The proliferation of competitive accounting firms in Singapore plays a crucial role in boosting the city-state’s reputation as a leading business and financial hub in Southeast Asia. Numerous business reports and surveys have cited this as a key factor for the high demand for experts and professionals in the accounting industry in recent years
The country’s strategic governance and dynamic economic environment have also incentivised the presence of many top audit firms in Singapore. The following is a list of the top 30 firms offering audit services for companies and businesses interested in setting up their base of operations in the region.
Out of the top 30 audit firms in Singapore, the Big Four still dominate this market
KPMG’s network of member firms offers audit, tax, and advisory services to corporations, governments, and non-profit organizations in over 153 countries and territories worldwide. The firm’s Singapore office is well-known as the fastest growing and most established practice in Asia.
The second largest of the accounting firms in Singapore, PwC focuses on helping organisations solve problems and maximise business opportunities. In 2015, PwC Singapore won the prestigious CFO Innovation Award for being the top performer of Audit Services for two consecutive years.
Another member of the “Big Four” top accounting practices in Southeast Asia, EY is renowned across the industry as a pioneer in providing tax, advisory, and other professional services for its clients. The firm’s Singapore office performs audits on many publicly-traded companies listed on the Singapore Exchange (SGX)
The fourth firm in the list of the Big Four practices in the country, Deloitte boasts over 50 years of service as a global leader in developing and evolving companies. It offers excellent accounting, consulting, financial advisory, risk management, and tax services to corporate, government and public sectors in Singapore.
In Singapore, RSM is the largest audit, tax and consulting network outside of the Big Four. The firm handles IPOs and audits of major companies in the region and focuses on helping businesses grow and improve their profits.
Another leader in the industry outside the Big Four, BDO International has been serving clients since 1979. BDO Singapore provides comprehensive range of financial services including audit, corporate finance, business restructuring, tax advisory, management consulting and risk advisory.
Foo Kon Tan
Founded in 1968, Foo Kon Tan LLP is one of Singapore’s most well-established and respected accounting practices. The firm is a principal member of the UK-based international network, HLB International, with access to the expertise of independent peer member firms in over 130 countries.
Baker Tilly TFW
Baker Tilly TFW ranks among the top ten biggest firms in the profession. Its office in Singapore is an independent member of Baker Tilly International with a network of experts in business valuation, cybersecurity, and litigation.
Nexia TS Public Accounting Corporation
Founded in 1993 by Henry Tan and Sitoh Yih Pin, Nexia TS is a well-established, mid-tier accounting practice in Singapore and an independent member of Nexia International. The firm was hailed as Corporate Finance Accounting Firm of the Year in Singapore awarded by the Corporate INTL global publication.
Crowe Horwath First Trust
Another leading audit firm in the region, Crowe Singapore is a member of the 8th largest accounting network in the world, Crowe Global. It caters to a diverse and international clientele including public-listed entities, multinational corporations and financial institutions.
With 30 years of operation in Singapore, Moore Stephens LLP is a member firm of Moore Global Network Limited. Its clientele includes large corporations, listed companies to private businesses, entrepreneurs and individuals across a broad array of sectors in the industry.
Mazars in Singapore is a globally integrated firm offering audit and advisory services to some of the fastest-growing businesses and organisations across Asia-Pacific. It aims to position itself as an international practice by partnering with various global entrepreneurial businesses, financial services companies, listed and large corporates, public service organizations, private clients and SMEs.
A member of PKF International network of accounting firms, PKF-CAP LLP was formed by a merger between Pannell Kerr Forster LLP and Cap Partnership in Singapore. Its presence in 125 different countries provides a diversity of expertise and professional services that is one of the firm’s greatest assets.
HLB Atrede is a medium-sized public accounting firm that was recently established in Singapore. Despite being a fairly new practice, it has risen to rank among the top 14 biggest firms in the city-state as well as an Accredited Training Organisation under the Singapore Qualification Programme.
Lo Hock Ling & Co
Another local medium-sized premier public accounting and business consulting firm, Lo Hock Ling & Co offers its expertise in audit and assurance, tax, information technology consulting and business advisory services to privately-owned businesses and multinational corporations across various industry sectors.
Uhy Lee Seng Chan & Co
A leading practice based in Singapore, Malaysia and China, UHY LSC is a member of the UHY International network with a number of offices across the region. The local CPA firm has grown over 50 years to offer multi-disciplinary expertise and advisory for clients in the Asia Pacific.
CA Trust PAC
CA Trust is an established firm of chartered accountants of Singapore and an independent member of TGS Global Network Limited. Its constituents specialize in audit, tax, and financial advisory services with emphasis on delivering unbiased and reliable reports to help their clients make sound business and corporate decisions.
Another medium-sized firm of CPAs in Singapore, BSL Public Accounting Corporation is branded as a one-stop solutions provider for various accounting and financial services. It is a member firm of AGN International Ltd, and caters to both individuals and corporations in the region.
Cypress Singapore PAC
A member of CPA Associates International, Inc, Cypress Singapore PAC has access to a network of firms and professionals with offices in 58 countries worldwide. The firm serves a wide range of industries including specialised support for charities, religious establishments and other non-profit organizations.
Since its establishment in 2008, Ardent Associates LLP has evolved into an award-winning firm boasting a young and dynamic team of experts in the profession. It is a member of the Kreston International network of independent accounting firms and was ranked 20th of 700 total entries in the Singapore Business Review 2016.
Ng, Lee & Associates
NLA DFK is a member firm of DFK International, offering assurance and business advisory, tax consulting, corporate finance, management consulting, corporate secretarial services and financial planning.
Grant Thornton Singapore
Grant Thorton is a network of independent assurance, tax and advisory firms offering services to national and multinational clients in over 130 countries worldwide. It is renowned in the profession as an award-winning globally recognised firm with numerous offices across the Asia Pacific.
Robert Yam & Co PAC
A recognized local accountancy firm and a member of the GGI global network of audit, accounting, law and consulting firms, Robert Yam & Co PAC offers personalized auditing & assurance, accounting and tax services for a number of family-controlled businesses, small to medium-sized companies (SMEs).
The Hawksford Group specialises in providing corporate, trust and fund administration services for institutional, entrepreneurial and high-net-worth clients worldwide. Their presence in Singapore specifically focuses on helping clients navigate the city-state’s legal, financial, tax and regulatory frameworks.
RT LLP and the RT Group of Companies founded the RT ASEAN Network uniting firms in the industry across 10 nations in the region. It specialises in providing services in three core areas: Financial Solutions, Digital Solutions and Legal Solutions.
Precursor Assurance PAC
Reputed as the youngest firm to rank among the top 25 Singaporean accounting firms in 2016, Precursor continues to serve clients by providing a wide range of corporate and advisory solutions and services.
Heng Lee Seng
A medium-sized practice with over 40 years of experience, Heng Lee Seng LLP offers auditing, accountancy, taxation, corporate secretarial and business advisory services to multinational corporations, SMEs and individual taxpayers alike.
Kreston David Yeung PAC
Established in 1987, Kreston David Yeun PAC specialises in audit, tax and corporate secretarial services.A member of Kreston International, the firm has access to resources and expertise in over 100 countries worldwide.
Reanda Adept PAC
Formerly known as K C Yin & Co, the corporation is a founding member of Reanda International network of independent accounting and consulting firms.It offers corporate secretarial assistance, accounting and bookkeeping, tax services, corporate management and advisory services to its clients.
A local professional accounting practice, Infinity offers assurance and advisory services to a diverse range of businesses in Singapore and across Asia. Their team of experts specialises in regulatory compliance and reporting, statutory and non-statutory audit, and special purpose reviews.