According to the Accounting and Corporate Regulatory Authority (ACRA) regulation, every incorporated firm has to have at least one corporate secretary in their company to ensure that it is compliant
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Why It Is Vital For SMEs To Outsource Its Account Management
It can be overwhelming running a business, especially for SMEs and start-ups. From taking care of staff to getting important deals and planning for the future, many companies struggle to
How & Why Every Business Must Practise Good Cash Management
Cash management is vital in every business operation. It is usually coined as the business’s “lifeblood”. Regardless of whether your business is going through an excellent sales record and is
Accounting Strategies Every SMEs Should Be Aware Of
Most SME owners are not accountants by trade. Whatever their background is, whether it be product development, management, HR, or IT, business owners must know the basics of financing and
8 Ways To Boost The Profitability Of Any Accounting Firm
Every business’s goal is to ensure increased profitability. It is a fundamental aspect of expanding and maintaining a company. For small and mid-sized accounting and tax firms, there are many
Steps You Can Legally Take To Lower Your Corporate Tax
At 17 per cent, Singapore is among the world’s lowest when it comes to corporate tax rates on chargeable income. Ever since the start of 2003, Singapore has implemented a
Detecting And Preventing Payroll Fraud In Your Business
Payroll fraud is the biggest and most common type of fraud that can strike businesses of all sizes. However, it is especially detrimental to small or start-up companies. At a
A Fundamental Guide To Understanding Audit Services
Auditing is a process where a team of outsourced or in-house auditors assesses and evaluates the company’s financial health, ledgers, and journal entries. The company can better determine its current
