Preparation of Unaudited Financial Statements
In Singapore, filing financial statements with ACRA is still needed even if the company is exempted from audit.
Hence, at Accquik, we want to make sure that you can get your unaudited financial statements completed without any hassle.
Pricing for preparation of unaudited financial statement
| Fee | |
|---|---|
| Dormant Company | From $350 |
| Live Company | From $500* |
| Consolidation | From $1000* |
- $100 for each additional disclosure
- $200 for each additional subsidiary
What we provide & Fees
- Director’s Report & Statement.
- Detailed Profit and Loss Statement Sheet.
- Detailed BalanceNotes to Financial Statement.
- Free E-Signatures
When do you need to prepare unaudited financial statements
In Singapore, a company is qualified to be exempted from auditing its account if it fulfills below criteria to be considered as a small company: –
- It is a private company in the financial year
- It meets at least two of three following criteria for the immediate past two consecutive financial years:
- Total assets must not exceed $10 millions
- Total annual revenue must not exceed $10 millions
- Number of employees at the end of the financial year must not exceed 50
While for company which is a part of the group, both the company and the group must be a small group to be qualified from audit exemption. However, filing financial statements with ACRA is still needed even if the company is exempted from audit. Small companies are still required to prepare unaudited financial statements and file with ACRA to calculate the corporate tax return. The only difference is that small company is exempted from audit, and they are not required to appoint an auditor to get the accounts officially audited.
Fee estimate calculator
Company Status: Active
Fee estimate :
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