ADVISORY
Japanese GAAP & IFRS advisory
Support for accounting issues under Japanese GAAP and IFRS, including Japan’s new lease standard and revenue recognition. Connect policy decisions with data, closing procedures and systems.
01 / WHAT WE DO
Scope & purpose
Start with the contract and the actual transaction. We clarify the applicable framework, accounting issues, options and supporting rationale, and document the outcome so it can be carried forward when staff change.
02 / PROCESS & HANDOFF
How the work progresses
- Understand the factsIssue list and required information
- Translate policy into practicePolicy memoranda and practical schedules
- Continue through closingOngoing issue log and procedure updates
Illustrative workflow. The scope and deliverables are agreed for each engagement.
01Understand the facts
Review contracts, transaction substance and current treatments. Distinguish a new transaction issue from a standard implementation project and identify the evidence and impact areas.
Output / next handoff: Issue list and required information
02Translate policy into practice
Consider options and their rationale, then prepare policy and issue memoranda, calculation schedules and closing procedures. Revenue recognition matters may include performance obligations, variable consideration and principal-versus-agent assessments.
Output / next handoff: Policy memoranda and practical schedules
03Continue through closing
Review matters arising during implementation or closing and refine the records and procedures. Regular advisory discussions can cover new transactions before the reporting deadline.
Output / next handoff: Ongoing issue log and procedure updates
03 / DELIVERABLES
Deliverables & their use
- Accounting issue and policy memoranda
- Calculation and closing schedules
- Records of ongoing discussions and procedure updates
The package links figures and conclusions to source information and review records. Its precise contents are agreed for the engagement.
04 / DISCUSS YOUR NEEDS
Getting started & engagement conditions
Tell us about your current challenges, available records, team and systems, and desired timing. We confirm priorities, deliverables, responsibilities, schedule and fees before starting. Ongoing advice and periodic reviews can be included within an agreed scope.
The contracting entity and delivery team will be identified in our proposal. Depending on the engagement, the contracting entity may be ICHIYAMA ACCOUNTING OFFICE or 株式会社CP ARCS, of which Manabu Ichiyama is Representative Director.
LET’S TALK
Let’s work out your next step.
You do not need a finalized brief. Start with the challenge or the work you would like to entrust.