The complete guide to GST in Singapore
Step 1: Check if you need to register for GST Step 2: Obtain your GST registration number Step 3: Collect your GST records Step 4: Calculate your GST liability Step 5: Log in to myTax …
Accounting Services in Singapore
Singapore is a bustling hub of business and commerce, with countless companies operating in various industries. With so many businesses, it’s no surprise that there is a high demand for accounting services in Singapore. Here’s …
Singapore Personal Income Tax Guide For 2023
This guide provides an overview of personal income taxes in Singapore for 2023 as well as tips on how to manage them effectively. It aims to demystify the concepts behind personal income taxes so that …
What Are Back Office Services?
Back office services are becoming increasingly popular due to their cost-effectiveness and scalability for businesses of all sizes. Companies can outsource these services to third-party providers or use in-house teams depending on their specific needs. …
The Role of a CFO in Small Businesses
Introduction Small businesses are the backbone of the economy. However, many small business owners often struggle with financial management, which is critical for long-term success. This is where a Chief Financial Officer (CFO) comes in. …
The four basic financial statements
Understanding the four basic financial statements is crucial for assessing your overall financial well-being. Financial statements contain valuable information that can guide business decisions such as raising money, developing new products, or opening new offices …
Bookkeeping vs Accounting – What’s the Difference?
Bookkeeping vs accounting can be a confusing topic for many business owners. Both are important financial processes for any business, but they each serve different purposes. Let’s take a look at what sets them apart …
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The Finance Department in 2023: How its Evolving
Finance departments are changing rapidly. Do you understand the financial side of running a business? Are you aware of the modern roles and functions that define today’s finance department – and how it contributes to …
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SME Guide to Singapore Financial Reporting Standards
Financial reporting is an essential part of any small business. In Singapore, the financial reporting standards are set by the Accounting Standards Council in accordance with the International Financial Reporting Standards. This guide provides a …
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Controller vs CFO: What Does My Small Business Need?
The roles of a Controller and CFO are both vital to the success of any business. But what sets them apart? It’s important for businesses to understand the distinction between these two positions in order …
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