Accounting Growth Engine] What should accounting do to comply with the Torihiki Law? |Works Applications, Inc.

Commentary on legal changes/trends

Growth Engine of Accounting]
What should accounting department do to comply with the Takeover Bills Act?

〜How to prepare for accounting to avoid "I didn't know" - (in Japanese)

2026/03/10 (Tue) 16:00～

With the enforcement of the Act on the Proper Treatment of Small and Medium-sized Entrustee Transactions (Torihiki Hou), the accounting department in charge of payment practice is required to have more advanced control than ever before, such as strict management of payment sites, prevention of retention, preservation of Article 7 records, and thorough elimination of prohibited activities.

In this seminar, Mr. Tetsuji Konda of Nishimura & Asahi, Gaikokuho will give an overview of the Torihiki Law and the points of revision, and explain the key points of
accounting practice.
In particular, he will explain in detail the legal requirements that accounting departments face and their practical responses, from meeting the payment deadline of "60 days from receipt of deliverables" and avoiding delays in payment due to delays in on-site acceptance inspection, to the creation and preservation of "Article 7 records.

In addition, WAP explains the concept of designing business processes to ensure that compliance with the Torihiki Law is implemented on site.
Visualization and prevention of retention of invoices from receipt to approval to payment, centralized management of trails, prevention of input errors and omissions, etc. will be introduced.

Recommended for those who want to organize everything from understanding laws and regulations to establishing operations in a short period of time.

Recommended for

For those who want to correctly understand the legal requirements and rules to be complied with in accounting under the Law.
Those who want to know the specific changes and risks in accounting practices, such as management of payment sites and preservation of Article 7 documents.
Those who want to put into operation the business process from receipt of invoice to payment.

Speaker Information

Mr. Tetsuji Konda

Nishimura & Asahi, Foreign Law Joint Enterprise
Attorney at Law

Mr. Uemura has handled a wide range of cases including M&A, general corporate matters, and company-related litigation, with a focus on business restructuring. He has also been involved in matters related to investment in Thailand by Japanese companies and Thai business. He has been involved in numerous business restructuring cases and has extensive experience in both legal and private restructuring. He has also been involved in many medium- to large-scale M&A transactions and corporate litigation, including complex claims for damages, defamation suits, stock price determination cases, and claims of repudiation under the Bankruptcy Law.

Kazuyuki Uemura

Manager, BPO Department, Customer Success Division, Works Applications, Inc.

Moderator

Masaaki Fujiwara

Works Applications, Inc.
Principal

As a product manager with an engineering background, he has extensive experience ranging from product development to large-scale implementation projects. He also has extensive experience as a technical sales representative, armed with extensive business knowledge across the accounting and supply chain domains. Currently, he also speaks at numerous events as a presenter and facilitator to maximize the knowledge of experts and organize business issues.

Seminar Registration Form