We provide below Auditing Services:
- Statutory Audit of Financial Statements
- Charity Audit
- Gross Turnover Audit
- Sales Audit
- Grants & Subsidiaries Audit
We are Audit Firm in Singapore providing auditing services. As Auditor, we deliver services such as Statutory audit, Charity Audit, Gross Turnover Audit (GTO), Sales Audit, Grants & Subsidiaries Audit, etc. We are Chartered Accountants and Public Accountants of Singapore registered with ACRA.
We set to work with our clients closely to so as to have a smooth audit process. We understand our clients' business nature and their business so that we can work hand-in-hand with our clients to address all of the audit issues. Together with our clients, we are able to perform our auditing services in an organised and timely manner.
Besides, our fee is very competitive as we are able to handle the audit efficiently and effectively. Our auditors are experienced and thereby understand auditing requirements. Our team is an excellent communicator, who is able to explain to our clients the latest auditing standards and Financial Reporting Standards.
Am I required to be audited?
To determine whether an audit is necessary, companies will have to assess whether they meet the audit exemption criterion. The Companies (Amendment) Bill 2014 was passed by Parliament in October 2014 and among the key changes introduced was the “Small Company” concept. The small company qualifying criteria apply to private companies who meet at least 2 of 3 following criteria for the immediate past two consecutive financial years:
- Total annual revenue ≤ S$10m;
- Total assets ≤ S$10m;
- Number of employees ≤ 50
The new audit exemption guidelines are intended to help reduce regulatory costs for smaller companies that do not have wide market impact. If you are uncertain as to whether your company requires an audit, please feel free to contact us and our experts will advise you accordingly.
Companies which are exempt from audit requirement are still required to prepare financial statements and file annual returns with the Accounting and Corporate Regulatory Authority (ACRA). You may refer to our service ‘Financial Statements Compilation’ or just call us to find out more.