Get In-Depth Audits FAST with Our 30 Days Accelerated Audit Services
Ackenting Group (AG) is a leading mid-tier audit firm in Singapore, leveraging proprietary AI-driven integration to deliver high-precision statutory and specialized audit services. Designed for Singapore’s most ambitious enterprises, every engagement is powered by our 30-Day Completion Protocol—delivering elite financial credibility with unparalleled efficiency.
The AG Advantage:
- AI-Enhanced Precision: We move beyond manual sampling. Our tech-forward approach automates complex data verification, eliminating human error while uncovering deeper financial insights for your leadership team.
- The 30-Day Protocol: Eliminate the stress of “last-minute” filings. Our disciplined, high-speed methodology is engineered to meet rigorous ACRA and IRAS deadlines without ever compromising on audit quality.
- ACRA-Certified Authority: Led by senior Public Accountants and Certified Auditors, we ensure every report adheres strictly to the latest SFRS and SSA regulatory standards.
- Proven Institutional Trust: With over 2,000 successful audit engagements across Singapore’s diverse industrial landscape, we provide the stability of a large firm with the agility of a boutique partner.
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.
An audit is an independent examination of your company’s financial statements, carried out by a licensed Public Accountant, to confirm they give a true and fair view of your business’s financial position. In Singapore, most companies must have their financial statements audited annually and filed with ACRA as part of their Annual Return — audit services are the professional work behind that: verifying your numbers, testing your internal controls, and issuing the report your directors, shareholders, banks, and investors rely on.
Done well, an audit isn’t just a compliance box to tick. It’s an independent check that catches errors and gaps before they become bigger problems, and a credibility signal every time your financials are read by someone outside your company.
Singapore-incorporated companies report under the Singapore Financial Reporting Standard (SFRS) — a local framework closely aligned with the International Financial Reporting Standards (IFRS) used in over 120 countries, so your financials stay comparable to international peers, lenders, and investors. Smaller entities may instead qualify for SFRS for Small Entities, a lighter-touch version of the same standard designed to reduce reporting burden without sacrificing comparability.
Every AG audit is carried out under the Singapore Standards on Auditing (SSA), ensuring your report meets both local regulatory expectations and the standards international stakeholders expect to see.
What types of audit services does AG Singapore provide?
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.
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.
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.
Group Consolidation & Amalgamation Audit
This group audit covers group consolidation and branch amalgamation processes, ensuring accurate financial integration across entities. We help organisations manage complex structures with clarity and compliance.
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.
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-profits organisation meet regulatory obligations while ensuring accountability and transparency. We support charities in maintaining donor confidence and compliance.
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.
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OCBC Prestige Partner
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How long does a statutory audit take for a Singapore SME?
By integrating AI-driven insights into our 30-Day Accelerated Protocol, AG Singapore delivers statutory audits with unmatched efficiency, ensuring completion within 30 days of receiving your documentation.
With a proven track record of 2,000+ engagements, we provide the transparency and strategic foresight only a seasoned, tech-forward firm can offer. T&Cs apply.
Searching for an audit firm that actually prioritizes your reporting deadlines?
100 Clients. 30 Days. Zero Delays.
Unlike over-leveraged competitors that stretch their teams thin, we strictly limit our annual intake to 100 clients. This exclusivity ensures the resources necessary to maintain our signature 30-Day Accelerated Audit Protocol. Eliminate the risk of late-filing penalties with a fast-track audit service engineered for strict compliance deadlines.
How much are audit service fees in Singapore?
Audit Certainty Starts with Price Certainty. We eliminate the ‘billable hour’ anxiety. AG operates on a Fixed-Fee Model, providing a transparent, all-in quote from day one. We believe your audit should be a fixed investment, not a fluctuating expense.
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Fixed-Fee: Your statutory audit service costs are locked in upfront for total budget certainty.
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Approval-First Protocol: We never bill for out-of-scope items without your prior authorization. If an issue arises, we present the solution and get your sign-off before proceeding.
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Zero Hidden Fees: No hidden disbursements or administrative surcharges.
Our commitment is simple: Transparent communication, proactive adjustments, and a final invoice that is never a surprise.
| Audit Service Type | Starting Fee (SGD) | Best For |
| Statutory Audit | S$5,000 | Annual ACRA Compliance |
| Sales (GTO) Audit | S$800 | Shopping Mall Tenants |
| Grant audit | Quote Required | EDG / PSG Grant Claims |
| Other special audit | Quote Required | Management’s use |
How We Hit Our 30 Days KPI for Your Full Audit Report
AG Audit Process
- Meet with our team of senior auditors and audit managersso we better understand your business model.
- Create a customised audit checklist based on your business needsas we do not believe in a one-size-fits-all solution.
- Run through the checklist with youso that you are well-prepared for a satisfying audit report in advance.
- Analyse your business, find weaknesses and suggest solutionsin 2-4 weeks, 50% faster than the industry standard of 4-8 weeks.
- Audit time schedule will also be constantly reviewed and approved by youto ensure your audits are finalised promptly before your deadlines, reducing cost, process and time.
Benefits of Local Audit Services
Gain a competitive edge by partnering with an experienced audit company 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.
Accelerated 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
No more waiting months
to get your financial statements audited
AG Audit Team
Our audit team is made up of 20+ audit professionals ready to serve you.
Note from the Managing Partner
“In my career, I’ve led over 2,000 audit engagements, and I’ve learned one painful truth: a late audit is more than a line item—it’s a hit to your professional reputation and a massive weight on your shoulders.
I’m tired of seeing that happen.
That’s why we’ve completely redesigned our firm’s DNA. We implemented a strict 30-day KPI to give you back your certainty. But speed requires focus, which is why we deliberately cap our new client intake at 100 per year.
We turn away business so that we never have to turn away from your deadline. If you’re looking for a partner who values your reputation as much as their own, you’ve found us.”
John Woo (PA,CA,ASEAN CPA,FCCA,ATP)
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 (PA,CA,ASEAN CPA)
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.”
Frequently Asked Questions
Beyond statutory audits, AG provides internal and external audits, sales (GTO) audits, grant audits, group consolidation and amalgamation audits, BCA audits, MCST audits, charities audits, and lucky draw audits, all handled by the same senior team.
Fees depend on the audit type and your company's size and complexity. As a starting guide, statutory audits begin from S$5,000 and sales (GTO) audits from S$800. Grant and other special audits are quoted after a scoping call. All fees are fixed and agreed upfront.
Our 30-Day Completion Protocol targets full completion within 30 days of receiving your complete documentation, compared to the industry standard of 4 to 8 weeks.
Your company may qualify as a small company and be exempt from statutory audit if it meets at least two of three conditions for two consecutive financial years: annual revenue under S$10 million, total assets under S$10 million, and no more than 50 employees.
Yes. Many clients engage AG for statutory audits alongside grant claims, sales (GTO) audits for retail tenancies, or group consolidation work, so you're not coordinating multiple vendors for one filing season.
Book a scoping call with our senior auditors. We'll assess your business, build a customised audit checklist, and provide a fixed-fee quote before any fieldwork begins.
Your auditor’s opinion falls into one of four categories: unqualified (a “clean” opinion, meaning your financials fairly represent your company’s position), qualified (a clean opinion with one specific exception noted), adverse (the financials do not fairly represent your position), or a disclaimer of opinion (the auditor couldn’t gather enough evidence to form an opinion at all). Most well-prepared SMEs receive an unqualified opinion — our audit checklist process is designed to flag and resolve issues before they become qualification risks.
An internal audit is carried out by (or on behalf of) your own company to review internal controls and operational efficiency — it’s optional and management-driven. An external audit, like the statutory audits AG performs, is carried out by an independent, ACRA-registered Public Accountant and is what’s required for your Annual Return filing. Read our full breakdown if your company needs both.
Singapore law requires every company to appoint its first auditor within 3 months of incorporation, unless your company qualifies for audit exemption as a small company or small group. Not sure where you stand, or already past this window? Get a quote and we’ll help you check.
