Special purpose audits focus on specific needs such as grant claims, due diligence, or contractual compliance. We provide targeted assurance to ensure your reports are accurate, compliant, and trusted by regulators, investors, and business partners.
A special purpose audit is designed to verify financial data or processes for a particular requirement rather than the company’s entire financial statements. This may include certifying project expenditures for government grants, reviewing accounts as part of merger or acquisition due diligence, or confirming compliance with contractual or financing terms.
Unlike statutory audits, which cover the full set of financial statements, special purpose audits are narrower in scope but highly focused, delivering assurance exactly where it is needed.
Tailored Approach
Each engagement is scoped to address your unique audit requirement, ensuring precise and relevant outcomes.
Regulatory Familiarity
Our team understands the expectations of Singapore regulators, grant bodies, and financial institutions.
Clear Reporting
We provide concise, well-structured audit reports that meet the needs of regulators, investors, or partners.
Practical Insights
Beyond compliance, our findings highlight risks, controls, and financial practices that support stronger business decisions.
Gross Turnover Audit (GTO Audit)
Financial Due Diligence Audit
Agreed-Upon Procedures (AUP)
Charity Audit
Non-profit organization audit
Audits provide independent assurance that financial statements are accurate and compliant with Singapore standards. They build trust with stakeholders, strengthen governance, and highlight areas for improvement, giving businesses confidence to grow responsibly.
A mandatory audit to ensure your financial statements comply with regulatory standards such as IFRS, MFRS, or local equivalents.
When is a special purpose audit required?
A special purpose audit is needed when specific financial information must be verified for grants, contracts, due diligence, or regulatory submissions.
What does a special purpose audit involve?
The scope is defined by the requirement. It may include reviewing project costs, validating financial data for investors, or confirming compliance with contractual terms.
How long does a special purpose audit take?
Timelines depend on the scope and complexity of the requirement. With clear objectives and prepared records, most engagements can be completed efficiently.
What are the benefits of a special purpose audit?
Beyond meeting requirements, these audits provide independent assurance, build confidence with stakeholders, and ensure financial information can be trusted for critical decisions.