COMPILATION OF UNAUDITED FINANCIAL STATEMENT

Compilation of accounts or reports means compilation of unaudited Financial Statements of a private company. Profit and loss statements, balance sheet and financial statement are compiled to give an outlook on the company’s financial standing.

Company that is exempted from the audit requirement is still required to prepare a full set of unaudited Financial Statements including explanatory notes with Directors’ Statement, and be prepared in compliance with the Singapore Financial Reporting Standards.

You will require the unaudited Financial Statements for the purpose of Annual General Meetings, tax submission and accountability to shareholders of the company. The unaudited Financial Statements can be used to obtain banking facilities, apply for government grants and to meet regulatory requirements in specific industries

ACCOUNTING SERVICES

Keeping your accounting records completely up to date is essential for every business, no matter how small or big it is. Without a good accountant ensuring that all is as should be, a business may suffer at the hands of mismanagement, poor cash flow, lack of planning, or worse still, late-payment penalties levied by the regulatory bodies.

We understand that you are too busy running your business to take time in understanding the complicated of Singapore Financial Reporting Standards and relevant regulation. That’s ok, you are far better suited to running and growing your business and leave the number crunching to us.

We steer you closer to your goals with accurate record keeping and reporting as well as support on financial issues such as initial accounting system setup, cost containment, tax planning, investments, and employee benefit and profit-sharing plans.