Financial Audits

Financial-Audits

You can always turn to SingaporeAudit.com.sg for all your financial audit services needs. We have an in house team of certified auditors, who will look into the financial statement audit Singapore, and provide you a comprehensive report. This report will give a fair idea of where your company stands financially and can be shared with the shareholders or general public.

A financial audit is an important accounting process which is applied in businesses. It is the process of examining the financial transactions of an organization by an independent body. The purpose of a financial audit is to ensure that there no material misrepresentation of the financial facts and dealings. This process is undertaken by companies in order to present a fair picture of the financial health of company. The final report of the financial audit is furnished to the shareholders, public and anyone having an interest in the company.

Primarily, there are 4 stages in a financial audit process. They are:

Plan an Audit: This step involves the collection of company’s financial data in order to start the audit process.

Determine the Internal Controls: The auditor determines the internal controls pertaining to the financial procedures of the organization.

Examine the Internal Controls: The auditor then examines and scrutinizes the internal controls of the company’s financial proceedings and ensures if they are in compliance with the guidelines of GAAP.

Report the Conclusions: This is the final step in the financial audit process, wherein the auditor gives the conclusion about the financial status of the company.

Singapore Audit is one of the leading audit firms in Singapore that provides your company with the financial audit services. Our team of certified auditors ensures that your company is adhering to the existing accounting principles. We strive to give accurate, authentic and error-free financial audit reports that can be presented to everyone having an interest in your business.

Please feel free to contact us on +65 6536 0036 or drop in an email at info@singaporeaudit.com.sg

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