OPERATIONS
Accounting & closing outsourcing
Monthly, quarterly and annual closing, consolidation and specialist accounting calculations. We take on the recurring work you need, combining staff execution with CPA review.
01 / WHAT WE DO
Scope & purpose
A shortage of experienced staff does not have to leave all the work with one person. You can entrust an entire closing process or individual calculations, consolidation adjustments and supporting schedules. The scope and frequency are agreed around your internal team.
02 / PROCESS & HANDOFF
How the work progresses
- Agree the data handoffData request list and open questions
- Prepare, calculate and reconcileJournal entries, calculation schedules and reconciliations
- Review significant mattersReviewed figures and correction records
- Deliver and carry forwardClosing package and next-period handover
Illustrative workflow. The scope and deliverables are agreed for each engagement.
01Agree the data handoff
Define the records, evidence, base data, formats and timetable. Identify missing information and exceptional transactions.
Output / next handoff: Data request list and open questions
02Prepare, calculate and reconcile
Staff prepare agreed journal entries, closing calculations and reconciliations. Examples include impairment, asset retirement obligations, tax effect accounting, leases and revenue recognition under agreed policies. Consolidation data, adjustments, parent reporting and disclosure figures can also be included.
Output / next handoff: Journal entries, calculation schedules and reconciliations
03Review significant matters
A CPA reviews specialist calculations, important matters and deliverables, and directs corrections. Management receives the information needed for its decisions and approvals. New policy development is scoped separately.
Output / next handoff: Reviewed figures and correction records
04Deliver and carry forward
Deliver the agreed closing package and unresolved items by the agreed date. Parent or subsidiary queries and support for external auditor questions can be included in the contract.
Output / next handoff: Closing package and next-period handover
Source records, business context, accounting policies, decisions and approvals.
Agreed preparation, calculations and supporting records.
Work design, significant accounting issues, review and quality management.
03 / DELIVERABLES
Deliverables & their use
- Journal entries and closing schedules
- Consolidation worksheets and reporting data
- Supporting calculations, reconciliations and review records
- Disclosure figures and outstanding matters
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
We separate initial setup from recurring work and agree the division of responsibilities with your existing staff and tax adviser. New accounting policies or calculation models are advisory work; once established, their recurring calculations can be handed over to outsourcing.
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.