The financial statements compilation aspect is the portion whereby all your bookkeeping records are translated into proper accounts, presented in accordance applicable accounting standards in Singapore. You will typically need financial statements for the purpose in Annual General Meetings, tax submission and accountability to shareholders of the Company. In some instances, the financial statements are used to obtain banking facilities, apply for government grants and to meet regulatory requirements in specific industries.
The financial statements compilation aspect is the portion whereby all your bookkeeping records are translated into proper accounts, presented in accordance applicable accounting standards in Singapore. You will typically need financial statements for the purpose in Annual General Meetings, tax submission and accountability to shareholders of the Company. In some instances, the financial statements are used to obtain banking facilities, apply for government grants and to meet regulatory requirements in specific industries.