Ordinance on Organization of the Secretariat of Certified Public Accountants and Auditing Oversight Board

Link to law: http://www.japaneselawtranslation.go.jp/law/detail_download/?ff=08&id=2413
Published: 2010

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Ordinance on Organization of the Secretariat of Certified Public Accountants and Auditing Oversight Board (Tentative translation)

Pursuant to the provisions of Article 1, paragraph (2) of the Cabinet Order on Certified Public Accountants and Auditing Oversight Board (Cabinet Order No. 265 of 2000), the Ordinance on Organization of the Secretariat of Certified Public Accountants and Auditing Oversight Board is established as follows:

(Offices, etc. Established in the Secretariat)

Article 1 The Office of Coordination and Examination, and the Office of Monitoring and Inspection shall be established and one deputy director general for general coordination, one examination officer, one certified public accountant audit examiner, and up to seven chief certified public accountant audit inspectors and up to thirty-one certified public accountant audit inspectors shall be appointed, in the Secretariat of the Certified Public Accountants and Auditing Oversight Board (hereinafter referred to as the "Board").

(Office of Coordination and Examination)

Article 2 (1) The Office of Coordination and Examination shall administer the following affairs:

(i) Affairs related to general coordination in relation to the services that are under the jurisdiction of the Secretariat of the Board

(ii) Affairs related to the examination and deliberation of matters concerning disciplinary actions against a certified public accountant and registered foreign certified public accountant and disposition against an audit corporation

(iii) Affairs related to the procedure for making recommendations concerning administrative measures or any other measures to be taken in order to assure proper operations of the services of a certified public accountant, registered foreign certified public accountant or audit corporation set forth in Article 2, paragraph (1) of the Certified Public Accountants Act (Act No.103 of 1948; hereinafter referred to as the "Act"), the services that are found to correspond to the services set forth in Article 2, paragraph (1) of the Act of a foreign audit firms, etc. prescribed in Article 1-3, item (vii) of the Act, or the affairs of the Japanese Institute of Certified Public Accountants

(iv) Affairs related to the implementation of the certified public accountant examination

(v) In addition to what is listed in the preceding items, affairs related to the services that are under the jurisdiction of the Secretariat of the Board and are not under the jurisdiction of others

(2) The Office of Coordination and Examination shall have the director in charge of the Office.

(Office of Monitoring and Inspection)

Article 3 (1) The Office of Monitoring and Inspection shall administer the following affairs:

(i) Affairs related to the receipt of reports on the results of a review conducted by the Japan Institute of Certified Public Accountants on the status of the services of its members set forth in Article 2, paragraph (1) of the Act

(ii) Affairs related to the collection (limited to that delegated to it pursuant to the provisions of Articles 49-4(2) and (3) of the Act) of reports and materials pursuant to the provisions of Articles 46-12(1), 49-3(1) and 49-3-2(1) of the Act

(iii) Affairs related to the monitoring (limited to that conducted in relation to the reports set forth in item (i) and the reports and materials set forth in the preceding item; hereinafter referred to as the "monitoring" in item (vi)) as to whether or not the services of certified public accountants, registered foreign certified public accountants and audit corporations set forth in Article 2(1) of the Act and affairs of the Japan Institute of Certified Public Accountants are properly carried out

(iv) Affairs related to inspection (limited to that delegated to it pursuant to the provisions of Articles 49-4(2) and (3) of the Act; hereinafter referred to as the "inspection") pursuant to the provisions of Articles 46-12(1), 49-3(2) and 49-3-2(2) of the Act

(v) Affairs related to the training of officials engaged in the inspection affairs and the instruction and supervision of the inspection affairs

(vi) Affairs related to analyses and statistics of results of the monitoring and the inspection, and the preparation of other materials

(2) The Office of Monitoring and Inspection shall have the director in charge of the Office.

(Duties of Deputy Director General for General Coordination)

Article 4 The deputy director general for general coordination shall execute the affairs related to the coordination of important matters of the affairs that are under the jurisdiction of the Office of Coordination and Examination.

(Duties of Examination Officer)

Article 5 The examination officer shall execute the affairs of professional nature related to the certified public accountant examination, as directed.

(Duties of Certified Public Accountant Audit Examiner)

Article 6 The certified public accountant audit examiner shall execute the affairs related to the coordination of important matters of the affairs that are under the jurisdiction of the Office of Monitoring and Inspection, the development of a plan for the inspection, and the collection and organization of materials and information necessary to conduct the inspection, as directed.

(Duties of Chief Certified Public Accountant Audit Inspector)

Article 7 A chief certified public accountant audit inspector shall conduct the inspection, and organize the affairs carried out by a certified public accountant audit inspector, as directed.

(Duties of Certified Public Accountant Audit Inspector)

Article 8 A certified public accountant audit inspector shall conduct the inspection, as directed.