Under the Singapore Companies Act, all companies must prepare annual financial statements that comply with Singapore Financial Reporting Standards (SFRS). Unless exempt, companies must file them with ACRA (Accounting and Corporate Regulatory Authority).
Preparation of statutory financial statements: Balance Sheet, Income Statement, Cash Flow Statement, Equity Statement, and Notes.
Compliance with SFRS, IRAS, and Companies Act requirements.
Assistance with XBRL filing to ACRA.
Audit coordination with statutory auditors.
Preparation of consolidated financial statements for groups with subsidiaries.
Ensures timely compliance with ACRA filing deadlines.
Avoids penalties and enforcement actions.
Provides transparency for shareholders, investors, and regulators.
Supports GST and corporate tax submissions to IRAS.
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