Service
Audit services in Singapore
Accorp PAC is a public accounting firm registered with ACRA. We audit Singapore-incorporated companies — for statutory purposes, and where a lender, regulator or parent company requires it.
When you need this
When an audit is needed
A statutory audit is the most common reason, but it is not the only one. Financial statements are also audited or reviewed for:
- Banking and facility requirements
- Branch or amalgamation reporting
- Due diligence on a transaction
- Grant applications
- Industry-specific requirements
- Shareholder requirements
- Tax investigations
- Tenancy agreements
An audit adds credibility to the information given to shareholders, investors and lenders, so that decisions rest on figures that have been independently examined.
Scope
What we audit
Financial statements audit
The statutory audit. We give reasonable assurance on whether the financial statements are free from material misstatement and conform with the Companies Act and Singapore Financial Reporting Standards.
Special purpose audits and certifications
Audits and certifications prepared for a specific reader — a subsidy claim, a grant body, a landlord or a lender — rather than for general statutory filing.
Agreed-upon procedures (SSRS 4400)
A defined examination of the transactions or balances you nominate. Useful where you need focused comfort on a specific area rather than an opinion on the full accounts.
Before you engage anyone
Do you actually need an audit?
Singapore exempts small companies from statutory audit. Enter your figures and we will show you how they sit against the criteria ACRA sets. No meeting, no obligation.
Want this confirmed against your actual accounts?
Leave your details and we will check your position properly — including the two-year test and, if it applies, your group. No obligation.
Or book a consultation instead.
The small company criteria are set by ACRA under the Companies Act and are assessed across the two immediately preceding financial years. This is an indication based on the figures you entered, not an audit opinion or advice on your position. ACRA opened a review of this framework on 26 February 2026 and the current thresholds remain in force. ACRA publishes the current criteria. Figures last checked 19 September 2026.
How we work
How the engagement runs
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1
Scoping
We review your structure, records and filing deadline, then confirm what the audit covers and what it will cost.
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2
Document request
One consolidated request, issued up front, so your team can plan around it instead of answering it piecemeal.
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3
Fieldwork
Testing and review. Questions are raised as they arise rather than saved for a report at the end.
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4
Opinion and sign-off
We issue the audit opinion and the financial statements, and talk through anything worth your attention.
What you can expect
How we work
- Engagements are partner-led. You deal with the person responsible for the opinion.
- Audit staff are professionally qualified, with knowledge of business processes, financial systems and controls alongside the accounting standards.
- Work is carried out to the Singapore Standards on Auditing.
- Our audit is independent and objective. Where we audit a company, we do not also prepare its accounts.
Common questions
Questions we are asked
Not every company does. Singapore exempts companies meeting the small company criteria under the Companies Act, assessed on revenue, total assets and employee numbers across the relevant financial years. Group structures are assessed differently from standalone companies. We tell you plainly whether you fall inside or outside the exemption before you engage us, and ACRA is the authoritative source on the criteria.
For an SME with orderly records, fieldwork is usually a matter of weeks. The timeline depends far more on how quickly the document request is answered than on the size of the company. We agree a schedule at scoping and flag early if anything threatens your filing deadline.
Not for the same company. An auditor reviewing accounts their own firm prepared would be reviewing their own work, which compromises independence. Where we act as your auditor, your bookkeeping sits elsewhere.
We can tell you at scoping what condition the records need to be in, and what is missing. Where bookkeeping needs to be brought up to date first, that work has to be done by someone other than us if we are auditing you.
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Further reading
Questions clients ask about this
Does my Singapore company need an audit?
Most Singapore companies do not need a statutory audit. The exemption is wider than many directors assume, and companies engage…
What ACRA’s audit exemption review could mean for your company
On 26 February 2026 the Accounting and Corporate Regulatory Authority announced a review of Singapore’s audit exemption framework. The stated…
Choosing an audit firm in Singapore
If you are looking for an audit firm in Singapore, the useful first question is not which firm — it…
If you want a number rather than a conversation
Request an audit fee estimate
An audit fee depends on how many entities are in scope, the condition of the records and your deadline. Tell us those and we will come back with a figure rather than a brochure.
Discuss your audit and assurance requirements
Tell us what you need and we will come back to you.
- Office151 Chin Swee Road #04-08A Manhattan House, Singapore 169876
- Telephone+65 6926 3960
- Emailcontact@accorp.com.sg