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Anonymous
04 Mar 2021
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Any recommendations for an auditor for my SME?
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Nathaniel
If you're running an SME, you may not need to appoint an auditor. There is an exemption called the "small company exemption", where qualifying SMEs don't have to appoint an auditor. This applies for SMEs:
At or below $10 million revenue
At or below $10 million assets
At or below 50 employees
Here's a guide on Singapore's small company audit exemption.
For SMEs, make sure to protect yourself against liability and other risks:
Professional indemnity insurance (from $42/mth)
Public liability insurance (from $9/mth)
WICA insurance (from $5/mth)
Business insurance package (from $19/mth)
If you need an auditor anyway, here's a list of auditors in Singapore: https://www.singapore-sme.com/business-finance/...
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If you're running an SME, you may not need to appoint an auditor. There is an exemption called the "small company exemption", where qualifying SMEs don't have to appoint an auditor. This applies for SMEs:
At or below $10 million revenue
At or below $10 million assets
At or below 50 employees
Here's a guide on Singapore's small company audit exemption.
For SMEs, make sure to protect yourself against liability and other risks:
Professional indemnity insurance (from $42/mth)
Public liability insurance (from $9/mth)
WICA insurance (from $5/mth)
Business insurance package (from $19/mth)
If you need an auditor anyway, here's a list of auditors in Singapore: https://www.singapore-sme.com/business-finance/...