Running a business in Singapore comes with exciting opportunities but also numerous compliance requirements. AccountingFirm.sg was created to help business owners, entrepreneurs, and corporate leaders handle all aspects of their financial record-keeping and reporting, so they can focus on building and expanding their companies. We are an independent Singapore accounting practice offering comprehensive accounting, bookkeeping, tax, and advisory solutions tailored to local regulations.
Our Commitment
At AccountingFirm.sg, our commitment is to deliver accurate, timely, and transparent accounting services that make life easier for our clients. We view ourselves not just as an external service provider, but as an extension of your business—someone you can rely on for clear financial information and practical advice.
What We Stand For
Clarity – We transform complicated numbers and regulatory jargon into easy-to-understand insights.
Compliance – We ensure your business stays fully aligned with ACRA and IRAS requirements.
Confidence – With sound financial systems in place, you gain the confidence to make better strategic decisions.
The AccountingFirm.sg Advantage
Deep Knowledge of Singapore Regulations
Our accountants and tax specialists stay on top of changing rules in corporate tax, GST, and financial reporting standards. This reduces the risk of errors, penalties, and missed deadlines.
End-to-End Service
We offer a one-stop solution. From basic bookkeeping to statutory audits and management reporting, you can trust a single partner to handle all your accounting needs.
Affordable & Predictable Pricing
We believe great accounting shouldn’t be out of reach. Our pricing is transparent, with no hidden costs, and can be scaled according to your transaction volume.
Personalised Support
Every client is unique. We assign a dedicated professional who learns your business inside out, answers your questions promptly, and proactively suggests improvements.
Focus on Growth & Strategy
Beyond compliance, we help you interpret your numbers, identify trends, and forecast future outcomes so you can grow sustainably.
Services Overview
Below is a closer look at the core services available at AccountingFirm.sg:
Accounting & Financial Statements
- Day-to-day ledger maintenance
- Month-end and year-end closing
- Adjustments for accruals, depreciation, and provisions
- Preparation of financial statements compliant with Singapore Financial Reporting Standards
Bookkeeping Support
- Entry of sales, purchases, and expenses
- Accounts payable and receivable tracking
- Bank reconciliations and cashflow monitoring
- Cloud-based bookkeeping (Xero, QuickBooks, Sage, MYOB)
Tax Compliance & Advisory
- Corporate income tax computation and filing
- Tax planning to optimise deductions and incentives
- Handling IRAS queries and audits
- Withholding tax and cross-border considerations
GST Services
- GST registration and deregistration
- Input and output tax tracking
- Quarterly GST returns preparation and submission
- GST health checks and audits
Audit & Assurance
- Statutory audit for companies meeting audit thresholds
- Internal audits and process reviews
- Special purpose audits (e.g. grant compliance)
- Assistance with audit readiness and liaising with authorities
Management Reporting & Business Insights
- Customised monthly or quarterly management reports
- Dashboards and KPI analysis
- Cashflow projections and budgeting
- Profitability analysis by business unit
Industries We Support
We’ve worked with clients across a wide spectrum of industries, including:
- Technology & Startups – guiding founders through early-stage financial systems.
- Retail and F&B – handling high transaction volumes and GST obligations.
- Professional Services – tracking project profitability and ensuring timely invoicing.
- Manufacturing & Trading – inventory and cost accounting support.
- E-Commerce & Online Businesses – managing multi-channel sales data and cross-border tax issues.
- Construction & Property – project accounting and progress billing.
By understanding the nuances of these sectors, we can recommend best practices that align with your operations.
A Smooth, Structured Approach
Working with AccountingFirm.sg is simple and efficient. Here’s how our typical engagement unfolds:
- Initial Consultation – We discuss your business model, objectives, and current financial situation.
- System Setup or Migration – We either clean up your existing accounts or set up a new system tailored to your needs.
- Ongoing Execution – Our team handles bookkeeping, reconciliations, tax computations, and compliance filings on a predetermined schedule.
- Reporting & Review – We prepare management reports and financial statements and discuss them with you to highlight key insights.
- Strategic Guidance – We offer tax planning, cashflow forecasts, and recommendations for process improvements.
- Regulatory Support – We handle submissions and queries from ACRA, IRAS, or other agencies so you can focus on your core business.
We place a high priority on communication, ensuring you always know the status of your accounts and upcoming deadlines.
What Clients Appreciate
Many clients tell us they value our responsiveness, accuracy, and ability to explain accounting matters in plain English. We’ve built long-term relationships with entrepreneurs, SMEs, and growing companies who rely on us for steady financial management.
Here’s a typical reaction from a client:
“AccountingFirm.sg has transformed the way we manage our accounts. Their team is knowledgeable, proactive, and always on time. We now have clean books and a clear picture of our cashflow every month.”
Common Questions
Do you support cloud accounting software?
Yes. We’re experienced with major cloud platforms and can advise on which best suits your operations.
Can you work with companies outside Singapore?
Our focus is Singapore, but we regularly handle cross-border transactions and can coordinate with overseas advisors for multinational structures.
What’s the cost of your services?
Fees depend on the size and complexity of your business. We offer scalable monthly or quarterly packages so you can budget confidently.
How quickly can you onboard a new client?
In most cases, we can get started within days. Our team will guide you through data collection and system setup to ensure a smooth transition.
Do you handle audits or IRAS reviews?
Absolutely. We provide statutory audits, special audits, and support during IRAS reviews or assessments.
Why Our Approach Works
Our philosophy is simple: accurate books + timely reporting = better decisions. With accurate, up-to-date data, you can see what’s happening in your business, plan ahead, and avoid unnecessary costs. This approach has helped our clients improve cashflow, reduce risk, and position themselves for growth.
Your Next Step
If you’re tired of worrying about compliance deadlines or struggling with messy financial records, let us take the weight off your shoulders. AccountingFirm.sg provides a reliable backbone for your business finances, allowing you to concentrate on customers, products, and strategy.
Contact AccountingFirm.sg
We’re ready to help you streamline your accounting and strengthen your financial foundation. Reach out today:
- Phone: +65 9863 8665
- Email: Tommyksh@shkoh.com.sg
- Website: https://accountingfirm.sg/
Let’s start with a conversation about your business goals. Together, we can build the accounting systems and financial insights you need to succeed in Singapore’s competitive market.