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U Ventures Pte Ltd | Auditing
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Our associate, CASA Alliances, is a trusted and reliable firm with recognized CPA practitioners. They provide auditing services for businesses.


Under Singapore Business Law, a compilation of financial statements is required by all audit-exempt businessess. A company is exempted from audit under the following conditions:

Private-Exempt Company (no more than 20 shareholders, no corporate shareholder)

<$5,000,000 annual turnover

A compiled financial report consists of the following:

explanatory notes

directors’ reports


With this information in hand, you can proceed with tax filing purposes. A complied financial report wil rely on the proper preparation of accounts to accurately reflect the company’s position.


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