Unaudited/Compilation Reports

Dormant companies and exempt private companies (“EPC”) with annual revenue below S$5m could enjoy audit exemption under current Singapore Companies Act, Chapter 50 (the “Act”). These companies have a choice as to whether to have their accounts audited except where the law has prescribed that an audit is still required. This will help many companies reduce their business operating cost.

Companies that qualify for the audit exemption and have chosen not to have their accounts audited can file the unaudited accounts in place of the audited accounts. The unaudited accounts (including notes to accounts) must be accompanied by the Directors’ report and the Statement of Directors and they must be prepared in compliance with the Companies Act and Singapore Financial Reporting Standards.  To meet these requirements, we assist our client to prepare unaudited financial statements  with professional competence and due care.

Call us @ +65 6324 7046/ +65 9011 7046 or click here to arrange for an appointment. You will definitely discover how we can help your business and help you to save $$$.