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February 23, 2012

PKF adds a Japanese audit firm

PKF International (PFKI) has added the Japanese firm Osaka Audit Corporation (OAC) to its global network.

OAC was established in 1979 and provides mainly audit services for Japanese global companies listed on Japanese stock markets.

Other services include review of financial statements, due diligence, IT audit, IFRS adoption consulting and internal audit.

OAK reports annual revenue of about $13.3m and was ranked the 12th largest audit firm by the Japanese Institute of Certified Public Accountants in terms of number of listed audit clients. 

The firm will trade as PKF Osaka Audit Corporation and will work closely with PKF Nakamoto & Co, the other PKF member firm in the country.

“The opportunity for the global network in tapping into the vast Japanese investment presence globally has grown exponentially with this admission to the membership.”  PKF International Asia-Pacific regional director Stephen Darley said.

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