Financial Report Compiling

Simple, compliant financial report filing for Singapore.

What Is Financial Report Compilation?

Financial report compilation in Singapore involves the professional arrangement of unaudited financial data—such as profit and loss statements, balance sheets, and cash flow statements—into a clear, organized report.

This process provides a transparent overview of your business’s financial health for stakeholders, authorities, and management.

Why Is Financial Report Filing Essential in Singapore?

Under the Singapore Companies Act, all private limited (Pte. Ltd.) companies must prepare and file financial statements that comply with the Act and Singapore Financial Reporting Standards (SFRS).

Even if you are audit-exempt, accurate financial statement preparation and timely submission to ACRA are mandatory.

Filing accurate financial statements is vital for regulatory compliance, investor trust, and sound business decision-making.

Why Outsource Financial Statement Compilation?

Compiling financial statements in line with Singapore’s regulations can be complex, especially without in-house expertise.

Guaranteed Regulatory Compliance: Your reports meet all requirements under the Companies Act and SFRS.
Accuracy & Reliability: Our experienced accountants minimize errors and deliver precise reports.
Resource Savings: Free your team from technical accounting tasks and avoid costly late or incorrect filings.
Integrated Solutions: We seamlessly coordinate with your corporate tax and GST compliance needs.

Our Financial Statement Compilation Services

①
Income Statement – Tracks revenue, expenses, and profit or loss.
②
Balance Sheet – Shows assets, liabilities, and shareholders’ equity.
③
Cash Flow Statement – Monitors business liquidity.
④
Statement of Changes in Equity – Details equity movements.
⑤
Statement of Capital Transactions – Records capital flows and investments.
⑥
Accounting Policies – Outlines reporting standards applied.
⑦
Explanatory Notes – Provides clarity and context to financial data.

Why Choose Terra Advisory Services?

Expertise in Singapore Regulations: Our team is highly skilled in SFRS and the Companies Act.
End-to-End Service: From data gathering to final filing, we handle it all.
Transparent Pricing: No hidden fees—just professional, reliable support. Request a quote today!
Actionable Insights: Well-compiled statements support better business decisions.

Frequently Asked Questions

Who needs to file financial statements?: All Pte. Ltd. companies in Singapore must prepare and file financial statements, even if audit-exempt.
What happens if I miss the filing deadline?: You may face penalties or other issues. We ensure timely compliance.
What do I need to provide for compilation?: Typically, you’ll need bank statements, transaction records, previous financials, and supporting documents. See our resources for a checklist.

Take the Stress Out of Financial Reporting

Let Terra Advisory Services manage your financial report compilation and filing—so you can focus on growing your business.