Ernst & Young LLP

About Ernst & Young LLP

Ernst & Young LLP Singapore has developed the strongest technology sector audit practice among Singapore's Big Four firms, auditing a large portion of the technology, media, and telecommunications (TMT) companies listed on SGX and the significant number of technology companies incorporated in Singapore for regional operations. The firm's technology audit specialists understand the specific accounting challenges of software revenue recognition, capitalisation of development costs, stock-based compensation, and the business model nuances of subscription, platform, and enterprise software businesses. EY's audit methodology for technology companies incorporates specialised procedures for testing software revenue recognition under SFRS(I) 15, which involves significant judgement in determining contract performance obligations, variable consideration, and the timing of revenue recognition across complex multi-element arrangements. This specialisation is increasingly important as Singapore-based technology companies scale their regional operations and face greater scrutiny from SGX and MAS on their revenue accounting policies. The firm also has a strong sustainability assurance practice, providing limited and reasonable assurance on sustainability reports and climate-related financial disclosures — a capability that is increasingly relevant as Singapore's listed companies face mandatory climate reporting requirements. For technology companies, high-growth digital businesses, and companies with significant sustainability reporting obligations, EY provides audit and assurance capabilities specifically calibrated to their needs.

Highlights

• #4 Best for Technology Sector
• 4.8 / 5.0 Google Rating
• 176 Verified Google Reviews
• Singapore Based

Customer Review

"EY audited our SaaS company through our SGX listing preparation and the first two years as a listed entity. Their technology sector experience was evident throughout — they understood our subscription revenue model immediately and the audit was efficient because they asked the right questions first time. No other firm I spoke to had the same level of tech-specific audit knowledge."