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Home/Posts/Paul Wan & Co

About Paul Wan & Co

Paul Wan & Co is a mid-tier firm in Singapore having its roots back in 1986. We provide meaningful audit, tax and advisory services to leading organisations around Asia and work with a large pool of local businesses. Our firm is accelerating its growth through maximizing opportunities in specific markets.

37Years Anniversary Celebration

By |2023-12-05T17:51:57+08:00June 9th, 2023|General|

Today we are thrilled to celebrate a milestone for Paul Wan & Co. It's been 37 years since 18th June 1986 when we embarked on this incredible journey, and we could not be prouder of what we have achieved together! This anniversary is not only a time to reflect on [...]

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Quick Guide: IAS 20 – Accounting for Government Grants

By |2021-01-21T16:08:18+08:00June 30th, 2020|Featured, Guides|

This year, the COVID-19 crisis has adversely impacted the global economy. Singapore is no exemption, with negative effects and losses caused by the crisis and the consequent circuit breaker measures implemented to prevent the virus’ spread. The local government has thus announced various support schemes including several government grants to [...]

Singapore Guide: ISCA FRB 6 – Accounting for Jobs Support Scheme

By |2021-05-12T18:52:18+08:00June 30th, 2020|Guides, Income Tax Singapore|

This year, the COVID-19 pandemic has inevitably adversely impacted the global economy. Singapore companies and businesses were negatively impacted by this health crisis and the consequent circuit breaker measures implemented to prevent the spread of the virus. The Singapore government has thus announced various support schemes in the form of [...]

Circuit Breaker Measures for Singapore Company Audit Practices

By |2021-01-21T16:10:25+08:00May 29th, 2020|Audit, Guides|

The ongoing COVID-19 pandemic and corresponding Circuit Breaker regulations have had a major impact on many companies and businesses, not just financially but also in administrative matters. Statutory requirements and financial audit practice are no exemption to these operational measures and changes in Singapore.    In recognition of these administrative [...]

Singapore Standards on Auditing: Key Facts

By |2021-01-21T16:11:08+08:00March 31st, 2020|Guides, SSA|

Financial statement audits are a key professional service performed by independent auditors to provide reasonable assurance on the accuracy of financial statements prepared by a Singapore company’s accountants or administrator. The Singapore Standards on Auditing (SSA) is a best practice guide issued by the Institute of Singapore Chartered Accountants (ISCA) [...]

Company Audit Procedures in Singapore

By |2021-01-21T16:11:25+08:00February 19th, 2020|Audit, Guides|

Understanding audit procedures in Singapore is essential for business owners and company heads as Singaporean companies are required to conduct periodical audits on their financial statements as established in the Singapore Companies Act.  These audits are conducted to preserve the accuracy of the financial statements issued by businesses within the [...]

Key Requirements for a Company Audit in Singapore

By |2021-01-21T16:11:43+08:00February 19th, 2020|Audit, Guides|

What is a Statutory Audit? As a fast-growing economic hub in the Southeast Asian region, the demand for professional audit and accounting services in Singapore continues to rise. To comply with the country’s statutory laws, Singapore companies must regularly submit their financial statements to a qualified auditor or registered public [...]

Top 3 Criteria for Hiring an Auditing Firm in Singapore

By |2021-01-21T16:12:01+08:00November 21st, 2019|Audit, Guides|

Hiring an audit firm is an important milestone for businesses and companies as an effort to guarantee the accuracy and transparency of their financial reports. By Singaporean legislation, companies that do not meet the audit exemption criteria must ensure their financial statements and accounting records are audited yearly. Most accounting [...]

Quick Facts: Small Company Audit Exemptions in Singapore

By |2021-01-21T16:12:30+08:00October 17th, 2019|ACRA Audit Exemption, Guides|

The Companies Amendment Act enacted into law in 2014 revised the criteria for audit assurance requirements and introduced the small company concept, offering audit exemptions for registered private limited companies in Singapore. What is the Effective Date of the Act? The Accounting and Corporate Regulatory Authority (ACRA) began implementing key [...]