Financial statements audit

The financial statements audit has never been more important. In today's business environment, there is more scrutiny and skepticism of a company's financial statements than ever before. Investors have lost faith in corporate governance and reporting. They now expect greater reliability, more oversight and clear evidence of internal controls. Corporate management, boards and audit committees, internal and external auditors, analysts and other investment professionals all have important roles to play in building investors' trust by executing their respective responsibilities, keeping in mind both legal obligations and the heightened expectations of investors. Meeting investor expectations begins with the completeness and accuracy of information contained in a company’s financial statements.

If this is your situation

  • You are a regulated entity and must file audited financial statements.
  • You are a multi-national company and need a consistent, global audit methodology for your financial statements.
  • You are in the process of exploring the feasibility of changing audit firms.
  • You want your current audit firm to concentrate on providing non-audit services to your firm and you need to engage a new auditor.
  • You are concerned that your current auditor does not sufficiently understand your company and industry to perform an effective audit.

How PwC can help you

If your organisation requires an audit associated with the filing of your annual and periodic financial information (for statutory or regulatory reasons), PwC can help you. We can also address specific regulatory reporting requirements such as those issued by SGX, MAS and other government and related agencies, as well as the US Sarbanes-Oxley S404, and other requirements impacting foreign private issuers.

PwC's work takes into account all current and where appropriate, prospective auditing, accounting, and reporting regulations and guidance. Our audit clients include many of the world’s leading multinational corporations, locally listed companies, many small and medium-sized companies and a number of local authorities and other public sector bodies.

Other areas where PwC can assist you with include:-

  • Compliance with regulations
  • Independent review of externally reported information
  • Accountants' reports

 

For further information about our services or if you would like one of our professionals to contact you, please contact us.