Auditing Firm in Singapore

Not all companies in Singapore are required to undergo a statutory audit. Companies that qualify as a small company under the Singapore Companies Act may be exempt from audit requirements. We can help assess whether your company qualifies for audit exemption.

An audit provides an independent examination of a company’s financial statements to determine whether they present a true and fair view in accordance with applicable financial reporting standards.

A company may qualify for audit exemption if it meets the relevant small company criteria under the Singapore Companies Act. Contact us and we can help determine whether your company is exempt from audit.

The documents required will vary depending on your business. Common documents include financial statements, general ledger, bank statements, invoices, contracts, payroll records and supporting schedules. We will provide a detailed information request list at the start of the audit.

We adopt an efficient and structured audit approach, providing clear information requests and maintaining open communication throughout the audit process to minimise delays and help clients meet their reporting deadlines.

For companies with well-maintained accounting records and prompt responses to information requests, audit engagements can often be substantially completed within 2 to 4 weeks after all required information has been provided.

We understand that business owners and finance teams have day-to-day responsibilities to manage. Our audit approach is designed to minimise disruption by providing clear information requests, reducing unnecessary follow-up queries and maintaining open communication throughout the engagement. This allows the audit to be completed efficiently while enabling your team to focus on their normal business activities.

Yes. Many audits can be conducted remotely through secure electronic sharing of documents and virtual meetings where appropriate.

Audit fees vary depending on factors such as company size, industry, transaction volume and complexity. Contact us for a customised quotation of our auditing services based on your business requirements.

No. We provide transparent fee quotations based on the agreed scope of work.

If issues are identified, we will discuss our findings with management and provide guidance on the necessary adjustments or actions required before finalising the audit.

Yes. We provide practical guidance on preparing accounting records and supporting documentation to facilitate a smoother audit process.

We can assist with the preparation of financial statements where permitted and applicable. The scope of services will depend on your company’s requirements.

The audit report contains the auditor’s opinion on whether the financial statements present a true and fair view in accordance with the applicable financial reporting framework.

A professional audit firm provides independent assurance, helps ensure compliance with statutory requirements and offers valuable insights into financial reporting matters.

As an audit firm in Singapore, our audit approach focuses on efficiency, clear communication and timely completion. We work closely with clients to minimise disruption, provide practical guidance and ensure a smooth audit experience.

Yes. Companies may appoint a new auditor, subject to the applicable regulatory requirements and procedures. We can guide you through the auditor change process and liaise with your previous auditor where necessary.