Why Audit Services are Vital for Myanmar’s Expanding Businesses
Why Audit Services are Vital for Myanmar’s Expanding Businesses As Myanmar’s economy continues to grow and open up to international
Ensure Financial Accuracy and Regulatory Compliance with Expert Audits
Inter Group provides comprehensive audit & assurance services to help businesses navigate regulatory requirements and ensure financial accuracy.
Introduction to Audit & Assurance Services
Audit and assurance services are vital to ensuring the integrity and transparency of your financial reporting. Inter Group’s audit experts provide a full range of services, ensuring your business complies with regional regulations across Singapore, Thailand, and Myanmar while offering valuable insights into risk management and operational efficiency.
Types of Audit & Assurance Services We Provide
Statutory Audits
Inter Group conducts statutory audits to ensure that your financial statements are accurate and comply with local regulations. We work with you to meet the statutory requirements in Singapore, Thailand, and Myanmar.
Internal Audits
Our internal audit services help identify risks within your organization, improve internal controls, and ensure operational efficiency, providing you with detailed insights for better decision-making.
Compliance Audits
Inter Group performs compliance audits to ensure that your business adheres to regulatory requirements, minimizing the risk of penalties and improving your operational processes.
Financial Statement Audits
We offer external financial statement audits, giving stakeholders confidence in your company’s financial health and compliance.
Benefits of Inter Group’s Audit & Assurance Services
Expertise Across Southeast Asia
Our audit teams have in-depth knowledge of regulatory requirements across Singapore, Thailand, and Myanmar, ensuring your business is compliant with local and international standards.
Improved Business Efficiency
Through our internal audit services, we help businesses optimize operations by identifying risks and areas for improvement.
Enhanced Financial Integrity
Our audits ensure the accuracy of your financial statements, helping to build trust with investors, shareholders, and regulators.
Tailored Audit Solutions
We customize our audit approach based on the size and complexity of your business, providing solutions that meet your specific needs.
Industry-Specific Audit Experience
Inter Group’s auditors bring industry-specific expertise, ensuring that our services meet the unique challenges and compliance requirements of each sector.
Manufacturing
Retail & Wholesale
Technology & IT
Finance & Banking
Healthcare
Real Estate & Construction
Audit Process Overview
Initial Consultation
We begin with an initial consultation to understand your business’s needs and requirements.
Planning & Risk Assessment
Our audit team assesses your business’s financial and operational risks to develop a tailored audit plan.
Audit Fieldwork
We perform detailed fieldwork, reviewing financial statements, internal controls, and compliance measures.
Reporting & Recommendations
Upon completion, we provide a comprehensive report with findings and recommendations to improve your business’s operations and controls.
Insights
A: Audit and assurance services provide an independent evaluation of a company’s financial statements, ensuring accuracy, transparency, and compliance with local and international standards.
A: Yes, most companies in Singapore are required to have their financial statements audited annually unless they meet the exemption criteria. Inter Group provides audit services in compliance with ACRA requirements.
A: We conduct statutory audits, financial reviews, and internal audits to ensure compliance with Thailand’s accounting standards and tax regulations.
Introduction of Mandatory Risk-Based Audits
Details: The Thai Securities and Exchange Commission (SEC) has mandated that listed companies and certain high-risk sectors conduct risk-based audits