Looking for reliable accounting and bookkeeping services in Singapore? At Chartsworth, we are a Chartered Accountancy Practice dedicated to helping your business succeed. Accounting is our passion, so you can focus on yours. By outsourcing your accounting and bookkeeping to us, you can leave the administrative burden behind and focus on growing your business to the next stage.
Unlock your business potential with Chartsworth, Singapore’s trusted accounting firm. We specialise in supporting small businesses and corporate groups with comprehensive accounting, bookkeeping, and account consolidation services. Our experienced professionals ensure accurate, timely, and compliant financial records, giving you clarity and peace of mind.
Partner with Chartsworth today and spend more time doing what truly matters: running and growing your business.
The business landscape is constantly changing, and we leverage technology to keep your business ahead. Our cloud accounting and bookkeeping services provide a virtual office solution that gives you flexibility and real-time access to your financial data from any device, anywhere. With cloud accounting, you can manage your finances without the cost and complexity of purchasing or maintaining traditional systems and equipment.
At Chartsworth, we combine expertise with innovation to deliver efficient, accessible, and technology-driven accounting solutions that set us apart from other service providers in Singapore.
Accounting & bookkeeping is an essential but time-consuming aspect for every business in Singapore. Doing your own accounting can take up to 12 hours every month (or more). Free up your precious time by outsourcing these services to us.
Your accounts are handled by our professional accountants with extended knowledge and experience. By engaging a trusted accounting & bookkeeping services company in Singapore, you enjoy lower business costs compared to hiring a full-time in-house accountant.
Don’t look back at the end of the financial year and wonder how your business performed. We close your books every month, so you have accurate numbers and detailed reports to make timely business decisions.
Whether you are a start-up or switching your accounting & bookkeeping service provider to Chartsworth, our dedicated expert will be here to assist. We get you onboarded, understand your business, and gather everything we need on your finances.
Say goodbye to paper documents. Snap a phone picture or drag and drop your files onto our online platform anytime. We will organise the documents from there and work on your books. Our expert team is assisted by powerful software and the process is reliable.
We deliver a detailed report containing your profit and loss statement, balance sheet, general ledger, account receivables and payables summary etc. You can easily track business health and run your organisation with a clear picture of the numbers.
Our accounting services doesn’t stop at monthly financial reporting. We cover compilation of annual financial statements, tax preparation and annual returns filing with ACRA. We keep track of filing deadlines so you don’t have to.
We provide comprehensive accounting solutions designed for businesses at every stage of growth.
Select the plan that best fits your company’s needs and compliance requirements.
S$1,800 per year
Ideal for businesses that only need yearly accounting and tax submissions.
S$3,000 per year
Perfect for businesses requiring quarterly financial updates and compliance reviews.
S$400/mth, paid annually
Or $500/mth, paid monthly
Best suited for growing businesses needing regular financial oversight.
S$550/mth, paid annually
Or $690/mth, paid monthly
Tailored for established businesses requiring regular reports.
Can’t find a plan that fits you? No worries, contact us directly or request a callback from us and we can customize a plan that fits your requirements.
We offer the following service to meet your specific business needs.
Get in touch with us if you need a customised solution
Preparation of annual financial statements
from S$700
Tap on our services to compile the annual financial statements based on your management accounts
Preparation of consolidated financial statements
from S$1200
When your company needs to present financial statement of the parent and subsidiary as a single entity
Account consolidation service (parent company with 1 subsidiary)
from S$1500
Reconstruction of accounts
from S$1200
When your company needs to reconstruct financial records for audit or tax purposes.
Liaison with Auditor
from S$1200
Liaise with external auditor and handle auditors’ queries on your behalf
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Singapore, you’re welcome to come by our office to meet them!
We will never outsource any work offshore. They are taken care by a carefully selected team of professional accountants who have tremendous knowledge about accounting and Singapore Financial Reporting Standards (SFRS).
We help entrepreneurs, small businesses and medium-sized firms with all accounting and bookkeeping services for their business needs. Whether it’s ensuring that your financial statements are accurate and up-to-date or providing a hassle-free experience in filing your corporate taxes, you can have full confidence when you choose from our extensive range of services.
Depending on the plan you pick, we handle the accounting transactions at the end of every month or year, prepare management reports for your business decision-making, and compile financial statements for statutory filing purposes in Singapore.
Our accounting plans are based on an annual subscription model according to the Financial Year. We offer transparent pricing determined by the number of journal entries in a month. No hidden cost!
An accounting journal entry is a record of a financial transaction in a company’s accounting system. It is the first step in the accounting process and involves the systematic and chronological recording of business transactions. Each journal entry includes at least two accounts—one account is debited, and another account is credited.
We provide a range of online accounting software solutions tailored to the needs of small and medium businesses. Being cloud-based, these platforms allow you to access real-time financial information from anywhere, enabling timely and informed business decisions.
As certified advisors and partners for multiple leading accounting software providers, we stay committed to helping businesses embrace technology. At Chartsworth, we understand the importance of evolving with the times. By transitioning from traditional, paper-intensive accounting methods to efficient cloud-based systems, we help businesses streamline operations and stay competitive in today’s fast-paced environment.
Depending on the scale of your business operation, you may or may not need an in-house accountant or a full-fledged finance team. By engaging Chartsworth as your accounting services provider in Singapore, our team of qualified accountants can handle your accounting and bookkeeping for a fixed fee every month. Our rates are affordable as we are using fintech solutions and AI to automate our processes.
Financial statements are prepared at least annually to provide information of the company to its users to help them make informed decisions. The users include present and potential investors, lenders, creditors, customers, governments agencies and the public (for listed companies).
Financial statements are prepared in accordance with Singapore Financial Reporting Standards (SFRS). A complete set of financial statements includes a statement of comprehensive income, statement of financial position, statement of changes in equity, statement of changes in cash flow and notes.
Do note that under the Companies Act, directors are responsible to maintain proper accounting records to enable the preparations of true and fair financial statements. Failure to comply may result in a composition sum payable to ACRA or court prosecution. Whether you’re looking to save time or meet important filing deadlines, Chartsworth’s financial statement services can be an invaluable tool to ensure accuracy and compliance with regulations.
XBRL stands for eXtensible Business Reporting Language. It is a format implemented internationally for financial reporting, which gives greater transparency as data can be analysed almost immediately with software tools.
Currently, all companies incorporated in Singapore are required to file annual financial statements with ACRA in the XBRL format as part of the Annual Return filing, except for companies that meet the exemption criteria i.e. exempt private companies (EPC) that are solvent, companies limited by guarantee etc.
For private limited companies that meet the definition of smaller and non-publicly accountable companies, you may file the financial statements in the Simplified XBRL template instead of the Full XBRL template.
A smaller company refers to a company with revenue not more than S$500,000 and total assets not more than S$500,000 in the Financial Year covered by the financial statements. A non-publicly accountable company refers to a company that is not listed or in the process of listing on securities exchange in Singapore, not listed on an exchange outside of Singapore and is not a financial institution.
There are two scenarios where a company would register for GST:
