Accounting management reporting
Do you face these challenges?
- A lack of trained and knowledgeable staff to handle day-to-day accounting functions in-house
- Late and/or inaccurate management information
- Difficulties fulfilling group reporting requirements under a different set of generally accepted accounting principles
- A need to adopt and implement complex new accounting standard
- Greater need for control over costs and expenses
- A lack of time due to managing of other core business operations yourself as business owner
Our services
- Bookkeeping period-end close
- Real-time management information
- Compilation of group reporting package
- Consolidation
- Maintenance of fixed assets registers, debtors and creditors control and aging
- Prepare audit schedules for annual audit
- Process vendor invoices and receipts (soft and hardcopies) using OCR tools
- Assist with GAAP conversion
- Assist with adoption of new accounting standard
Financial statements compilation & XBRL tagging
Do you need help with any of these?
- Unfamiliar with Singapore’s financial reporting standards and its compliance requirements
- Preparing voluminous sets of financial statements
- Exceptionally stretched finance/accounting team post year-end to meet annual compliance requirements
Our services
- Compile annual financial statements in accordance with Singapore FRS (or equivalent GAAP)
- Convert of financial statements to XBRL format and prepare XBRL tagging for filing with ACRA
- Liaison with auditor for the audit of financial statements
- Maintain reconciliation between management books and local statutory books