Our Corporate Services Are Aimed At Making Your Work Easier
As you all know the ACRA has made it
compulsory for companies to submit their returns and financial statements in
XBRL format from 01 November 2007. This is a language that is used for reports
and statements for business purposes all over the world. There are many
advantages to filing the statements using XBRL. It helps both the company and
the ACRA.
XBRL stands for Extensible Business
Reporting Language. The main advantage of filing your financial statements in
this language is not they can be retrieved directly and communicated for
further use such as audit and analysis. This will help the company also in
analyzing their financial performance.
The authorities can improve the
regulatory process in a more transparent and timely way. They can release financial information faster. The report is easily accessible. As it is in the
open environment any company can retrieve their competitors’ financial data and
compare with their own. This will help many companies to correct their course.
All incorporated companies are
expected to submit their financial statements in the XBRL format. Though it is
a good method, companies may find it difficult to fill out the details in this
format. You can hand over your XBRLfiling to Singapore Accounts, which is a well-established corporate
services provider. We have expert accountants who can do the entry in XBRL and
do the filing properly for your company. We have the necessary experts and
experienced persons to do this job in a perfect manner.
Another valuable service that we provide to
entrepreneurs are to help with registering and incorporating their companies.
Though it is a simple job for those who know the procedures, for a new
businessman or a foreigner it is a job that needs help from an expert.
Singapore Accounts is an expert agency in getting companies registered. We know
the procedures and we can get the job done easily for you. All you need to do
is to get the documents signed by the directors and hand over to us. For
foreign companies, they can even send the documents online and we will complete
the job here. As we are very knowledgeable about how to register a company in Singapore we get the job done quickly and
perfectly.
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