Michelle Lai wrote:Dear all,
Understand that for Pte ltd which it's turnover more than 5 million it's exempt private certificate need to be sign by auditor , is this correct ?
If the auditor refuse to sign will he against any law ?
I knew we no need to attach the certificate with ACRA, is that necessary to get auditor' signature ?
Thanks
Hi Michelle,
Just adding to George's comments above.
In my experience, it is important to choose an auditor carefully. I suggest looking beyond just their fees and instead compare how they will work with your team.
Find out what kind of planning they will offer at the beginning of the financial year, to pick up problems in the accounts before they arise.
I've seen cases where auditors refuse to sign the accounts, but also refuse to collaborate early on and educate the client and other stakeholders.