Accounting
We provides an extensive array of bookkeeping and accounting services tailored to meet the specific needs of businesses in Singapore. With the expert guidance of our accountants, your company will maintain accurate and healthy accounting records, crucial for upholding its reputation and meeting compliance standards set by IRAS and ACRA. Our flexible accounting and bookkeeping solutions can be customized to suit your company’s unique requirements, ensuring scalability and efficiency. Our dedicated team of professionals prioritizes customer satisfaction, operating with integrity and transparency while attentively listening to your financial objectives to develop a tailored plan for achieving them.
Services We Offer
Cloud Accounting Services
Cloud accounting is a method of online accounting which empowers users to conduct accounting tasks conveniently via the internet. Utilizing cloud accounting software grants easy access from any location and device through web browsers, as it operates on servers. This approach transcends physical constraints, enhancing efficiency in service delivery.
Compilation Financial Statements
All Singaporean companies, excluding exempt private companies and dormant ones, must submit audited reports to ACRA. Within three months of incorporation, companies must appoint an auditor who will conduct audits for annual submissions. We offer comprehensive accounting services, including audit services through affiliated audit firms. Additionally, our tax services in Singapore streamline processes for your convenience.
XBRL Financial Report
Effective from November 1, 2007, ACRA mandates that incorporated companies in Singapore must submit their financial statements in XBRL format. This facilitates the direct transfer of records to auditors, financial analysts, and regulators for various purposes. XBRL enhances financial information by adding value and improving transparency.
Bookkeeping Services
Our professional accountant will undertake account management to assist your company in submitting annual audited financial statements to ACRA and IRAS. A proper bookkeeping ensures seamless day-to-day account maintenance, accurate drafting of financial statements, and valuable insights into your company’s financial health.
Setup of Accounting System
We provide assistance in establishing your accounting system tailored to your company’s specific requirements, utilizing suitable accounting software. The implementation of appropriate accounting software has been used to enhance efficiency, streamline recording and analysis processes, and enhance overall financial well-being.
Consolidation Accounts
Multinational corporations are required to precisely depict the financial performance of the company for investors and affiliated entities. A financial statement serves as a comprehensive portrayal of the collective financial outcomes across all entities linked to the companies. The consolidation accounting service, integral to accounting services in Singapore, guarantees the accuracy and relevance of the financial statements for both the parent company and its subsidiaries.
Dormant Company Package Fee
In Singapore, some businesses may experience downturns, leading to considerations of scaling back operations. Therefore, we aim to maintain the company’s presence at minimal expense, ensuring readiness to resume operations quickly. We are dedicated to supporting SMEs in Singapore by offering our clients efficient and cost-effective solutions.