It is general in global businesses that audit procedures are implemented by internal audit team of head office under supervision of the parent company. And, it is common for staff members of internal audit team to visit offices around the world and perform specific procedures stipulated in audit instructions.
However, its audit procedures don’t really work well even though global audit team is organized with excellent staff members, because they are not familiar with local Japanese business practice. Furthermore, in Japan where mutual harmonization is respected, strict and inconsiderate auditor’s attitude would not be accepted by employees working in Japanese office. In addition, due to far distance between parent company and subsidiaries, it is difficult to dispatch audit staff frequently.
Ensuring appropriate human resources for internal audit in subsidiary is not also welcomed from the perspective cost reduction, and it is not so rare that foreign capital companies have difficulty in processing internal audit. Considering such background, we provide support service relating to internal audit for foreign-capital companies.
Our Advantageous Points
When communicating with internal auditors in English, it is stressful for both parties, auditor and audited company. Under such circumstances, we will be able to perform requests cast by internal auditors if appointing us as support member of audited company. Audited company, of course, fully outsource internal audit tasks to us. In such case, we implement internal audit procedures instead of head office members. We will be able to communicate smoothly with the parent company auditor and perform audit procedures efficiently and effectively.
According to the client’s situation, we fulfil various roles and respond to your requests relating to internal audit with our advanced expertise and affluent experience.
Examples of company which should consider our service
- The company which does not consider employment of staff member from the perspective of cost burden.
- The company which would like to outsource internal audit tasks to professional who can perform procedures according to instructions of head office.
- The subsidiary which tries to find out supportive staff who can deal with parent’s company request in English, instead of audited company.