by admin | Dec 29, 2013 | General
Select a Singapore Auditing Firm – Things to Note 1. Consider hiring well-established audit firms As a haven for import and export, multinationals and international businesses, Singapore has attracted many international audit firms. Such will cost...
by admin | Dec 18, 2013 | General
2 December 2013 marks a milestone for financial reporting in Singapore. Singapore-incorporated companies which are either unlimited or limited by shares will move towards filing their financial statements in full XBRL (eXtensible Business Reporting Language) format...
by admin | Dec 15, 2013 | General
The Singapore Budget 2013 revealed the Government’s two key pillars for a better Singapore. They are restructuring for quality growth and building a more inclusive society. The government has remained steadfast in its pursuit of productivity and, at the same time,...
by admin | Dec 2, 2013 | General
There was a recent article about employers who underpay, do not pay, or are late in contributing to their workers’ Central Provident Fund (CPF) accounts. There are some amendments to the CPF Act. The employers could now face more serious penalties. Previously,...
by admin | Nov 28, 2013 | General
If you are starting a new business in Singapore, there are compliance requirements to be met. In provision to the Singapore Company Act, Cap 50, the director/s has the following compliance requirements:- S205B / 205C – Appoint an auditor within 3 months from the...
by admin | Oct 15, 2013 | General
Financial Reporting Standard for Small Entities – That is good news for you as a Small Business Owner! A start up or a small business entity does not have to comply with the Singapore Financial Report Standard (SFRS) since there is SFRS for small...