3 Things to Look for When Choosing an Audit Firm in Singapore
Carrying out an audit is one of those statutory requirements that companies should undertake yearly if they are to operate legally. With so many companies claiming to be offering quality audit services, there are a number of things that should be looked into when choosing an audit firm in Singapore. Before choosing an auditor, ultimate care should be taken so as to ensure that the company or individual chosen for the task has all the necessary qualities and more.
Some of the things to look for when choosing an audit firm include;
Industry expertise
When choosing an auditor in Singapore, you should consider engaging an audit firm that has experience in your specific Industry. You need to work with a team that has handled financial accounts that are similar to what your business is involved in. The auditor in Singapore that you choose should be able to demonstrate that they have the required industry expertise to handle the type of tasks that you have for them.
Look out for proof of expertise and experience when selecting an audit firm in Singapore. How the audit firm responds to your queries should help you with gauging whether they have a deep understanding of what your company is like.
Do your research
Before you choose an audit firm in Singapore, ensure that you carry out your research well. There are a number of reputable companies but based on their size and level of clientele, you may not be comfortable having them handle your unaudited report. So take your time and research for a company that is not only reputable but that which you can comfortably work with.
If you have a large company then you may need to engage an audit firm in Singapore that has the manpower and resources that are necessary for undertaking the task at hand. A company such as Onestop-ca.com has a team of professional auditors with relevant certifications and qualifications required to handle audit tasks for both small and big companies in different industries.
Meet in person
As much as it may not be possible all the time, meeting the auditor in Singapore that you intend to work with helps with ensuring that the chosen audit firm in Singapore is not only competent but also has the required level of expertise that can enable them to handle the tasks. It’s through meeting and having communication that you will be able to gauge if the audit team is capable of handling the tasks that you have for them.
Apart from engaging through emails and long telephone calls, having a meeting also helps with eliminating any forms of doubt that you might have had in your mind. You should consider working with an audit firm in Singapore that is capable of complementing your work culture especially when things get tough.
After you have identified an audit firm in Singapore that you can engage, you can also take time and watch out for a few indicators of a great firm such as peer review, the reputation of the firm, and the available payment options alongside other factors.
We hope this blog post was helpful to you.