Audit & Assurance

Mandated in Singapore Companies Act. The duty of the statutory auditor is to express an independent opinion if the financial statements are drawn up in accordance with the Singapore Financial Reporting Standards so as to give a true and fair view of the results and financial position of company being audited.

Our approach to statutory audit is based on understanding our clients’ operations, industry and business environment, so as to better identify and assess the risks affecting the clients.

Performed in accordance to respective requirements laid out by the various regulatory agencies including National Council of Social Service (NCSS) and/or the Charities Accounting Standard (CAS). APTA is honoured to be listed by NCSS on its Directory of Services for Accounting, Audit and Consultancy services.

Conduct audit of subsidies awarded to low income families and working mothers at childcare centres and kindergartens. This audit helps to ensure all prerequisites for subsidies are met, and to establish any gaps in the documentation process, while working with centres to complete them.

With the experience from engaging Charities and Non-Profit Organisations for over 15 years, including Institution of Public Character (IPCs) in various capacity, we want to share our experience and offer advisory on matters of governance and compliance to enhance the charity.

Companies with weak internal controls and/or inefficient business processes run higher risks of fraud and resource wastage. Internally developed controls and processes are often limited by the experience of internal staff. An external perspective from Accountancy professionals with commercial business experience like ourselves, can help to craft policies and processes based on best practices.

We assist external Investors interested to find out more about a company before investing or buying stakes, by performing due diligences. Based on concerns of the investor/buyer, we can tailor a set of due diligence procedures to investigate and address the specific concerns and also assist to identify potential risks, which may not be immediately apparent from the financial statements.