Top Audit Firms in Singapore
  • February 18, 2025

Finding the right audit firm is crucial for businesses in Singapore. Whether you run a startup or a multinational corporation, an experienced audit firm ensures compliance with financial regulations and provides valuable insights. This guide highlights the top 10 audit firms in Singapore.

Top Audit firms in Singapore

TNPL — Audit Fee: From $1,500 onwards

TNPL is an emerging audit and accounting firm in Singapore that has quickly gained a strong reputation for its dedicated financial solutions. The firm specializes in audit, tax, and advisory services, catering to startups, SMEs, and multinational corporations. TNPL’s expertise in risk assessment and compliance makes it a preferred choice for businesses looking to streamline their financial operations.

Key Services

  • Audit & Assurance
  • Financial Risk Management
  • Corporate Tax Advisory
  • Business Process Outsourcing

EY Singapore

Ernst & Young (EY) is another Big Four firm known for its expertise in auditing, tax, and advisory services. EY Singapore has a strong presence in the region and is a trusted audit partner for many publicly traded companies on the Singapore Exchange (SGX).

Key Services

  • Assurance & Auditing
  • Tax Advisory
  • Financial Risk Management
  • Cybersecurity & Digital Solutions

RSM Singapore

RSM is the largest accounting and audit firm in Singapore outside of the Big Four. The firm is well-known for handling IPOs, corporate audits, and business advisory services, making it a go-to choice for growing enterprises.

Key Services

  • Audit & Assurance
  • Corporate Tax & GST
  • Mergers & Acquisitions
  • Business Process Outsourcing

KPMG Singapore

KPMG is a powerhouse in the auditing and consulting industry, with a global presence in over 153 countries. In Singapore, KPMG has established itself as a fast-growing and leading audit firm, providing top-tier audit, tax, and advisory services. Its reputation for excellence makes it a preferred choice for many large corporations and government entities.

Key Services

  • Audit & Assurance
  • Tax & Advisory
  • Risk Management
  • Business Consulting

BDO Singapore

BDO International has been serving clients since 1979, making it one of the most experienced audit firms in Singapore. The firm offers a wide range of financial services, including business restructuring, risk advisory, and management consulting.

Key Services

  • Corporate Finance
  • Tax & Accounting Services
  • Business Restructuring
  • Risk & Compliance Solutions

Crowe Singapore

Crowe Singapore is a member of Crowe Global, the 8th largest accounting network in the world. The firm serves a diverse clientele, including public-listed entities, multinational corporations, and financial institutions.

Key Services

  • Audit & Assurance
  • Tax Compliance
  • Financial & Business Advisory
  • Risk Management

PKF Singapore

PKF Singapore is a member of PKF International, a network of accounting firms with a presence in 125 different countries. The firm was formed through a merger between Pannell Kerr Forster LLP and Cap Partnership.

Key Services

  • Financial Audit & Assurance
  • Business Valuation
  • Corporate Secretarial Services
  • Tax Planning & Advisory

Moore Stephens Singapore

With over 30 years of operations in Singapore, Moore Stephens is a well-respected member of Moore Global Network Limited. The firm serves a diverse clientele, from large corporations to SMEs and individuals, across various industry sectors.

Key Services

  • Financial Auditing
  • Corporate Tax Services
  • Business Advisory & Consulting
  • Compliance & Risk Management

HLB Atrede

HLB Atrede is a medium-sized accounting firm in Singapore that has rapidly grown into a top 14 audit firm. It is also an Accredited Training Organisation under the Singapore Qualification Programme (SQP).

Key Services

  • Financial & Tax Auditing
  • Advisory & Risk Management
  • Business Process Optimization
  • Accounting Outsourcing

BSL Group

BSL Public Accounting Corporation is a medium-sized firm of CPAs in Singapore that provides one-stop accounting and financial services. It is a member of AGN International Ltd, a global association of independent audit and accounting firms.

Key Services

  • Financial Statement Audits
  • Corporate Finance Advisory
  • Tax Consulting & Compliance
  • Business Strategy Consulting

How We Selected the Top 10 Audit Firms in Singapore

Finding the right audit firm takes more than comparing well-known names. We selected the top 10 audit firms in Singapore based on factors that matter to businesses when choosing reliable audit support.

Experience and Track Record

We looked at each firm’s experience in Singapore and the types of clients it serves. Firms with a strong track record across SMEs, growing companies and larger businesses received greater consideration.

Range of Audit Services

Audit needs can differ from one business to another. Therefore, we considered firms that offer statutory audits, assurance, internal audits and other related services that support businesses as they grow.

Industry Experience

Industry knowledge can make the audit process smoother and more focused. We considered firms with experience in sectors such as technology, financial services, construction, retail, manufacturing and professional services.

Local Market Knowledge

Singapore businesses must follow local financial reporting and regulatory requirements. As a result, we considered firms with a clear understanding of the local business environment and relevant reporting standards.

International Reach

Companies with overseas operations may need support across several markets. We considered whether firms have international networks or access to professionals who can support cross-border audit and reporting needs.

Reputation and Professional Standing

Trust is an important part of any audit relationship. We looked at each firm’s market presence, professional standing and reputation when preparing this list of audit firms in Singapore.

Business Size and Fit

Finally, we considered which types of businesses each firm is best suited to serve. This helped create a balanced selection covering Big Four, mid-tier and local firms rather than focusing on size or brand recognition alone.

Big 4 vs Mid-Tier Audit Firms

The Big Four — Deloitte, EY, KPMG and PwC — are known for their global reach and large specialist teams. Mid-tier audit firms, such as BDO, RSM and Baker Tilly, also serve listed companies and growing businesses in Singapore.

Factor Big Four Audit Firms Mid-Tier Audit Firms
Typical clients Large companies, listed firms and multinational groups SMEs, growing companies and regional businesses
Global reach Extensive international networks Strong regional and international networks
Service range Wide range of audit and specialist services Broad services, but the range varies by firm
Specialist resources Large teams across many industries and technical areas Strong expertise, with smaller specialist teams
Partner access Depends on the size and scope of the engagement Often more direct for SME and mid-market clients
Audit fees Often suited to larger and more complex engagements Can offer greater flexibility for growing businesses
Complex audits Well suited to large groups and cross-border operations Well suited to many SME and mid-market audits
Best fit Businesses with complex or global reporting needs Businesses seeking expertise with a more flexible service model

Which Audit Firm Is Best for Your Business?

The right audit firm depends on your business size, industry and reporting needs. Large companies with international operations may prefer global firms, while SMEs may benefit from local or mid-tier audit firms.

When comparing the top 10 audit firms in Singapore, consider:

  • Business size: Choose a firm with the right resources for your company.
  • Industry experience: Look for relevant sector knowledge and expertise.
  • International reach: Global networks can support overseas operations and group audits.
  • Services required: Consider audit, assurance, tax and other business services.
  • Communication: Choose an accessible and responsive audit team.
  • Budget: Compare fees based on the same scope of work.

Shortlist firms that match your needs, then compare their experience, proposed team, services and fees before making your decision.

Industries Served by Singapore Audit Firms

Singapore audit firms work with businesses across a wide range of industries, from financial services to manufacturing. Since each sector has different risks and reporting needs, relevant industry experience can make the audit process smoother.

Financial Services and Fintech

Banks, investment firms, payment providers and fintech companies face strict reporting and regulatory requirements. Audit firms serving this sector often focus on financial controls, risk management and accurate reporting.

Technology and Startups

Technology companies and startups can face issues linked to rapid growth, funding and overseas expansion. Auditors may review areas such as revenue, software costs, investments and financial controls.

Construction and Real Estate

Construction and property companies often manage long-term projects, contracts and high costs. Therefore, auditors need to understand project accounting, revenue recognition, asset values and related financial records.

Retail and Hospitality

Retailers, restaurants and hospitality businesses often process large numbers of daily transactions. Their audits may cover sales records, stock, cash handling and controls across different stores or locations.

Manufacturing and Engineering

Manufacturing businesses deal with stock, equipment, production costs and supply chains. Audit firms with sector experience can review these areas while checking whether financial records give a clear view of business performance.

Logistics and Transport

Logistics and transport companies may operate across several locations and markets. Auditors often review operating costs, assets, revenue records and controls linked to cross-border transactions.

Healthcare and Professional Services

Healthcare and professional services companies require special auditing expertise. Auditors experienced in the field can gain more knowledge about how the business earns money, operates, and keeps the accounting records.

Charities and Non-Profit Organisations

Charitable and non-profit organisations require good financial reports for transparency. The audit firm working in the non-profit field will analyse contributions, expenses, grants, etc.

How to Choose the Right Audit Firm

Choosing the right audit firm helps simplify the audit process and meet reporting requirements. Consider experience, qualifications, services and communication, not just price.

Check Qualifications and Professional Standing

Ensure the auditor has the required qualifications and professional standing in Singapore. Check relevant registration details through ACRA where necessary.

Look for Industry Experience

Choose a firm familiar with your industry, business model and common risks. Relevant experience can make the audit process more efficient.

Review the Range of Services

Check whether the firm provides statutory audits, internal audits, assurance, tax or advisory services that may support your future needs.

Ask Who Will Handle Your Audit

Find out who will manage the engagement, their experience and how involved the audit partner will be.

Compare Fees and Scope

Compare quotes based on both price and scope. Company size, complexity and audit requirements can affect the final fee.

Check Communication and Timelines

Choose a firm that communicates clearly about document requirements, deadlines and expected audit timelines.

Consider International Reach

For businesses with overseas operations, a firm with international capabilities can help coordinate audits and reporting across markets.

Need Reliable Audit Support in Singapore?

Choose an experienced audit team that understands your business, industry and reporting requirements. TNPL provides professional audit services with clear communication, practical guidance and transparent fees.

Frequently Asked Questions

The top 10 audit firms in Singapore include TNPL, HLB Altrede, BSL Group, EY, KPMG, RSM Singapore, BDO Singapore, Moore Stephens Singapore, PKF Singapore and Crowe Singapore. The right choice depends on your audit needs, business size, industry and budget.

You can check ACRA’s records for registered public accounting entities in Singapore. Firms providing public accountancy services must meet relevant registration requirements. ACRA’s official resources are useful for checking firms alongside a commercial list of audit firms in Singapore.

Choose the best audit firm based on industry experience, qualifications, services, fees and communication. Check whether the team has worked with businesses similar to yours. For companies with overseas operations, international reach may also be an important factor.

The top audit firms in Singapore generally provide statutory audits, assurance and other audit-related services. Many also offer tax, accounting, risk and advisory services through separate teams. Services vary, so confirm what each firm provides before making your choice.

The Big Four — Deloitte, PwC, EY and KPMG — have large global networks and specialist teams. Other firms may provide similar core audit services with a greater focus on SMEs and mid-sized businesses. Your choice should depend on complexity, service needs and budget.

TNPL’s audit services in Singapore start from S$1,500. The final cost depends on factors such as company size, transaction volume, financial complexity and the scope of the audit. Businesses with more complex requirements may need a customised quotation.

Singapore companies that do not qualify for an audit exemption generally require an audit of their financial statements. Under ACRA’s small-company rules, eligibility depends on meeting the required criteria for revenue, assets and employee numbers. Group companies must also consider group-level conditions.