SPECIAL AUDIT SERVICES

Certification on Annual Gross Turnover (“GTO”)

This requires an audit report in connection with the tenancy agreement between the landlord and the tenant(s). The landlord generally requires the tenants to submit an Annual GTO report for a certain period.

Certification on qualifying costs

This requires an audit report on the investment costs invested by a Company under an approved project or scheme. These approved projects or schemes generally based on a set of terms and conditions included in the Letter of Offer. This certification will require a full audit on the investment costs and an independent auditors’ report.

Agree upon Procedures (“AUP”)

This requires an audit report on factual findings based on a series of agreed upon audit procedures. The engagement is carried out in accordance with Singapore Standards on Related Services (SSRS) 4400. The audit report usually covers details of the audit findings including coverage of testing, audit samples sizes and exceptions noted.