Corporate Audit

Singapore Corporate Audit Services

Every year, a Singapore company must have its accounts audited by a public accountant and file the audited accounts together with its corporate income tax return to the Inland Revenue Authority of Singapore (IRAS). This is known as a statutory audit.

An independent public accountant should be appointed, separate from the firm handling your bookkeeping or management accounts, to ensure the audit report is independent and objective.

Statutory Audit

The mandatory audit includes the following procedures:

Determine the scope of the audit
Formulate the audit opinion
Examine all financial statements
Ensure compliance with the Inland Revenue Authority of Singapore and the Singapore Companies Act.
Detect potential accounting errors and reporting inaccuracies
Certify the audit report

Dealing with auditors can be challenging, as it requires patience and bookkeeping knowledge on the part of those being audited. Our firm will arrange the audit for your company. We will handle all enquiries raised during the audit process and provide supporting documents. We also manage the timeline to ensure the audited financial statements are submitted on time before the tax filing deadline.

Alternatively, if you already have a public accountant, we can provide business advice on how to improve your company's financial performance.

Non-Statutory Audit & Review Services

Different business settings and opportunities may require special audit services beyond the statutory audit. We can accommodate our clients' unique needs and perform the following services, among others:

Due diligent reports
Fraud investigation & forensic accounting
Review of internal controls & operations
Merger & acquisition due diligence

Contact us for a free consultation on the services you wish to engage, and we will provide professional assistance to implement the necessary course of action.

Begin Your Journey with HKWJ Tax Consultants Pte. Ltd.

HKWJ Tax Consultants Private Limited

Your Global Partner for Tax, Corporate & Compliance Solutions

Based in Singapore, HKWJ Tax Consultants Pte. Ltd. makes getting started simple. Tax compliance, accounting, incorporation, business support — our team tailors every solution locally, handled with the discretion and care you expect. Contact us to see how we can support your goals.

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Same commitment, new coordinates — welcome to our Hong Kong branch.