Kazuma – Reliable and Trusted Auditing Services in Singapore for Businesses – both Multinational Corporation and SMEs
At Kazuma Public Accounting Corporation, we provide professional audit services in Singapore to help businesses meet statutory requirements while enhancing financial transparency and stakeholder confidence. We support our clients’ sustainable growth by inspiring confidence among key stakeholders, including Head Office, Parent Companies, auditors, regulators, and management.
Our clients range from multinational corporations to SMEs. Our audit services include statutory audits, financial statements audits, head office reporting, parent company consolidation package audits, group audits and consolidation, as well as support for external auditors. We adopt a thorough and efficient audit approach to ensure compliance, accuracy, and consistency in financial reporting.
Trusted, Reliable Audit Services | Kazuma
Statutory Audit under the Singapore Companies Act
In Singapore, statutory audits are mandatory unless a company qualifies for audit exemption under the Companies Act. We provide statutory auditing services in Singapore to a wide range of businesses, from sole proprietorships to medium-sized companies, ensuring full compliance with regulatory requirements and applicable auditing standards.
Parent Company Consolidation Package Audit
We conduct voluntary consolidation package audits to support the preparation of consolidated financial statements for parent companies. As these audits are non-statutory in nature, audit scope, standards, and procedures can be customised to meet group reporting requirements. We also provide audit reports on specific financial items based on instructions from the parent company or group auditors.
Support for External Auditors
Where audits are conducted by parent company appointed audit firms, Kazuma Public Accounting Corporation provides on-the-ground support by assisting with year-end closing procedures, responding to accounting and audit queries, and coordinating audit matters until completion.
Statutory Audit & Financial Statements Audit
- Statutory audits in accordance with Singapore Companies Act.
- Planning and execution of audit procedures based on audit risk.
- Review of financial statements and key accounting areas.
- Assessment of compliance with applicable auditing standards
- Issuance of independent auditor’s reports.
Parent Company Consolidation Package Audit
- Audit and review of consolidation reporting packages.
- Verification of figures and consolidation adjustments.
- Review of compliance with group accounting policies.
- Customised audit scope based on parent company instructions.
- Reporting of audit findings to management or parent company.
Internal Audit
- Kazuma’s highly experience internal audit professionals helps both MNC and SME clients improve their internal controls and corporate governance.
- We customise our approach to the different needs of clients and different industries ranging from financial services to non-profit organisations to industrial companies.
- We work professionally and amicably to provide value-added findings and insights to clients.
Financial Statements Audit
- Independent audits for non-statutory purposes.
- Verification of significant balances and transactions.
- Review of financial statement disclosures.
- Identification of accounting and reporting issues.
- Issuance of audit reports for management and stakeholders.
Group Audits and Consolidation
- Audit support for group and multi-entity structures.
- Coordination with group or component auditors.
- Review of group-level accounting and reporting matters.
- Assistance with consolidation and reporting consistency.
- Support for group audit timelines and deliverables.
Grants and Gross Turnover (GTO) Audit
- Kazuma supports both MNC and SME clients of all growth stages. As an accounting and audit firm in Singapore, we are able to provide clients with different types of audits or certifications to support their growth such as grant audits and gross turnover audits (GTO audits).
- Our experienced and knowledgeable audit professionals ensures that clients inspire stakeholder confidence and compliance so that clients can continue to grow their business sustainably.
Head Office Reporting
- Preparation of financial information for parent companies.
- Review of reporting packages based on group requirements.
- Alignment with group accounting policies and formats.
- Alignment with group accounting policies and formats.
- Support to meet group reporting timelines.
Support for External Auditor
- Preparation of financial information for parent companies.
- Review of reporting packages based on group requirements.
- Alignment with group accounting policies and formats.
- Alignment with group accounting policies and formats.
- Support to meet group reporting timelines.
Other Audits & Certifications
- Kazuma as an audit firm in Singapore is able to provide all other different types of audits, certifications and checks to support your growth.
- This support can included due diligence and other types of audit or checks that you require.
- Kazuma’s audit services can be customised to your requirements, and feel free to send us an inquiry.
Frequently Asked Questions
What is a statutory audit under the Singapore Companies Act?
In Singapore, a statutory audit is required for companies unless they qualify for audit exemption under the Singapore Companies Act. Kazuma’s statutory auditing services in Singapore ensures that a company’s financial statements present a true and fair view and comply with applicable accounting and auditing standards. At Kazuma, we conduct statutory auditing services in Singapore with a clear focus on compliance, accuracy, and transparency to support stakeholders’ confidence.
Does Kazuma provide statutory audit services for SMEs?
Yes. To help companies comply with Singapore regulations, Kazuma provides statutory auditing services in Singapore for a wide range of businesses, including SMEs, MNCs and growing companies. Like Kazuma, many of our clients value a practical and efficient audit approach that meets regulatory requirements while remaining aligned with their business size and operations.
What is a parent company consolidation package audit?
A parent company consolidation package audit is a voluntary audit conducted to support the preparation of consolidated financial statements at the group level. Unlike statutory audits, these audits allow flexibility in scope and procedures. Kazuma customises consolidation package audits according to parent company or group auditor requirements and can report on specific financial items as instructed.
Are consolidation package audits mandatory in Singapore?
No, consolidation package audits are not statutory requirements in Singapore. However, they are often requested by parent companies or group auditors for reporting and assurance purposes. Like Kazuma, companies with overseas or group reporting structures often require reliable local support to meet group deadlines and standards.
Can Kazuma support audits conducted by parent company–appointed auditors?
Yes. When audits are conducted by parent company appointed audit firms, Kazuma provides local support by assisting with year-end closing procedures, responding to accounting and audit queries, and coordinating audit-related matters until completion. This helps ensure a smooth and timely audit process.
Why choose Kazuma for audit and audit support services?
Kazuma combines technical expertise with a practical understanding of regulatory and group reporting requirements. Like Kazuma, our clients value clear communication, responsive support, and an audit approach that balances compliance with business realities.
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