Auditors, generally known as certified public accountants (CPA) provides an independent audit opinion on the company financials and ensuring that the records and statements are accurate and true. An audited account also further provides credibility of the company and assures outsiders such as investors or potential clients that require your company financials to be audited.
Audit is compulsory when a company turnover is more than SGD$5 million or when the company has a corporate shareholder in Singapore though there are businesses that are exempted from audit depending on the type of business and size. There are also many companies in Singapore that does voluntary audit.
Auditing gives shareholders and external parties assurance as auditors will have to give its independent opinion on whether the financials are accurate and whether the business have any ongoing concerns. Audited financials may also be required when bidding for job projects etc.
Excellence Singapore work with a few audit partners to ensure that our clients enjoy the best service and cost that suits your requirement.
Contact us to know how we can assist you!