by admin | Nov 6, 2026 | Audit
A small exporter may issue invoices in US dollars, Japanese yen and euros while paying many of its operating expenses in Singapore dollars. Customers settle their accounts at different times, sometimes through foreign-currency bank accounts and sometimes through...
by admin | Oct 29, 2026 | Audit, Kazuma
The Singapore finance team is preparing documents for its annual audit when another request arrives from Japan headquarters. The parent company needs explanations for several balances, a revised consolidation package and confirmation of adjustments before its group...
by admin | Oct 29, 2026 | Audit
A restaurant group sells gift vouchers during a festive promotion. Customers pay immediately, cash collections increase, and management sees a successful campaign. At year-end, however, many of those vouchers remain unused while the accounts show the full proceeds as...
by admin | Oct 22, 2026 | Audit
The consulting team believes it has achieved the agreed result. Its final report shows the expected savings, the project manager considers the assignment complete, and management includes the success fee in the year-end accounts. The client, however, has not confirmed...
by admin | Oct 7, 2026 | Audit
Your recruitment firm invoices a client S$50,000 for temporary staffing. Most of that amount covers the people performing the work, while the balance represents what your business retains. When preparing the accounts, should you record S$50,000 as revenue and the...
by admin | Oct 1, 2026 | Accounting Services, Audit
Your software company has spent months building a new product. Developers are writing code, the product team is testing features, and management expects the platform to generate subscription income for years. When finance prepares the accounts, a question arises:...
