Introduction
Koh & Lim Audit PAC is a Singapore-based public accounting corporation committed to delivering high-quality, independent, and reliable audit services. With a team of seasoned professionals, the firm provides statutory audit, financial audit, and assurance services tailored to businesses of all sizes—from SMEs to larger corporations. Our focus is on accuracy, compliance, and insights that go beyond numbers, helping clients strengthen internal controls and enhance financial transparency.
As a Singapore-registered audit firm, Koh & Lim Audit PAC operates in full compliance with the Accounting and Corporate Regulatory Authority (ACRA) and the Singapore Standards on Auditing (SSA). Our clients can trust us to provide clarity in their financial reporting while meeting regulatory obligations.
Our Vision and Mission
Vision: To be one of Singapore’s most trusted audit firms, delivering assurance and confidence to businesses through transparent, professional, and insightful audit services.
Mission: We aim to provide reliable audits that not only meet statutory requirements but also empower business leaders with a deeper understanding of their financial health. Through expertise, professionalism, and personalized attention, we strive to be a long-term partner in our clients’ business journey.
Why Choose Koh & Lim Audit PAC?
- Experienced Professionals – Our audit partners and staff bring decades of combined expertise in statutory and corporate audits.
- Tailored Audit Solutions – We adapt our audit approach to the unique needs of each client, ensuring relevance and efficiency.
- Regulatory Compliance – Full adherence to Singapore’s regulatory frameworks including ACRA and IRAS requirements.
- Independent & Objective – Our independence ensures credibility and trustworthiness in reporting.
- Value-Added Insights – Beyond compliance, we highlight operational risks, inefficiencies, and improvement opportunities.
- Client-Centric Service – Direct partner involvement ensures personalized, reliable, and responsive service.
Our Audit & Assurance Services
At Koh & Lim Audit PAC, we offer a full suite of audit services designed to meet statutory requirements and business needs:
1. Statutory Audit
All Singapore incorporated companies (unless exempted as “small companies”) are required to undergo statutory audits. We provide thorough statutory audit services that ensure your company remains compliant with the Companies Act and ACRA regulations.
2. Financial Audit
Our financial audits provide assurance on the accuracy and fairness of your company’s financial statements. We identify inconsistencies, highlight potential risks, and ensure transparency for stakeholders, lenders, and investors.
3. Internal Audit
Strengthen governance and internal controls with our internal audit services. We evaluate processes, detect potential fraud risks, and recommend improvements for better efficiency and accountability.
4. Special Purpose Audit
We conduct audits for specific requirements such as grant audits, compliance audits, and agreed-upon procedures. These audits provide assurance for stakeholders with unique reporting needs.
5. Gross Turnover Audit (GTO Audit)
Shopping mall tenants are often required to undergo GTO audits as part of their lease agreements. We specialize in providing timely and accurate GTO audit reports for retail businesses across Singapore.
6. NGO, IPC & Society Audits
Non-profit organizations, Institutions of a Public Character (IPCs), and societies in Singapore are subject to strict audit requirements. Our team ensures compliance while maintaining accountability to donors, members, and regulators.
7. MCST Audit
Management Corporations Strata Title (MCSTs) require annual audits of their accounts. Our audit services ensure transparency for managing agents, council members, and subsidiary proprietors.
Industries We Serve
Koh & Lim Audit PAC has extensive experience across various industries in Singapore:
- Construction & Engineering – ensuring compliance with contract revenue recognition and project-based accounting.
- Retail & F&B – including GTO audits and internal controls for multi-outlet operations.
- Manufacturing & Logistics – auditing complex supply chain and costing structures.
- Professional Services – law firms, accounting firms, and consulting practices.
- Healthcare & Aesthetics – clinics and medical practices requiring compliance with healthcare regulations.
- Education & Non-Profits – schools, charities, societies, and IPCs.
- Technology & Startups – fast-growing companies needing clarity for fundraising and investor relations.
Our Audit Approach
At Koh & Lim Audit PAC, we adopt a structured and efficient audit methodology:
- Planning & Risk Assessment – Understanding your business, identifying risks, and tailoring the audit plan.
- Fieldwork & Testing – Conducting detailed analysis, testing controls, and verifying balances.
- Evaluation & Reporting – Preparing financial statements, audit findings, and recommendations.
- Communication & Review – Partner involvement in reviewing reports and discussing outcomes with management.
This approach ensures accuracy, independence, and practical insights that add value to our clients.
Value-Added Benefits of Working With Us
- Credibility for Stakeholders: Independent assurance builds confidence with shareholders, banks, and investors.
- Regulatory Peace of Mind: Full compliance with Singapore’s Companies Act and regulatory standards.
- Fraud Detection & Prevention: Stronger internal controls help reduce risks of fraud and mismanagement.
- Operational Efficiency: Insights from audits often help streamline processes and reduce costs.
- Long-Term Business Growth: Transparent financial reporting builds trust and supports business expansion.
The Koh & Lim Audit PAC Difference
Unlike larger firms that may lack personalized attention or smaller firms that may lack capacity, Koh & Lim Audit PAC provides the best of both worlds—professionalism, partner involvement, and customized solutions. Our emphasis on long-term relationships means we walk alongside clients as their businesses grow and evolve.
Client Commitment
At Koh & Lim Audit PAC, we believe in:
- Integrity: Acting with honesty and fairness at all times.
- Excellence: Delivering audits with precision and professionalism.
- Responsiveness: Being available and approachable when clients need us.
- Trust: Building long-term partnerships based on transparency and reliability.
Contact Us
Koh & Lim Audit PAC
Address: 7500a Beach Rd, #09-324 The Plaza, Singapore 199591
Phone: +65 98638665
Email: Tommyksh@kohlimaudit.sg
Website: https://kohlimaudit.sg/
Whether you are an SME, non-profit, or multinational business, our team is ready to support your statutory and assurance needs with professionalism and care.
Conclusion
Koh & Lim Audit PAC is more than just an audit firm—we are your trusted partner in financial transparency, governance, and growth. With deep expertise in statutory audits, industry-specific audits, and compliance requirements, we ensure that your business remains compliant while gaining valuable insights for improvement.
In a complex and evolving business environment, having a reliable auditor is essential. By choosing Koh & Lim Audit PAC, you gain not only compliance assurance but also a professional partner who cares about your business journey.