Welcome to Koh & Lim Audit PAC, where precision meets trust in auditing excellence. Founded by seasoned professionals in the industry, Koh & Lim Audit PAC is committed to delivering meticulous audit services tailored to meet the unique needs of our clients.

At Koh & Lim Audit PAC, we pride ourselves on our integrity, professionalism, and dedication to quality. Whether you are a small business, a non-profit organization, or a large corporation, our team is here to provide comprehensive audit solutions that ensure compliance, mitigate risk, and enhance transparency in financial reporting.

Driven by a passion for accuracy and a deep understanding of regulatory requirements, our firm goes beyond numbers to provide valuable insights that empower our clients to make informed decisions with confidence. We believe in building lasting relationships based on reliability and accountability, striving to be not just auditors, but trusted advisors to our clients.
Prescriptive analytics goes over and above prediction by recommending certain actions to mitigate threats or increase outcomes.

Planning sufficiently for an MCST audit can streamline the process and make sure a constructive outcome. Listed here’s a comprehensive tutorial on how to prepare for an MCST audit in Singapore.

Increased Economical Integrity: Auditors Perform a significant function in making certain the accuracy and trustworthiness of economic statements. Their independent evaluation improves the fiscal integrity from the Group, constructing believe in between stakeholders.

Correct Reporting: Be certain that the economic statements, including the harmony sheet and earnings assertion, precisely reflect the MCST’s financial status. Make sure that all transactions are effectively recorded and reconciled.

Info Koh Lim Audit Firm Singapore analytics permits auditors to assess hazards more effectively by pinpointing tendencies and styles That won't be instantly apparent by way of regular approaches. This enhanced chance evaluation permits additional focused audits, focusing means around the regions of greatest threat and opportunity effect.

Regulatory bodies in Singapore and all over the world are ever more adopting digital instruments to watch compliance. In 2024, firms will need to stay up-to-day with the latest regulatory improvements and be sure that their digital audit procedures are aligned Using these requirements.

This dedication to excellence has earned them a name being a trusted associate for SMEs trying to find Koh Lim Audit Firm Singapore reliable and Koh Lim Audit Firm Singapore precise money audits.

ISO 45001 can be an internationally recognized conventional meant to make improvements to workplace security by establishing a sturdy occupational health and fitness and basic safety administration technique (OHSMS). The audit procedure assesses a firm’s capability to deal with well being and basic safety challenges, lessen workplace incidents, and adjust to pertinent safety legal guidelines.

Put into action Tips: If your auditor presents suggestions for improvements, implement them to improve your financial tactics and controls.

Standard cybersecurity audits should be carried out to detect vulnerabilities and address them instantly. Coaching employees on cybersecurity greatest techniques is usually necessary to reduce breaches that may compromise audit information.

Enhanced Auditor Independence: Regulatory improvements have introduced stricter regulations to be sure auditors keep on being unbiased from their customers. One example is, SOX prohibits auditors from providing specific non-audit services to their audit purchasers, though the EU ARD mandates the rotation of audit firms following a specified interval. These actions assist to mitigate conflicts of fascination and increase the objectivity of auditors.

Can little firms gain from Koh & Lim’s audit services, or are they mainly focused on massive firms?

With increased reliance on digital applications, the chance of details breaches and cyber threats also increases. Organizations must ensure strong cybersecurity steps are set up to shield sensitive economic information and facts.

Penetration tests aids businesses establish vulnerabilities that automatic instruments may possibly miss, allowing for for a more comprehensive protection evaluation. The test evaluates the effectiveness of protection measures, like firewalls, encryption, and entry controls, and presents tips for increasing the process’s defenses.