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Content and role of accounting services in Singapore
Release time:2023-03-06 15:11   author:admin
Number of views:186times
PART 01 service content
Basic contents of corporate accounting services in Singapore:
1. Financial accounting control and management accounting control;
2. Provide financial accounting information and participate in economic decision-making;
3. The accounting department uses financial accounting information to directly control the work process, such as plan control and cost control reflected in the implementation of financial plans;
4. Control the accounting information system, that is, control the process of optimizing financial accounting information and prevent information distortion;
5. As far as modern accounting is concerned, it has shifted from paying attention to using internal information for control to starting from the strategic goal of management, making full use of market information, scientific and technological information and external financial accounting information for comprehensive control.

6. Modern management accounting has changed from traditional financial cost control to activity-based cost control. Finally, modern accounting control should also include internal audit control.


PART 02 What's the role?
What is the role of the statements provided by Singapore corporate accounting services?
1. It is convenient for enterprises to understand their financial situation and its changes in a certain period of time, and timely grasp the economic activities, business results and problems in business management of enterprises.
2. Provide investors and creditors with correct investment decisions and information on the financial status, operating results and changes in financial status of the enterprise.
3. It is convenient for the national finance and tax department to strengthen the inspection of the production and operation activities of enterprises.
4. It is convenient for banks and other financial institutions to understand the loan repayment of enterprises.
5. Provide reference for the superior departments and government management departments to carry out macro-control.
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