Why Us?
We are Licensed Public Accountants and Certified Public Accountants (CPA) (now known as Chartered Accountants) in Singapore approved by the Accounting and Corporate Regulatory Authority (ACRA) , a company registry ; we provide auditing services, financial certification, sales certification , audit on sales , audit related services and audit tax advisory.
Why Auditing?
Auditing is required for all companies in Singapore unless your company is exempted from audit.

PREVIOUSLY:  Prior to financial year ended 30.6.2015, A company is exempted from audit if your company meet all of the following conditions:

  • Turnover/Sales is less than S$5 million, and
  • There are no corporate shareholders, and
  • Number of shareholders is less than 20 persons, and
  • Company must be a Private Limited company, and
  • All shareholders agree to audit exemption.

NOW : For financial year commencing on or after 1 July 2015

A small company is eligible for audit exemption. A new small company audit exemption is applicable to companies in respect of financial years commencing on or after 1 Jul 2015.

A company qualifies as a small company if: 

(a) it is a private company in the financial year in question; and 

(b) it meets at least 2 of 3 following criteria for immediate past two consecutive financial years: 

(i) total annual revenue <= $10m;

(ii) total assets <= $10m; 

(iii) no. of employees <= 50. 

For a company which is part of a group ( means Company  + Company’s subsidiaries + Holding company + Holding company’s subsidiaries etc  ): 

(a) the company must qualify as a small company; and

(b) entire group must be a “small group”  to qualify to the audit exemption.

For a group 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.

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Auditing, Accounting & Taxation – Information required for quotation (1)