Singapore Government News
Why Does Every Company in Singapore Need a Corporate Secretary?
In the vibrant and dynamic business landscape of Singapore, every company, regardless of its size or industry, is bound by a fundamental legal requirement: the appointment of a corporate secretary. This mandate, as in the Singapore Companies Act, underscores the significance of a corporate secretary in the corporate ecosystem of the country. The role of…
The Role of Accountants in Singapore: Beyond Compliance to Strategic Advisory
Accountants have long been considered the financial gatekeepers of businesses, responsible for ensuring that financial records are accurate and tax obligations are met. However, in today’s dynamic and competitive business landscape, the role of accountants in Singapore has evolved significantly. Beyond compliance, accountants have become strategic advisors who play a crucial role in helping businesses…
All You Need to Know About Cash Flow Statement
A company’s financial health is not solely determined by its profitability or revenue figures. Another crucial aspect that plays a pivotal role in assessing its stability and sustainability is its cash flow. A Cash Flow Statement is an essential financial document that provides a comprehensive overview of a company’s inflows and outflows of cash over…
How All-in-One Reporting in Accounting Software Elevates Singaporean Business Owners
In the dynamic business landscape of Singapore, staying ahead requires not only a clear understanding of financial data but also the ability to derive actionable insights quickly. Traditional accounting practices are evolving, and all-in-one reporting features within modern accounting software have become indispensable tools for business owners in Singapore. This article explores the manifold benefits…
The Role of a Company Secretary in Singapore: Key Responsibilities and Functions
In the dynamic landscape of business, efficient corporate governance and compliance play a pivotal role in ensuring transparency, accountability, and sustainable growth. In Singapore, a crucial figure that contributes to achieving these goals is the Company Secretary. Often regarded as the “guardian of corporate compliance,” the Company Secretary’s role extends far beyond administrative tasks. This…
Top 10 Accounting Trends in 2023
With the development of new technology, shifting client expectations, and changing corporate requirements, accounting procedures have been altered over the course of time. Today, accounting encompasses much more than just ledgers and bookkeeping. Various new techniques are being embraced by accounting companies in order to keep up with the times and better meet clients’ needs.…
Essential Accounting & Taxation Terms Every Business Owner in Singapore Should Know
Running a business in Singapore, a global financial hub known for its thriving business environment requires a solid understanding of various aspects, including accounting. Whether you’re a seasoned entrepreneur or just starting out, having a grasp of essential accounting & taxation terms is crucial to managing your finances effectively. This blog post aims to provide…
What Is The Supplementary Retirement Scheme (SRS)?
The Supplementary Retirement Scheme (SRS) is a voluntary savings program that was introduced in Singapore in 2001. The scheme aims to encourage individuals to save for their retirement by providing tax benefits on contributions made to an SRS account. The SRS account complements the Central Provident Fund (CPF) system, which is the primary retirement savings…
Your Guide To Raising Funds For Your Singapore Business Through Private Equity
Private equity is a type of investment that involves pooling money from private investors looking to buy stakes in businesses. Essentially, private equity is an investment in which investors will fund private companies that they believe will be able to compete in the market, in return for which they will be rewarded with capital gains…
What is E-commerce Accounting? How is it Different From Other Types of Accounting?
If you are planning to set up an e-commerce business in Singapore, you also need to have a good understanding and knowledge of e-commerce accounting. It’s essential to run your business smoothly and remain operational. Also, you will be able to evaluate the financial status of your business accurately if you understand e-commerce accounting. You…
Why Does Every Company in Singapore Need a Corporate Secretary?
In the vibrant and dynamic business landscape of Singapore, every company, regardless of its size or industry, is bound by a fundamental legal requirement: the appointment of a corporate secretary. This mandate, as in the Singapore Companies Act, underscores the significance of a corporate secretary in the corporate ecosystem of the country. The role of…
The Role of Accountants in Singapore: Beyond Compliance to Strategic Advisory
Accountants have long been considered the financial gatekeepers of businesses, responsible for ensuring that financial records are accurate and tax obligations are met. However, in today’s dynamic and competitive business landscape, the role of accountants in Singapore has evolved significantly. Beyond compliance, accountants have become strategic advisors who play a crucial role in helping businesses…
All You Need to Know About Cash Flow Statement
A company’s financial health is not solely determined by its profitability or revenue figures. Another crucial aspect that plays a pivotal role in assessing its stability and sustainability is its cash flow. A Cash Flow Statement is an essential financial document that provides a comprehensive overview of a company’s inflows and outflows of cash over…
How All-in-One Reporting in Accounting Software Elevates Singaporean Business Owners
In the dynamic business landscape of Singapore, staying ahead requires not only a clear understanding of financial data but also the ability to derive actionable insights quickly. Traditional accounting practices are evolving, and all-in-one reporting features within modern accounting software have become indispensable tools for business owners in Singapore. This article explores the manifold benefits…
The Role of a Company Secretary in Singapore: Key Responsibilities and Functions
In the dynamic landscape of business, efficient corporate governance and compliance play a pivotal role in ensuring transparency, accountability, and sustainable growth. In Singapore, a crucial figure that contributes to achieving these goals is the Company Secretary. Often regarded as the “guardian of corporate compliance,” the Company Secretary’s role extends far beyond administrative tasks. This…
Top 10 Accounting Trends in 2023
With the development of new technology, shifting client expectations, and changing corporate requirements, accounting procedures have been altered over the course of time. Today, accounting encompasses much more than just ledgers and bookkeeping. Various new techniques are being embraced by accounting companies in order to keep up with the times and better meet clients’ needs.…
Essential Accounting & Taxation Terms Every Business Owner in Singapore Should Know
Running a business in Singapore, a global financial hub known for its thriving business environment requires a solid understanding of various aspects, including accounting. Whether you’re a seasoned entrepreneur or just starting out, having a grasp of essential accounting & taxation terms is crucial to managing your finances effectively. This blog post aims to provide…
What Is The Supplementary Retirement Scheme (SRS)?
The Supplementary Retirement Scheme (SRS) is a voluntary savings program that was introduced in Singapore in 2001. The scheme aims to encourage individuals to save for their retirement by providing tax benefits on contributions made to an SRS account. The SRS account complements the Central Provident Fund (CPF) system, which is the primary retirement savings…
Your Guide To Raising Funds For Your Singapore Business Through Private Equity
Private equity is a type of investment that involves pooling money from private investors looking to buy stakes in businesses. Essentially, private equity is an investment in which investors will fund private companies that they believe will be able to compete in the market, in return for which they will be rewarded with capital gains…
What is E-commerce Accounting? How is it Different From Other Types of Accounting?
If you are planning to set up an e-commerce business in Singapore, you also need to have a good understanding and knowledge of e-commerce accounting. It’s essential to run your business smoothly and remain operational. Also, you will be able to evaluate the financial status of your business accurately if you understand e-commerce accounting. You…
Why Does Every Company in Singapore Need a Corporate Secretary?
In the vibrant and dynamic business landscape of Singapore, every company, regardless of its size or industry, is bound by a fundamental legal requirement: the appointment of a corporate secretary. This mandate, as in the Singapore Companies Act, underscores the significance of a corporate secretary in the corporate ecosystem of the country. The role of…
The Role of Accountants in Singapore: Beyond Compliance to Strategic Advisory
Accountants have long been considered the financial gatekeepers of businesses, responsible for ensuring that financial records are accurate and tax obligations are met. However, in today’s dynamic and competitive business landscape, the role of accountants in Singapore has evolved significantly. Beyond compliance, accountants have become strategic advisors who play a crucial role in helping businesses…
All You Need to Know About Cash Flow Statement
A company’s financial health is not solely determined by its profitability or revenue figures. Another crucial aspect that plays a pivotal role in assessing its stability and sustainability is its cash flow. A Cash Flow Statement is an essential financial document that provides a comprehensive overview of a company’s inflows and outflows of cash over…
How All-in-One Reporting in Accounting Software Elevates Singaporean Business Owners
In the dynamic business landscape of Singapore, staying ahead requires not only a clear understanding of financial data but also the ability to derive actionable insights quickly. Traditional accounting practices are evolving, and all-in-one reporting features within modern accounting software have become indispensable tools for business owners in Singapore. This article explores the manifold benefits…
The Role of a Company Secretary in Singapore: Key Responsibilities and Functions
In the dynamic landscape of business, efficient corporate governance and compliance play a pivotal role in ensuring transparency, accountability, and sustainable growth. In Singapore, a crucial figure that contributes to achieving these goals is the Company Secretary. Often regarded as the “guardian of corporate compliance,” the Company Secretary’s role extends far beyond administrative tasks. This…
Top 10 Accounting Trends in 2023
With the development of new technology, shifting client expectations, and changing corporate requirements, accounting procedures have been altered over the course of time. Today, accounting encompasses much more than just ledgers and bookkeeping. Various new techniques are being embraced by accounting companies in order to keep up with the times and better meet clients’ needs.…
Essential Accounting & Taxation Terms Every Business Owner in Singapore Should Know
Running a business in Singapore, a global financial hub known for its thriving business environment requires a solid understanding of various aspects, including accounting. Whether you’re a seasoned entrepreneur or just starting out, having a grasp of essential accounting & taxation terms is crucial to managing your finances effectively. This blog post aims to provide…
What Is The Supplementary Retirement Scheme (SRS)?
The Supplementary Retirement Scheme (SRS) is a voluntary savings program that was introduced in Singapore in 2001. The scheme aims to encourage individuals to save for their retirement by providing tax benefits on contributions made to an SRS account. The SRS account complements the Central Provident Fund (CPF) system, which is the primary retirement savings…
Your Guide To Raising Funds For Your Singapore Business Through Private Equity
Private equity is a type of investment that involves pooling money from private investors looking to buy stakes in businesses. Essentially, private equity is an investment in which investors will fund private companies that they believe will be able to compete in the market, in return for which they will be rewarded with capital gains…
What is E-commerce Accounting? How is it Different From Other Types of Accounting?
If you are planning to set up an e-commerce business in Singapore, you also need to have a good understanding and knowledge of e-commerce accounting. It’s essential to run your business smoothly and remain operational. Also, you will be able to evaluate the financial status of your business accurately if you understand e-commerce accounting. You…