A Small and Medium-sized Enterprise (SME) audit in Singapore is a key process to ensure that financial statements are accurate and comply with statutory requirements. It involves a thorough examination of a business’s financial records, internal controls, and compliance with relevant regulations. Proper preparation for an SME audit can streamline the process, minimize disruptions, and help the business maintain a strong financial standing. Here’s a detailed guide on how to prepare effectively for an SME business audit in Singapore.