We provide a full spectrum services such as accounting services, preparation of unaudited financial statements, GST filing, Productivity and Innovation Credit (PIC) claims, XBRL financial reporting, tax compliance and tax planning at a reasonable and competitive price.
Accounting services
All companies registered in Singapore are required to keep proper books of accounts by law.
Our accounting services provide the following;
→ Professional accounting services provided on monthly, quarterly and annual basis
→ Preparation of a full range of management report including:
- Preparation of unaudited financial statements
- XBRL financial reporting
- Statement of Financial Position
- Statement of Comprehensive Income
- Statement of Cash Flows
- Trial Balance
- General Ledger
- Accounts Receivables and Payables Listing
- Fixed Assets Listing
- Other Schedules
Preparation of Unaudited Financial Statements
All companies including dormant and exempt private companies, are required to prepare statutory financial statements that comply with the requirements of the Companies Act, Cap. 50 and Singapore Financial Reporting Standards.
Companies may state that their financial statements have been prepared in accordance with Financial Reporting Standards (FRSs) only if they have complied with all FRSs and Interpretations of Financial Reporting Standards (INT FRSs) issued by the Accounting Standards Council.
Our compilation of unaudited financial statements package including the following:-
→ Directors’ Report
→ Statements by Directors
→ Statement of Financial Position
→ Statement of Comprehensive Income
→ Statement of Changes in Equity
→ Statement of Cash Flow
→ Notes to the Financial Statements
XBRL Financial Report
All Singapore incorporated companies (unlimited or limited by shares) unless exempted are required to file their financial statements with ACRA will be required to file a full set of financial statements in XBRL format.
In general, all Insolvent Exempt Private Companies (EPCs) will be required to file XBRL. Please refer to ACRA website for current exemption criteria.
Our Services include:
- Preparation of full set of financial statements in XBRL format
- Preparation of XBRL Financial Highlights (FSH)
- Ensuring that the Bizfile Validation is completed and approved.
Document required for preparation of XBRL reporting:
- FRS Financial Report in MS Word format. Additional fees apply if only PDF format is available.
Non-Statutory audit services
Non-Statutory audits for non-corporate entities such as partnerships, clubs, associations and charitable bodies and internal audits can drive better management control, proactive risk and compliance management, good corporate governance and continuous process improvements.
