Financial Reporting Service

COMPILATION OF FINANCIAL REPORT

Financial Reporting Service          * Our fees range from $S 600

Singapore companies are required to have their yearly financial reports prepared in accordance with the SFRS (Singapore Financial Reporting Standards). We have a dedicated team to prepare your financial reports for submission to both ACRA and IRAS.

Exempt private companies (“EPC”) are companies with no corporate shareholder in the company and the number of shareholders in the company is less than 20. Dormant companies and EPCs with annual revenue below S$10m could enjoy audit exemption under current Singapore Companies Act, Chapter 50 (the “Act”). These companies have a choice as to whether to have their accounts audited except where the law has prescribed that an audit is still required. This will help many companies reduce their business operating cost.

Companies that qualify for the audit exemption and have chosen not to have their accounts audited can file the unaudited accounts in place of the audited accounts. The unaudited accounts (including notes to accounts) must be accompanied by the Directors’ report and the Statement of Directors and they must be prepared in compliance with the Companies Act and Singapore Financial Reporting Standards.  To meet these requirements, we assist our client to prepare unaudited financial statements  with professional competence and due care.

All other companies are required to appoint an auditor within three months of incorporation and be prepared to submit audited reports to ACRA. The accounts must be audited annually.

BookKeepingWhat services we will be providing for Financial Reporting?
  • Preparation of financial reports in compliance with FRS and Companies Act

  • Advices on accounting related matters

  • Provide timely reminder on the relevant deadline

We also offer a 3-in-1 Compliance package!

3-IN-1 COMPLIANCE PACKAGE – PACKAGE DEAL AT ONLY $S 980! ( U.P. $S 1,190 )


Our 3-in-1 Compliance Package provides the following services:-
  • Secretarial Work – U.P. $S 380
  • Compilation of Financial Report  – U.P. $S 600
  • Tax Computation – U.P. $S 180
  • Submission of Estimated Chargeable Income – U.P. $S 30

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