“During the statutory audit they challenged our warranty accrual with supplier claim histories we had not pulled together. We adjusted before the board pack — quietly, without drama.”Finance director · industrial equipment distributor, Sendai
Client stories
Evidence from audits already delivered
These notes describe specific fieldwork moments — not marketplace star widgets. Names appear with permission; some titles are generalised for confidentiality.
“The walkthrough review before our first audit found that vendor bank-detail changes lacked a second approver. Fixing that in autumn saved us from a harder conversation in March.”Controller · food ingredients processor, Yamagata
“I would have preferred more bilingual schedules earlier in fieldwork; we scrambled on two English confirmations. Still, the group pack to Munich went out on the date in the letter.”Subsidiary accounting lead · automotive plastics
“For the lender AUP they tested exactly the borrowing-base lines the bank listed — nothing more, nothing theatrical — and the facility renewal cleared.”Treasury manager · regional trading company
Extended story
First-year statutory audit after a firm change
A precision-machining company near Tendō changed auditors ahead of a bank refinance. Opening balances required predecessor contact that took three weeks longer than hoped because archived working papers sat in a closed Tokyo office.
Blue Coast sequenced the opening balance review in parallel with interim revenue testing so March inventory observation still happened on schedule. Two classification differences in retained earnings were resolved before the draft opinion. The refinance committee received the signed report eight days before their credit meeting.
The client later noted that plant supervisors wanted clearer count instructions in plain Japanese; we revised our observation memo template for the following year.
Explore the statutory auditExtended story
Component pack for a European consolidation
An Austrian parent needed IFRS component reporting from its Japanese sales subsidiary on a January deadline that sat earlier than the local statutory filing. We agreed staggered deliverables in the engagement letter: group reporting pack first, Japanese GAAP statutory opinion four weeks later.
Elimination queries on intercompany freight were resolved in a single afternoon call with the parent controller. The statutory opinion followed without reopening the group pack — a sequencing choice that avoided duplicate fieldwork.
Discuss a similar timetable