Every company registered in Singapore must maintain its accounting records with accordance of Singapore Companies Act. Maintenance of accounting records will help in maintaining clear records of the company’s financials and assist in management decisions. We at IMC, provide accounting services in Singapore for your business. We also fulfill the role of an audit firm in Singapore. We strive to make sure that your business meets all the compliance requirements issues by the ACRA and the IRAS. IMC offers a wide range of accounting and bookkeeping services in Singapore.
The Singapore Companies Act mandates the maintenance of proper accounts to ensure transparency and correct filing of financial records. The accounts so maintained must be by Singapore Financial Reporting Standards(SFRS). The accounting statement should consist of Profit and Loss A/C, Cash flow statement, and Equity Statement. IMC is an accounting firm in Singapore providing these services. Proper bookkeeping and accounting are important for a business to claim tax benefits.
IMC provides the following corporate accounting services in Singapore:
Preparing financial statements
Filing of accounting reports in XBRL format
Preparation and filing of tax returns
Compiling Director’s report
Forensic accounting (analyzation of financial statements)
Calculation of the Estimated Chargeable Income as per the IRAS.
IMC is an accounting firm in Singapore providing the services of bookkeeping also.
Maintaining daily accounting records
Preparing bank reconciliation statements,
Preparing cash flow statements
Setting up budgeting controls
Monthly review of accounting reports
Reporting the financial status of the company to the management etc.
They maintain a close relationship with your accounting team
Offer counsel on reporting and financial statements
Help in maintaining your day books and ledgers
Recommend the structure and the details of the financial reports in compliance with the Singapore Financial Reporting Standards (SFRS)
Monitor the filing of all statutory compliances.
We at IMC provide you the guarantee and the peace of mind to concentrate on your other areas of business. We provide the best bookkeeping services in Singapore for your company’s daily accounting needs.