Audit
We conduct statutory audits (audits required by law) and voluntary audits (audits requested by management, etc. that are not required by law).
Statutory audits Example
- Auditing of large companies based on the Companies Act
- Auditing of private schools based on the Private School Promotion Subsidy Law
- Statutory audits of independent administrative agencies based on the Act on General Rules for Independent Administrative Agencies
- Statutory audit of national university corporations based on the National University Corporation Law
- Statutory audits of local independent administrative agencies based on the Local Independent Administrative Agency Law
- Statutory audits of public interest associations, public interest incorporated foundations, and general associations and general incorporated foundations
- Statutory audits of social welfare corporations based on the Social Welfare Law
- Statutory audits of social medical corporations and medical corporations based on the Medical Law
- Auditing of investment business limited partnerships based on the Act on Investment Business Limited Partnership Contracts
- Audit of real estate specified joint enterprise based on the real estate specified joint enterprise law
Voluntary audits Example
- Audit of financial statements based on International Financial Reporting Standards (IFRS)
- Audit of Japanese subsidiaries of foreign companies
- Auditing of subsidiaries of listed companies
- Auditing of SPCs, funds, etc.
- Financial statement audit based on the provisions of the LBO loan agreement
- Auditing of public interest corporations, social welfare corporations, etc.
(Note) As we are not registered as a listed company audit firm, we do not conduct financial statement audits or internal control audits of listed companies based on the Financial Instruments and Exchange Act.
Work Flow
![flow diagram](https://fujiaudit-group.com/wp-content/themes/minamifuji/assets/img/service/service-audit-flow-en.png)
Case of Voluntary audit
Company A
Regarding Company A, a Japanese corporation that is a subsidiary of the Korean listed parent company (listed on KOSDAQ), the parent company requested a voluntary audit to enhance the reliability of the subsidiary's financial statements.
Company B
When issuing a private placement bond, there are cases where a voluntary audit is required at the time of issuance examination by the securities company.
Company C
Company C, which is preparing to go public, requested a voluntary audit in the investment contract with its shareholders in order to ensure the reliability of its financial statements.