Compilation of Financial Statement

Package Fee for Compilation of Financial Statements and Reports

Packages Available Fee (SGD) *
Compilation of Unaudited Financial Statements (Comply with Singapore FRS) – Dormant Company From $400
Compilation of Unaudited Financial Statements (Comply with Singapore FRS) – Micro SME From $400
Compilation of Unaudited Financial Statements (Comply with Singapore FRS) – Active Company From $600

* Additional charge from $100 for company with more than 1 category of fixed asset

** Additional charge from $200 for company with hire purchase liability / loans

*** Additional charge from $700 for company with Group Level presentation

**** Additional charge from $500 for company with Construction business and required to comply with FRS 11

****** Additional charge is applicable if there is any investment in Financial Instruments.

******* Additional charge is applicable if the Company’s financial period is more than 12 months.

******** Micro SME refers to a company with less than S$1,000,000 revenue, having simple structure and owns by local individual(s)

Most private limited companies in Singapore are no longer required to have their accounts audited if they satisfy as a small company or belongs to a group which qualifies as a small group.

Exempt private companies — which have no corporate shareholders and no more than 20 individual shareholders — with turnover of less than S$5 million for the accounting year can file unaudited reports. Dormant exempt companies are also exempt from submitting audited reports.

All other companies are required to appoint an auditor within three months of incorporation and be prepared to submit audited reports to ACRA. The accounts must be audited annually.

Accpacco provides full account services, drafting of unaudited financial reports for exempt companies and offering audit service through our associated audit firms. Our associate’s audit services include auditing of financial statements which comply with ACRA’s and IRAS’s statutory requirements.

* All price stated are exclusive of GST