With increased complexities in financial reporting standards and continuously changing business environment, it is necessary for the executive management and governing bodies to understand the prevailing financial systems in order to ensure their efficiency and profitability. Auditing helps management to properly assessing the prevailing financial systems, the organization's efficiency, and areas that require appropriate improvement strategies. Auditing offers the necessary professional and independent suggestions that prove crucial for the credibility of the organization. It also ensures careful analysis of potential risks and promotes the development of well-planned systems to mitigate those risks.It works as an important tool to uncover fraudulent activities and maintain transparency, thereby reducing the organization’s cost of capital.
We at T T Assurance PAC have a highly qualified team of auditors, who with their broad knowledge and expertise offer a wide gamut of services that not only assist our clients in developing internal controls and implementing solutions specific to their organization, but in also identifying those areas that require improvement strategies and evaluation of new technology. We guide our clients towards building the reputation of their organization through professional value added services.
An annual audit event is more than a control procedure or a statutory obligation. It is also an opportunity to provide you with updated insight into your business and insight that could identify potential threats or opportunities that can factor into your plans. We make thoughtful recommendations allowing you to better manage your business.
Audit quality is of fundamental importance for maintaining trust in the financial reporting process and the integrity of financial information. The experience of audit teams, covering many industries and service sectors, enables them to focus on key areas of risk, adequacy of internal controls and potential areas of fraud.
All our audits begin with a full assessment and understanding of the client's business and operations. This allows us to provide constructive suggestions for improving business strategies, management information and controls. Our examinations are based on statutory requirements and local auditing practices and our procedures comply with the Singapore Standards on Auditing (SSAs).
Years of experience and extensive technical knowledge in the financial and accounting industry enable us to communicate with clients regarding business issues and help identify organizational areas susceptible to risks, based upon which we design solutions that mitigate those risks. We help our clients monitor their organizational code of conduct, have regular reviews to assess the quality, economy and efficiency of the operational performance and implement strategies for improvement. Our services are structured to adapt to the nature and size of the organization and guarantee you of a fair and true view of the entity on the financial statements.
Internal Auditing is an independent, objective assurance and consulting activity, designed to add value and improve an organization’s operations. It helps an organization accomplish its strategic, operational, financial, and compliance objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
Internal auditing is a catalyst for improving an organization’s effectiveness and efficiency by providing insight and recommendations based on analyses and assessments of data and business processes.
We believe in establishing a solid business relationship with our clients based on transparency and continuous communication so as to enhance the quality of the internal audit functions that we perform. We encourage our clients to participate in every step of the audit program, to arrive at comprehensive solutions that are an advantage to every firm that we work with.
Tax laws are constantly changing and, as businesses become more international than ever, dealing with the increasing complexity of tax laws and their financial impact is a major challenge. We offer a comprehensive range of tax services tailored to your specific industry. Our highly experienced professional kept abreast of the latest developments in tax matters and are committed to assist local enterprises in fulfilling their tax compliance obligations while mitigating risk through tax planning and optimizing tax savings from tax deductions, reliefs, grants and tax exemption schemes under the Singapore Income Tax Act.
Business cannot expect to survive in today's world economy without a clear sense of purpose and a strategy to reach goals. T T Assurance PAC supports clients as they plan and adapt in order to meet the challenges of going global.
Timely strategic financial advice is crucial for all transactions that take place in today's rapidly evolving competitive landscape. We understand this and assist in identifying opportunities for, or risks to, our clients' interests, which accompany most financial advisory engagements.
Every corporate finance deal brings a specific set of challenges requiring specialist knowledge and experience. We provide businesses with corporate finance advice and support across a range of issues, drawing on the resources, expertise and experience.
Our integrated approach which involves combining our skills to develop well-rounded solutions based on a full understanding of our clients' ambitions, business and environment extends a clear commercial advantage. Our edge lies in our ability to formulate multi-disciplinary teams and deploy the same at short notice, to deliver results.
We are committed to providing professional corporate secretarial services to ensure effective compliance through an associate company. Clients are assured that our core values of integrity and passion driving professionalism extend throughout our network.
The outsourcing needs for a company may arise because of constraints faced in investing exclusively for location, technology or trained human resources. To cut costs and effectively utilize the available resources for steady business expansion, companies prefer the outsourcing route to maximize their bottom-line.
At T T Assurance PAC, we enable clients to outsource their non-core functions, thereby enabling them to focus their resources on their core processes. Efficient and timely delivery ensures a seamless integration with the client's workflow.
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