A set of audited financial statements is not just a set of numbers. 

An audit of financial statements is an endorsement of financial information from an independent accountant for accuracy, reliability and compliance with relevant regulatory requirements. 

 

At LT-Wisepool, our team serves to deliver reliable results and actionable recommendations to strengthen the financial integrity of your organisation. With the diverse background of our clients, we adopt risk-based audit approach to effectively design and execute the audit procedures and manage the audit process from start to end. 

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We believe in engaging in REGULAR and DIRECT communications with management / owners of the business in highlighting areas not only of, audit concerns  but also potential risk and weaknesses that may hinder the business from progressing. 

 

Our statutory audit service includes following clientele operating in: 

• Fund management companies, Variable Capital Companies("VCC")

• PE / VC Funds

• MNC and private companies in various industries such as F&B, confectionary, manufacturing, infrastructure constructions, property development, technology etc.      ​

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Non-statutory audit service covers:

• Audit of retailer's Statement of Gross Turnover (GTO) for submission to landlords. 

• Non-corporate entities: partnerships, clubs, associations, charitable bodies and MCST. 

• Group reporting to primary auditors

Assurance services encompass a broader range of activities beyond financial statement audits.  For example, stakeholders or potential investors may demand for a review of historical or prospective financial information be carried out by an independent accountant, for a potential fund raise exercise. 

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Assurance services aim to enhance the quality and reliability of certain information or subject matters used by stakeholders for decision-making purpose. Our assurance service offering covers: ​

• assessing compliance with regulations or contractual agreements

• evaluating corporate governance practices

• review historical financial information

• examining prospective financial information

• reviewing specific internal controls & procedures

• providing recommendations for improvements based on the outcome of review

 

 The goal is to provide stakeholders with confidence in the reliability and integrity of the information being reviewed, contributing to improved transparency and risk management within organizations. 

Agreed-Upon Procedures ("AUP") - Alternatively, if you have already had in mind, the scope of work or certain verification procedures,  LT-Wisepool will formulate a plan, timeline and carry out the AUP. The findings arising from the AUP will be summarized in a report for your perusal and clarification.   The findings are the factual results of AUP performed and are capable of being objectively verified.

• Government grant certifications;

• BCA certifications

• An overview of  financials of a business or company

• Stocks and cash ​​counting exercises ​​​

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