Audit & Assurance
Uncover Insights, Irregularities, And More
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WE DO MORE THAN AUDIT YOUR STATEMENTS.
We Give You Assurance.
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
Comply With Regulations
Uncover Any Irregularities
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
Understand Your Business Like
Never Before With Assurance
TRUSTED EXPERTISE, CREDIBLE ADVICE
Leave No Stones Unturned With Auditing Services You Can Trust
COMPLY AND ALIGN WITH STRINGENT REGULATIONS
HIGHLIGHT AREAS OF WEAKNESSES
FAST, RELEVANT SERVICE
OBJECTIVE ORIENTED SOLUTIONS
Straightforward - From Audit To Insight
No Unnecessary Audit Delays - We Get Out Of Your Way
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
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:
- Your total annual revenue is not more than S$10million
- Your total assets are not more than S$10million
- 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.