Singapore Accounting Services
Singapore Accounting Services
Agere’s accounting team adopts best-of-breed cloud apps in our accounting service to bring your financial reporting to cloud. As a Premier Xero Partner in Singapore, our team is experienced in assisting clients through integrating suitable cloud apps and solutions that works with Xero to meet their business, and accounting needs. (Xero is an accounting software, and the company is listed in the Australian stock exchange.)
For all our clients, we provide our accounting services that processes your bills, and expenses digitally, saving you time, through Xero and its partnering software to capture and check your data. Our aim is to simplify the finances and get you on the right track for growth, with the right tools from our accounting services. Learn more on benefits of outsourcing accounting services here Learn More
Handing your business, accounting, financial reporting, and tax needs to us, allows you and your company to focus on making new sales and bring in new clients and customers. While implementing these cloud solutions for your accounting and business needs, we also have IMDA pre-approved PSG Xero packages allowing our clients to claim up to 80% in grants for migrating to Xero, as a PSG approved vendor. Learn more about PSG Grants here Learn More
The business landscape is changing fast, obtaining your financial and business data will help your business make better decisions. If repetitive task in accounting, and processing financial numbers is not your core capability it is imperative that you find a team that can best serve your accounting and business needs.
Corporate Secretary In Singapore
At Agere, our corporate secretaries are certified experts with high level of expertise which will be able to attend to your corporate secretarial needs. The core function of our corporate secretary services is to help resolve issues and company rulings matters, ensure ACRA filings are on time and attend to your queries.
In-house Corporate Secretary in most cases are suitable for larger corporate businesses, for smaller companies the volume in most SMEs do not necessitate an in-house Corporate Secretary. If there is no high volume of changes in a company, the corporate secretary will primarily be preparing for the AGM and filing the Annual Return once a year. If that is your case, outsource your company’s corporate secretary functions. Learn more about our corporate secretarial services Learn More
Not sure what you need? Every company, in Singapore has statutory requirements. The corporate secretaries’ role is to track changes, and report to ACRA. These changes include change directors, auditors, secretaries, shareholders, your share capital or the company name. There are also registers of a company the corporate secretaries has to maintain, which includes Register of Company Charges. They are also in charge of preparing annual general meetings, and recording of board minutes. For more details about company secretarial severs, visit here
Corporate Secretary In Singapore
At Agere, our corporate secretaries are certified experts with high level of expertise which will be able to attend to your corporate secretarial needs. The core function of our corporate secretary services is to help resolve issues and company rulings matters, ensure ACRA filings are on time and attend to your queries.
In-house Corporate Secretary in most cases are suitable for larger corporate businesses, for smaller companies the volume in most SMEs do not necessitate an in-house Corporate Secretary. If there is no high volume of changes in a company, the corporate secretary will primarily be preparing for the AGM and filing the Annual Return once a year. If that is your case, outsource your company’s corporate secretary functions. Learn more about our corporate secretarial services Learn More
Not sure what you need? Every company, in Singapore has statutory requirements. The corporate secretaries’ role is to track changes, and report to ACRA. These changes include change directors, auditors, secretaries, shareholders, your share capital or the company name. There are also registers of a company the corporate secretaries has to maintain, which includes Register of Company Charges. They are also in charge of preparing annual general meetings, and recording of board minutes. For more details about company secretarial service, visit here
Frequently Asked Question
Accounting is a record of all your business activities, assets and liabilities. Whenever there is income or spending, when you receive or spend money, your bookkeeper records these activities in the books. Your accountant builds reports using these numbers which will form your accounts required by the government to prepare financial statements in accordance to the accounting standards, calculate and submit taxes to IRAS, prepare and file annual returns to ACRA.
Singapore Financial Reporting Standards (SFRS), which is similar to the International Financial Reporting Standards (IFRS), both based on accrual-based accounting where transactions are recognized when they happen, and not when cash is received or paid. Accounts prepared for Singapore companies must comply with SFRS requirements under the Companies Act (Cap. 50). It is the responsibility of the directors to ensure compliance with the Companies Act.
We help businesses in Singapore with a full range of accounting and tax services. This includes outsourced accounting services, daily bookkeeping, preparation of financial statements, preparation of ECI and corporate tax reports and returns, XBRL (full and highlights). In addition, we can help you to apply for GST, and submit regular GST returns for GST-registered companies. If there are special requirements, please contact us our Accountants, who will be glad to assist you.
Agere is a fully digitalized cloud accounting firm. You can send your documents to us digitally via our mobile app (just take a photo), or email directly to our platform using a unique email address assigned to you – so we will always know that the documents are for your company. You can even provide the email address to your regular suppliers. (No more spending time scouring through emails to compile or forward the invoices to us). Contact us and we will take care of the rest!
Every company requires financial accounting for the purpose of ensuring their company’s financials are up to date for required annual filings complying to the laws of Singapore.
Accounting service relieves you from the time and effort required for bookkeeping to ensure your financial records are up to date. In addition, timely accounts allow you to have an overview of your business’ financial position and business metrics that will help you make better business decisions.
Accounting outsourcing is a process of hiring a service provider for the maintenance of your accounts through bookkeeping ensuring the financial transactions of your business is recorded promptly and accurately.
There is varying range in terms of cost for outsourcing bookkeeping, this depends on the time and quality of work the service provider aims to deliver for you. Find out more about our packages here.
The benefits of an accounting system are it provides a framework for the entry of financial data, ensures the safety of your financial data, compiles your financial data into reports in a glimpse, and has capabilities to integrate with other business software that can provide more actionable insights for your business. We use Xero accounting software in the provision of our accounting services, find out more here.
The main benefit to hiring a bookkeeping service is there is a professional accountant that can oversee your accounting and bookkeeping needs, where they take care of your backend finances ensuring your financial records are timely, accurate and compliant while you as a business owner can focus on revenue generating activities, securing more sales. SMEs usually faces difficulties hiring and retaining good accounting staff. By engaging us as your outsourced accounting firm, we will be assigned to a dedicated accountant who is part of a team. In the event the accountant leaves our firm, a fellow team member will take over your accounts making it a smooth transition.