Special Purpose Audit / Certification Audit

Child Care/Infant Subsidy Claims Audit

As part of MCYS audit requirements, childcare centres are required to engage Certified Public Accountant to audit the centre’s child care/infant care subsidy claims annually or upon cessation of business.

The scope of our Child Care/Infant Subsidy Claims Audit includes preparation and submission of the following to the Ministry after the centre’s financial year-end or cessation of business:

  • Preparation of the Statement of Subsidy Claims for the Financial Year
  • Preparation of Certification by External Auditors

Licensee’s or Tenant’s Annual Gross Turnover

This is one of the Special Purposes Audit pursuant to tenancy agreement between the landlord and tenants in most of the mega shopping centre and certain government agencies which require the licensee to audit the Annual Gross Turnover Report or for all licensable activities for period from (date) to (date).

House to House and Street Collections (HHSC) Licence Audit

Under the House to House and Street Collections Act (Chapter 128), a HHSC licence is required if one promotes a collection by way of appealing to the public, made by means of visits from house to house or of soliciting in streets or other places or by both such means, for money or other property.

After the collection event,

  • Where the total amount of money collected, including the proceeds derived from the sale of property exceed $5,000, be certified by the chief promoter of the collection and by a public accountant who is appointed by the organisation of the chief promoter to be the auditor of the account; or
  • Where the total amount of money collected, including the proceeds derived from the sale of property does not exceed $5,000, be certified by a person who is registered as a member of the Institute of Certified Public Accountants of Singapore and who is appointed by the chief promoter’s organisation to be the auditor of the account.

The audited statement of account then has to be submitted to the Commissioner of Police within two months of the expiry of the licence.

Sources: Early Childhood Development Agency (ECDA), Singapore Police Force (House-to-House and Street Collections - FAQ) and Singapore Police Force (House-to-House and Street Collections)

Do contact us to know more on other types of Special Purpose Audit/Certification Audit that we could be of service to you.


This page was last updated on 8th July, 2016.