Author Archives: Oohar

What is KYC and AML checks and why are they necessary for my business?

Understanding KYC & AML checks for businesses

You probably seen this two terms being thrown around a lot these few years. Essentially the objective for implementing these are to prevent businesses from being successfully targeted by money launderers and terrorist financiers. Firms, especially those engaging in certain financial activities are required to employ risk based due diligence as mandated by most authorities….

What does it mean for you in this VUCA environment?

VUCA is an acronym that stands for Volatility, Uncertainty, Complexity, and Ambiguity. This term surfaced in the late 1980s and was used to describe the situation the world was in after the Cold Water. Around the globe, there have been many harsh conditions that poses significant challenges to operating a business. Some of them include…

Tax reforms and international trade – BEPS Project

Affordable Accounting & Bookkeeping Services in Singapore

Background International trade has always been back bone of humanity for ages. Humans started to trade via sea thousands of years back in history. But, in recent times, enhanced technology and digitalization have speed up the process. Countries have come closer through increasing communication, contacts, ease of funds transfer, and increased awareness of the products/services…

What are Financial Statements and how do i make sense of and use it to manage my business?

Understanding Financial Statements

Financial statement analysis and managerial perspective of performance The financial statement is considered to be an essential set of business document from an accounting perspective that provides a comprehensive view of the corporation’s financial health at some particular point, providing relevant insights into operations, cash flow management, business performance, and profitability that helps business owners…

Rising trends in the COVID-19 Era

Future proofing for businesses in Singapore

The coronavirus (COVID-19) epidemic has redefined our private life, work, travel, consumption— everything you can possibly think of. The lockdown and restrictions imposed by the pandemic have also severely affected the global economy. We know the next normal, the post-COVID era is going to be different and it will be nothing like the conditions before…

Insights to key investment themes for Singapore 2021

Future proofing for businesses in Singapore

Overview of Regional (APAC) Development Trajectory The global economy is in the midst of a severe crisis caused by the COVID-19 pandemic. The pandemic has negatively affected global economic growth beyond anything experienced in nearly a century. On a good note, the global economy is currently on the road of recovery after a sharp retrenchment…

Setting up your business in Singapore

Future proofing for businesses in Singapore

SUITABLE BUSINESS VEHICLE FOR STARTUPS IN SINGAPORE Are you a budding entrepreneur looking to start your business in Singapore, and wondering which option best suits your company? Then look no further. This article is targeted at helping you learn three vital things. First, you should know that choosing to start your business in Singapore is…