Non-profit Organisation Audit Services
Reliable audit for Non-profit Organisation in Singapore
Audit of nonprofit entities or nonprofit organisation is needed to ensure that the entities such as charities, clubs, social enterprises, cooperatives, societies and business chambers practise good governance.
A Human Touch point, where you would always have a human point of contact to liaise with you regarding your audit matters.
Public and Chartered Accountants who are qualified to provide audit reports according to Singapore Standards
In-depth Sector Knowledge with many years of auditing Non-Profit sector entities including institutions of public character
S H TANG & ASSOCIATES
Non-profit Audits
Nonprofit entities in Singapore, including charities, clubs, social enterprises, cooperatives, societies, and business chambers, are required to maintain good governance, financial transparency, and regulatory compliance. Proper accounting practices and external audits help prevent mismanagement, ensure accountability, and build trust with donors and stakeholders. Financial records such as bank statements, contracts, and supporting documents must comply with Singapore Financial Reporting Standards (SFRS) and the regulatory requirements for Charities and IPCs.
For organizations seeking to register as a Charity or obtain Institution of Public Character (IPC) status, an audit is mandatory to demonstrate financial integrity, governance, and compliance with the Charities Act and IPC regulations. Entities applying for IPC status must undergo an audit as part of their application process to meet the stringent financial reporting and governance requirements set by Singapore’s authorities.
Navigating the audit process can be challenging, from preparing the necessary documentation to meeting compliance deadlines. At S H Tang & Associates, we specialize in auditing nonprofit organizations, ensuring they meet financial reporting and governance obligations while streamlining the audit process for efficiency.
A well-executed audit provides assurance that financial statements comply with SFRS and relevant regulatory frameworks, helping nonprofits uphold governance standards, enhance donor confidence, and mitigate financial risks. Our expert team ensures that your organization is fully compliant, allowing you to focus on your mission with peace of mind.
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