Ackenting Group (AG) is an award-winning mid-tier audit firm offering professional audit services in Singapore. We conduct every audit in accordance with the Accounting and Corporate Regulatory Authority (ACRA) standards to ensure full compliance with all regulatory requirements.

With our structured 30-day express audit timeline, we help businesses stay on top of their compliance processes—minimising disruptions, meeting deadlines with confidence, and maintaining stakeholder trust. Beyond fulfilling regulatory obligations, our audit services offer valuable insights into your business’s financial health, helping you better understand current performance and plan for future growth.

Let our experienced auditing firm in Singapore be your trusted partner in compliant, strategic financial management.

The Audit Services We Provide in Singapore

  • Statutory audit
  • BCA audit
  • Sales audit
  • Grant audit
  • Internal and external audit
  • Lucky draw audit
  • MCST audit
  • Charities audit
  • Group consolidation audit
  • Branch amalgamation audit
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Audit Service Fee

Our audit service fees are determined by the nature and complexity of each audit engagement. We offer competitive, upfront pricing to suit different business needs. Below is a breakdown of our audit firm’s rates for your reference:

Starting from
Statutory audit services (active company) S$3,000
Sales audit services                                          S$800
Other special audit services Varies (ask for a quote)

Audit Process: How We Hit the 30-Day KPI for Your Full Audit Report

  • 01
    Initial Consultation
    Meet with our team of senior auditors and audit managers to help us better understand your business model
  • 02
    Customised Planning
    We create a customised audit checklist tailored to your business needs, as we believe a one-size-fits-all approach doesn't deliver real value.
  • 03
    Collaborative Review
    We walk you through the checklist to ensure you're well-prepared and confident ahead of the audit report.
  • 04
    Efficient Audit Execution
    We analyse your business, identify weaknesses, and recommend solutions within 2–4 weeks—50% faster than the industry standard of 4–8 weeks.
  • 05
    Timely Finalisation
    The audit timeline will be regularly reviewed and approved by you to ensure timely completion—minimising costs, simplifying processes, and saving valuable time.
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Benefits of Local Audit Services

Gain a competitive edge through our company’s audit services in Singapore:

Compliance with ACRA/SFRS
Our team’s deep understanding of local regulations helps ensure your financial reports meet ACRA & SFRS requirements—reducing the likelihood of penalties, delays, or rejections and keeping your business aligned with statutory obligations.
Funding Application Support
Our audit services provide clear, compliant, and properly presented reports that meet funder expectations—strengthening your application and increasing your chances of securing grants or financing.
Better Risk Management
Through our audit process, we help uncover issues like cash flow gaps, weak internal controls, and non-compliant practices—enabling you to address vulnerabilities early and implement stronger systems to manage risk effectively.
Stronger Business Credibility
Our professionally conducted audits enhance trust with your stakeholders, investors, and partners by showcasing financial transparency and accountability—boosting your business’s reputation and credibility in the market.

Why Choose Ackenting Group as Your Audit Partner

01.

Expedited Audit Process: 30 Days KPI

No more waiting months to get your financial statements audited! At Ackenting Group, we ensure timely delivery of audit services tailored to meet your specific business deadlines. We take pride in completing the audit process in less than 30 days—so you stay compliant without the wait
03.

Seasoned Pros at Your Service

At AG, our team consists exclusively of senior and managerial auditors who are certified members of the Institute of Singapore Chartered Accountants (ISCA), ensuring you receive the highest level of expertise, experience, and professionalism.
02.

Tailored Solutions, Tangible Results

We go beyond number-crunching—offering innovative yet practical audit solutions that strengthen your corporate governance and enhance the quality of your financial records. We turn audits from mere compliance tasks into strategic tools that support smarter business decisions.
04.

Quick & Attentive Customer Service

We understand that in business, time is of the essence. That’s why our stringent quality control policy ensures you receive responses to audit queries within 24 hours—because you deserve a partner who’s just as responsive and committed as you are.
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30-Day Audit Completion KPI
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5-Star Google Reviews
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Audit Engagements Completed
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AG Audit Team

Our audit team is made up of 20+ audit professionals ready to serve you.

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John Woo
Managing Partner
John is the founder of AG Singapore and has more than 10 years of accounting and audit experience in various industries. He previously worked with a top accounting group listed in SGX.
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Dax Teo
Audit Partner
Dax previously worked with one of the “Big 4” international audit firms for more than 10 years before joining us as an audit partner.

Frequently Asked Questions 

Q1:Is My Company Exempted From Audit?

It will depend on the size and financial status of your company. In a transformative move, the Companies (Amendment) Bill 2014, sanctioned by Parliament in October 2014, ushered in pivotal changes, notably the introduction of the “Small Company” concept. This groundbreaking amendment brings significant implications for private companies in Singapore, offering an audit exemption for those meeting specific criteria over the immediate past two consecutive financial years.

 

To qualify as a “Small Company,” private entities must meet at least two of the following three criteria over the immediate past two consecutive financial years:

 

  1. Total Annual Revenue: ≤ S$10m
  2. Total Assets: ≤ S$10m
  3. Number of Employees: ≤ 50

Q2: When does the small company audit exemption take effect?

The audit exemption applies to financial years beginning on or after the change in the law (1 Jul 2015). Transitional provisions are in place for the first two years after the change.

Q3: How do companies determine total assets and total revenue?

Total revenue and assets are determined by accounting standards and the figures in the financial statements.

Q4: How do companies determine the number of employees?

The number of employees is based on the count of full-time employees at the end of the financial year.

Q5: Can a company with corporate shareholders enjoy the small company audit exemption?

Yes, a private company with corporate shareholders can qualify for the audit exemption, eliminating the previous requirement for exempt private company status.

Q6: If a holding company audits consolidated financial statements, must the subsidiary audit its financial statements?

It will depend on the size and revenue of the subsidiary. For a subsidiary to qualify for the exemption, the group it belongs to must qualify as a small group on a consolidated basis. If the group doesn’t qualify and the holding company audits consolidated statements, the subsidiary must engage an auditing company to conduct the audit.

Q7: how many audit opinion are there?

There are 4 types of audit opinions:

 

1. Unqualified Opinion: The Gold Standard

The coveted unqualified opinion, also known as a clean opinion, signifies that the financial statements present a true and fair view. It’s the gold standard, indicating transparency and adherence to accounting principles.

 

2. Qualified Opinion: Highlighting Exceptions

A qualified opinion is issued when auditors identify specific issues within the financial statements. While the overall presentation is deemed accurate, this opinion highlights areas that require attention or clarification.

 

3. Adverse Opinion: Flagging Material Misstatements

An adverse opinion is a red flag, indicating material misstatements within the financial statements. Stakeholders are alerted to significant issues that impact the accuracy and reliability of the presented information.

 

4. Disclaimer of Opinion: Insufficient Information

In cases where auditors lack adequate information to form an opinion, a disclaimer of opinion is issued. This underscores the importance of providing comprehensive data for a thorough audit assessment.

 

These audit opinions provide a professional assessment of a company’s financial statements, instilling confidence in stakeholders and ensuring regulatory compliance.

Q8: What is the difference between internal audit and external audit?

The primary difference between internal and external audits lies in their objectives, scope, and whom they serve.

 

Internal audits are conducted by the organisation’s own audit department and focus on evaluating the efficacy of internal controls, processes, and risk management practices. This type of audit aims to improve operational efficiencies and compliance within the organisation, serving the management team with insights and recommendations.

 

External audits, on the other hand, are performed by independent auditors or audit firms. These auditing services primarily assess the accuracy and fairness of an organisation’s financial statements to ensure compliance with accounting standards and regulatory requirements. External audits are critical for stakeholders outside the organisation, such as investors, creditors, and regulators, providing them with assurance about the company’s financial health and integrity.

Q9: How can audit services benefit a company?

Audit services play a crucial role in enhancing a company’s financial credibility and operational integrity. By providing an objective assessment of financial statements, audit services help identify inefficiencies, reduce the risk of fraud, and ensure compliance with regulatory standards. This process not only builds trust with stakeholders but also offers valuable insights for improving financial performance and strategic planning.

Q10: Can AG's audit services handle complex financial structures?

Yes, AG’s audit services are well-equipped to handle complex financial structures. Our team of expert auditors possesses the knowledge and experience required to navigate intricate financial landscapes. By employing the latest auditing techniques and technology, we ensure a thorough examination of your financial operations, regardless of complexity, offering tailored services that address your unique challenges and compliance requirements.

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Successful Audit Case Study

Successful Case Study 1

Client A is a subsidiary (“ABC”) of a foreign-listed company, with approximately US$30mil in revenue per annum.

The holding company requires ABC to submit its auditor report by the end of February every year. However, the auditor of ABC failed to meet the deadline and finalised the audit around the end of March.

This seriously delayed the group reporting process and dividend repatriation by ABC to its holding company.

 

AG Audit Solution

We performed an interim audit and prepared an audit services checklist to better cooperate and communicate with Client A’s accounting team.

 

Result

We managed to finalise our audit in early February, 3 weeks before the deadline.

Successful Case Study 2

Client B (“BCD”) is a construction company with project revenue of more than S$10mil. Audit of BCD was qualified every year by its previous auditor due to improper project budgeting and cost allocation.

AG Solution

AG helped to revamp its business model by creating a cost centre, where BCD will outsource all projects to it.

 

Result

Client B’s tax payable has been reduced, and its auditor report has improved from a qualified opinion to a clean report.

Backed by IR Global Network Members in 155+ Jurisdictions

AG Audit Services to Meet Your Group Audit Needs

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  • Member of IR Global, the world's leading professional services network with over 1,000 member firms across 155+ jurisdictions.
  • Recognised as one of Singapore’s Most Trusted Tax Service Providers by APAC Business Headlines Magazine.
  • Awarded the OCBC Prestige Partner due to our outstanding efforts and contributions to leading-edge financial solutions.
93% of clients picked our auditing services
because we met their audit deadlines within 30 days
Audit Firm Services Singapore

”Completed audit smoothly earlier than the targeted deadline by 1 month.”

Auditing Services Singapore

”Completed and finalised audit in a timely and professional manner as usual.”