Certified Public Accountant Singapore

It is true that doing business in Singapore is easier than in any other country in the world but there are definitely a few laws that you need to follow here also. These laws involve the accounting, auditing and taxation practices that need to be followed when operating a profit making organization in Singapore. Accounting firms in Singapore offer all these services and more if you want somebody with in-depth knowledge of the subject to deal with it. Some laws also require that a few positions in the company be held by residents. Accounting firms provide people who are qualified in preparation of financial statements and filing of tax returns.

Qualifications of CPA in Singapore

CPA firms Singapore employ individuals who are fully qualified and capable of handling the responsibilities of a public accountant. Individuals’ first need to qualify for a provisional membership with the ICPAS and once this is obtained; they can apply for a full membership. Three years of work experience, passing the examinations and a pre admission course is what qualifies a provisional member for a full time membership. These rigorous norms that are followed by the ICPAS ensures that those who do work as CPA’s in accounting firms in Singapore are thoroughly equipped for the job and meet international standards. The government of Singapore has been taking steps to promote Singapore as a hub for accounting services and this has led to the emergence of many reliable and trustworthy accounting firms.

Accounting Firms in Singapore

There are plenty of firms in Singapore that offer their services to both national and international companies. Their services start right from the incorporation of a company to its winding down. Even company incorporation in singapore or Marshall Islands and BVI are undertaken by these firms. CPA firms Singapore provide not only expertise but also personnel that may be required by foreign companies. Statutory audits, auditor certifications, preparation of financial accounts, consolidated accounts, accounting, computation of tax and filing of tax, internal audit, filing GST, scheduled reviews of business processes, shutting down of business and other advisory services are the main areas of expertise of these firms.