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.
The development marketplace is usually a cornerstone of economic improvement in Singapore, driving infrastructure development, building Work opportunities,…
Compliance with ISA calls for auditors to adhere to a comprehensive set of tips and methods all over the auditing approach. Some of the important needs consist of:
We believe in constructing lasting associations based upon trustworthiness and accountability, striving for being not just auditors, but trusted advisors to our purchasers.
This contains evaluating stock Regulate methods, conducting Bodily counts, and reconciling discrepancies to be certain economical accuracy and prevent losses.
In 2024, we hope to discover even better integration of AI and ML in audit processes, enabling auditors to focus on far more strategic and sophisticated areas of their perform.
Steady auditing and actual-time facts Assessment permit auditors to watch financial pursuits as they happen. This permits for immediate detection and backbone of difficulties, maximizing the reliability of financial reporting.
Blockchain know-how is more Koh Lim Audit Services Singapore and more being used in audits to deliver a secure and clear approach to file transactions. By making use of blockchain, organizations can make sure their economic data are immutable and traceable, reducing the risk of fraud.
ISO 45001 is definitely an internationally identified standard intended to make improvements to workplace security by establishing a sturdy occupational wellbeing and protection administration program (OHSMS). The audit process assesses a corporation’s capability to handle health and fitness and security threats, lower place of work incidents, and comply with related protection legislation.
By conducting these tests proactively, businesses not just boost their security posture but in addition adjust to marketplace restrictions for info security, such as the GDPR and PCI DSS, which demand periodic protection assessments.
Workers Schooling: Teach your home administration staff with regard to the audit procedure and their roles in it. Assure they understand the importance of precise money reporting and are ready to guide auditors.
The results Koh Lim Audit Services Singapore are documented in specific audit stories, which may be Employed in authorized proceedings. Forensic audits are critical for resolving fiscal disputes and making sure accountability within an organization, making the procedure very important for both equally compliance and inner Management.
As organizations come to be more and more digital, the risk of cyber threats has grown. Modern-day audit instruments now contain Innovative cybersecurity actions to shield sensitive monetary information.
Participating with authorized and Koh Lim Audit Firm Singapore compliance gurus can help companies navigate these alterations and stay away from probable penalties.
By offering an independent and goal evaluation, auditors aid build believe in and reliability among stakeholders.