Comprehensive Audit & Assurance Services in Singapore
Our role as your independent Registered Public Accountant (PA) is to deliver robust assurance that strengthens stakeholder confidence, mitigates risk, and improves business performance. We specialise in two core areas: Statutory (External) Audit and Internal Audit services.
External Audit: Fulfilling Statutory Compliance
We provide meticulous and timely statutory audit services to ensure your financial statements present a true and fair view under Singapore Financial Reporting Standards (SFRS) and that your business fully complies with all legal obligations set by ACRA. Our audit provides independent verification essential for bank financing, investor confidence, and Mergers & Acquisitions (M&A) due diligence.
We also help small companies accurately determine if they qualify for an audit exemption – generally meeting at least two of the following criteria for the immediate past two consecutive financial years:
Total annual revenue of S$10 million or less
Total gross assets of S$10 million or less
Number of employees of 50 or less
Internal Audit & Value-Added Assurance
Beyond compliance, our Internal Audit / Internal Control Review offers an independent assessment of your operational controls, risk management, and governance. This process actively safeguards against financial fraud, error, and drives operational efficiency.
We also conduct a range of Non-Statutory & Value-Added Engagements, including Agreed-Upon Procedures (AUP) for grant claims and Financial Due Diligence for transactions. As corporate responsibility grows, we offer assurance for sustainability reporting to verify the reliability of your Environmental, Social, and Governance (ESG) metrics.
Integrated Support & Next Steps
Discrepancies identified during an audit or review often require specialized financial corrections. Our team can connect you with experts for comprehensive tax and accounting planning to ensure all compliance and optimization opportunities are addressed.
Get in touch with us for a non-obligatory chat about your needs
As a foreign firm we needed a safe and competent advisor to look after our affairs in Singapore. We found this in Lisa Liew and her team at PHILIP LIEW & CO. They have looked after us for many years in Singapore and will continue to do so.
Mr Guy Ioppolo
FCPA
Managing Partner
Ioppolo & Associates, Australia
I believe one of the best decisions I have ever made in my business was to engage your company’s quality, value for money services. I truly treasure you and team’s professional, responsive, responsible and yet very friendly easy-approachable support throughout. I would expect our business relationship would go a long, long way forward. Wish us all the success!
Mr Willie Wong
Co-founder
Frontken Corporation Berhad, Malaysia
Thank you so much for the wonderful job done by the auditor. We really appreciate that. They have been patient with us with explanati ons on some of the requirement (especially on the trademarks which took about half a year to claim) and the guideline that we need to follow. The auditor shows his professionalism, efficiency and accuracy in his work.
Chantel Ng
General Manager
Golden Cycle Marketing Pte Ltd
The whole audit process was very efficiently and professionally carried out by your team. From the start, your Firm gave us immediate response to our request that your Firm undertake the audit assignment. Subsequently during these 2 months you have assisted us in our numerous queries. Your auditor, Ms Philo, was quick to find out errors, mainly in some documentation translation which were properly rectified. The Statement of Claim and audit report were completed promptly within 2 weeks after we submitted the required documents. We are also grateful for your guidance to submit our claim to Enterprise Singapore subsequent to the audit.
Dan Cheng
General Manager / Director
Global B2B Pte Ltd
The fee quote was provided promptly and was reasonable to the market rate.
The staff that was handling our audit was knowledgeable about the Grant submissioan and audit requirements. They were able to advice clearly the steps required. Guidance was provided when we asked ques ons and our firm was able to complete the grant submission promptly and smoothly.
I would highly recommend Philip Liew & Co for their professional work. If I have future grants I would hope to enlist them again.
Janice Tan
Director
Tantex Pte Ltd
After the successful M&A of my previous company, I have continued to use the bookkeeping services offered by Philip Liew & Co for my new venture. I am extremely satisfied with their prompt actions especially on the part to convene crucial meetings on short notice. Jeanne and her experience team have displayed strong expertise in all accounting matters. They are a valuable partner and my confidence with them is a testament of their abilities. Cheers!
Mr Kingsley Peh
Director
NBT Asia Pte Ltd
Our company has been working with Philip Liew & Co since 2015. We engage them for accounting services, secretarial services and tax services. When we expanded our market to overseas, we were supported by grants from IE Singapore. Philip Liew & Co audited our grant claim submissions for Enterprise Singapore Grant – Global Company Partnership, and Marketing Readiness Assistant (MRA) Grant.
Throughout our relationship with Philip Liew & Co, we are impressed with their professionalism, responsiveness and quality of work. Specifically, their staff are knowledgeable in the regulatory compliance matters, and their attention to details is world class.
I strongly recommend Philip & Co for your compliance and advisory needs.
Martin Lin
Managing Director
Ingenique Solutions Pte Ltd
Philip Liew & Co has performed the audit work for below Grant submission for Enterprise Singapore Grant- Global Company Partnership, and Market Readiness Assistance (MRA) Grant
The firm has performed a good job. All the works and documents are well organised and reliable. Mirxes Pte Ltd was satisfied with the audit work that performed by the firm.
