Understanding the cash flow statement is essential for businesses in Singapore to manage their finances, maintain liquidity, and ensure financial stability. The cash flow statement, as a crucial component of the financial reporting framework, provides insight into cash movements within...

In Singapore’s dynamic business environment, financial reporting plays a crucial role in reflecting a company’s financial health and performance. Among the core financial statements, the Statement of Comprehensive Income stands out as an essential tool that showcases a company’s overall...

The Statement of Financial Position, often referred to as the balance sheet, is a core financial statement that details a company's financial standing at a specific date. For Singapore companies, this statement is prepared in compliance with the Singapore Financial...

Financial reporting is the backbone of business transparency and accountability in Singapore's dynamic economic landscape. For any company operating here, from a promising local startup to a major multinational corporation, understanding this process is essential. It's more than just a...

What Businesses Need to Know in 2025 Financial reporting standards are continually evolving to meet the demands of transparency, accountability, and comparability in today’s complex economic environment. Among these, International Financial Reporting Standards (IFRS) play a pivotal role for organisations...