PATHWAY ASSURANCE AND AUDIT PAC

Compliance Assurance Ensuring adherence to accounting standards and regulations.

Risk Assessment Identifying and mitigating potential financial risks.

Independent Audits Offering unbiased opinions on financial statements.

Reliable Audit & Assurance Services Tailored for Singapore Businesses Gain confidence in your financial reporting with our Audit and Assurance services. As a Singapore-registered corporate service provider, we ensure compliance with regulatory standards while delivering insights to strengthen your company's internal controls and support better decision-making. Our experienced professionals work closely with Singapore-based companies to meet statutory requirements and uncover opportunities to enhance financial transparency and operation efficiency. We deliver audits that are not only accurate but also add real business value.

As a trusted Singapore corporate service provider, our services are conduct.ed in compliance with the Singapore Financial reporting standards and Singapore Standards on Auditing (SSAs),ensuring accuracy,transparency, and regulatory adherence. Our services include:
.Statutory Audit
.Financial Audit
·Rental Audit
.Other Assurance Services, such as Agree-Upon-Procedures reviews and other specialized reviews requested by stakeholders.

What You Need to Know About Statutory Audits in Singapore? In Singapore,statutory audits are mandatory for all companies unless they qualify for audit exemption under the small company criteria. Companies that are required to be audited must appoint a qualified auditor within three (3) months of their incorporation. These audits can only be conducted by a Public Accountant (PA) registered with the Accounting and Corporate Regulatory Authority (ACRA). The purpose of a statutory audit is to provide an independent assessment of a company's financial statements, ensuring accuracy, compliance with Singapore Financial Reporting Standards (SFRS), and transparency for stakeholders. it plays a vital role in maintaining trust and accountability in the corporate landscape.

Financial Audits in Singapore: Ensuring Accuracy and Accountability Financial audits are a key part of maintaining transparency and trust in your business. In Singapore, financial audits must be conducted by a Certified Public Accountant (PA)registered with ACRA. These audits review a company's financial statements to ensure they are accurate, complete, and in compliance with SFRS. Most importantly, a financial audit provides valuable insights that support sound decision-making and builds credibility with investors, lenders, and stakeholders.

Our Audit Approach Our audit approach is designed to provide reasonable assurance that the financial statements are not materially misstated and are presented fairly in accordance with applicable accounting standards and relevant statutory requirements. Criteria for Statutory Audit in Singapore

Private Limited Company

A company must meet at least two out of the following three criteria for each of the past two (2) financial years:
. Total annual revenue exceeds S$10 million
. Total assets exceed S$10 million
. Total number of employees is more than 50

Company that is Part of a Group

If a company is part of a group, the entire group must not qualify as a small group and must meet the consolidated thresholds. This means the group must meet at least two out of the following three criteria on a consolidated basis for each of the past two (2) financial years:
. The group's total annual revenue exceeds S$10 million
. The group's total assets exceed S$10 million
. The group has more than 50 employees