Accounting and bookkeeping Services

In today’s dynamic business environment, it is critical that companies have accurate and timely information to make decisions and assess the performance of their businesses. Business owners should have adequate information to know what, where, and when to take corrective actions. Outsourcing will free up management time to focus on operation. Our service offerings are:

Accounting Consultancy

 

Assist corporate clients with accounting issues or management of department on a permanent or temporary basis. This could involve training of incoming accountants and assistance during transition.

 

This also includes assessment of appropriateness of internal controls and recommendation for improvements.

Bookkeeping

 

  • Provide basic record keeping services and cater to customized management reports.

 

  • XBRL reporting (full or partial)

 

  • Management reporting

    • Compile profit and loss account and balance sheet; and

    • Generate aged analysis of debtors and creditors.

 

  • Quarterly/Year end matters

    • Preparation of financial statements under XBRL format (an ACRA requirement);

    • Preparation of quarterly GST submission; and

    • Review and computation of tax and deferred tax provisions for inclusion into the financial statement.

 

  • Consolidation

    • preparation of consolidated financial statements which includes the consolidated cash flow statement, consolidated statement of changes in equity and notes to the financial statements in compliance with Singapore Financial Reporting Standards;

    • Re-measure accounts to functional currency; and

    • Complete consolidation and head office reporting packages.

 

Backlog

 

  • Clear accounting back logs

  • Prepare financial statements and schedules to meet audit requirements.

  • Prepare financial statements for urgent submission to financial institutions and any other interested parties