Accounting Advisory

Accounting Advisory Services practice comprises a dedicated team providing accounting and financial reporting advice and support to member firms' audit and non-audit clients on a wide range of transactions and events, including adherence to new or revised accounting standards and effectiveness.

Advisory services in accounting mean the accountant provides expert recommendations, options, and strategies to help business owners achieve their financial and operational goals.

Instead of hiring a conventional accountant, businesses can always outsource their accounting and bookkeeping services. There are many benefits of accounting services for small businesses. Some of them are:

·Put off the time and fee of the hiring technique

·Cost-saving benefits

·Make your finances streamlined

·Avoid the hefty late charges

·Better level of understanding at your arm's length

Tax Compliance

Tax compliance refers to taxpayers' decision to comply with tax laws and regulations by paying taxes timely and accurately

Singapore follows a single-tier corporate tax system, where tax paid by a company on its profits is not imputed to the shareholders (i.e. dividends are tax-free). Taxes go towards the funding of government expenditure.

Fiscal Policy

Singapore's Fiscal Policy. Singapore's fiscal policies have helped to steward the country's progress over the years. The two major examples of expansionary fiscal policy are tax cuts and increased government spending. Both of these policies are intended to increase aggregate demand while contributing to deficits or drawing down budget surpluses. Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.