Corporate accounting is a special accounting section that deals with companies’ accounting. Corporate accountants assist in the preparation of financial accounts and cash flow statements for businesses, analysis and interpretation of the results, and supervision of crucial events like acquisitions, consolidated balance sheets, and mergers. 

The executives make references to these financial reports when making strategic decisions for the business.

It is important for every small or large organization to monitor its financial and operational health. When you maintain precise records of your balance sheets and profit and loss statements, it becomes easier for you to get an accurate analysis and interpretation of your company’s results. This vital information helps you to set realistic objectives and make rational decisions that aid your company’s growth.

Hiring a skilled accountant to maintain the financial account of your company can be costly, particularly for small businesses with restricted capital. 

Even though you may be able to handle the accounting responsibilities of your business, it isn’t advisable, as such a task is time-consuming and distracting. 

Furthermore, if you know little to nothing about accounting, you will likely find this process challenging and struggle to track the financial records of your company properly. 

However, outsourcing your accounting functions to a trustworthy accounting firm, like SJH Advisory allows you to focus on other aspects of your business. We can help you free up the budget of your company, save costs, expand your business, and prevent you from missing IRAS and ACRA deadlines. Our accounting professionals possess the expertise and knowledge required to maintain your company’s accounts and ensure the tax is filed in compliance with IRAS’s guidelines.

Low-quality accounting can ruin your business. Most small and medium enterprises do not thrive because of their inadequate financial management. If your company lacks excellent financial practices, its growth will be hindered. This is why it is crucial to select the right firm. 

A reputable accounting firm like ours can effectively handle your profit and loss statements, monthly balance sheet, and regular account reconciliation. We can help you monitor your financial record and provide you with valuable advice that can help you to fully control your company’s finances.

This is a safe and effective option to consider when you opt for a reputable external service like SJH Advisory. This is because it allows you to save costs on training or employing accounting personnel well-suited to your company.

Our experts deliver prompt and accurate reports you can trust. They achieve this by using modern accounting software renowned for secure data processing. 

They also conveniently address every compliance issue you might have, as they are knowledgeable and vastly experienced in similar matters.

No, it isn’t. You can hire SJH Advisory to help you achieve this objective. All you need to do is provide us with all the required original documents and your signature where it is needed. We will handle the paperwork for your company registration in Singapore.

Our incorporation professionals can help you register your company in one day once you provide us with the required documents.

Yes, there are a few things you should consider after incorporating your company. They include:

1. Acquire important licenses (if your business needs them).
2. Open a corporate bank account for your company (if your business needs one).
3. Contribute to the Central Provident Fund (CPF) if you are hiring local employees.
4. Apply for work visas with the Controller of Work Passes if you are hiring foreigners.

Every private limited liability company, LLP, sole-proprietors, and partnership in Singapore is obligated to abide by the guidelines and policies of IRAS. Any act of non-compliance would result in the regulatory body taking disciplinary measures in the form of court proceedings or penalties. 

Yes, it is. According to Section 171 of the Singapore Companies Act (Cap. 50), all Singapore companies must appoint a corporate secretary within six months of its incorporation date. 

The appointed corporate secretary must be a resident of Singapore. You can appoint SJH Advisory as your corporate secretary. We will help you handle your company’s statutory compliance affairs.

Being Certified Professional Accountants (CPA) with a reputation for consistency and reliability, we ensure that your accounts are handled precisely, allowing you to focus solely on growing your business.

Our scope of services include:

• Entering every transaction into the accounting system (e.g suppliers invoices, receipts and payments, sales invoices and receipts, amongst others)
• Preparation of bank reconciliations
• Provision of business performance analysis
• Submission of GST (Goods and Services Tax) return (when applicable)
• Preparation of accounting schedules (e.g accruals, deposits, and fixed assets, amongst others)
• Delivering monthly reports, such as:

• •  GST reports
  •  Creditors aging reports
  •  Debtors aging reports
  •  General ledger
  •  Balance sheets
  •  Profit and loss statements

No, it isn’t. All you have to do is agree with us on the type of service engagement. Once this is in place, we will assume responsibility in place of your current service provider. With our experience, we can make the takeover seamless.

You simply have to make sure that every accounting document (e.g bank statements, suppliers invoices, sales invoices, amongst others) is filed adequately. If you are unsure, we can show you how to go about organizing and filing these documents.

We can help you save costs, prevent you from missing IRAS and ACRA deadlines, and ensure you comply with GST, IRAS, and ACRA accounting requirements.

Yes, we can clean up your account and give it a professional look by helping you to sort out the available information accordingly. Thereafter, we will consider the best strategy to apply when handling your account in order to avoid a similar mess in the future.

Yes, we are capable of rescuing this situation. Being a reputable accounting firm, we possess the resources required to handle backlog accounts. With us, you can rest assured that your accounts will always be updated without delay.

Our charges are solely dependent on the volume of transactions. Nevertheless, you can be sure you will get the best service. Kindly contact us here for more information on our charges.