We provide customised, flexible and cost effective accounting solutions for our clients. We charge a flat rate for accounting services offered, while other firms will charge as per transactions done.

1. Set up proper accounting procedures

2. Create / review chart of accounts

3. Administrative related supports

4. Prepare periodic full set management accounts

We will record company’s transactions and journal entries, perform bank reconciliation, thereafter to prepare full set management accounts, comprise of :

  • detailed profit or loss statement
  • detailed balance sheets
  • balance sheet schedules such as detailed accounts receivable / accounts payable aging, fixed assets register and depreciation schedule, etc
  • detailed general ledger

Management accounts can be prepared in monthly, quarterly, half-yearly or yearly basis depending on your requirements.

1. Unaudited financial statements

Compilation report will be prepared in accordance to the Companies Act and Singapore FRS requirement for submission to the relevant authorities, including :

  • Directors’ Report
  • Statement of Directors
  • Statement of Comprehensive Income
  • Statement of Financial Position
  • Statement of Changes in Equity
  • Notes to Financial Statements

2. eXtensible Business Reporting Language – XBRL

Under the revised XBRL filing requirements with effective from 3 March 2014, Singapore incorporated companies which are either unlimited or limited by shares required to file a full set of financial statements in XBRL format of their financial statements with ACRA, according to minimum requirement list within the new ACRA Taxonomy 2013.

1. Catch-up backlog accounts

2. Year-end services, including :

  • Attending to management’s queries
  • Attending to auditors’ queries
  • Preparation and review of audited financial statements