Bookkeeping

Enhance your Business Growth with Outsourced Accounting

Enhance your Business Growth with Outsourced Accounting One CEO who just raised seed funding said something that you never thought you could hear from a CEO: “no one told me how challenging success could be for a startup.” To most people, this does not sound like a problem, but when you keenly examine that statement, …

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Accounting for Book and Bank Overdrafts and their Cash Flow Presentation

Accounting for Book and Bank Overdrafts and their Cash Flow Presentation Every business has one or more bank accounts. Various situations can take place about these accounts such as writing cheques that exceed the company’s bank account. How do you record such transaction on your statement of financial position and cash flow presentation? Difference between …

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Common Accounting Mistakes and How to fix them

Common Accounting Mistakes and How to fix them In the midst of today’s whirlwind of business operations, accounting concerns may take the backseat to daily managerial priorities. However, you need to understand that accounting is an indispensable tool for measuring the performance of your business and you are strongly recommended to use an accounting services …

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Accounting Standards in Singapore

Accounting Standards in Singapore Most registered companies in the world are operating on International Financial Reporting Standards (IFRS) however, every country has added some clauses according to their business requirements. In Singapore, the IFRS is re-named as Singapore Financial Reporting Standards (SFRS) according to which, every company registered after January 1, 2003 has to comply …

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5 Ways a competent Accountant will save your Business Money

5 Ways a competent Accountant will save your Business Money “I can do it myself!” this is a common perception among most business owners. Regardless of the size of your business, investing in accounting services in Singapore, even for something small like an internet café will save your company some money. You may be frown …

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Advantages of Using Outsourced Bookkeeping Services

Advantages of Using Outsourced Bookkeeping Services Today in the world of stiff competition all SMEs have to be equipped with bookkeeping or accounting function. The job of these services are to control all financial transactions and to allow only those decisions to be taken that will benefit the business. Sometimes it is helpful to outsource financial …

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