What Makes Koh & Lim PAC a Choice Singapore Audit Services Firm

In the competitive and highly regulated business environment of Singapore, finding a reliable and competent audit firm is crucial for maintaining compliance, building trust with stakeholders, and unlocking financial insights that drive sustainable growth. Among the many audit service providers in Singapore, Koh & Lim PAC stands out as a top choice for SMEs, corporations, and non-profit entities alike. This article explores the unique value proposition of Koh & Lim PAC and why it is regarded as a leading audit firm in Singapore.

1. Local Expertise with Global Standards

Koh & Lim PAC is deeply rooted in Singapore’s financial and regulatory landscape. The firm’s knowledge of Singapore Financial Reporting Standards (SFRS) and the Companies Act enables them to deliver high-quality statutory audits that fully comply with the requirements set by the Accounting and Corporate Regulatory Authority (ACRA).

Despite its local foundation, Koh & Lim PAC aligns its audit methodologies with international standards such as the International Standards on Auditing (ISA), ensuring that clients not only meet local compliance but also maintain credibility with foreign stakeholders, investors, and partners.

2. Client-Centric and Relationship-Focused

One of the key differentiators of Koh & Lim PAC is its client-centric approach. The firm treats every client—regardless of size or sector—with a personalized touch. Rather than providing templated solutions, Koh & Lim PAC customizes their audit plans to align with each client’s unique operations, risks, and industry-specific requirements.

Clients frequently commend the firm for being approachable, transparent, and highly responsive. By developing long-term relationships, Koh & Lim PAC becomes more than just an auditor—it becomes a trusted business advisor.

3. SME-Friendly Pricing with No Compromise on Quality

While large audit firms may be beyond the budget of many SMEs and startups, Koh & Lim PAC has tailored its pricing model to be affordable for small to medium-sized enterprises without sacrificing quality. Their services strike the right balance between cost and value, making audit compliance attainable even for young and growing companies.

In an era where cost-efficiency is critical, especially in challenging economic climates, Koh & Lim PAC offers a practical solution for businesses seeking credible audit opinions without the overheads associated with the Big Four.

4. Full-Suite Audit Services

Koh & Lim PAC offers a comprehensive range of audit and assurance services, including:

• Statutory Audit – Ensuring compliance with Singapore’s Companies Act and delivering credible financial statements.

• Gross Turnover Audit (GTO Audit) – Especially valuable for retail and mall-based businesses that need GTO certifications for lease agreements.

• Non-Profit & IPC Audits – Supporting societies, charities, and institutions of public character with compliance to Commissioner of Charities (COC) and ACRA standards.

• MCST Audits – Assisting management corporations in meeting their accounting and reporting obligations under the Building Maintenance and Strata Management Act (BMSMA).

• Group Audits – Providing consolidated audit services for businesses with subsidiary structures.

• Special Purpose Audits – Conducting targeted audits for grants, licensing, or merger and acquisition requirements.

This diversity of services makes the firm a one-stop shop for many organizations’ audit needs.

5. Industry-Specific Knowledge

What truly enhances the audit quality of Koh & Lim PAC is its depth of understanding across various industries. Whether it’s construction, F&B, logistics, healthcare, manufacturing, education, or technology, the firm’s team of auditors bring insights into specific industry regulations, revenue recognition models, risk areas, and internal control mechanisms.

For example, in the construction industry, Koh & Lim PAC is adept at handling project-based revenue accounting and cost matching—areas often prone to audit scrutiny. Similarly, for retail businesses, the firm’s GTO audit expertise supports compliance with mall landlord agreements and revenue benchmarks.

6. Dedicated, Qualified Professionals

At the heart of Koh & Lim PAC is a team of qualified Chartered Accountants and audit professionals who are not only technically proficient but also deeply committed to ethical standards and professional integrity. The leadership, spearheaded by experienced partners, brings decades of audit and advisory experience to the table.

The firm ensures continuous professional development among its staff to stay updated with regulatory changes, financial reporting revisions, and emerging risks such as cybersecurity and sustainability reporting.

7. Responsive & Timely Communication

Audit timelines can be tight, especially with regulatory filing deadlines such as the submission of annual returns to ACRA or corporate tax returns to IRAS. Koh & Lim PAC prides itself on being timely and responsive—two critical traits for any audit partner.

From audit planning to final reporting, clients are kept informed every step of the way. The firm’s ability to collaborate efficiently with internal finance teams results in smoother audit processes and fewer surprises.

8. Technology-Enabled Audit Practices

Koh & Lim PAC embraces technology to enhance audit quality and efficiency. By utilizing audit management software, digital workpapers, and data analytics tools, the firm delivers more accurate and streamlined audits.

This tech-forward approach allows for greater focus on risk-based areas, helping to identify anomalies, potential fraud, or inefficiencies that might otherwise be missed in traditional audit methods.

9. Commitment to Compliance and Integrity

Audit firms are gatekeepers of financial trust. Koh & Lim PAC takes this role seriously by maintaining strict independence, objectivity, and ethical practices. The firm undergoes its own internal quality control procedures and complies with ACRA’s Practice Monitoring Program (PMP) to uphold audit quality.

Clients can rest assured that the opinions expressed in their audit reports are backed by integrity, ensuring confidence for banks, investors, regulators, and stakeholders.

10. Strong Local Presence and Accessibility

Located at a central and accessible address in Singapore—7500a Beach Road, The Plaza, #09-324, Singapore 199591—Koh & Lim PAC is well-positioned to serve clients across the island. The firm’s approachable team can be contacted via:

📞 Phone: +65 98638665📧 Email: Tommyksh@kohlimaudit.sg🌐 Website: https://kohlimaudit.sg

This ease of access strengthens client relationships and ensures that help is always close at hand.

Conclusion

Whether you’re a small business navigating your first statutory audit, a non-profit organisation in need of grant reporting compliance, or a large corporate group requiring a consolidated audit, Koh & Lim PAC delivers trusted, affordable, and high-quality audit services tailored to your needs.

With a combination of technical expertise, industry knowledge, responsive communication, and client-first philosophy, Koh & Lim PAC has earned its reputation as a choice audit firm in Singapore.

For companies that value professionalism, transparency, and peace of mind, partnering with Koh & Lim PAC is not just a smart decision—it’s an essential step towards long-term financial health and compliance.