Overseas subsidiaries are increasing their presence in the Group.
There are two issues that the Japanese parent company needs to clear in order to visualize the situation.
These are “strengthening internal audits” and “understanding accounting information.

Many Japanese parent companies have trouble understanding the status of their overseas subsidiaries.
Internal audits are conducted only once every few years, and accounting information sent from overseas subsidiaries is prepared based on local tax standards, which is difficult to decipher and its accuracy is questionable.
There are two solutions to this situation. There are two ways to resolve this situation: “strengthen internal audits” and “understand accounting information” to make overseas subsidiaries more visible.

(1) Current status of overseas subsidiary management
General situation of subsidiary management by the Japanese parent company
Barriers to global governance (personnel and information)

(2) Eliminate the black box of overseas subsidiaries! Key Points of Internal Audit
Why do overseas subsidiaries become black boxes?
Key Points for Strengthening Internal Auditing
What is the modern internal audit? Cost Reduction & Management Enhancement by Combining Outsourcing and Head Office Visits

(3) It’s not that difficult! Key Points for Grasping Accounting Information
Certain problems that can occur when leaving the task to the local system or local accounting firms.
The key to success in DXing of group accounting to grasp accounting information
(1) Break down communication and data barriers
(2) Separate accounting and taxation
(3) The cause of failure lies in “people and organization
The new normal in the age of cloud computing! Case studies of accounting system integration in 7 countries in 6 months, etc.

In this era of cloud computing, it is not so difficult to visualize overseas subsidiaries.
We will introduce you to the latest internal audit methods and how to grasp accounting information.