We offer the best
Audit Services
Elevate financial confidence with our unparalleled audit services. We specialize in meticulous examinations, delivering accuracy, transparency, and compliance assurance for your business success.
The Most Meticulous
Running a business involves complex financial transactions, and stakeholders require confidence in the accuracy and reliability of financial information. Auditing is a crucial process. Pick wisely, pick Assembly Assurance.
Our Special Services
All audit services available here at Assembly Assurance, & more.
Our Prices Are Transparent.
So Are We
Contact us today to know more about our services and how we can help you and your business.
Who Needs a Statutory Audit in Singapore?
Under the Singapore Companies Act, all companies incorporated in Singapore must have their financial statements audited annually — unless they qualify for audit exemption. Your company is exempt from audit if it is a small company that meets at least two of these three criteria for the current and preceding financial years:
- Total annual revenue does not exceed S$10 million
- Total assets do not exceed S$10 million
- Number of employees does not exceed 50
For small groups, the group as a whole must also meet at least two of the three criteria on a consolidated basis. Even if your company qualifies for exemption, you may still need an audit if any shareholder holding at least 5% of shares requests one, or if your company is required to prepare consolidated financial statements.
Our Audit Process
Assembly Works takes a hands-on approach to make the audit process smooth and stress-free.
Step 1: Pre-Audit Planning
We review your financial records and accounting system to understand your business operations and identify key audit areas. We coordinate the timeline so there are no surprises.
Step 2: Fieldwork
Our team examines your financial statements, supporting documents, bank reconciliations, and internal controls. We work closely with your team to minimise disruption to daily operations.
Step 3: Review and Reporting
We prepare audit-ready financial statements that comply with Singapore Financial Reporting Standards (SFRS). Any findings or adjustments are discussed with you before finalisation.
Step 4: Delivery
You receive your audited financial statements, ready for filing with ACRA and IRAS. We also coordinate directly with your appointed auditor if required.
Types of Audit Services We Provide
We support businesses across a range of audit and assurance needs.
Statutory Audit
Annual audit of financial statements as required by ACRA for non-exempt Singapore companies.
Internal Audit
Review of internal controls, processes, and risk management to strengthen your operations.
GST Audit Support
Assistance with GST compliance reviews and preparation for IRAS audits.
Due Diligence
Financial due diligence for mergers, acquisitions, or investment transactions.
Compilation of Financial Statements
For small companies that are audit-exempt but still need properly prepared financial statements for banking, investor, or regulatory purposes.
Why Choose Assembly Works for Audit Services?
ISCA-Certified Accountants
Our team holds professional certifications from the Institute of Singapore Chartered Accountants, ensuring your financials are handled to the highest standard.
Fixed, Transparent Pricing
No hidden fees. We quote a fixed price upfront so you know exactly what to expect.
Fast Turnaround
We understand that deadlines matter. Our streamlined process delivers audit-ready accounts within agreed timelines, typically 2 to 4 weeks.
End-to-End Support
From bookkeeping and management accounts to audit coordination and ACRA filing, we handle the full cycle so you don’t have to manage multiple providers.
Trusted by 200+ Companies
SMEs, startups, and established businesses across Singapore trust Assembly Works with their compliance needs.
Frequently Asked Questions About Audit Services
Audit fees vary depending on the complexity and size of your business. For small SMEs, statutory audit fees typically range from S$2,500 to S$8,000. Assembly Works provides a fixed-price quote after an initial review of your accounts.
A typical statutory audit takes 2 to 4 weeks once we receive all required documents. We work to your ACRA filing deadline and coordinate the timeline upfront.
A statutory audit provides an independent opinion on whether your financial statements are fairly presented. A compilation is the preparation of financial statements from your accounting records without providing assurance. Audit-exempt companies typically only need a compilation.
Yes. Many clients engage us to prepare audit-ready financial statements and management accounts, which we then hand off to their appointed audit firm. We handle all coordination to make the process seamless.
You will typically need your general ledger, bank statements, invoices, contracts, payroll records, and any loan or lease agreements. We provide a complete checklist at the start of the engagement.