Statutory Financial Audit
An independent opinion on annual financial statements, with on-site inventory observation and signed reporting for banks, shareholders, and regulators.
From ¥1,800,000
Financial auditing · Kochi, Japan
Books that withstand a second look
Takumi Audit Bureau examines ledgers, inventories, and year-end statements with the patience of a coastal firm that still visits the warehouse floor.
Statutory audit as flagship work
Our primary engagement is a full statutory financial audit for companies that need an independent opinion on their annual financial statements. We plan the work around your closing calendar, count physical inventory where it matters, and issue a signed opinion letter your bank, shareholders, or tax counsel can rely on.
Fieldwork is led by auditors who still reconcile bank statements by hand when the system extract looks wrong — not because we distrust software, but because Kochi’s trading houses and manufacturers often keep parallel records.
Read the engagement scope
Related engagements
When a full statutory audit is not required, we offer focused reviews and control assessments that still leave a paper trail your committee can defend.
Limited Review Engagement
A lighter, inquiry-and-analytics review for interim statements or lender packages when a full statutory opinion is not required.
From ¥650,000
Internal Control Assessment
Walkthroughs of cash, inventory, and approval chains so your audit committee receives a practical remediation checklist — not a binder of theory.
From ¥480,000
Agreed-Upon Procedures
Targeted testing on specific balances or covenants — you define the procedures, we report factual findings without an overall opinion.
From ¥320,000
What clients remember
They spent two full weeks in our Kochi warehouse counting inventory against the ledger.
— Haruka Morita, Finance Director
More client storiesWe do not publish star ratings or invented satisfaction scores. Evidence here means named constraints: cut-off errors, covenant deadlines, branch cash counts, and the quiet relief of an opinion letter delivered before the bank’s deadline.
If your books are incomplete, we say so early. That habit has cost us a few engagements and kept the ones that matter.
From the journal
Practical notes on year-end close, inventory observation, and how Japanese companies prepare for an independent auditor.
Preparing your warehouse for inventory observation
What auditors look for on count day — cut-off tags, slow-moving piles, and the quiet chaos of a well-run floor.
Year-end cut-off errors we still see in Shikoku trading houses
Revenue booked a day early, freight left in transit, and the quiet cost of closing the books before the trucks arrive.
Common questions before an engagement
How long does a statutory financial audit typically take?
For a mid-sized Kochi or Shikoku company with orderly books, fieldwork usually runs two to four weeks on site, followed by report drafting. Larger groups or messy subsidiary consolidations take longer; we set the timeline in the engagement letter before we begin.
Do you work only with companies in Kochi Prefecture?
Our office is in Kochi, and much of our fieldwork happens across Shikoku and nearby coastal prefectures. We travel for engagements when the books, inventory, or bank confirmations require presence. Remote document review is available for limited reviews when appropriate.
What should we prepare before the first planning meeting?
Have trial balances, prior-year statements, bank reconciliations, fixed-asset registers, and access to the general ledger ready. List related-party transactions and any known disputes with tax authorities. We send a detailed request list after the scoping call.
Are your fees fixed or based on hours?
Most statutory audits are quoted as a fixed engagement fee after we review complexity, locations, and prior-year findings. Advisory and control assessments may be day-rate based. Deposits and progress billing are spelled out in the letter of engagement.
Will you help us fix the issues you find?
We report findings and recommend remediation. We do not prepare management accounts or implement journal entries for the same entity we audit — independence rules prohibit that. Separate advisory engagements for non-audit clients are available.
Ready to scope your next close?
Tell us about your entity, locations, and filing deadline. We reply within two business days with a preliminary fee range or clarifying questions.