Audit & Assurance

Uncover Insights, Irregularities, And More

Businesses of all sizes trust Assurance’s audit services for greater compliance, insight, and clarity into the heart and soul of their company, so they can drive their organization forward with greater confidence.

Speak To An Assurance Partner Now

Fill up the simple form below, and we’ll share how we can help take your business to the next level.

WE DO MORE THAN AUDIT YOUR STATEMENTS.

We Give You Assurance.

Auditing is more than just a financial review and report. It’s about embracing your unique challenges and aspirations and ensuring that there are strong pillars that can support your definition of business success. Assurance gives you the peace of mind, and shines light on the what, how and why of change, so you’re proactive, not reactive.

Understand Your Business Like Never With Assurance

Rapid changes in the complex business world mean new and increasingly complex risks.

As part of our audit process, Assurance helps you to make sense of your business and financial risks and recommend the best ways to address and mitigate them.

Gain Deeper Understanding

See what’s driving your business, and what’s hurting it from in-depth reporting.

Comply With Regulations

Navigate complex financial regulations and audit requirements with precision.

Uncover Any Irregularities

Expose fraud, reveal financial irregularities, and more with clear and impartial analysis.

Risk-Based Audit

Our risk-based audit approach focuses on business drivers, the associated risks and potential effects on the financial statements. The end outcome are insights that you can count on.

Credible & Trusted

Assurance lends credibility to your company’s financial statements for the purposes of statutory filing in Singapore as well as reporting to your Home Office for Group consolidation purposes.

Identify Improvements

Assurance assists you in identifying areas for improvement in your internal control system and recommends the necessary next steps for you to improve your processes.

Understand Your Business Like
Never Before With Assurance

No matter the type, size or complexity of your project, Assurance provides expert-driven audit services that bring you professional solutions to uncover practical insights that drive better decisions.

TRUSTED EXPERTISE, CREDIBLE ADVICE

Leave No Stones Unturned With Auditing Services You Can Trust

A long-standing, premier auditing service firm, Assurance prides itself on being able to tailor the right audit solution to fit your complex and unique business demands. Blending diverse knowledge from the auditing and financial field with trusted-and-proven auditing methodologies, our services help you to meet your most stringent regulatory and business requirements, lending critical credibility where it matters.

HOLISTIC ASSESSMENT

Our auditing services are comprehensive, holistic and give you a bird's-eye view of your company’s performance. From operational processes, to organizational structures, we spare no detail to get you the insights you need to reach business success.

COMPLY AND ALIGN WITH STRINGENT REGULATIONS

Tackle and address critical audit issues, missing links and more with Assurance audit experts. With our in-depth analysis and step-by-step review, we’ll help you assess every aspect of your company

HIGHLIGHT AREAS OF WEAKNESSES

With Assurance, you get more than just an audit partner. You get a partner who’s dedicated to your business success. Beyond complying with the relevant standards, we’ll highlight critical issues that need to be addressed from our in-depth findings - so you take pivotal action and grow.

FAST, RELEVANT SERVICE

Speed is of the utmost importance in a fast and rapidly changing world. Our audit services uncover crucial insights and recommendations that help you achieve your specific business objectives, better manage risks, and improve overall business performance, so you thrive.

OBJECTIVE ORIENTED SOLUTIONS

At Assurance, there’s no cookie-cutter solution. From the start, our audit experts work with you to clearly define your business objectives, and recommend the best solution to help you get the most out of your audit. The result is you reaching your goals faster, clearer.

Straightforward - From Audit To Insight

Assurance’s audit services are professional, to the point, and minimises friction as much as possible.

Discovery

Discuss your audit requirements with our audit experts.

Checklist

We’ll come up with a detailed audit checklist based on your needs.

Approval

You’ll have full clarity over what’s covered in our audit checklist.

Insights

Our findings expose weaknesses and suggest improvements.

Audit

Our experts will start our deep analysis to uncover deep insights.

No Unnecessary Audit Delays - We Get Out Of Your Way

With Assurance, you won’t be expecting any unnecessary audit delays. Assurance applies various measures and controls to ensure speedy and accurate audits, so we do not interrupt your workflow.

Interim Audits For Urgent Cases

Audit cases with tight deadlines require an expedited interim audit, which Assurance will conduct 2 to 3 months before your financial year ends. This is so that we minimise resources, time and effort when we conclude your final audit after the financial year.

Custom Audit Checklist That Fits Your Business

Every business is different; so are its audit demands and requirements. Assurance customises a specific audit requirements checklist for your business based on your business model, so you can properly prepare your documents for a satisfactory audit.

Risk-based Audit Methodology

Assurance adopts a risk-based audit approach to our assessment; a methodology that is recommended by the Singapore Standards of Auditing. That means Assurance crunches critical data to identify important, highly risky areas, so as to perform audit tests to mitigate audit risks. This allows us to efficient focus on auditing risky areas.

Assignment Supervision For Efficient Audits

Every audit assignment is handled directly by at least one senior auditor, and is supervised by audit managers to ensure the utmost quality in our service delivery. From the fine details, to aligning our audit with the overall audit strategy, Assurance partners will be by your side every step of the way to ensure prompt delivery and service.

Hop On A Free 30-Minute Consultation With An Assurance Partner

Every audit journey is different, but they all start the same way: with an in-depth Discovery call. Speak to an Assurance Partner today to let us understand your unique business challenges, and your audit needs, and we’ll share with you how we can help.

Frequently Asked Questions

The length of the audit process can vary depending on the size, complexity and nature of your company. However, we usually complete our audits within 1 month.

If you run a private company whose financial year begins on or after 1 July 2015, your company will be exempt from an audit if you are a small company; i.e. you meet 2 out of 3 of the following criteria:

  1. Your total annual revenue is not more than S$10million
  2. Your total assets are not more than S$10million
  3. You do not have over 50 employees

If your company operates as part of a group of companies, your company will be exempt from an audit if:

(a) Your company qualifies as a small company; AND

(b) The group of companies is a small group of companies

For a group of companies to be a small group, it must meet at least 2 of the 3 quantitative criteria on a consolidated basis for the immediate past two consecutive financial years.

Where a company has qualified as a small company, it continues to be a small company for subsequent financial years until it is disqualified. A small company is disqualified if:

(a) it ceases to be a private company at any time during a financial year; or

(b) it does not meet at least 2 of the 3 quantitative criteria (mentioned above) for the immediate past two consecutive financial years.

Where a group has qualified as a small group, it continues to be a small group for subsequent financial years until it does not meet at least 2 of the 3 quantitative criteria for the immediate past two consecutive financial years.

Assurance processes financial statements in both SFRS and IFRS formats.
From an audit perspective, there is no implication, except that we’ll not be able to use last year’s data for comparison. From a tax perspective, your corporate tax will be computed based on 2 Years of Assessment.