Accounting
Most Singapore companies must file their financial statements with ACRA in XBRL format. We prepare full and simplified XBRL, validate it in BizFinx and file it together with your annual return, at a fixed fee with fast turnaround.
Singapore-incorporated companies that are insolvent or have corporate shareholders generally file a full set of XBRL financial statements. Smaller solvent companies typically qualify for Simplified XBRL, a reduced data set. Certain entities, such as those regulated by MAS or limited by guarantee, follow different rules. The format is decided by your company’s profile, not your preference, and getting it wrong is the most common reason filings bounce. We confirm the correct format before we start, so the filing passes validation the first time.
Not sure where to start?
Tell us where your books stand. An expert accountant replies within one working day.
It depends on solvency, size and shareholder structure. We check your position against the current ACRA requirements and prepare the correct format.
Yes. We take over rejected or error-laden filings, correct the mapping and re-validate until ACRA accepts. This is a fixed-fee rescue, not an hourly meter.
Straightforward sets are usually ready within three working days of receiving the financial statements. Urgent annual-return deadlines can be accommodated. Tell us the date and we will be honest about feasibility.
Usually not. The signed financial statements and your ACRA entity profile are enough for us to map, validate and file.
No, the XBRL financial statements are attached as part of the annual return lodgement. We handle both together so nothing falls between two stools.
A 30-minute chat, no obligations. We reply within one working day.
Accounting, corporate secretarial, payroll and advisory for Singapore SMEs since 2012.
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Ian & Son refers to the Ian & Son network and/or one or more of its member firms, each of which is a separate legal entity. Contact us to learn more.
