Auditing Services

accounting-services

Auditing Services provide an objective, independent and material based assessment of the performance of cost of programs and operations of a business organization. The firm possesses an expert team of professionals to provide you with the high-end auditing support that is needed to maintain accountability of the resources. We deliver services in accordance with the regulatory framework of ACRA (Accounting and Corporate Regulatory Authority) and GAAP (Generally Accepted Accounting Principle) to ensure compliance with laws and regulations.

Our auditing and assurance services help the businesses operate functions that achieve their objective while performing effective business activities. With years of on-hand experiences, vast knowledge on regulatory compliances, proven technical expertise, and competitive rates, we offer you the best value in auditing services in Singapore. We have the perfect combination of experience, expertise and knowledge to deliver highest quality audit services for our clients. We provide independent credibility of your financial report, advisory to management and solution-driven services to enhance systems and performance. Below listed are the auditing services we offer under this section.

Statutory Audits

  • The statutory audit is performed to ensure that the financial statement of an organization is presented in a true and fair way and devoid of any material error and misstatement.
  • At Singapore Audit, we ensure that the report has been prepared in accordance with the legal compliances.
  • We carried out the auditing support and assurance services under the applicable statutes and laws.

Non-Statutory Audits

  • Non-statutory auditing is not restricted to any law or status and so has no any legal requirement and implication.
  • We provide independent audit assurance on the integrity of financial statements and effectiveness of the control and management of the organization.
  • We help you to identify weak points and issues associated with your organization and assist in making productive changes based on our findings.

Department & Business Reviews

  • Department review addresses those administrative functions pertaining to any operating unit.
  • Business review helps to determine right business decisions.
  • We evaluate the adequacy of controls, safeguarding of assets, efficient use of resources, and integrity of financial report.

Rental Audit

  • We undertake rental/lease audit to ascertain that all your lease documents and billings are properly reviewed and verified.
  • We also ensure that the rent and lease amount charged by the landlord is fair and comply with the lease or rent agreement.
  • We serve you in accordance with guidelines set up by various regulatory bodies

Financial Audits

  • Financial audit is performed to evaluate that the financial statements are prepared, in all material respects, in accordance with the financial reporting framework of Singapore.
  • We examine whether the financial statement of your company is free from material misstatements and errors.
  • We carry out the auditing act by focusing mainly on the three stages of auditing such as planning performing and reporting.

Operational Audits

  • Operational audit is an examination where auditor reviews critical processes, assesses whether a business uses resources efficiently, and identifies opportunities for improvements.
  • While financial audit is done to reveal problems of a system, operational audit is undertaken to find out the operational causes of any financial problems.
  • We help you identify inefficiencies in project budget management, closing processes and risk management.

Information Systems Audits

  • We conduct an examination of the controls within an entity’s Information technology infrastructure to ensure its efficiency, control and integrity.
  • Our IS auditors provide guidance to comply with the applicable IS Audit and Assurance Standards.
  • The team of IS auditor emphasize the importance of mitigating security risks of the application, operating and networking systems of the business organization.

Integrated Audits

  • A combination of operational and IT audit procedures that is conducted to review and evaluate potential risks presents in operational or information technology of an organization is termed as integrated audit.
  • We perform integrated audits when a business highly depends on the integrity of digital data and availability and reliability of application systems.
  • We intend to ensure that IT system of organization adequately support the needs.

Investigative Audits

  • Investigative audit is performed to verify and clarify any doubt that may occur regarding any form of transaction.
  • We proactively address corporate operational risks of an organization.
  • We conduct investigative audit upon demand in order to validate or contradict occasional allegations and claims.

Follow-up Audits

  • Follow-up audit is a kind of review that takes place subsequent to the issuance of audit report.
  • We examine whether the corrective actions taken by the management are authentic.
  • At Auditing Services, we conduct follow-up audit services to ensure that financial reports are prepared within the regulatory framework of IRAS.
Please feel free to contact us on +65 6536 0036 or drop in an email at info@singaporeaudit.com.sg

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