Collectively referred to as our Gatekeepers, NuLife engages several external agencies who offer specialised services. We remain vigilant about ensuring that the various processes that deal with monies and donations from the public are carried out in accordance to the strict regulations set out by the relevant authorities.
External Accounting Services
NuLife takes the necessary steps to ensure strict adherence to the regulations that pertain to financial matters. We engage the services of an external accountant from YTK Accounts International – to oversee all accounting processes and the paperwork and documentation is reviewed on a quarterly basis. They play a coordinating role between the external auditors and NuLife.
External Auditing Services
Newly appointed external auditors, Tan, Chan & Partners, are engaged to provide annual audit of financial statement and fund-raising audit services to NuLife Care & Counselling. Tan, Chan & Partners, a well-reputed firm of Chartered Accountants, was established in 1982. It has since grown to become one of Singapore’s leading auditing firms. The audit team is well versed in the audit requirements of charities and has a deep understanding of the risks and opportunities faced by the charity sector to be able to advise the management and Board on financial reporting and governance matters.
External Corporate Secretarial Services
We also employ the external corporate secretarial services provided by YTK Corporate Secretarial Pte Ltd. A key role they play is to advise and ensure compliance of Nulife Counselling in accordance with Singapore Companies Act, Charities Act and Code of Governance for Charities and IPCs.