Service
Accounting and bookkeeping services in Singapore
We keep the books, prepare the management accounts and produce financial statements that meet your reporting obligations to ACRA and IRAS — from dormant companies to businesses with complex transactions.
When you need this
Who this is for
Companies come to us for accounting when:
- Bookkeeping is taking time the business needs elsewhere
- The current arrangement is not producing accounts you can rely on
- Year end is approaching and the records are not audit-ready
- The company is dormant and needs its filing obligations met properly
- Transactions have become more involved — derivatives, fair value, consolidation
We have qualified chartered accountants in-house to prepare an accurate set of accounts for your company.
Scope
What we do
Bookkeeping
Day-to-day recording, reconciliation and maintenance of your ledgers, on a monthly or annual cycle to suit the business.
Management accounts
Regular reporting so you can see how the business is performing without waiting for the year-end accounts.
Financial statements
Preparation of statutory financial statements for your compliance obligations to ACRA and IRAS.
Conventional or cloud
A conventional bookkeeping cycle with monthly reporting, or a cloud system giving you a live view of the position. We will explain the trade-offs and set up whichever suits you.
Audit preparation
Getting records into the condition an auditor needs. Note that where we prepare your accounts, your audit must sit with a different firm.
How we work
Getting started
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1
Review
We look at your current records, systems and reporting obligations.
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2
Set-up
We agree the cycle, the system and what you will receive each period.
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3
Ongoing
Bookkeeping and reconciliation, with reporting to the agreed schedule.
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4
Year end
Financial statements prepared for filing, and records ready for your auditor.
What you can expect
How we work
- Qualified chartered accountants in-house, not purely data-entry support.
- Accounts prepared to meet both internal reporting needs and external compliance requirements.
- Suitable for anything from a dormant company to businesses with complex transactions.
- Where we do your accounting, we are clear that we cannot also be your auditor.
Common questions
Questions we are asked
Yes. We review the existing records first and tell you what condition they are in before agreeing a start date, so there are no surprises after the handover.
Conventional gives you the position monthly. Cloud gives you a live view and easier access for multiple people. The right answer depends on how often you need the numbers and who needs to see them. We will talk it through rather than push one option.
A dormant company still has filing obligations. The work is lighter, and we scope it accordingly.
No — not for the same company. An auditor cannot review accounts their own firm prepared. We will tell you clearly which role we are taking.
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Discuss your accounting and bookkeeping requirements
Tell us what you need and we will come back to you.
- Office151 Chin Swee Road #04-08A Manhattan House, Singapore 169876
- Telephone+65 6926 3960
- Emailcontact@accorp.com.sg