The biggest impact IT has made on accounting is the ability of companies to develop and use computerized systems to track and record...

Owners of a company who are not involved in the management of the company derive value from a third party opinion on the truth and...

The functional currency of a company is the currency that is widely used (or transacted in) by a company in normal daily business....

Under the Singapore Companies Act, a company must have at least one director who is ordinarily resident in Singapore. Being “ordinarily...

Since Year of Assessment (YA) 2010, a company is taxed at a flat rate of 17% on its chargeable income regardless of whether it is a local...

​With effect from 1 July 2015, the exempt private company approach is replaced by the new small company concept, which exempts a company...