statutory audit

Financial statements attestation making bulk of the assurance services and our responsibility as statutory auditor is to express our independent opinion on whether the financial statements are properly drawn up in accordance with the provisions of the Singapore Companies Act and Singapore Financial Reporting Standards so as to give a true and fair view of the results and the financial position of the company.

We adopt a risk-based approach focused on maintaining high audit quality tempered with our understanding of our client’s operating environment. Partner and senior members in the engagement team bring a breadth of experience and their involvement in the process is a unique hallmark of our approach.

• Assessing the control environment to determine the extent of reliance to be placed on the internal controls, if available.
• Identifying key areas of risk.
• Determining the audit strategy and approach based on the preliminary findings. The audit programmes will then be tailored accordingly.
• Allocating tasks to audit team members and briefing them on the audit approach, nature and scope of work to be done and the time frame available.

Our approach identifies key areas of risk that might require special focus and provides clients with valuable perspectives in helping them manage their businesses more effectively.