Receive Professional Audits FAST In 30 Days
Ackenting Group (AG) is an award-winning mid-tier audit firm in Singapore, trusted by SMEs and growing enterprises for reliable, compliant, and insight-driven audit services.
We specifically focus on audit service engagements that we are able to complete within 30 days to help SMEs meet tight audit reporting deadline without delay.
Our key offerings include:
- Audits conducted in full accordance with SFRS and Singapore Standards on Auditing (SSAs)
- Only ACRA-certified auditors leading every engagement
- Over 2,000 successful audit engagements completed across diverse industries
Audit Filing Requirements
Under the Companies Act, all private limited companies in Singapore are required to comply with statutory audit requirements under local regulations. However, the exact audit obligations depend on the size, revenue, and structure of the business.
All companies, including small and non-listed companies, must file annual returns (AR) with ACRA. Non-listed companies have up to seven months after the end of their financial year to submit their AR. If an AGM is held, the AR must be filed within one month after the AGM. If an AGM is not required, the AR must still be submitted no later than 7 months after the financial year-end.
When submitting financial statements, most companies must file them in XBRL format. However, Exempt Private Companies (EPCs) and dormant companies may qualify for simplified filing requirements or declaration-based submissions, instead of submitting full XBRL financial statements.
But not all companies are required to undergo a statutory audit. Companies that qualify as a small company may be exempt from audit if they meet at least two of the following conditions for two consecutive financial years:
While an audit may not be mandatory, it remains important for companies to prepare financial statements in compliance with Singapore Financial Reporting Standards and to maintain proper accounting records. This helps ensure accurate reporting, supports regulatory compliance, and provides greater transparency into the company’s financial position.
To ensure a smooth audit process, companies are required to maintain accurate and up-to-date documentation. Commonly required documents include:
Timely completion of audit filing obligations helps businesses avoid regulatory issues, maintain good standing with authorities, and build credibility with banks, investors, and stakeholders. Regular compliance also ensures that financial records remain accurate, transparent, and suitable for future growth or funding requirements.
Audit Services We Provide in Singapore
Statutory Audit
Statutory audits are conducted to ensure compliance with Singapore’s statutory and regulatory requirements. We provide independent and objective audits that enhance financial transparency and stakeholder confidence.
BCA Audit
Our BCA audit services help construction and related companies comply with Building and Construction Authority (BCA) regulations. We ensure accurate reporting and adherence to industry-specific requirements.
Sales Audit
Sales audits involve reviewing revenue records, sales processes, and internal controls to ensure accuracy and completeness. This helps businesses identify discrepancies and strengthen revenue assurance.
Grant Audit
Grant audits are performed to verify the proper use of government or institutional grants. We ensure funds are utilised according to grant conditions and supporting documentation is accurately maintained.
Internal & External Audit
We provide both internal and external audit services to evaluate internal controls, risk management, and financial reporting. These audits help organisations improve operational efficiency and governance.
Lucky Draw Audit
Lucky draw audits ensure fairness, transparency, and compliance with regulatory guidelines. We independently verify the draw process and results to maintain credibility and public trust.
MCST Audit
MCST audits are tailored for Management Corporation Strata Title entities. We review financial statements and management accounts to ensure compliance with regulatory and governance requirements.
Charities Audit
Our charities audit services help non-profit organisations meet regulatory obligations while ensuring accountability and transparency. We support charities in maintaining donor confidence and compliance.
Group Consolidation & Amalgamation Audit
This audit covers group consolidation and branch amalgamation processes, ensuring accurate financial integration across entities. We help organisations manage complex structures with clarity and compliance.
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OCBC Prestige Partner
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Our Tailored-made Fast Audit Process
Our audit process ensures compliance, accuracy, and minimal disruption to your operations.
Step 1: Audit Planning
Our auditors work closely with you to understand your business, financial structure, and risk areas. From these insights, they define the audit scope, objectives, and timeline.
Step 2: Audit Initiation
Then the auditors formally initiate the audit, communicating key details, including documentation requirements, timelines, and coordination points, to management.
Step 3: Opening Meeting
An opening discussion is held with relevant stakeholders to align expectations, responsibilities, and audit objectives before fieldwork begins.
Step 4: Audit Fieldwork
Our auditors review financial records, supporting documents, and internal controls. This includes transaction testing and verification against statutory requirements.
Step 5: Draft Audit Report
Based on the findings, a draft audit report will be prepared that highlights observations, risks, and recommendations.
Step 6: Management Review & Finalisation
Management reviews the draft report and provides responses or clarifications. The audit report is then finalised accordingly.
Step 7: Audit Closure
The final audit report is issued. Then, if required, our auditors offer follow-up support to address agreed action points.
Audit Service Fee
*If you are looking to get your audit report fast but with a reasonable premium fee, AG is definitely your top option.*
Our audit service fees are based on the nature and complexity of each audit engagement. We only accept maximum 100 new audit engagements a year so that we are committed to our KPI of audit completion within 30 days.
| Starting from | |
| Statutory audit services | S$3,000 |
| Sales audit services | S$800 |
| Other special audit services | Varies (ask for a quote) |
How long is the audit timeframe for completing statutory audit services?
When it comes to statutory audit services in Singapore, our auditing firm specifically caters our auditing approach to expedite audit services. We also ensure completion within 30 days without compromising on quality, as per our Key Performance Indicator (KPI). Terms and conditions apply.
0 week
Prepare information required for audit
1-3 weeks
Gather and documentate audit evidences
1 week
Finalise and approve audit report
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.
No more waiting months
to get your financial statements audited
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
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KPI to complete your audit
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5-Star Google Reviews
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Audit Engagements Completed
Our Approach
Our team also ensures completion within 30 days without compromising on quality, as per our Key Performance Indicator (KPI). Terms and conditions apply.
With over 2000 audit services completed, our expertise allows us to accurately assess timelines and provide transparent expectations to clients upfront. We follow a structured, risk-based methodology that allows us to identify key focus areas early, address compliance obligations efficiently, and minimise disruption to your day-to-day operations.
What sets our approach apart
- Strong technical expertise: You ensure that our professionals have in-depth knowledge of audit standards, regulations, and industry practices.
- Risk-focused methodology: We concentrate on areas that matter most to your business, financial health, and internal controls.
- Practical and business-oriented: Our recommendations are clear, actionable, and aligned with real operational needs.
- Compliance-driven, not compliance-only: Beyond meeting statutory requirements, we help strengthen internal processes and governance.
- Client-centric execution: We work closely with management teams to ensure transparency, responsiveness, and smooth coordination throughout the audit process.
AG Audit Team
Our audit team is made up of 20+ audit professionals ready to serve you.
John Woo
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.
Dax Teo
Dax previously worked with one of the “Big 4” international audit firms for more than 10 years before joining us as an audit partner.
Successful Audit Case Study
AG Audit Services
Meet Your Group Audit Needs
Backed by IR Global Network Members in 155+ Jurisdictions
93% of clients picked our auditing services
because we met their audit deadlines within 30 days
”Completed audit smoothly earlier than the targeted deadline by 1 month.”
”Completed and finalised audit in a timely and professional manner as usual.”
