All Singapore incorporated companies must keep proper accounts as stipulated in the Singapore Companies Act. Good accounting and bookkeeping not only facilitates day-to-day accounts maintenance and drafting of financial statements but it also provides insight for sound business decision making as well as financial management.
Benefits of outsourcing accounting and bookkeeping services
- Free-up management from administrative tasks to concentrate on higher-level finance decision-making
- Access to external accounting expertise
- Accounting staff turnover is not an issue anymore
- Financial information including payroll data can be kept confidential
Our Accounting and Bookkeeping Services include but are not limited to the following functions:
- Preparation of Trial Balance, Profit and Loss Statement and Balance Sheet
- Group consolidation and preparation of management accounts
- Preparation of detailed Fixed Assets listing
- Accounts Receivables and Accounts Payables listing
- Bank reconciliation and cash book maintenance
- Preparation of audit schedules and statements
- Liaise with auditors and clear audit queries
- Other details listing such as hire purchase and etc
- Preparation of management accounts for the director(s) and shareholder(s)
Good accounting and bookkeeping services are important to SMEs operating in competitive environment. Aglow Corporate Services provides accounting and bookkeeping services to SMEs which have difficulty to fill the accounting positions. The subsidiaries and branch office of multi national corporations looking for reliable and cost effective accounting services in Singapore are benefited by outsourcing their accounting functions to us.
