Compiling accounts or papers entails compiling unaudited Private Company Financial Statements. To provide a picture of the company's financial situation, profit and loss statements, a balance sheet, and financial statements are assembled.
Companies that are exempt from the audit requirement must still produce a complete set of unaudited financial statements that comply with Singapore Financial Reporting Standards and include explanatory comments and a directors' statement.
The unaudited Financial Statements are necessary for the company's annual general meetings, tax filing, and shareholder responsibility. The unaudited Financial Statements may be used to apply for government grants, acquire banking services, and fulfil regulatory requirements in particular sectors.
No matter how big or small your company is, maintaining accurate accounting records is crucial. Without a competent accountant making sure everything is in order, a company may suffer from poor management, poor cash flow, lack of planning, or worse yet, fines imposed by regulatory bodies for late payments.
We recognize that managing your company keeps you too occupied to spend time learning about the intricate Singapore Financial Reporting Standards and related regulations. That's okay; we can handle the number crunching since you are much better adapted to managing and expanding your company. With accurate record-keeping and reporting, and assistance on financial matters like initial accounting system setup, cost control, tax planning, investments, and employee benefit and profit-sharing plans, we help you get closer to your goals.
We assist our clients in making a complete range of tax-related planning and preparation decisions using techniques that reduce tax liabilities, increase cash flow, and keep clients on track with their financial objectives. Our knowledge, understanding, analytical prowess, and thorough study enable us to maximize the financial advantages offered by both the old and the most recent tax laws. We can help you understand your receipts, bills, and notices because we are knowledgeable and current on the tax rules.
Tax return preparation and filing for corporations, individuals, single proprietors, and partnerships. Tax strategy for businesses, personal tax preparation, Deferred tax calculation preparation, and Advice on additional relevant tax issues. An audit is an essential part of the business engaging professional independent Public Accountants to perform necessary audit procedures to ensure the company’s accounts are prepared in compliance with the Singapore Financial Reporting Standards and Companies Act, and the accounting records are kept properly. This is done to make sure the company's financial statements are accurately prepared and present a true and fair picture of the company's financial situation, financial performance, changes in equity, and cash flows.
We have a staff of tax agents and accountants with professional certifications from reputable organizations like ACCA, CPA, and CA. (Singapore). By frequently attending seminars hosted by ISCA and other training organizations, we make sure that we are kept up to speed with any changes to pertinent standards and regulations. We can give our clients helpful guidance thanks to our expertise and up-to-date knowledge, and we can make sure that the work we do is of high quality.
The accounts of our client are produced by Singapore Financial Reporting Standards, thanks to the diligence of our account staff. We make sure that the client receives timely reports, such as the profit and loss account, balance sheet, general ledgers, debtors and creditors agings, and bank reconciliation, so they can decide how best to proceed with their company. We will finish our job by the deadline as long as the necessary information is given to us on time. We always produce on time and never fall short of our client's expectations.
Our accounting section compiles unaudited financial statements based on accounting records that are either created by us or supplied by our clients. A compilation of unaudited Financial Statements should be produced even if your business meets the requirements for audit exemption and does not need to have its accounts audited. You can feel confident that the information was compiled with due care and expert competence if you use unaudited financial statements. It is adequate for filing yearly returns with ACRA and income taxes. For our client, our tax section prepares tax computations and submits tax returns.
For all of our services, we offer set prices. As a result, you can plan a budget for our services. As a result, you shouldn't prepare for an unexpected bill from us. No more infuriating bills! We want to provide you with the finest accounting service possible. As a result, we always go above and beyond for you. Concerning every facet of the services we offer; we make every effort to be vigilant. To avoid confusion, we use simple, jargon-free language when communicating with all of our customers. We value our relationships with our customers. We take the time to listen, comprehend your situation, and provide you with workable answers.