Drbiz: Chartered Accountant Singapore Best Team for your Business

 

Drbiz: Chartered Accountant Singapore Best Team for your Business



If you run a business, are an angel investor, or self employed employee, I highly recommend that you hire a chartered accountant for your business. CAs are not bean counters. They deal the  valuable work and tax advising, helping you achieve your business goals.

By reading this article, you can make a more informed decision on whether your business requires a Chartered Accountant, and more specifically, why hiring a Chartered Accountant in Singapore has added benefits.

 

 

Accountant singapore

Chartered Accountants - Years of Education

Becoming a CA is by no means an easy task. They spend years in school, must pass 4 qualifying examinations, and must have 24 months of practical experience, before they can obtain their CA designation.

With such rigorous educational requirements, Chartered Accountants have the knowledge to help you and your business.

Chartered Accountants - High Ethical Standards

Chartered Accountants must abide by a professional code of conduct. The mode of  conduct is very lengthy and requires CAs to act expertise, maintain client trust, be independent, and avoid situations involving a issues of interest. It has been said that CAs have one of the most rigorous professional codes of conduct amongst the various professional bodies in Singapore

Where CAs fail to abide by the standards of the profession, they will likely be disciplined, and in some cases expelled from the profession altogether.

Non designated accountants may not belong to a professional body or have a code of conduct to abide by, which can be very worrisome for business owners. If your Accountant isn't accountable to anyone besides himself, what assurances do you have that they will do the right thing?

Chartered Accountants - Tax Experts

Many accountant Singapore provide tax planning and tax preparation services to their clients. However, not every accountant is a tax expert. So what exactly is a tax expert and are CA's tax experts? Drbiz explain this below.

Firstly, tax experts have a great deal of knowledge, or expertise, in the area of taxation. There are different types of tax experts, such as: GST experts, Singapore Income Tax Experts, Estate Tax Experts, and so forth.

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