According to the Singapore Companies Act, all companies incorporated in Singapore are required to appoint an auditor or an audit firm practicing in Singapore to provide audit services within three months after their incorporation.

Auditing is essential to establishing an enterprise’s reputation and its ability to make significant business decisions. In the audit process, experienced accountants familiarize themselves with the unique characteristics of the customer's industry, how the enterprise operates, its management structure, potential problems and risk management. From these, they can root out potential management and business problems and provide professional solutions for customers.