by Willie Tan | Mar 22, 2024 | Glossary
An audited financial statement is a set of financial documents that have undergone examination and verification by an independent auditor. This audit process involves a thorough review of the company’s financial records, transactions, and internal controls to...
by Willie Tan | Mar 22, 2024 | Glossary
ACRA stands for the Accounting and Corporate Regulatory Authority https://www.acra.gov.sg/. It’s the national regulator for business entities, public accountants, and corporate service providers in Singapore. In short, they help ensure businesses in Singapore...
by Willie Tan | Mar 22, 2024 | Glossary
The Singapore Companies Act is the primary legislation governing the incorporation, administration, and regulation of companies in Singapore. It provides the legal framework for corporate governance, management, and compliance requirements for companies operating in...
by Willie Tan | Mar 22, 2024 | Glossary
A balance sheet is a financial statement that provides a snapshot of a company’s financial position at a specific point in time. It outlines the company’s assets, liabilities, and shareholders’ equity, offering a clear view of what the company owns...