Accounting
For holding companies and multi-entity groups: consolidated financial statements with eliminations, non-controlling interests and disclosures done to SFRS. The group picture your banker and your own decisions depend on.
A Singapore company that controls one or more subsidiaries generally prepares consolidated statements unless an exemption applies, and the exemptions are narrower than most directors assume. The structures we see most are investment holding companies above operating entities, chain businesses with one company per outlet, and family groups holding property and operations side by side. In each, the mechanical work is inter-company hygiene: loans, management fees and trading balances that must agree before anything can be eliminated. We keep those reconciled through the year so consolidation is assembly, not archaeology.
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Broadly, when your company controls one or more subsidiaries and no exemption applies. Common for investment holding and multi-outlet structures. We assess your specific position before quoting.
No. We map each entity’s trial balance into a common consolidation format regardless of the software it runs on.
Transactions between group companies, loans, management fees, internal sales, must be removed so the group statements show only dealings with the outside world. Clean inter-company records make this routine.
Yes. Many groups give us the whole stack: entity-level books, the group consolidation and XBRL for every company. One team, one calendar, no finger-pointing between firms.
The small-company audit exemption applies at group level too: the group as a whole must meet the size criteria. We check this early because it changes the timeline.
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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