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6 Best Audit Services to Hire in Singapore
How We Picked
We sat down with business owners to discuss how their hired auditors fared during the past financial year end seasons. We based our scores on the following criteria:
Reputation
We narrowed down our selection to companies operating for at least five years and those that have gained solid partnerships and acknowledgments throughout their operations.
Expertise
We selected companies with experienced and certified auditors.
Technology
We picked audit services that utilize modern tools to streamline business processes, from communicating with clients to producing comprehensive audit reports.
Value for money
Our selection included companies that charge reasonable rates for their services.
1. Margin Wheeler
Services: Statutory audit, sales/rental audit, charity audit, lucky draw audit; accounting, taxation, incorporation
Website: https://marginwheeler.com/
Address: 21 Bukit Batok Crescent, #15-75, WCEGA Tower, Singapore 658065
Contact Details: +65 6272-0820 | [email protected]
Operating Hours: Monday to Friday: 9:00 AM – 6:00 PM
Rates:
- Statutory audit: From $2,000
- Sales/rental audit: $700
Google Reviews | 5/5 |
5/5 | |
Total reviews | 5/5 |
Score consistency | 5/5 |
Reputation | 5/5 |
– Years in the business | 5/5 |
– Partnerships | 5/5 |
Expertise | 4.5/5 |
Technology | 4.5/5 |
Value for money | 4.5/5 |
Pros
- Highly responsive
- Comprehensive internal audit services
- Transparent pricing
Cons
- Might get too busy
- Some services can get pricey
Margin Wheeler is a popular choice not only for large corporations but also for medium-sized businesses thanks to its comprehensive audit services.
Mid-level companies particularly like the service’s internal audit. Entrepreneurs who hired them told us that the process, though tedious, was essential to improving their business operations.
They also confirmed that Margin Wheeler never charged them hidden fees.
Packages can become pricey depending on the complexity of the business, but they claimed that the results were worth the pay.
Moreover, the company’s consistency and transparency, we’re told, were keys to retaining so many businesses as partners of the firm.
That said, Margin Wheeler’s services go beyond auditing. It can get busy, especially at the end of the year, which might result in a few communication delays.
The sales/rental audit offer was also a bit pricey for some clients.
2. CCIS Singapore
Services: Auditing, consulting, accident investigation
Website: https://www.ccis.com.sg/
Address: 16 Jln Kilang Timor, #08-03/04/05/06, Redhill Forum, Singapore 159308
Contact Details: +65 6376-0550 | [email protected]
Operating Hours: Monday to Thursday: 8:30 AM – 6:00 PM, Friday: 8:30 AM – 5:30 PM, Saturday: 8:30 AM – 12:30 PM
Google Reviews | 4.9/5 |
4.8/5 | |
Total reviews | 4.5/5 |
Score consistency | 5/5 |
Reputation | 5/5 |
– Years in the business | 5/5 |
– Partnerships | 5/5 |
Expertise | 4.3/5 |
Technology | 4.5/5 |
Value for money | 4.5/5 |
Pros
- Effective audit plans
- Easy to reach
- Offers training courses for employees
Cons
- Limited to worksite safety audits
- No at-a-glance rates on website
CCIS Singapore is the ideal option for entrepreneurs who are seeking to secure certifications for their businesses, particularly in adherence to safety and health regulations.
Entrepreneurs we’ve talked to said that the company’s extensive on-site audit was both efficient and educational.
Some even admitted to not realizing the gaps until CCIS took over the safety audit. Hiring the company helped these business owners restructure their systems and keep their employees safe.
First-time clients might not be comfortable with CCIS’ pricing style, though. Base rates were not fixed since the audit plan depended on the business’ nature, after all.
Those who wanted some solid numbers to work with might find the case-to-case price quotes a bit unsettling.
And while the company can do safety audits for other industries, we think business owners working in construction, metalworks, shipyards, and plants will benefit better from its services.
3. AG Singapore
Services: Statutory audit, BCA audit, sales audit, grant audit, internal audit; accounting, branding, corporate financing
Website: https://ag-singapore.com/
Address: 111 North Bridge Road, #07-11, Singapore 179098
Contact Details: +65 9383-2464 | [email protected]
Operating Hours: Monday to Friday: 8:30 AM – 5:30 PM
Rates:
- Statutory audit: From $3,000
- Sales audit: From $800
Google Reviews | 5/5 |
4.2/5 | |
Total reviews | 5/5 |
Score consistency | 4.5/5 |
Reputation | 5/5 |
– Years in the business | 5/5 |
– Partnerships | 5/5 |
Expertise | 4.5/5 |
Technology | 4.5/5 |
Value for money | 4.3/5 |
Pros
- Ideal for SMEs
- Broad range of auditing services
- Reputable firm
Cons
- Communication delays possible
- Slightly pricier
Businesses looking for one-stop-shop convenience found what they need and more with Ackenting Group (AG) Singapore’s broad service range.
For auditing alone, the firm offers ten types of audit services, including internal and statutory audits. Better yet, AG caters to small and medium enterprises (SMEs).
An entrepreneur who sought AG’s help said that the comprehensive services were enough to streamline his business operations.
He had AG guide him since day 1 and claimed that the firm had been consistent with its performance, including the auditing part.
He particularly liked that the firm didn’t miss audit deadlines within his three years of working with them.
That said, he admitted that AG’s auditing fees were slightly higher than other rates available in the market. He thought perhaps it was because of the firm’s solid reputation, though.
He also cited a few instances when AG’s response rate was slower than what he was used to. His respite is that the service remains efficient despite the occasional delays.
4. Accounting Consultancy
Services: Statutory audit, charity audit, gross turnover audit, sales audit, grants/subsidiaries audit; accounting, incorporation
Website: https://www.accountingconsultancy.com/
Address: 60 Paya Lebar Rd, #07-06 Paya Lebar Square, Singapore 409051
Contact Details: +65 9112-0268
Operating Hours: Monday to Friday: 9:00 AM – 6:00 PM
Rates:
- Statutory audit (low volume): $2,000 – $3,000
- Statutory audit (medium volume): $3,000 – $5,000
- Statutory audit (high volume): From $5,000
Google Reviews | 4.9/5 |
Total reviews | 3.5/5 |
Score consistency | 5/5 |
Reputation | 4.75/5 |
– Years in the business | 5/5 |
– Partnerships | 4.5/5 |
Expertise | 4.5/5 |
Technology | 5/5 |
Value for money | 4.8/5 |
Pros
- Easy-to-understand pricing scheme
- Offers personalized audit plan
- Responsive
Cons
- Occasional communication hiccups
- Lacking specialized audit services
Much like its name, Accounting Consultancy Pte. Ltd. was straightforward with its auditing services.
Past clients who agreed to share their experience told us that they appreciated the firm’s transparency in pricing its services.
One business owner even said that basing the rates on volumes per transaction was easy to understand and didn’t give room for hidden fees.
Clients also loved that Accounting Consultancy tailored its plan to their businesses. Many of them appreciated the careful thought afforded to their companies.
That said, the company was not immune to communication glitches. Fortunately, past and present clients clarified that these delays were tolerable.
We also think larger corporations who are in need of specialized services, such as compliance, fraud, and information systems audit, might find Accounting Consultancy’s list limited.
5. Precursor Assurance
Services: Statutory audit, internal audit, due diligence, forensic and special investigation; taxation, corporate solutions
Website: https://www.precursor.com.sg/en/
Address: 60 Albert St, #14-04 OG Albert Complex, Singapore 189969
Contact Details: +65 6336-5500 | [email protected]
Operating Hours: Monday to Friday: 9:00 AM – 6:00 PM
Google Reviews | 4.6/5 |
3/5 | |
Total reviews | 4.5/5 |
Score consistency | 4/5 |
Reputation | 4.75/5 |
– Years in the business | 5/5 |
– Partnerships | 4.5/5 |
Expertise | 4.5/5 |
Technology | 4.8/5 |
Value for money | 4.5/5 |
Pros
- Best for SMEs
- Straightforward audit services
- Often responsive
Cons
- No at-a-glance rates
- Communication delays possible
Precursor Assurance’s no-fuss audit services, together with a responsive and highly competent staff, made it a well-loved company by SME owners.
Clients of the firm were particularly impressed with its internal audit performance for its comprehensiveness.
One of their business clients even told us that he was able to optimize his company’s operations thanks to the firm’s helpful advice.
Precursor’s statutory audit service was also impressive, with clients appreciating how spot-on the firm was when identifying risks.
That said, clients affirmed that Precursor’s services are best offered to businesses without extensive auditing needs.
Owners with more complex concerns (e.g. related to industries such as construction and manufacturing) may do well to look for firms with more diversified services.
Firms offering specialized services such as construction and compliance audits are ideal, as the owners hiring them won’t have to jump from one provider to another.
Know also that Precursor had times when it was slow to respond to queries. The good thing was that it made up for the delay by being doubly accommodating to its clients.
6. J Accounting Pte. Ltd.
Services: Incorporation, Secretarial, Accounting, Payroll, Taxation, Advisory, Auditing, Nominee Director, and Striking Off
Website: https://www.j-accountingservices.com/
Address: A’Posh Biz Hub #05-34, 1 Yishun Industrial Street 1 Singapore 768160
Contact Details: +65 8608 4328
Operating Hours:
9:00am to 6:00pm – Mondays to Fridays
(Closed on Saturdays, Sundays and Public Holidays)
Google Reviews | 4.9/5 |
N/A | |
Total reviews | N/A |
Score consistency | N/A |
Reputation | 4.75/5 |
– Years in the business | 5/5 |
– Partnerships | 4.5/5 |
Expertise | 4.5/5 |
Technology | 4.8/5 |
Value for money | 4.5/5 |
Pros
- Professional team
- Wide range of services
- Variety of packages
Cons
- Closed on weekends and public holidays
J Accounting Pte. Ltd. is a Business to Business website based in Singapore.
They’re committed to assisting businesses gain maximum savings by offering trustworthy, quality and reliable services.
We like the wide range of services they offer which include Incorporation, Secretarial, Accounting, Payroll, Taxation, Advisory, Auditing, Nominee Director, and Striking Off.
We think that they’re a team that can help business owners be able to manage their expenses while growing their profits in the long term.
They have a variety of packages, which we like because we think no matter your needs, there’s something the can offer.
We find that they’re a pleasure to work with. They’re professional and efficient, and they’re very consistent with this.
We highly recommend!