Start-ups and small and medium enterprises (SMEs) in Singapore have always faced challenges in globalisation due to their lack of resources, inadequate understanding about the regulatory environment and the difficulty of building a strong local foundation. However,...
When starting a new business, a great business idea is not enough to succeed. Market analysis is just as important to continuously fuel business ideas and learn more about the target customers. Using findings from analyses will allow small & new businesses to...
Types of Audit Risk There are 3 types of audit risk faced by companies, namely Inherent risk, Control risk and Detection risk. Inherent risk is the susceptibility of an assertion about a class of transaction, account balance or disclosure to a misstatement that could...
Preface: Our Experiences Ryan has worked and managed teams remotely in different capacities for most of his 10 year business career. He has past experience as a regional COO of a Singapore-based private equity firm investing in East-Africa. He also started and scaled...
Forbis & Aspire Partnership Offer for SMEs and Sole Proprietors Apply For Free Now and Enjoy S$50 Cash Rebates We are excited to let you know that you are eligible to enjoy a special offer from our partner, Aspire. Aspire is a financial technology company that...
Download the PDF version of the Working Paper Here. Overview This paper considers the changes in the business environment due to the coronavirus and the new challenges and opportunities that it brings to businesses. The paper will focus on discussing potential...
The recent COVID-19 Coronavirus spread has affected business in adverse ways – in particular, consumer-facing ventures like retail and F&B. Being privy to financial information of a wide variety of companies from various industries, we see firsthand the...
An accountant embezzled 4 Million SGD from a company in Singapore and remitted it home to the Philippines.It emphasises the importance for company directors and management to have an understanding and keep an eye on financials, and to also enact certain safeguards.A...
Taxation Matters Report (Singapore & Hong Kong) Taxes are on top of the agenda for any entrepreneur and one of the key considerations for setting up a business in a given jurisdiction. One of Singapore’s unique advantages is its low effective personal and...
Singapore is quickly adopting new technologies everyday. We’re proud to see that #SGTech is pushing for SME and #SMP firms to innovate to make Singapore a true smart city! We have come far in terms of technology but we should always aim to improve the world...