WARC has entered into a capital and business alliance with IAIC to strengthen its accounting and internal control support framework for Japanese companies with overseas subsidiaries. It will expand financial reporting and governance support for companies operating overseas.
WARC announced a capital and business alliance with IAIC, an accounting and internal control specialist firm. Through the alliance, it will strengthen accounting and governance support for Japanese companies with overseas subsidiaries and global companies.
The alliance is driven by the acceleration of Japanese companies' overseas expansion and growing demand for support with the financial reporting work of overseas subsidiaries and the establishment and operation of internal control and governance frameworks. WARC will combine its expertise in execution support in Japan with IAIC's expertise in overseas projects.
Specifically, WARC will receive an investment from IAIC, jointly provide accounting, internal control and governance support for overseas projects, and promote financial reporting support and the establishment of internal control frameworks for overseas subsidiaries.
The companies will also jointly promote the creation of an environment in which highly specialized personnel can perform at their best, while seeking to expand sales channels for WARC's internal-control operations DX SaaS, “smoove J-SOX.”