Kohana Risk Review

Engagement

Independent Financial Statement Audit

Year-end and interim audits of statutory financial statements for trading houses, manufacturers, and family-owned groups across Shiga and the Kansai corridor.

Who it is for

Mid-size Japanese companies and foreign subsidiaries preparing audited financial statements for lenders, shareholders, or parent reporting

Result you receive

An independent auditor’s report, a management letter on control findings, and a clear schedule of adjusting entries agreed with management

Duration
Typically 4–10 weeks of fieldwork depending on entity size and group structure
Fee basis
Fixed engagement fee quoted after a scoping call and trial-balance review
Delivery
On-site in Shiga Prefecture and greater Kansai, with remote review of working papers where appropriate
Provider
Engagement partner and field team from Kohana Risk Review

Included

  • Engagement letter defining materiality, scope, and reporting timeline
  • Risk assessment and walkthroughs of revenue, purchases, inventory, and cash cycles
  • Substantive testing of balances and disclosures
  • Draft findings discussion with finance leadership before finalisation
  • Signed auditor’s report and management letter

Not included

  • Bookkeeping or preparation of the financial statements themselves
  • Tax return preparation or tax opinion work
  • Forensic investigation unless separately commissioned
  • Internal audit outsourcing on a retainer basis

How the work proceeds

  1. Scoping call and document request list
  2. Planning memo and materiality thresholds
  3. On-site or hybrid fieldwork
  4. Clearance meeting and report signing

Preparation

Provide prior-year statements, trial balance, bank confirmations list, and access to the general ledger export

Constraints

We do not accept engagements where we also prepare the books; independence rules apply

Next step

Request an engagement estimate with your year-end date and entity structure

Request an estimate