Our team of professionals are trained and well versed with the relevant accounting standards (both SME FRS and SFRS) and will assist you with the book-keeping and accounting services. The standard scope of our works includes:

• Assist you with setting up customized and user-friendly accounting software that suits your business such as Xero, QuickBooks, MYOB and ERP software
• Provision of periodic (monthly, quarterly, half-yearly or annually) book-keeping and accounting services
• Customisation of management and analysis reports that suits your business.
• Customisation of reports that suits your business and your needs
• Handling of sensitive financial information from internal employees such as payroll and bank balances
• Correspond with the relevant authorities such as IRAS, CPF Board and other statutory Board on your behalf

As Directors of the Company, you are responsible to maintain proper controls and keep proper accounting and other records to facilitate the preparation of true and fair financial statements for your Company as required under the Companies Act (the “Act”) and to be tabled at the Company’s Annual General Meeting (“AGM”).

The financial statements provide information about the results of operations (profitability), financial position (assets and liabilities) and cash flows of the Company. It is also required for the purposes of the preparation of the Company’s income tax return.

We will assist you with the preparation of statutory financial statements for the Company as required under the Act and in accordance with applicable Accounting Standards.

In addition to the preparation of statutory financial statements, the Company is also required to prepare the financial statements in Extensible Business Reporting Language (“XBRL”) format for the purposes of filing requirements as stipulated by Accounting & Corporate Regulatory Authority (“ACRA”).

Some companies are required to file full set of financial statements in XBRL format (“Full XBRL”), while some others will only file key financial data in XBRL format (“Simplified XBRL”) and a full set of signed copy of the financial statements tabled at annual general meeting and/or circulated to members in PDF format.

We will assist you to prepare the financial statements in XBRL format but first, let us assist you in assessing on whether you need to file Full XBRL format or Simplified XBRL format.