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.
23rd Jul kohlimaudit Internal controls and fraud avoidance are essential factors of a nicely-performing Business. Successful interior controls assistance make sure the accuracy and trustworthiness of monetary reporting, compliance with regulations and restrictions, as well as the safeguarding of property.

This data-driven tactic gives purchasers with worthwhile insights that could advise strategic determination-building and hazard administration.

Even though the many benefits of ISA compliance are important, In addition there are challenges connected to utilizing these specifications:

Adoption of Innovative Technologies: Regulatory modifications usually generate the adoption of State-of-the-art systems in auditing. Such as, the enhanced target knowledge analytics and automated audit techniques can Increase the effectiveness and performance of audits.

ISO 27001 is built to assist organizations build a strong information safety management system (ISMS) to safeguard sensitive info. This audit evaluates a company’s capability to defend details from unauthorized obtain, breaches, and cyber threats.

For corporations in distinct sectors, Gross Turnover (GTO) and sales turnover audits are vital. These specialized audits help verify the precision of documented sales figures, which is particularly critical for companies running in extremely regulated industries or These with elaborate revenue structures.

This incorporates being ready for more Repeated and comprehensive audits as regulators use electronic applications to perform remote and authentic-time assessments.

ISO 45001 is really an internationally identified conventional intended to improve workplace security by creating a sturdy occupational overall health and safety administration method (OHSMS). The audit process assesses a Koh Lim Audit Firm Singapore firm’s capability to regulate wellness and basic safety dangers, cut down workplace incidents, and comply with appropriate protection rules.

eight.one Genuine-Environment Illustrations Review genuine-environment examples of fraud situations to know how they happened and what controls might have prevented them. Use Koh & Lim Audit Singapore these scenarios to educate staff members and improve controls.

Staff Training: Educate your house management staff with regard to the audit approach and their roles in it. Make certain they realize the importance of precise financial reporting and are prepared to support auditors.

Accomplishing ISO certification demonstrates that an organization adheres to these criteria, guaranteeing regular techniques and procedures.

Right Issues: If your audit identifies any issues or discrepancies, just take corrective action to address them. This might Koh & Lim Audit Singapore include changing monetary records, strengthening inside controls, or enhancing management procedures.

People today could be picked for an audit resulting from discrepancies of their tax returns, random range, or significant changes in revenue or deductions.

The firm’s results is built around the power of its consumer associations. A lot of Koh & Lim’s consumers have been with them for years, a testomony into the trust and benefit they offer.