RISK ADVISORY SERVICE

Operating new business processes that incorporate internal control requirements designed in conjunction with the construction of new information systems reduces redundant and wasteful rework.

We help you to operate the internal control evaluation and reporting system required for corporate reforms such as information system restructuring, M&A, etc., to document internal controls, and to ensure that the quality level is high enough for external audits.

If the initial introduction of J-SOX resulted in an excessive workload for internal control evaluations, especially operational evaluations, you can reduce the workload by reviewing the scope of evaluations and key controls.

When an information system is restructured, it is necessary to review not only ITGC and ITAC, but also related business process controls in general. Also, a review of business process controls is required when business processes change drastically due to organizational restructuring, significant organizational changes, or the launch of a new and large-scale business.

Since resources for internal audits, including J-SOX compliance, are often limited, if resources are insufficient, outsourcing can solve the resource shortage and allow for internal control assessments to be conducted at remote locations. In cases where resources are available but know-how is lacking, outsourcing allows for the accumulation of in-house know-how.
We support your J-SOX compliance in cooperation with overseas network firms.

Internal audits serve to check whether the day-to-day activities of an organizational entity are operated in accordance with the rules (internal controls) determined by the organization, whether any actions are taken that pose a risk to the entity, and whether the current rules are effective and efficient in reducing risk, The purpose is to ensure compliance with laws and regulations, to protect assets, and to improve management efficiency.
By establishing an internal audit system or strengthening the internal audit function, it is also possible to achieve corporate governance, prevent and detect fraud at an early stage, and improve operational efficiency.

Since internal audit resources are often limited and the level of internal audit functionality required varies depending on the size and business operations of the company, it is essential to conduct internal audits in a manner that is well balanced with the risks involved. A well-functioning internal audit can contribute to the development of the investee's business by providing information, suggestions for improvement, advice, and follow-up to the business execution department. Therefore, if resources are insufficient, outsourcing can eliminate resource shortages and enable internal audits to be conducted remotely. In addition, when resources are sufficient but know-how is lacking, co-sourcing will enable the accumulation of in-house know-how.

We work with our network firms overseas so that we can help you conduct internal audits of your overseas subsidiaries.

Recently, more and more Japanese companies are finding their way overseas and acquiring overseas companies. In order to increase the corporate value of the Group, it is important to maximize synergies within the Group. On the other hand, there are an increasing number of cases where the actual status of overseas subsidiaries is unknown and it is difficult to know where to start.

In general, due to the physical distance and cultural differences between the parent company and the overseas subsidiary, interpersonal interaction tends to be limited, and management tends to be left to the overseas subsidiary. This tendency for lack of oversight by the parent company and lack of resources for monitoring is even more pronounced in overseas subsidiaries, and in recent years there has been an increase in misconduct at overseas subsidiaries.

Each of the subsidiaries has different organizational management capabilities and business diversity.
In order to strengthen the group's organizational capabilities and achieve the group's goals and business strategies, it is necessary to have a deep understanding of group companies.

We work with overseas network firms to investigate the financial position of overseas subsidiaries, visualize and review their operations, and present and implement improvement measures to help improve the management systems of overseas subsidiaries and so on.

Recently, the number of corporate scandals has been increasing, and corporate governance, a system to monitor corporate management, has become increasingly important. For corporate governance to function adequately, it is important to build and operate an internal control system and also to build and operate a company-wide risk management (ERM) system.

"Accounting standards are revised every year in order to cope with highly globalized and complex businesses. At GYOSEI Consulting, we do not just introduce the revised accounting standards, but also provide accounting guidance by considering the interpretation of the accounting standards suitable for your business, which is assumed from the background of the revision. We also collaborate with CPAs belonging to Group auditing firms to introduce the latest industry trends and support your company's further growth."