audit services

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 audits. 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.
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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:

  • Annual revenue does not exceed S$10 million
  • Total assets do not exceed S$10 million
  • The company has no more than 50 employees
  • 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:

  • Financial statements and general ledger
  • Bank statements and reconciliation reports
  • Sales invoices and purchase bills
  • Expense records and supporting vouchers
  • Payroll records and CPF contribution details
  • Fixed asset register and depreciation schedules
  • Corporate documents such as incorporation records and shareholding information
  • 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.

    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 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-profit organisations 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.

    Get Your Accounts Audited by

    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.

    • Fixed-Fee: Your statutory audit costs are locked in upfront for total budget certainty.

    • 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.

    • 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
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    How We Hit Our 30 Days KPI for Your Full Audit Report

    AG Audit Process

    • 01
      Meet with our team of senior auditors and audit managers
      so we better understand your business model.
    • 02
      Create a customised audit checklist based on your business needs
      as we do not believe in a one-size-fits-all solution.
    • 03
      Run through the checklist with you
      so that you are well-prepared for a satisfying audit report in advance.
    • 04
      Analyse your business, find weaknesses and suggest solutions
      in 2-4 weeks, 50% faster than the industry standard of 4-8 weeks.
    • 05
      Audit time schedule will also be constantly reviewed and approved by you
      to ensure your audits are finalised promptly before your deadlines, reducing cost, process and time.
    Get Your 30-Day Audit Quote

    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.

    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

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    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.”

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    John Woo (PA,CA,ASEAN CPA,FCCA,ATP)
    Managing Partner
    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.
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    Dax Teo (PA,CA,ASEAN CPA)
    Audit Partner
    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

    Client A is a subsidiary (“ABC”) of a foreign-listed company, with approximately US$30mil in revenue per annum.

    The holding company requires ABC to submit its auditor report by the end of February every year. However, the auditor of ABC failed to meet the deadline and finalised the audit around the end of March.

    This seriously delayed the group reporting process and dividend repatriation by ABC to its holding company.

     

    AG Audit Solution

    We performed an interim audit and prepared an audit services 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 the 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.

    AG 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 been reduced, and its auditor report has improved from a qualified opinion to a clean report.

    AG Audit Services 

    Meet Your Group Audit Needs

    Backed by IR Global Network Members in 155+ Jurisdictions

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    audit services
    • Member of IR Global, the world's leading professional services network with over 1,000 member firms across 155+ jurisdictions.
    • Recognised as one of Singapore’s Most Trusted Tax Service Providers by APAC Business Headlines Magazine.
    • Awarded the OCBC Prestige Partner due to our outstanding efforts and contributions to leading-edge financial solutions.
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    93% of clients picked our auditing services

    because we met their audit deadlines within 30 days

    Audit Firm Services Singapore

    ”Completed audit smoothly earlier than the targeted deadline by 1 month.”

    Auditing Services Singapore

    ”Completed and finalised audit in a timely and professional manner as usual.”

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