In order to uphold its reputation as trusted business entities, companies in Singapore are required to maintain proper accounting records. With proper documentation, companies would be able to fulfil compliance requirements specified by regulatory bodies such as IRAS and ACRA.
YSM provides a comprehensive range of accounting and bookkeeping services in Singapore. The solutions offered can be customised depending on your corporate’s unique needs. YSM is committed to support your plans to achieve your financial goals and provide you with hassle-free account maintenance.
We can render full set of accounts on monthly, quarterly or yearly basic, including:-
- Accounting & Finance Outsourcing Services
- Setup of proper accounting systems, accounting policies and procedures in line with local accounting and regulatory requirements
- Perform accounting-related administrative services (e.g. sales & receipt cycle, payment cycle)
- Bank and other account reconciliation
- Group consolidation and preparation of annual report
- Application for Registration / Deregistration of Goods & Services Tax (“GST”)
- GST consultancy, computation and quarterly submission
- Investigation of accounts
- Monthly/Quarterly/Yearly compilation of management accounts
- Liaison with auditors to assist in statutory reporting
- Cash Management
- Preparation of disbursements, including vendors invoices and employees’ reimbursements
- Review of management account for compliance purpose (compilation of company’s Financial Statements which are in compliant with relevant Financial Reporting Standards (“FRS”) required in Singapore
- Liaising with auditors during the financial year-end, including preparation of year-end accounting schedules for audit and tax purposes
- Assisting in the completion of in-house reporting packages for submission to head office / overseas offices
