Welcome to Koh & Lim Audit PAC, where precision meets trust in auditing excellence. Founded by seasoned professionals in the industry, Koh & Lim Audit PAC is committed to delivering meticulous audit services tailored to meet the unique needs of our clients.
At Koh & Lim Audit PAC, we pride ourselves on our integrity, professionalism, and dedication to quality. Whether you are a small business, a non-profit organization, or a large corporation, our team is here to provide comprehensive audit solutions that ensure compliance, mitigate risk, and enhance transparency in financial reporting.
Driven by a passion for accuracy and a deep understanding of regulatory requirements, our firm goes beyond numbers to provide valuable insights that empower our clients to make informed decisions with confidence. We believe in building lasting relationships based on reliability and accountability, striving to be not just auditors, but trusted advisors to our clients.
ISA 700 – Forming an Feeling and Reporting on Money Statements: This normal promotions While using the auditor’s responsibility to kind an belief about the financial statements and the shape and material in the auditor’s report.
Attaining ISO certification underneath ISO 9001 not merely demonstrates a commitment to significant-top quality benchmarks but additionally brings long-expression Rewards in operational advancements.
These fees include investments in education, technologies, and extra methods to satisfy Improved audit expectations. Lesser audit firms may possibly obtain it notably tough to bear these expenses.
As firms turn out to be extra electronic, the potential risk of cyberattacks increases. Cybersecurity audits are now a important component of your audit system, guaranteeing that companies have robust security steps in position to shield sensitive info.
Enter Koh & Lim Audit PAC, a beacon of experience within the realm of audit services. This esteemed firm has carved out a distinct segment for alone, offering an extensive suite of audit answers tailored specifically for SMEs in Singapore.
RPA is yet another sport-changer within the audit industry. It includes applying robots or ‘bots’ to automate regimen and repetitive duties. RPA can take care of processes for instance details extraction, report generation, and compliance checks with increased pace and precision than human auditors. This not simply decreases the workload on auditors but additionally minimizes the potential risk of human mistake.
For numerous SMEs, an audit is in excess of a compliance training; it’s a possibility to achieve precious insights into their money functions. Koh & Lim’s approach to SME audits focuses on giving actionable tips that can travel progress and efficiency.
Auditing is the systematic evaluate of a firm’s monetary statements and inside controls to make certain accuracy and regulatory compliance.
eight.1 Authentic-World Illustrations Review serious-planet examples of fraud instances to know how they occurred and what controls could have prevented them. Use these instances to teach staff members and strengthen controls.
A personal tax audit is an intensive critique of an individual’s tax filings performed by tax authorities to ensure the precision and compliance in their declared money, deductions, and tax payments.
Auditors can use technologies to analyze big volumes of information, Koh & Lim Audit Singapore establish trends, and detect anomalies a lot more competently.
A overall health and safety compliance audit makes sure that businesses comply with office protection legal guidelines, for example Singapore’s Workplace Safety and Health Act. These Koh & Lim Audit Singapore audits evaluate security protocols, products upkeep, and staff education to avoid accidents and promote a secure working environment.
An IRAS tax audit is executed by Singapore’s Inland Income Authority of Singapore (IRAS) to be certain businesses and folks comply with area tax rules. This audit process requires a radical review of economic documents to validate the precision of tax filings and make Koh Lim Audit Firm Singapore certain tax compliance.
What sets Koh & Lim Audit PAC aside is their holistic approach to auditing. They know that behind each and every quantity is actually a story, and their role is that can help purchasers interpret and leverage these stories for strategic conclusion-producing.