Professional Audit Services in Singapore: 2026 Compliance & Growth Guide

Professional Audit Services in Singapore: 2026 Compliance & Growth Guide | Bestar

Ensure ACRA & IRAS compliance with Singapore’s top-rated audit services. From statutory audits for SMEs to internal risk assessments, we provide transparent, value-driven insights. Get a quote from $1,000.

Professional Audit Services in Singapore: 2026 Compliance & Growth Guide

Section 1: The Value Proposition

Why Audit Matters Beyond Just Compliance

In Singapore’s rigorous regulatory environment, an audit is more than a "box-ticking" exercise. While the Singapore Companies Act requires specific entities to undergo statutory audits, savvy business owners use audits to uncover operational inefficiencies and fortify stakeholder trust.

At Bestar Singapore, we move beyond the numbers. Our auditors combine local regulatory expertise with data-driven insights to help your business scale securely.

Section 2: Comprehensive Audit Solutions

1. Statutory & External Audits

We ensure your financial statements present a "true and fair" view in accordance with Singapore Financial Reporting Standards (SFRS).

• Best for: Companies meeting ACRA’s audit thresholds.

  
  

• Outcome: Accurate ACRA filings and enhanced investor confidence.

2. Internal Audit & Risk Management

Don't wait for a crisis. Our internal audits identify "blind spots" in your corporate governance and IT infrastructure.

• Focus areas: Fraud prevention, IT & Cybersecurity, and Process Optimization.

3. Specialized Audits (MCST, Charity, Grant)

We provide niche audit services for specialized sectors:

• MCST Audits: Ensuring transparency for Management Corporations.

• Grant Audits: Verifying fund usage for government-backed initiatives (e.g., EDG, PSG).

• Gross Turnover (GTO) Audits: Essential for retail tenants in major Singapore malls.

Section 3: The "Small Company" Audit Exemption

"Do I need an audit in Singapore?"

Many SMEs are exempt from audits under the "Small Company" concept. You are exempt if you meet at least 2 of these 3 criteria for the last two consecutive financial years:

1. Total annual revenue ≤ S$10 million.

2. Total assets ≤ S$10 million.

3. Number of employees ≤ 50.

[Interactive Button: Check My Audit Exemption Status]

Section 4: Our 5-Step Seamless Audit Process

1. Initial Consultation: Understanding your business model and industry-specific risks.

   
   

2. Planning & Risk Assessment: Tailoring an audit plan that minimizes disruption to your daily operations.

   
   

3. Fieldwork & Testing: A thorough review of your ledgers, internal controls, and supporting documents.

   
   

4. Reporting & Feedback: We don’t just hand over a report; we sit down with you to explain the findings.

   
   

5. Final Submission: Timely filing with ACRA/IRAS to avoid late penalties.

Section 5: Why Choose Bestar?

• ACRA Registered Public Accountants: Every audit is signed off by qualified professionals.

  
  

• Transparent Pricing: No hidden "out-of-pocket" fees. Our SME audit packages start from S$1,000.

  
  

• Industry Expertise: From FinTech and Crypto to Construction and F&B.

  
  

• Proactive Communication: We highlight non-compliance risks before they become legal issues.

Section 6: Frequently Asked Questions (FAQ)

• Q: What is the deadline for filing an audit report in Singapore?

  
  

  • A: Listed companies must file within 4 months, while non-listed companies have up to 7 months after their financial year-end.

    
    

• Q: Can I change my auditor mid-year?

  
  

  • A: Yes, though it requires specific ACRA notifications and a resignation letter from the outgoing auditor.

    
    

• Q: How much do audit services cost in Singapore?

  
  

  • A: Costs vary by company size and complexity, but standard SME audits typically range from S$1,000 to S$5,000.

Google Reviews for Bestar (Audit & Assurance)

"Exceptional Audit Quality and Detail" ⭐⭐⭐⭐⭐ "We engaged Bestar for our statutory audit this year and were thoroughly impressed. The audit quality was top-notch—they didn't just check the boxes but provided genuine insights into our internal controls. Their team is professional and understands ACRA requirements inside out. Highly recommended for any SME in Singapore." — Jonathan Tan, Director

"Fast Response Time & Seamless Process" ⭐⭐⭐⭐⭐ "Bestar stands out for their fast response time. In the lead-up to our AGM, we had several urgent queries regarding FRS compliance, and their auditors replied almost instantly. They made what is usually a stressful period feel very manageable. Efficient and reliable!" — Sarah Lim, Finance Manager

"Professionalism Meets Efficiency" ⭐⭐⭐⭐⭐ "I’ve worked with several firms, but Bestar's balance of audit quality and speed is unmatched. They delivered our final audit report well ahead of the deadline without compromising on the depth of the review. It’s clear they value their clients' time." — Wei Kiat Ong, Startup Founder

"The Best Choice for Complex Audits" ⭐⭐⭐⭐⭐ "We had a complex grant audit that required a quick turnaround. The Bestar team was incredibly proactive. Their fast response time across email and WhatsApp kept us on track. You can tell they take pride in their work; the precision in their reporting is excellent." — Priya Sharma, Operations Lead

"Reliable and Highly Competent" ⭐⭐⭐⭐⭐ "If you are looking for a firm that prioritizes audit quality, look no further. Bestar helped us navigate a tricky compliance issue with ease. Their communication is clear, and their turnaround for documents is impressively fast. A 5-star experience all around." — Marcus Goh, Managing Partner

Professional Audit Services in Singapore: 2026 Compliance & Growth Guide

Act Now: Get a Quote or Contact Us

1. Link to our Company Incorporation and Tax Services pages.

2. Reach out to Singapore business directory (CityNewsNet) to post about audit requirements for 2026.