The firm’s Singapore office performs audits on many publicly-traded companies listed on the Singapore Exchange (SGX) The fourth firm in the list of the Big Four practices in the country, Deloitte boasts over 50 years of service as a global leader in developing and evolving companies
What are the different types of audits in Singapore?
In Singapore, audits consist of two main types: Statutory and Non-statutory
Usually, the statutory audit exists as an external audit conducted each year to meet a particular set of rules set by legislation
It is mainly concerned with reviewing and spotting errors, besides checking financial accounts, reports, and related records
Why is auditing important in Singapore?
In the bustling financial hub of Singapore, the auditing industry holds significant prominence
The Accounting and Corporate Regulatory Authority(ACRA) emphasizes that auditing plays an indispensable role in bolstering the trustworthiness and consistency of a company’s financial disclosures to its stakeholders
The International Forum of Independent Audit Regulators (IFIAR) is a global member organization comprising independent audit regulators from 54 jurisdictions.
Auditing singapore
Government agency
The Singapore Customs is a government agency under the Ministry of Finance of the Government of Singapore. Singapore Customs was reconstituted on 1 April 2003, \nafter the Customs and Excise Department and the Trade Facilitation Division and Statistics Audit Unit of International Enterprise Singapore were merged.\nThe border function's at the land, air and sea checkpoints were also simultaneously transferred to Immigration and Checkpoints Authority (ICA). Singapore Customs became the lead agency on trade facilitation and revenue enforcement matters. It is also responsible for the implementation of customs and trade enforcement measures including those related to Free Trade Agreements and strategic goods.
The Singapore Red Cross (SRC)
The Singapore Red Cross (SRC), formally the Singapore Red Cross Society, is a humanitarian aid and community services charity in Singapore. The SRC is a national member of the Federation of Red Cross and Red Crescent Societies (IFRC) and International Committee of the Red Cross (ICRC) and forms a part of the International Red Cross Movement.
Taxis of Singapore come in two main varieties
Taxis of Singapore come in two main varieties. Traditional taxi companies offer flag down and call bookings and their drivers are hired employees of the company. Ridesharing companies allow bookings through a smartphone, allowing ease for passengers, these are mostly known as private hire vehicles (PHV). Their apps also allow the flexibility to work and pick up passengers with their own vehicle, be it owned or rented, provided the various requirements are met depending on the company.
The International Forum of Independent Audit Regulators (IFIAR) is a global member organization comprising independent audit regulators from 54 jurisdictions.
The Singapore Customs is a government agency under the Ministry
Government agency
The Singapore Customs is a government agency under the Ministry of Finance of the Government of Singapore. Singapore Customs was reconstituted on 1 April 2003, \nafter the Customs and Excise Department and the Trade Facilitation Division and Statistics Audit Unit of International Enterprise Singapore were merged.\nThe border function's at the land, air and sea checkpoints were also simultaneously transferred to Immigration and Checkpoints Authority (ICA). Singapore Customs became the lead agency on trade facilitation and revenue enforcement matters. It is also responsible for the implementation of customs and trade enforcement measures including those related to Free Trade Agreements and strategic goods.
The Singapore Red Cross (SRC)
The Singapore Red Cross (SRC), formally the Singapore Red Cross Society, is a humanitarian aid and community services charity in Singapore. The SRC is a national member of the Federation of Red Cross and Red Crescent Societies (IFRC) and International Committee of the Red Cross (ICRC) and forms a part of the International Red Cross Movement.
Taxis of Singapore come in two main varieties
Taxis of Singapore come in two main varieties. Traditional taxi companies offer flag down and call bookings and their drivers are hired employees of the company. Ridesharing companies allow bookings through a smartphone, allowing ease for passengers, these are mostly known as private hire vehicles (PHV). Their apps also allow the flexibility to work and pick up passengers with their own vehicle, be it owned or rented, provided the various requirements are met depending on the company.
