Financial Statement Preparation

Under the Companies Act, the Director of a Singapore-incorporated company is required to prepare a complete set of financial statements, and present them at its Annual General Meeting (AGM). The company must then file its Annual Returns to ACRA within one month of its AGM.

The level of volume is determined at the stage of engaging our bookkeeping services.

Financial Statement Preparation Workflow

  • Procedure
  • Required Documents
  • Select Packages / Services
  • Payment

Procedure

1

Fill in Inquiry Form on line

2

To receive the packages recommended by us

3

Select package & make payment

4

Send us the financial accounts with director’s approval

5

Preparation of financial statement by us

Required Documents

Documents List

  • Statement of Profit & Loss account
  • Statement of Financial Position
  • General Ledger
  • Fixed Assets Schedule

Requirement

  • Financial Accounts and Documents must be approved by Company’s Directors.
  • Late Adjustment should be notified in written once Preparation financial statement starts.

Related Regulations

  • Who needs to file Financial Statements? – All Singapore incorporated companies are required to file financial statement with ACRA, except for those which are exempted. Some companies will file a full set of financial statements in XBRL format, While some others will file only salient financial data in XBRL format and fu set f financial statements in PDF. The filing requirement depends on tye of company.
  • Sole Proprietorship, Partnership or Limited Partnership – You are not required to file financial statement with ACRA.
  • Solvent Exempt Private Companies (EPCs) – Exempted from filing financial statements. Nonetheless, you are encouraged to file the full set of financial statements or the financial statement highlights in XBRL format.

Select Packages / Services

ACCOUNTING - Financial Statement Preparation - Low Volume Transactions (Package)

S$500
  • Unaudited Financial Reports
Learn More Add to Cart

ACCOUNTING - Financial Statement Preparation - Medium Volume Transactions (Package)

S$650
  • Unaudited Financial Reports
Learn More Add to Cart

ACCOUNTING - Financial Statement Preparation - High Volume Transactions (Package)

S$800
  • Unaudited Financial Reports
Learn More Add to Cart

ACCOUNTING - Financial Statement Preparation - Dormant Company for One Year (Package)

S$300
  • Unaudited Financial Reports
Learn More Add to Cart

ACCOUNTING - Financial Statement Preparation - XBRL Compilation (Package)

S$500
  • XBRL Compilation
Learn More Add to Cart

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