This comprises of monthly book-keeping services, quarterly GST submissions, financial appraisal and reporting, accounts compilation in compliance with Financial Reporting Standards, review of existing accounting systems, customising accounting solutions and outsourced CFO function.
This concept is relatively new in Singapore but it is commonplace in USA and Europe.
We first determine, in consultation with business owners, the key performance indicators (KPIs) that drives your organisation’s sales, costs and profitability. We next set up and customise financial and management reporting formats for Board of Directors and/or senior management in order to track the KPIs identified.
As part of this service, we will provide guidance to accounting staff(s) on business processes and operational matters, source for and implement accounting package if required, attend Board and senior management meetings and provide financial management and business advisory expertise and present the organisation’s overall financial performance, and attend to any other areas agreed with Directors / Management.