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Introduction to Auditing Ethics

Introduction to Auditing Ethics

Auditors are engaged by the business entities to evaluate business, projects and individuals. In addition to assessing efficiency of business processes and effectiveness of deployment of workforce, they also verify financial records or statements...

Read More May 22, 2014
Top 5 Compelling Reasons to Outsource Singapore Payroll to a Payroll Services Providing Firm

Top 5 Compelling Reasons to Outsource Singapore Payroll to a Payroll Services Providing Firm

Manual calculation of payroll is very tedious and time consuming. To make things worse, if mistakes occur while preparing the payroll, it can have negative effects on the business. Adverse effects could be seen the form of employee dissatisfaction...

Read More May 21, 2014
Top 3 Reasons for Shifting to XBRL Conversion

Top 3 Reasons for Shifting to XBRL Conversion

Businesses entities, both, unlimited and limited by shares, operating under Singapore jurisdiction, must file their full set of financial statements using XBRL file format. The goal of implementing XBRL is to bring complete transparency in the...

Read More May 17, 2014
5 Reasons Why SMEs Should Outsource their Accounting Processes to an Accounting Firm in Singapore

5 Reasons Why SMEs Should Outsource their Accounting Processes to an Accounting Firm in Singapore

Crunching numbers is a herculean task, and not all entrepreneurs are born with an aptitude for numbers. Add to this dilemma the nuances of starting up a business and things can only get worse. The new entrepreneur has to handle so many things, that...

Read More May 17, 2014
Difference between Auditing and Accounting

Difference between Auditing and Accounting

The terms, bookkeeping, accounting and auditing are not similar in meaning and are used to show different purposes. Business organizations need to put these finance related concepts in practice while preparing timely accounts or audit. SBS...

Read More May 17, 2014
Pros and Cons of Auditing

Pros and Cons of Auditing

Every business owner whether he is a full owner or part-owner like a shareholder wants to know about the health of his business. Auditing is a tool to do just that. SBS Consulting, a Singapore bookkeeping, accounting, and auditing firm, is there to...

Read More May 16, 2014
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