5 Top Accounting Firms In Singapore
As the most proficient business hub in Southeast Asia, it is only logical to expect a high number of complimentary services like accounting. Thus, there are several accounting and auditing firms in the city, which provide services to both local and international companies. If you are looking for a credible firm to entrust your accounting responsibilities to, it is important to know the key players in the industry. You need to be sure that the team can handle your financial accounting needs effectively. Although many firms provide accounting solutions, their service delivery differs significantly. Thus, the list of the 5 top accounting firms in Singapore is made up of international firms that have or are still offering their services to Fortune 500 companies.
It is an abbreviation of Klynveld, Peat, Marwick and Goerdeler. KPMG is a conglomerate of William Barclay Peat and Co, Marwick Mitchell and Co and Mclintock, which merged in 1987. It is a renowned accounting firm with years of indisputable service delivery. The firm serves both local and regional businesses from its numerous branches in many parts of the world. Popularly known as EY, this one has its operations in many countries. It is headquartered in London and it is one of the top professional services providers in the world. This is yet another one of the top accounting firms in Singapore. Today’s company is a merger between Arthur Young Co. and Ernst & Whinney. This company is famed for providing exemplary accounting and auditing solutions to large organizations. They have been in the business for a long time, offering their services to Fortune 500 companies. PWC is a popular brand name in the accounting sector, with its branches spread all over the world. The company is also known to have some of the most qualified accounting professionals in the corporate world. They are also highly esteemed for their unquestionable reliability in the delivery of professional services. This is another company to look out for while selecting a worthy firm for your accounting responsibilities. It is a result of a series of mergers, after which in 1989 it adopted Deloitte Touche Tohmatsu as its name. Based in London, it serves both the domestic and international enterprises. It has been in operation for a long time. This is also a popular accounting firm outside the Big 4 accounting companies in the world. It is among the fastest growing firms in Singapore. They offer accounting and tax services to organizations in the country and across the region. In addition, they give business advisory services, to startups in Singapore. Their staff exhibits technical competence in their delivery of accounting and other professional services.
KPMG
Ernst & Young
Price Water House Coopers (PWC)
Deloitte Touche Tohmatsu
RSM Chio Lim
Why smaller accounting firms is a good choice too?
There, we have listed the Big Four professional services giants in the world. These include KPMG, PWC, Deloitte and Ernst & Young. The more well known it is, the costlier their services will be. However, this does not limit you to the four or five companies only because in Singapore, there are many more providers. It does not matter how long a professional services firm has been in business. The most important thing is to know that they will exhibit professionalism right from the first day. Therefore, if yours is a startup organization, there is no sense in hiring the expensive services of the big four while you could get similar services at a lower fee, yet the quality are not compromised. Here are some startup accounting packages suitable for newly incorporated company.
If you are looking for a smaller firm located in Singapore that provides equal level of professional service to the Big 4 firms, then you will be glad to know that J Accounting Services is an ideal choice. We do have a team of dedicated professional accountants and advisors for your small businesses, providing quality services in Singapore. If you are keen to find out more about the accounting and its related professional services we have to offer you, do visit our website here.