Counto

DECEMBER 16, 2024

Understanding Internal vs. External Audits: A Guide for SME Owners in Singapore Audits are critical tools for evaluating a companys financial health and operational efficiency. While both audits provide valuable insights, they differ in their objectives, scope, and who performs them. What is an Internal Audit?

Auditing 52

Auditing Financial Statements Financial Reporting Financial Records 52

Billah and Associates

JANUARY 8, 2019

Tax audit for businesses A corporate tax audit is an efficient and effective mode of scrutiny, especially when done by a primary corporate tax accountant. Organizations should anticipate what issues, transactions or business changes might attract a tax auditor’s vision when preparing their accounts.

Corporation Tax 52

Corporation Tax Auditing Tax Financial Statements 52

Counto

SEPTEMBER 7, 2024

Understanding Audit Requirements for Private Limited Companies in Singapore As a private limited company in Singapore, understanding audit requirements is crucial for maintaining financial transparency and compliance. What is an Audit? Purpose: Verify that the financial statements present a true and fair view.

Auditing 52

Auditing Financial Statements Budgeting Tax 52

Counto

MAY 29, 2023

Corporate Taxes: Key Dates and Exemptions to Be Aware Of Navigating tax season can be daunting for many business owners, but understanding the ins and outs of filing taxes is essential for operating a successful business in Singapore.

Corporation Tax 52

Corporation Tax Tax Bookkeeping Services Financial Statements 52

Counto

MARCH 23, 2025

Bookkeeping Typically charged monthly or quarterly, bookkeeping services involve recording daily transactions, reconciling bank statements, and maintaining ledgers. Regulatory Requirements Some businesses, especially those near audit thresholds, need additional financial statements or management reports, which can also affect pricing.

Accounting 52

Accounting Accounting Bookkeeping Payroll 52

Counto

JANUARY 9, 2025

Keep Accurate Records : Its essential to maintain accurate records of all GST -related transactions, including receipts, invoices, and financial statements. These records are necessary for your GST returns and will be required in case of an audit.

Collections 52

Collections Tax Corporation Tax Financial Statements 52

Billah and Associates

JANUARY 27, 2021

Corporate tax deadlines are a little different than personal tax deadlines. For tax purposes, corporations can have year-ends that are not December 31st. Corporate tax return filings are due 6 months after the year-end For eg, a December 31, 2022 year-end would have a June 30, 2023, due date.

Tax 52

Tax Corporation Tax Financial Statements Bookkeeping 52