Lux International Accounting Co., Ltd. provides accounting services to Japanese companies that are expanding overseas and to foreign companies operating in Japan.
If so, we can be of assistance. We provide flexible and practical services such as consulting for accounting issues, support for financial closing, and assistance with communications with overseas subsidiaries or parent companies, by utilizing our extensive expertise in IFRS and US GAAP advisory and financial closing.
Our mission
Our mission is to support the business growth of global companies by providing professional services based on our extensive expertise in global accounting.
Our services
We are focused on three main services: IFRS and US GAAP implementation for Japanese companies, financial reporting for foreign companies in Japan, and improvements in accounting operational efficiency.
1. IFRS and US GAAP implementation service
The IFRS or US GAAP implementation project requires a detailed analysis of accounting issues and discussions with external auditors independent of regular accounting work. However, if you proceed without in-house expertise, it could result in a heavy practical burden and schedule delays. In addition, the level of requirements from external auditors has been increasing in recent years, and it is difficult to perform analysis on accounting issues and documentation to a level that satisfies those requirements.
Our solutions:
Our IFRS and US GAAP implementation service supports clients during implementation projects and post-implementation financial closings. This requires a high level of expertise in accounting standards, and we provide customized support to meet the client’s needs in various situations.
Our service includes:
- Impact assessment of GAAP differences
- Detailed analysis on accounting issues
- Supporting preparation of GAAP adjusting journal entries
- Supporting preparation of financial statements and disclosure
- Assistance for the discussion with external auditor
- Development of IFRS accounting policy/manual
2. Financial reporting services for foreign companies in Japan
If you are a Japanese subsidiary of an overseas listed company or an equity method affiliate, you may be required by instructions from the parent company to submit financial statements and a consolidation package based on IFRS or US GAAP.
Based on our extensive experience in auditing and financial closing under IFRS or US GAAP, we can provide flexible support tailored to your company’s needs, including preparation of financial statements and consolidated package figures for parent company reporting and response to questions from the parent company. We will also provide timely updates on the revision of accounting standards, its impact on your company and the required actions to be taken.
Our service includes:
- Detailed analysis on accounting issues for new transactions/events
- Supporting preparation of GAAP adjusting journal entries and financial statements
- Assistance for consolidated package entry
- Assistance for the communication with parent company abroad.
- Advice for the improvements of the financial closing process
3. Improvements in accounting operational efficiency.
We provide services to improve the efficiency of clients’ accounting operations so that they are able to accelerate their financial closings.
Our service includes:
- Supporting preparation of financial statements and disclosures
- Development of accounting manuals
- Providing financial reporting checklist
- Advice for the improvements of the financial closing process
What are the advantages of choosing our services?
Contract Type and Fees
Please feel free to contact us using the inquiry form for a quote on a time-charge or fixed fee basis, depending on the type of service you require.
About us
Company Profile
| Company name | Lux International Accounting Co., Ltd. |
|---|---|
| Name of representative | Hikari Komine |
| Address | Aoyama office: 2-12-8 Kitaaoyama, Minato-ku, Tokyo
Head office: Chitosedai, Setagaya-ku, Tokyo |
| URL | https://lux-accounting.com/ |
| Please send us an email using the form below. |
Professional Profile
Hikari Komine
- Certified Public Accountant
- Certified Public Tax Accountant
- CEO and Founder of Lux International Accounting Co., Ltd.
Hikari is a Japanese CPA with a wealth of audit and accounting advisory experience accumulated through 20 years of business practice in a Big 4 accounting firm, financial company, and her own accounting firm.
She started her CPA career in 1999 at the PwC Tokyo where she provided audit and advisory services to many international companies.
She supported numerous multinational corporations in their adoption of IFRS and US GAAP.
She also has experience living in the US, from 2005 to 2009. During that time, she got an MBA from the University of Texas at Dallas.
Five years ago, she started her own accounting firm because she wanted to support clients in a more timely and flexible manner using her expertise. She also expanded her career by serving as an external board member at two public companies and one IPO-bound company in Japan.
