Enterprise Bizpal Pte Ltd - Accounting Firm
Enterprise Bizpal Pte Ltd
We specialize in providing a range of affordable accounting & bookkeeping services to help start-ups, small and medium sized Singapore companies/businesses
We know that the daily operations of a small business can keep you fully occupied with work In addition, the seemingly endless amount of numbers to analyse, bookkeeping to balance and bank account statements to reconcile
Why not adopt what Multi National Companies (MNC) have been doing for years – outsourcing? You can cut back on a large chunk of your day to day workload by outsourcing your accounting function to a professional accounting firm
Especially for start-ups and small companies with limited employees that want to reduce cost by lowering their overheads, EnterpriseBizpal is your No 1 choice to look for when you outsource your accounting & bookkeeping service, income tax filing and the annual return filing
We can provide you with accounting services, bookkeeping services, company secretarial and corporate tax services – we keep your accounts and handle your ACRA and IRAS statutory compliances while you run and grow your the company
We can help your company to keep track of invoices and expenses Efficient accounting and bookkeeping management is foundation to help business owners to track their cash flows
We can provide your company with effective tax planning and tax return services to ensure your tax obligations to IRAS are kept We will help you minimise your tax liabilities legally! We can help you by providing your company with cost effective services that will ensure that your Singapore company's statutory obligations under the Companies Act are met
Furthermore it is imperative that directors of a company incorporated in Singapore maintain a system of internal accounting controls Internal control means the safeguarding of the companys assets cash flow keeping proper accounting and other records that will lead to the preparation of accurate income statement and balance sheet to represent a true and fair reporting of the company's financial situation Hence directors should carefully choose the accounting services needed to fit their operations
In order to carry out these financial reporting duties financial literacy is expected of directors as well as the ability to review financial statements Directors are to have sufficient and uptodate knowledge of the accounting principles and practices to understand and review effectively the financial statements Otherwise directors are strongly encouraged to attend training and/or seek help
Directors should read, enquire, and understand the forms and contents of the financial statements and make sure that the information is clear, consistent, complete, and in accordance with the prescribed accounting standards
• Financial Reporting - This service makes sure that all accounts are measured and recorded according to standards; that these accounts are fairly presented in the statement of income, statement of financial position, statement of cash flows, statement of changes in owner’s equity; and adequate disclosures and reporting consistency being complied with
• Payroll - this service involves the maintenance of payroll records and preparing payroll slips for employees The service involves computation of salary, commissions, overtime etc and deductions such as employer CPF, employee CPF tax, etc
• Auditing and assurance - Auditors looks into the works of financial accounting and reporting and does the attest function Auditors examine the books of accounts and other related data; render any of the four opinions in their auditors’ report to include unqualified opinion, qualified opinion, disclaimer, or an adverse opinion
• Taxation – This service on the other hand, is engaged in the compliance with the rules and regulations of the taxing authority
• Company secretarial – This services can also be provided by the accounting service companies to assist directors in meeting the statutory regulations pertaining to the company
