Blog
The Requirements and Process of XBRL Filing in Singapore
What is XBRL? Since 1 November 2007, Singapore companies must file their Financial Statements (FS) in XBRL format. XBRL is an acronym for the term ‘eXtensible Business Reporting Language.’ This XML-based format enables ACRA to collect...
Read More Apr 17, 2023
The Role of Accounting and Bookkeeping in Business Financial Planning and Management
If you are a newbie to entrepreneurship, invest some time to understand the role of accounting and the role of bookkeeping in the growth of a business. Irrespective of its size, every successful business relies on streamlined accounting and...
Read More Apr 17, 2023
How to Choose the Right Business Entity for Company Formation in Singapore
For a newbie owner, choosing the best business entity for company formation is a must. Doing so can help fulfil your business needs over a long period. Failing with it can harm your business’ image, credibility, and effort to grow it. Here are the...
Read More Apr 17, 2023
How Much Does Payroll Really Cost? And How to Make it More Cost Efficient
Accountants always advise owners to track business expenses to reduce operating costs. Payroll is a prime area where you can apply this advice to optimise costs. Payroll services in Singapore can help you achieve it. Rooting out inefficient payroll...
Read More Apr 12, 2023
Benefits of Switching to Payroll Services
Obviously, no one wants to pay fines because of accurate payroll. However, the possibility scares and stresses many owners. If you are one of these people, you must stop doing DIY payroll and enjoy the benefits of switching to payroll services in...
Read More Apr 12, 2023
10 Common Mistakes to Avoid When Starting Your Own Company in Singapore
As per the experts, as many as 70% of businesses fail within their first five years. If you want to open company in Singapore, you should learn from their mistakes. Find out what went wrong with these companies. Knowing the mistakes to avoid when...
Read More Mar 29, 2023
