Remove Account Receivables Remove Corporation Tax Remove Financial Records
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Managing Finances and Accounting in Singapore’s Beauty and Spa Industry

Counto

Gain Insight: Choose software that provides detailed tracking of income, expenses, and overall financial performance to maintain a clear view of your business’s financial health. Maintain Separate Business and Personal Accounts Avoid Confusion: Keep business and personal finances separate by opening distinct bank accounts.

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Understanding Audit Requirements for Private Limited Companies in Singapore

Counto

Fieldwork: The auditor reviews your financial records, such as invoices and bank statements, and interviews key personnel. Review and Testing: The auditor tests your financial data for inconsistencies or errors. Example: A small marketing agency’s pre-audit review reveals discrepancies in accounts receivable.