Accounting Firm

Accounting is a major part of any business and more often than not, financial management determines the success of a company. Therefore, it would be prudent for companies to hire reliable in-house accountants or outsource them. Outsourcing accounting functions can enable companies to focus more on strategic issues and operations to maintain a competitive edge in the market and improve business growth. Selecting the right accounting firm, hence, is a task not to be taken lightly of.

Company incorporation services

A good accounting firm should be able to cover a complete suite of services that help facilitate the incorporation of your company. They can serve as a one stop solution to help fulfill your company incorporation needs, hassle-free. Their knowledge and expertise would also mean that your application will be promptly prepared and submitted as per regulatory requirements to achieve the best results and get your company successfully incorporated in Singapore.

Corporate secretary

A reputable accounting firm will have access to highly trained professionals who can handle your corporate needs with compliance and sector-wide experience. The corporate secretary can be a Filing Agent for ACRA as well and will oversee prompt accounting services by putting together financial reports for timely and accurate submission for the company’s annual return.

Accounting

In Singapore, companies are required to maintain proper accounting and bookkeeping records as a mandatory compliance requirement from the ACRA and IRAS. Qualified firms will ensure quality reporting of financial standing for the company and streamlined for compliance regulations. Their deep industry knowledge in financial reporting, tax filing, auditing will also help to provide growth projection forecasts for the company to achieve periodical success.

Bookkeeping

Bookkeeping is a basic process of recording daily transactions in an organized way and a key source of data for financial reports. A competent bookkeeper not only can produce accurate records but also provide a system conducive for encouraging future financial growth in the company. One stop service providers often will have a team of professionals to take care of both your company’s basic and sophisticated accounting obligations.

Chartered accountant

An accredited accounting firm will have a team of highly specialized workforce on board to deliver top notch services. A chartered accountant is skilled professional with expertise in handling corporate financial needs and issues. They can help avoid legal ramification and errors in financial reporting through qualified auditing on top of helping to maximize tax benefits and proffer financial solutions for your business where required.

Corporate accounting

Corporate accounting involves a special branch of accounting dealing with companies in preparation for auditing and related business accounting needs. Compliance with the regulatory authorities remains essential to avoid legal backlash and penalties and an esteemed accounting firm would set this as top priority throughout the term of the services. Apart from the usual bookkeeping, corporate accounting also entails consultancy feature to address more complex taxation needs like identifying tax deductibles and claiming rightful allowances for the company.