optimization for financial closing, and improvement of internal controls over the financial reporting process. We are capable of assisting our clients with financial closing not only under J-GAAP but also under U.S. GAAP and IFRS Accounting Standards, providing medium- to long-term support to ensure the stable operation and quality enhancement of their accounting team. If support for overseas subsidiaries is necessary, we can provide specialized assistance including communication support by CAPs with extensive international work experience and full proficiency in foreign languages.
We also provide training support for our clients’ accounting staff to improve their practical skills on operation manual organization and documentation in the process of providing financial closing support, simultaneously assisting in-sourcing of such operations on a pragmatic and manageable schedule.