Singapore Expats

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by ArtofLife
Thu, 05 Jun 2014 10:21 pm
Forum: Business in Singapore
Topic: Outsourcing your Bookkeeping / Accounting Function
Replies: 29
Views: 23666

65% of all our revenue is garnered via government contracts across 4 companies of which only one is >5M (barely). All government tenders for BCA registered companies, anyway, (not sure about other industries) require audited financials unless you have a long track record with them. Oops, my reply f...
by ArtofLife
Thu, 05 Jun 2014 12:28 pm
Forum: Business in Singapore
Topic: Outsourcing your Bookkeeping / Accounting Function
Replies: 29
Views: 23666

65% of all our revenue is garnered via government contracts across 4 companies of which only one is >5M (barely). All government tenders for BCA registered companies, anyway, (not sure about other industries) require audited financials unless you have a long track record with them. Oops, my reply f...
by ArtofLife
Thu, 05 Jun 2014 11:37 am
Forum: Business in Singapore
Topic: Outsourcing your Bookkeeping / Accounting Function
Replies: 29
Views: 23666

Additionally, try tendering for a government contract. No audited financials, no tender. This i agree. Most of the government jobs require audited statements however regarding strong eagle post, i disagree. Even right now as I am typing this reply, my loan and business facilities sourcing team are ...
by ArtofLife
Wed, 04 Jun 2014 12:52 pm
Forum: Business in Singapore
Topic: Outsourcing your Bookkeeping / Accounting Function
Replies: 29
Views: 23666

Company debit/credit cards are available for unaudited accounts. So... you think a bank is going to take a set of financials that could have been completely made up? Unaudited means that no second set of eyes (eyes which can be sued for failure to follow the rules) has looked at your clever recordi...

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