Do startups need to hire a professional accountant?
It depends on the owner’s background and expertise. If a business owner has no clue where to start and the basic accounting knowledge, it is best to hire one to make sure [...]
How do I evaluate if I should hire a professional accountant for my business?
You should consider hiring a professional accountant for your business if you are not familiar with Singapore’s corporate tax regulations, requirements, and tax laws. It is also a sign to hire a [...]
Should only big companies consider outsourcing their accounting functions?
No, Small companies who has just set up their company should and can employ outsourced accountants to help with the accounting functions especially if the owners do not have any accounting knowledge [...]
Is it safe to outsource accounting functions?
When choosing a service provider, you should review their security measures, their data storage, data security and staff awareness. By outsourcing, it also promotes less fraud as a third party will be [...]