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Engagement

Opening Balance & First-Year Audit Support

Support for entities facing their first statutory audit — opening balance work, policy documentation, and readiness coaching for the finance team.

Who it is for

Growing companies newly subject to audit thresholds or lender mandates.

Result

Cleaner opening balances, documented accounting policies, and a realistic fieldwork calendar for year one.

Scope

Opening balance verification, policy memo drafting assistance, and pre-audit readiness checklist — may be combined with a full statutory engagement.

Included

  • Opening balance testing plan
  • Accounting policy checklist against Japanese GAAP
  • Closing calendar workshop with your controller

Not included

  • Restatement of multi-year comparative periods beyond agreed scope

Provider

Partner-led with a dedicated senior.

How the engagement runs

  1. Readiness workshop
  2. Opening balance procedures
  3. Handoff into statutory fieldwork if engaged

Duration

Four to eight weeks before the first year-end visit.

Location & delivery

Primarily on-site in Hokkaido.

Preparation

Prior unaudited statements and fixed-asset history.

Constraints

Cannot remedy missing source documents from closed periods without client reconstruction.

Pricing basis

From ¥480,000 as a stand-alone readiness engagement.

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