Japanese Business Services Events
2009 New York Spring Seminar series: Seminars in Japanese on accounting, tax and HR for Japanese rotational executives in Japanese companies in the US Recession triggered by the financial crisis in the US has become worse, and it has been said that the global economy is now in a downturn that we may see in “once every 100 years”. As we face the recession, efficient budget control and cost improvement are critical aspects of operations for any company. In so doing, comprehensive understandings of accounting, tax, risk management and human resources management are indispensable for successful execution. This seminar, with case studies, will provide you with an overview of US accounting, tax and HR systems, which are the foundation of doing business in the US.
The target audiences for the seminars, which are held in Japanese, are executives, who are responsible for finance, accounting, tax or HR. Also, please note that you may choose to register for only one of the four seminars.
The basics of US total compensation: motivating key employees while managing the risk and cost of the HR process from recruitment to termination
The US executive compensation levels are very high in comparison to those of other countries. Also, it is very difficult to understand benefit plans since each company offers different plans by customizing them. Many laws and regulations, including US Taxation and ERISA, influence HR systems and make them even more complex. Our clients have concerns such as the following: “We’re paying very high salaries to the executives in the US compared to those in Japan, but locally hired executives think their compensation is too low” or “I see that labor costs are rising overall.” In order to deal with such HR issues, it is important for Japanese management members to first understand the basics of total compensation programs, and be aware of the mistakes that Japanese companies often make. In this seminar, we will share our experiences and knowledge of HR issues that specifically apply to Japanese companies conducting business in the US.
- Date 27 April (Monday)
- Time 1 p.m. – 5 p.m. EST
- Fee US $180
Speakers:
Ryoko Mochizuki, Partner — National Leader of Performance and Reward JBS
Taichi Jinnai, Consultant — Performance and Reward JBS
Highlights:
- What is “total compensation?” – basics of US compensation and benefits and differences between Japan and US
- Overview of tax laws and regulations governing benefit plans and ERISA that Japanese executives must know
- Key issues and considerations in hiring, promoting and terminating
- How to retain and motivate key employees
- How to control labor cost
- Important points for restructuring
The basics of US business for Japanese rotational executives: an overview of accounting, tax and HR, considering the differences between the US and Japan and the impact of IFRS
Accounting, tax and HR are very critical elements for the basis of any organization. We must manage them with a good understanding of various rules and regulations. While it is important to learn and understand the basics of US rules, there is a very limited opportunity for Japanese rotational executives to review them comprehensively. This seminar will explain US business requirements focusing on accounting, tax and HR, and provide an opportunity for you to refresh your current understanding and revisit your organizational issues. Also, we will provide an update on the new roadmap adopted in Japan regarding IFRS.
- Date 29 May (Friday)
- Time 9 a.m. – 5 p.m. EST (Breakfast starts from 8:30 a.m.)
- Fee US $280 (Includes breakfast and lunch)
- Speakers There may be a change of speakers if there are any scheduling conflicts.
- Introduction to US accounting — Masumitsu Ito, Executive Director
- Basics of US tax — Akemi Kurumisawa, Senior Manager
- Basics of international tax — Kazuhide Kaga, Senior Manager
- Basics of Tax Accounting (FIN 48) — Hitomi Sato, Senior Manager
- Transfer pricing — Masatake Kuramoto, Senior Manager
- Overview of individual tax and payroll process — Masahiko Hata, Partner
- Risk management with JSOX and corporate governance — Masumitsu Ito, Executive Director
- US compensation and benefits — Ryoko Mochizuki, Partner
- Key points in IFRS conversion and status update — Masumitsu Ito, Executive Director
US performance appraisal training for Japanese executives: introduction to the US HR management in consideration of cultural differences
According to the compensation and benefit survey of Japanese companies in the US, “performance appraisal” is one of the biggest challenges for management. Many of our clients have similar concerns such as the following: “We have a “framework” of an appraisal system, but it is not properly implemented.” “Appraisal score is usually inflated.” “Managers cannot give effective feedback during appraisal meetings.” Without effective appraisal programs, companies cannot develop performance focused culture, motivate and retain talented employees and control human capital cost. Furthermore, the lack of communication can lead to a litigation risk. In this seminar, we will introduce key points in US performance appraisals supported by case studies.
- Date 26 June (Friday) Time 1 p.m. – 5 p.m. EST
- Fee US $180
Speakers:
Ryoko Mochizuki, Partner — National Leader of Performance and Reward JBS
Taichi Jinnai, Consultant — Performance and Reward JBS
Highlights:
- Benefits and risks of performance appraisal in the US
- Key points of effective goal settings
- Role of the managers in the performance appraisal process
- How to conduct an effective appraisal meeting
- Tips for effective communication with American employees
- Linking performance appraisal and compensation
Payment Please mail checks (Payable to Ernst & Young LLP) Attn: Keiko Mitsunaga
Ernst & Young LLP, 15th floor
5 Times Square, New York, NY 10036-6530
Location Ernst & Young LLP, 23rd floor conference room
5 Times Square, New York, NY 10036-6530
Registration
Please register via email. Please indicate which seminar and include your company name, title, address and phone number. The deadline for registration is three days prior to each event date. If you have any questions, please feel free to contact Keiko Mitsunaga.
Tel: +1 212 773 4069 Email: prjbs@ey.com
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