Koh & Lim Audit PAC
Koh & Lim Audit PAC is a Singapore audit firm that provides professional, structured, and reliable audit services to businesses that require compliance, transparency, and financial accuracy. In Singapore’s strict regulatory landscape, companies are expected to maintain proper financial reporting standards, and engaging a competent audit firm is essential. Koh & Lim Audit PAC supports businesses in fulfilling these obligations while also helping them strengthen their financial systems.
With a strong focus on small and medium-sized enterprises (SMEs), as well as corporate groups and non-profit organisations, the firm delivers audit services that are both practical and efficient. Koh & Lim Audit PAC combines technical expertise with a deep understanding of business operations to ensure that audits are meaningful and value-driven.
About Koh & Lim Audit PAC
Koh & Lim Audit PAC is a Singapore-based public accounting firm specialising in audit and assurance services. The firm is committed to maintaining high professional standards and delivering audits that are compliant with Singapore Standards on Auditing.
The firm’s approach is centred on understanding each client’s business in detail. By doing so, Koh & Lim Audit PAC is able to tailor its audit procedures to suit the specific risks and operational characteristics of each company.
Clients benefit from a personalised approach, where the audit process is designed to minimise disruption while maintaining high levels of accuracy and reliability.
Comprehensive Audit Services
Koh & Lim Audit PAC offers a full range of audit services to meet the needs of businesses in Singapore.
Statutory Audit Services
Statutory audits are required for companies that exceed certain thresholds under Singapore regulations. Koh & Lim Audit PAC conducts thorough statutory audits to ensure that financial statements present a true and fair view.
The audit process includes:
- Reviewing financial statements
- Evaluating internal controls
- Performing audit testing
- Issuing an independent audit opinion
These audits are essential for maintaining compliance and building trust with stakeholders.
Gross Turnover (GTO) Audit
Retail and F&B businesses often need to submit GTO reports to landlords. Koh & Lim Audit PAC provides accurate GTO audits to verify revenue reporting.
This service helps businesses:
- Comply with lease agreements
- Ensure accurate reporting of sales
- Avoid disputes with landlords
Charity and Non-Profit Audit
Non-profit organisations, charities, and IPCs are subject to strict governance requirements. Koh & Lim Audit PAC offers specialised audit services for these entities.
These audits ensure:
- Transparency in financial reporting
- Proper utilisation of funds
- Compliance with regulatory standards
MCST Audit
Management Corporation Strata Title (MCST) audits are important for maintaining transparency in property management. Koh & Lim Audit PAC audits maintenance and sinking funds to ensure accurate reporting.
This service provides:
- Confidence to property owners
- Improved financial governance
- Compliance with statutory requirements
Group Audit Services
For companies with multiple subsidiaries, group audits are necessary for consolidation. Koh & Lim Audit PAC ensures that financial statements across all entities are consistent and accurate.
Industry Experience
Koh & Lim Audit PAC serves a wide range of industries, enabling the firm to understand sector-specific risks and requirements.
Industries include:
- Retail and F&B
- Technology and startups
- E-commerce businesses
- Manufacturing and engineering
- Logistics and supply chain
- Professional services
This experience allows the firm to tailor audit procedures effectively.
Why Engage Koh & Lim Audit PAC
Businesses in Singapore choose Koh & Lim Audit PAC for several reasons.
Strong Regulatory Knowledge
The firm has a deep understanding of Singapore’s financial reporting and audit requirements.
Efficient Audit Delivery
Audits are conducted in a timely manner to ensure compliance with deadlines.
Cost-Effective Solutions
Koh & Lim Audit PAC offers competitive pricing, making it accessible to SMEs.
Personalised Service
Each client engagement is customised to meet specific business needs.
Experienced Audit Team
The team consists of qualified professionals with extensive experience in audit and assurance.
Importance of Audit Services
Audits are a critical part of corporate governance in Singapore. They provide assurance that financial statements are accurate and comply with regulatory standards.
An audit can help businesses:
- Identify financial discrepancies
- Strengthen internal controls
- Improve financial reporting
- Enhance stakeholder confidence
Koh & Lim Audit PAC ensures that audits are conducted thoroughly, providing both compliance and valuable insights.
Audit Process
Koh & Lim Audit PAC follows a structured methodology to ensure consistency and quality.
- Understanding the Business
The audit team assesses the client’s operations and identifies key risks. - Planning the Audit
A detailed audit plan is developed. - Fieldwork
Financial transactions and controls are tested. - Analysis
Findings are reviewed to ensure accuracy. - Reporting
An independent audit report is issued.
This systematic approach ensures reliable audit outcomes.
Commitment to Professional Standards
Koh & Lim Audit PAC adheres to Singapore Standards on Auditing and maintains strict independence in all engagements. The firm’s commitment to integrity ensures that clients receive unbiased and reliable audit services.
Continuous training ensures that the audit team remains updated with the latest regulatory developments.
Use of Technology
Koh & Lim Audit PAC leverages technology to enhance the efficiency and accuracy of its audit processes. By using digital tools and data analytics, the firm can:
- Identify anomalies in financial data
- Improve audit accuracy
- Reduce manual processes
- Deliver timely results
This modern approach ensures high-quality service delivery.
Supporting Business Growth
Koh & Lim Audit PAC goes beyond compliance by helping businesses improve their financial processes. Through its audit services, the firm provides insights that support better decision-making and operational efficiency.
Clients benefit from:
- Improved financial visibility
- Enhanced internal controls
- Better business performance
Long-Term Client Partnerships
The firm values long-term relationships with its clients. By delivering consistent quality and personalised service, Koh & Lim Audit PAC has built a strong reputation as a trusted audit partner in Singapore.
Clients can rely on the firm for ongoing support and guidance.
Contact Details
If you are looking for a professional audit firm in Singapore, Koh & Lim Audit PAC is ready to assist.
Phone: +65 98638665
Address: 7500A Beach Road, #09-324 The Plaza, Singapore 199591
To learn more about their services, visit:
👉 https://kohlimaudit.sg/
Conclusion
Koh & Lim Audit PAC is a dependable audit firm that provides comprehensive audit and assurance services to businesses in Singapore. With a strong focus on compliance, efficiency, and client satisfaction, the firm delivers high-quality audits that support regulatory requirements and business growth.
Whether you require statutory audits, GTO audits, MCST audits, or specialised audit services, Koh & Lim Audit PAC offers tailored solutions designed to meet your needs.