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Top Audit Services Singapore

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  • 97% SATISFIED CUSTOMERS
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Our Audit Services

AG is a group of award-winning accounting and audit services companies, headquartered in Singapore. Our audit firm in Singapore, AG Assurance PAC, provides the following audit services:

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Why Choose Our Audit Firm In Singapore?

01.
ONE-STOP SOLUTIONS
Besides audit services, AG provides comprehensive corporate advisory services. Having all services done at AG enables reducing process, time and cost.
02.
RECOMMENDED FINANCIAL SERVICES PROVIDER
AG is proud to be shortlisted by Enterprise Services Insights Magazine as one of the 10 Most Recommended Financial Services Providers.
03.
EXPERTISE ENSURES QUALITY
With more than 10 years of experience in accounting and audit services, we are equipped with the relevant experience and expertise to provide top notch audit services to our clients across varied industries.
04.
CUSTOMER SERVICE FOCUSED
Being responsible, responsive, reliable is our customer service attitude. We believe the right attitude is the heart of delivering great customer service. It is one of the main factors that our clients across the world love working with us.
05.
24 HOURS POLICY
AG enforces a strict policy that requires all team members to reply to our client issues within 24 hours. Responsiveness is our core value to our service quality.
06.
HIGH CUSTOMER SATISFACTION
AG focuses on service quality. We have a high customer satisfaction KPI of 96.5% which is proven by low lost customer rate.

Highlight of Our Audit Service

  1.  We communicate, meet up and discuss to understand your business.
  2.  We customise our audit checklist based on your business. We do not believe one-for-all solution.
  3. We emphasize meeting your audit deadline.
  4. We analyse your businessfind out weaknesses and suggest solutions.
  • 01
    You will meet with our team of senior auditors and audit managers
    for knowing more about your business model.
  • 02
    Create a customised audit checklist based on your business
    so that we can discuss about, and understand your business
  • 03
    We will run through the checklist with you
    so that you are well-prepared for satisfying audit requirements in advance. We pride ourself in meeting your audit deadlines 50% faster than the industry-standard.
  • 04
    We will analyze your business, find out weaknesses and suggest solutions
    In general, we can finalize your audits in 2-4 weeks, compared to the usual 4-8 weeks.
  • 05
    Reduce cost, process & time.
    Audit time schedule will also be constantly reviewed and approved by audit partners. To ensure that your audits are finalized promptly before your deadlines.

Auditing & Accounting Standards

Every audit firm in Singapore is required to conduct audit in accordance with Singapore Standards of Auditing to ensure the quality of audit services.

In Singapore, Singapore Financial Reporting Standards (SFRS) is adopted as the accounting standards in preparation of statutory financial accounts. SFRS are similar but not identical to International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) after taking into accounts the Singapore economic and business context and circumstances.

How AG Prevents Audit Delay

For audit assignments with tight deadline, AG will perform interim audit, normally 2-3 months before financial year end. This is to minimise work and time in concluding the final audit after the financial year.

To facilitate smooth audit process, an audit requirements checklist will be tailor-made according to the client’s business model. We will run through the checklist with clients so that they can prepare themselves for satisfying audit requirements in advance.

AG employs risk-based audit methodology suggested by Singapore Standards of Auditing. In the audit planning stage, we will perform data crunching to identify key risky areas where audit testing will be performed to mitigate the audit risk. This enables us to focus our audit on risky areas which significantly reduces time, process and cost.

All audit assignments will be in charge by at least a senior auditor, supervised by  audit managers to monitor audit progress and quality. Audit time schedule will be reviewed and approved by audit partners to ensure our prompt delivery of service.

Successful Case Study

Client A is a subsidiary (“ABC”) of a foreign-listed company, with approximate US$30mil in revenue per annum. Holding company requires ABC to submit its auditor report by end of February every year. However, the auditor of ABC failed to meet the deadline and finalised the audit around end of March. This seriously delayed the  group reporting process and dividend repatriation by ABC to its holding company.

 

Solution

AG performed interim audit and prepared an audit 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 deadline.

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.

 

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 reduced and its auditor report has improved from qualified opinion to clean report.

FIND IT TOO COMPLEX?
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