ARK Outsourcing KK provides one-stop service mainly to Japanese branches or subsidiaries of foreign-based companies.
In this article, we will introduce the basic information about making English company documents such as articles of incorporation or meeting minutes in a dialogue style. The contents of this article are based on our discussions in the internal study group.
Characters
Ken (male):
Ken is 22 years old. He has been with ARK for a year.
(Golden color. Missing my vacation. Missing the beautiful beach.)
Emma (female):
Emma is 34 years old. She is a mother of one child and a trainer at ARK.
(No more summer. Fall is coming. Cozy chilly morning.)
George (male):
George is 46 years old. He has been working hard to become a paralegal.
(Drank too much. Good-bye my beer belly. Ready for work-out.)
Discussion
Ken:
“Back to work. My desk again. Certificate is right here.”
My summer vacation is over. I’m back. I’ve just saw a certificate of all historical matters on my desk. Surprisingly, the name of an accounting auditor is listed in the certificate.
I’ve never seen it before. Could you explain it to me in detail?
Emma:
Ken, did you get a suntan? Your Haiku expression is great!
The accounting auditor’s role is to investigate and report the financial status of companies for the purpose of protecting stakeholders. Not all companies are required to appoint an external auditor. Under the Companies Act, companies with stated capital of 500 million yen or more or total liabilities of 20 billion yen or more are required, and the name of the accounting auditor has to be registered in the certificate.
George:
Ken, you should improve your Hiku skills.
In order to ensure the transparency to donors and members, there are cases where NPOs such as public interest corporations and specified non-profit corporations are required by law to appoint accounting auditors. Probably, the name of an accounting auditor is also listed in the IR of the company I’ve been investing with my girlfriend. I’ll check it out with her.
Conclusion
In this article, we mentioned the “obligation to appoint an accounting director.”
Please note that this article only introduces general outlines and does not include professional advice. So please make sure not to make any decisions without taking professional advice individually. If you have any questions, please feel free to contact us.
(Reference / in Japanese)
The Companies Act
Article 327
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