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We plan our audit to ensure we meet all your requirements.
We work fast and efficiently for every of our engagements to
ensure timely delivery of fairly stated financial statements
for your statutory filing and other purposes. We are also
mindful of our costs to ensure the fee we charge is very
competitive in the market and yet without compromising our
service quality. We provide the following audit services:
- Statutory;
- MCST;
- Charity;
- Grants;
- Co-operative Society
Our audit is carried out to ensure the financial statements are presented fairly
in accordance with the Singapore Financial Report Standards and the Singapore
Companies Act for filing with the Comptroller of Income tax and Accounting and
Corporate Regulatory Authority of Singapore (“ACRA”). We work fast and efficiently to meet your requirements.
Compilation Financial Statements
Opting for non-audit services
Today, many companies opt for non-audit services. A non-audited
report, also called compilation report will be a better option for
company to meet the same compliance requirement. It is less costly.
A typical audit job may cost S$5,000 to $10,000 and 2 to 3 months to
complete. A compilation report may cost only $300- $600 and 2 -3
days to finish.
Sufficient for tax filling and annual return
A compilation report will give you the comfort that the
information is compiled with professional competence and due care.
It is sufficient for income tax filing annual return filing purpose.
What a compilation report consists
A full set of financial statements (compilation report) should
including explanatory notes and accompanied by the Directors' Report
and the Statement by Directors. It needs to be prepared in
compliance with the Singapore Financial Reporting Standards
("SFRS").
What are the companies exempted for audit
Your company may be exempted for audit if:
- There is no corporate shareholder in the company
- The number of shareholders is less than 20
- Annual revenue of the company does not exceed S$5 million
- Majority shareholders (95%) agree
Check our Service
Fees
guide or contact our consultants for a
fee quote
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