Auditing is all about inspecting and examining internal aspects of an organization to ensure the authenticity and reasonability. Singapore companies are legally required to file its audited financial report at the end of the year to IRAS, unless the company is exempted from audit requirements. Nonetheless, exempt companies can also have their audited report in order to figure out financial condition of their business. Plus, it helps them in applying financial loan and grant. A professionally maintained and timely delivered accounts is crucial for making the right and strategic business decisions to achieve higher profits and attract investors.
SINGAPORE TAXATION offers both statutory and internal auditing and assurance services for SMEs and large entities in Singapore. The methodologies of SINGAPORE TAXATION are unique and based on Big 4 audits. The team of skilled and knowledgeable auditors aspires to meet the exact requirements of our valuable patrons. Our services are client centric, reliable and versatile in approach and deliver in accordance with the generally accepted auditing standards.
A non-statutory audit is a verification and review of an organization’s financial report that is not required by either the law or a regulatory authority.
Non-statutory audit is solely meant for sole traders, small companies, limited and unlimited liability partnerships, associations, clubs, charitable trusts, and MCSTs.
It is done only to identify the financial positions and conditions of the businesses.
Rental or lease audit is contract compliance engagements thereby the goal is to ensure that all rennet and lease charges comply with the lease or rent agreement.
Help the clients determine whether their lease/rent related expenses have been fairly charged in accordance with their statutory lease/rent provisions.
Analyze the lease/rent, landlord accounting records
A financial audit is a review or assessment of the business’ financial statements.
Analyze the financial statements of the clients’ business to ensure that all information presented in it is authentic and comply with the Singapore Accounting Standards.
Risk and control assessment of client’s business and prepare audit report
Use risk-based methodology to address organizational risks and management controls.
Information systems audit is an assessment of internal system of business organization to verify its integrity, security and control.
Our Information system auditors identify, evaluate and recommend solutions to mitigate system vulnerabilities and leverage operational efficiencies
Help the companies or organizations to protect information systems, ensure compliance with statutory requirements and provides insights to leverage information system to reduce overheads.