At Reliance Audit LLP we aim to provide you with advice when your business needs it, not just when you ask for it. We help you manage every aspect of your business and because we establish a one-on-one relationship with each of our clients, our advice is tailor-made for your business. 

Audit and Assurance

Audit of Financial Statements
Our robust and client-friendly audit approach is based on an understanding of our clients’ business processes, objective, and strategies. This enables us to identify and assess the risks that impact their business and achievement of objectives.

Our audits are designed to perform in accordance with International/Singapore Standards on Auditing, International/Singapore Financial Reporting Standards and relevant national standards.

Other Assurance Services
We can assist you to add credibility to reporting and disclosures provided to stakeholders such as regulators, customers/suppliers and government bodies.

Tax Compliance and Advisory

Tax Compliance
We act as appointed tax agents to assist you to file your tax returns in compliance with prevailing tax laws and practices. The scope of our compliance services for tax extend to the following areas:

  • Personal tax
  • Corporate tax
  • Goods and services tax
  • Withholding taxes
  • Tax grants and incentives

Tax Advisory and Investigation Assistance
At Reliance Audit, we utilised in-depth knowledge of corporate taxation issues in assisting you to assess the tax implications of your proposed transactions and business models to achieve tax efficiency and savings and compliance with relevant tax rules and regulations.

Where queries, reviews or investigations are made into your tax affairs, we assist you to manage and facilitate your responses and dealings with the relevant tax authorities to achieve the desired outcomes.

Risk and Business Advisory

Initial Public Offerings (IPO) Preparatory and Advisory Works
We can assist throughout the IPO process. Before you commence your IPO process, we can assist in the pre-IPO phase to assess the IPO-readiness of your company as well as prepare your company for IPO. We can coordinate your IPO by liaising on your behalf and working with the respective professional parties such as the reporting accountants, bankers, brokers and solicitors for a smooth and successful IPO. We can also assist in the preparation of the IPO related materials such as board memorandum, proforma financial information and other documents that may be required.

Financial Due Diligence
We can assist you by assessing the potential value and the risks association target. Key drivers and risks are identified, and assumptions about future performance of your acquisition targets are verified and challenged with the aim of improving your position at the negotiating table.

Internal Audit Review
Co-sourcing or outsourcing internal audit work can reduce costs, free up capital, and enhance your ability to focus on what you do best. 

We provide outsourced/co-sourced internal audit services to evaluate the internal controls of business processes and provide an independent review on the operations, risk management and financial reporting processes.

Where applicable, recommendations will be made to improve the overall state of the internal controls and process efficiencies. We can also assist organisations in implementing Control Self Assessments and continuous monitoring of key controls for business processes.

Corporate Recovery and Forensic

Corporate Recovery and Insolvency
With our deep industry knowledge and vast experience, our team of licensed insolvency practitioners will be in the best position to help you achieve the optimal outcome.

Litigation Support and Forensic Accounting
When required, our team has experience working with lawyers to carry out investigative work including the provision of litigation support services such as acting as expert witnesses in court proceedings.