Audit Services by FOZL Assurance PAC

FOZL Assurance PAC Will provide your business with:

External audit, internal audit, and non-statutory audit (special audit) services such as:

External audit services:

• Statutory and international standard audits
• Review of the accounting system and internal controls
• Financial due diligence

Internal audit services:

• Assist companies in developing and implementing a “risk-based audit model”
• Assistance with risk assessment, evaluation and testing
• Recommendations for the establishment of a sound system of internal controls
• Provide additional professional resources to the company’s internal audit department
• Liaison with external auditors on annual statutory audits/audit procedures

In addition to statutory audits, we can also arrange special audits based on individual client needs, such as:

• Auditing of sole proprietorships and partnerships, enhancing the reliability of accounts
• Review of the company’s internal operations, control systems, inventory systems, etc.
• Review of services in the event of a merger, acquisition or IPO
• Targeted reports, e.g., company valuation and business efficiency assessment
• Investigating corporate fraud, etc.

What are the statutory audit requirements in Singapore?

According to the Singapore Companies Act, all companies incorporated in Singapore are required to appoint an auditor or an audit firm practising in Singapore to provide audit services to them within three months of incorporation.

An audit is essential for building the credibility and reputation of a company and for making important business decisions. During an audit, an experienced accountant can understand the characteristics of a client’s industry, its mode of operation, management structure, potential problems and risk management, identify potential management and operational issues and provide professional solutions to the client.

Ms Felinka Zhou MBA

Director and Partner of FOZL Assurance PAC

Director of Singapore FOZL Group

Felinka has many years of experience in serving Chinese enterprises and has assisted many large Chinese listed companies, state-owned enterprises and private enterprises in setting up operations in Singapore and providing clients with feasible solutions for international development and localization.

Professional Qualification

Licensed Statutory Secretary, Accounting and Corporate Regulatory Authority of Singapore (ACRA).

Education Background

• University of Wales MBA, University of Wales Degree, UK

Social Responsibilities

• Executive Committee Member of Economy and Technology Association (Singapore).
• Love Ambassador, Volunteer Chinese Network Editor of Sian Chay Medical Society of Singapore
• Author of a series of poems entitled “I came from ancient times,” which is collected by the National Library of Singapore
• First phase member of the ASEAN Chinese Business CEO Seminar at Shanghai Jiaotong University, China

For audit-related services please contact us.

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