by Wilber Suen | Mar 28, 2024 | Glossary
Xero is a cloud-based accounting software platform designed to streamline financial management processes for businesses of all sizes. Widely recognized for its user-friendly interface and comprehensive features, Xero has become a popular choice among companies seeking...
by admin | Mar 27, 2024 | Glossary
In the context of taxation in Singapore, the term “Year of Assessment” (YA) refers to the specific fiscal year in which an individual or company’s income is assessed for tax purposes. Understanding the concept of YA is essential for individuals and...
by admin | Mar 27, 2024 | Glossary
In the realm of taxation, zero-rated supplies refer to goods or services that are taxable at a rate of zero per cent, meaning that although they are subject to value-added tax (VAT) or goods and services tax (GST), the tax rate applied is effectively zero....
by admin | Mar 27, 2024 | Glossary
A Zero-Rised Financial Statement refers to a financial statement where all values, typically monetary amounts, are represented as zero. This practice is not a common occurrence in standard financial reporting, but it can be utilized for specific analytical or...
by Willie Tan | Mar 26, 2024 | Glossary
A company stamp, also known as a corporate seal or company seal, is a physical device used by a company or organisation to emboss or imprint important documents with its official mark. Typically, it includes the company’s name, logo, and sometimes other details...
by Willie Tan | Mar 22, 2024 | Glossary
A company secretary is an officer appointed by a company to ensure that the company complies with statutory and regulatory requirements and maintains good corporate governance practices. The role of a company secretary varies depending on the jurisdiction and the...
