Reduce the chances of fraudulent activities inside your company through top-notch audit services in Singapore. Add credibility to information presented to shareholders & give investors assurance to make decisions with confidence. Get professional audit services from our experienced qualified auditors.

The Auditing Need in Singapore

Outsourcing auditing services with Paul Hype Page & Co. simplifies complex financial processes such as compliance checks, financial reporting, and internal control reviews, enabling businesses to focus on strategic growth. Our professional expertise ensures accurate evaluations, enhanced financial transparency, and insightful recommendations, helping businesses improve cash flow management, assess operational efficiency, and identify opportunities for sustainable growth and expansion.

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Mandatory Statutory Audit for Singapore Private Companies

Singapore’s Companies Act requires all private limited companies to appoint an auditor within three months of incorporation. This auditor must be a public accountant or registered accounting firm.

Beyond Legal Compliance: The Benefits of Auditing

Auditing helps establish brand credibility and reduce fraud risks. It provides a formal assessment of a company’s financial records and procedures to ensure compliance with Singapore’s legal requirements.

In-House vs. Outsourced Auditing Services

Companies can choose between internal (in-house) auditing or external (outsourced) accounting services to conduct their statutory audits.

Our Offered Audit Services

We specialize in delivering comprehensive audit services in Singapore, ensuring accurate financial reporting and full compliance with statutory regulations. Our expertise encompasses conducting thorough audits, certifying financial statements, and providing strategic recommendations to enhance your business’s financial integrity and operational performance.

Comprehensive Annual Auditing

  • Detailed audits to ensure compliance with Singapore’s financial reporting standards (SFRS).
  • Certification of financial statements to reflect accurate financial performance.
  • Identification of discrepancies and recommendations to enhance internal controls.

Specialized Certification Services

  • Fixed Assets Certification: Verification of fixed asset records for accurate financial reporting.
  • Shares Certification: Certification of shareholder equity and capital structure.
  • Subsidy Claims Certification: Validation for government grant and subsidy applications.

Purpose-Specific Auditing

  • Special Purpose Audits: Tailored audits for mergers, acquisitions, or regulatory compliance.
  • Claim Certification Audits: Focused on validating claims for specific business incentives or rebates.

Individual and Corporate Tax Certification

  • Personal Income Certification: For individuals requiring income verification for financial or legal purposes.
  • Corporate Tax Compliance Audits: Ensuring accurate declarations and adherence to Singapore’s tax laws.

Business Growth and Compliance Auditing

  • Evaluation of financial practices to identify growth opportunities.
  • Risk assessment and recommendations to improve financial health and sustainability.
  • Certification audits tailored to meet business expansion and investor requirements.
Need more information on our services? today!

Experienced Business Consultants

Our 2 Decades of Proven Expertise Will Guide Your Business

With over two decades of expertise across Singapore, Malaysia, Indonesia, and Hong Kong, we have successfully assisted over 2,000 companies in achieving streamlined financial compliance and audit readiness. In Singapore, our deep understanding of auditing standards and regulatory frameworks enables us to deliver outstanding results for businesses navigating complex financial reporting and compliance landscapes. As trusted advisors, we provide strategic insights and customized audit solutions, ensuring accurate reporting, enhanced operational efficiency, and a solid foundation for growth in Singapore’s dynamic business environment.

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Are You Ready to Appoint an Auditor in Singapore?

We have provided auditing services for businesses from various industries across Singapore, Malaysia, Indonesia and Hong Kong. With the help of our dedicated team and professional auditors, you can entrust your company’s auditing process to us.

Accurate, Reliable Auditing Reports. No Compromises on Quality.

Optimize Your Operations Through Effective Internal Controls. Let Us Evaluate.

Ensure Financial Accuracy and Integrity Through Our Rigorous Audit Process.

Do I Qualify for Audit Exemption?

Small Companies

Small companies are exempted from audits in Singapore based on a list of criteria. If the company meets at least 2 out of 3 criteria for the past 2 consecutive financial years, it qualifies for audit exemption.

  • Annual revenue does not exceed SGD $10 million
  • Less than 50 full-time employees
  • Assets do not exceed SGD $10 million

Group Companies

Group companies are exempt from annual audits if the holding and all subsidiary companies individually:

  • Fulfill at least 2 of the small qualifying conditions
  • Belong to a small group

Like private companies, small groups must fulfill 2 out of 3 conditions in the immediate two preceding financial years:

  • Consolidated revenue must not exceed SGD $10 million
  • Consolidated total assets must not exceed SGD $10 million
  • The total number of employees in the group must not exceed 50

To qualify for audit exemption, both the subsidiary and holding company must meet the small company criteria.

Your Trusted Singapore Auditor in Singapore

Singapore Partners | Paul Hype Page & Co.

Paul Hype Page is a certified accounting firm (CPA) in Singapore and a full-practicing member of the Institute of Singapore Chartered Accountants (ISCA). We can issue an IRAS-approved audit report that meets both the Singapore government’s requirements and your company’s needs. The audit function of your company is in good hands with our professional Singapore-certified auditors. 

Our Other Certified Audit Services

We also certify the following financial information, statement, and statistics through our certification audit.

Fixed Assets Certification

Claim

Shares Certification

Personal Income Certification

Other types of certification audits

Frequently Asked Questions

Auditing a company can be daunting – here are the top questions regarding Auditing Services in Singapore compiled to clear your doubts!

The Profit and Loss Account as well as the balance sheet need to be audited annually.

You should nominate at least one auditor within 3 months after your company is incorporated.

Every company must have its financial statements and accounting records audited at least once a year. Only companies which fulfil the criteria for audit exemptions do not have to be audited.

The timeframe for auditing is very dependent on the capacity and complexity of your business. It is usually derived after initial consultation with the audit firm.

Auditing services are professional services that provide compliant financial statements and ensure that the finances are in order before communicating to key stakeholders.

Have more questions? today!

Our Singapore Auditing Guides

Get more insights to auditing and what are the common audit services in Singapore.

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Running your company without auditing? Here are some of the reasons why you should start auditing your business!

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