An Essential Guide Explaining the Accounts Payable Process Accounts payable refers to the money that a company owes to its creditors. In other words, it means creating an account of the things that your firm has bought in credit, but hasn’t yet paid for. Once you pay the money, the account payable is debited. In…
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Updated Guidelines for RFAs in Singapore and What It Means for Your Business After the feedback and letters from expert organizations including the Chartered Secretaries Institute of Singapore, Institute of Company Accountants, and the Law Society of Singapore, authorities have updated guidelines for RFAs. According to the ACRA, this has been done for “better guidance…
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7 Qualities of a Great Accountant That Make Them Different From Others Who makes a good accountant? This is a question asked by both clients looking for accounting services, and accounting professionals looking to improve the quality of their service. Well, the answer is objective; however, is kind of straightforward. A good accountant should be…
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7 Most Important Accounting Tips for Startups in Singapore Accounting can be confusing to startups; however, it is one of the most important business processes. After all, excellent and accurate financial reports give a company a sense of direction, which will help for its growth. We look at some of the most important accounting tips…
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A Step by Step Guide to Prepare a Balance Sheet for Companies Companies normally prepare a balance sheet every month or on a quarterly basis; the time depending on the frequency of reporting. Well, whichever one it is, you should be careful about creating the sheet in the right way. This is because a balance…
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The Emerging Stronger Conversation on the Economy 2020 The Emerging Strong Conversation (ESC), as part of the Singapore Together Movement, is an avenue for Singaporeans to collectively reflect and reimagine Singapore’s resilient future in a post-COVID society. The webinar encourages Singaporeans to share their views with the Emerging Stronger Taskforce (EST), on specific areas…
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Founder Lawrence Speaks at CSIS Webinar — Public Consultation on Proposed Amendments to the Companies Act The Accounting and Corporate Regulatory Authority (ACRA) set up the Companies Act Working Group in January 2018 to review several areas in the Companies Act (CA). The review was part of ACRA’s effort to ensure that Singapore’s corporate…
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3E Accounting In Virtual Dialogue with Manpower Minister Josephine Teo 3E Accounting has participated in Workforce Advancement Federation (WAF) Virtual Seminar & Dialogue with Manpower Minister Josephine Teo on 11 August 2020. The webinar’s theme focused on how companies can foster resilient and sustainable businesses amidst COVID-19 and was helmed by the following speakers:…
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Managing the Challenges Brought About by COVID-19 Taking place for the first time digitally, the annual event SME Centre Conference 2020 was held on Zoom. Attended by entrepreneurs and SME owners, this year’s focus was on managing the challenges brought about by COVID-19 and other market volatilities. With sharing by Douglas Foo (President of Singapore…
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Virtual Graduation – Accountancy Future Leaders Programme (AFL) 3E Accounting congratulates Founder Lawrence Chai on Graduation from the Inaugural Accountancy Future Leaders (AFL) Programme. Spanning a 10-month time-frame from October 2019 to August 2020, the programme was created with the objective to train future Accountancy sector leaders. The Virtual Graduation of the AFL Programme was…
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SME Portal: Business Transformation During and Post-Pandemic The SME Portal run by Enterprise Singapore and NCS has published 3E Accounting’s expert pieces in its issue pertaining to business transformation during unprecedented times. With a strong focus on minimizing the rippling effects of economic damages, this issue offers alternative perspectives and guidance that Small and Medium-sized…
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3E Accounting’s Virtual National Day Observance Ceremony 2020 As a local home-grown SME, 3E Accounting is committed to playing our part as a responsible corporate citizen, by supporting local graduates through the SGUnited Traineeship Programme to implementing Safe Management Measures and organising the National Day Observance Ceremony to celebrate Singapore’s 55th National Day. Workplace…
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