Corporate Financial Statutory Audit Services Firm for Marina Bay Financial Centre
Introduction
Koh & Lim Audit PAC is a trusted Corporate Financial Statutory Audit Services firm in Singapore, providing high-quality audit services to businesses across the country’s top office buildings. Our statutory audit services ensure that businesses comply with Singapore’s financial regulations, maintain financial transparency, and strengthen corporate governance.
In this article, we focus on why companies operating in Marina Bay Financial Centre (MBFC) should engage Koh & Lim Audit PAC for their statutory audit needs.
Why Companies in Marina Bay Financial Centre Need Corporate Financial Statutory Audit Services
Marina Bay Financial Centre (MBFC) is a world-class commercial hub located in Singapore’s Marina Bay area. It consists of three premium office towers and is home to global financial institutions, investment firms, and multinational corporations.
Due to its prestigious status, businesses in MBFC must maintain the highest standards of financial transparency, corporate governance, and regulatory compliance. Here’s why companies in MBFC need a Corporate Financial Statutory Audit Services firm like Koh & Lim Audit PAC:
1. Ensuring Compliance with ACRA & IRAS Regulations
- Businesses in Singapore must undergo a statutory audit if they exceed S$10 million in revenue, total assets, or employee count.
- Non-compliance can lead to ACRA and IRAS penalties, affecting a company’s reputation and legal standing.
2. Strengthening Corporate Governance & Financial Accuracy
- Companies in MBFC operate in a highly regulated environment, making transparent financial reporting essential.
- Koh & Lim Audit PAC ensures that businesses maintain accurate financial statements to build trust with investors, regulators, and stakeholders.
3. Facilitating Business Growth & Investment Opportunities
- Many businesses in MBFC seek funding from banks, venture capitalists, or public stock listings (IPO).
- Audited financial statements improve credibility, making it easier to secure financing.
4. Minimizing Financial Risk & Ensuring Tax Compliance
- We help companies identify financial risks and ensure compliance with Singapore’s corporate tax laws.
- Our audits provide valuable insights that help companies avoid regulatory penalties and improve financial management.
5. Industry-Specific Expertise for Businesses in Marina Bay Financial Centre
As one of the top financial hubs in Singapore, MBFC houses businesses from various industries, including:
- Banking & Financial Services
- Investment Firms & Asset Management
- Law & Professional Services
- Technology & Fintech Companies
Our auditors specialize in these industries, ensuring compliance with industry-specific financial regulations.
How Koh & Lim Audit PAC Delivers Corporate Financial Statutory Audit Services
1. Risk-Based Audit Approach
- We conduct an initial risk assessment to identify potential compliance risks before the audit begins.
2. Comprehensive Financial Statement Review
- We analyze balance sheets, income statements, and cash flows in accordance with the Singapore Financial Reporting Standards (SFRS).
3. Transparent Audit Findings & Business Recommendations
- We provide detailed audit reports with actionable insights to help businesses strengthen their financial management.
4. Efficient & Seamless Audit Process
- We ensure a hassle-free audit experience, minimizing disruption to business operations.
Why Choose Koh & Lim Audit PAC?
✔ Experienced Chartered Accountants with extensive expertise in financial audits.
✔ Custom audit solutions tailored to businesses in MBFC.
✔ Competitive pricing while maintaining high audit standards.
✔ Proactive financial advisory support beyond compliance.
Conclusion
Businesses operating in Marina Bay Financial Centre need a reliable Corporate Financial Statutory Audit Services firm to ensure compliance, transparency, and business growth. Koh & Lim Audit PAC provides top-tier statutory audit services to help businesses maintain financial integrity while meeting their regulatory obligations.
For a consultation, contact us at:
📞 +65 98638665
📍 7500a Beach Rd, #09-324 The Plaza, Singapore 199591
📧 Tommyksh@kohlimaudit.sg
🌐 https://kohlimaudit.sg