The purpose of an audit is to enhance the degree of confidence of intended users in the financial statements. This is achieved by the expression of an opinion by the auditor on whether the financial statements are prepared, in all material respects, in accordance with the Singapore Financial Reporting Standards and Singapore Companies Act.

S.O.Liang & Co provides a cost effective audit and assurance services for small and medium-size enterprises operating in Singapore. Our fundamental audit work is to deliver high quality audit services while adhering to the highest standards of independence, professional objectivity and technical excellence in accordance with Singapore Standards on Auditing.

Our audit teams are equipped with sound technical and management skills to allow us to achieve audit efficiency. Whilst assisting our clients to identify their risks and manage them effectively, we also support our clients in growing their businesses.

This refers to assurance engagements other than audits of historical financial information.

In conducting an assurance engagement, the objectives of the practitioner are:

(a) To obtain either reasonable assurance or limited assurance, as appropriate, about whether the subject matter information is free from material misstatement; and

(b) To express a conclusion regarding the outcome of the measurement or evaluation of the underlying subject matter through a written report that conveys either a reasonable assurance or a limited assurance conclusion and describes the basis for the conclusion.

We provide special audit services such as:

• Agreed upon procedures

• Compilation of financial statements

• Due diligence

• Gross turnover audit

• Grant audit