Non-Audited Financial Report Services in Singapore
SFRS Compliant Accounts Balance Sheet, Profit & Loss, Cash Flow, Equity and Notes to Accounts — Free if you pay for accounting service package.
The Problem
The Compliance Misconception Trap
Misunderstanding Audit Exemption Many companies assume that staying under S$10M revenue means they don’t need full financial statements — but audit exemption does not remove the reporting requirement.
SFRS Compliance Is Still Mandatory Every private company must prepare a complete set of SFRS-compliant financial statements annually, regardless of size or audit status.
Spreadsheets Aren’t Legally Recognized Internal Excel records often miss required disclosures and formats, making them insufficient for ACRA and IRAS submissions.
Risk of Penalties and Rejected Filings Incomplete or non-compliant statements can lead to filing delays, penalties, and issues during your Annual Return or Corporate Tax submission.
We prepare your complete set of financial statements: Profit & Loss, Balance Sheet, and notes—fully aligned with Singapore Financial Reporting Standards (SFRS), even if you are audit-exempt.
ACRA & IRAS-Ready Documentation
Your statements are structured to meet the exact requirements for both ACRA Annual Return filing and IRAS Corporate Tax computation, ensuring smooth submission with no rejections.
Accurate Records That Protect You
By replacing spreadsheets with professionally prepared, compliant statements, you eliminate filing risks, avoid penalties, and maintain a clean regulatory history.
Strategic Benefits
The Value of High-Quality Unaudited Data
Preparing a professional report, even without an audit opinion, provides powerful advantages for growth and stability.
Superior Internal Decision-Making
Unaudited reports provide the core financial intelligence for management. Using accurate, SFRS-compliant data allows you to make better strategic decisions regarding investment, budgeting, and controlling expenses.
Easier Access to Financing and Grants
Banks, lenders, and government agencies (for grants like the EDG) rely on the quality of your financial statements to assess viability. High-quality reports significantly increase your credibility when applying for loans or renewals
Stakeholder Trust and Credibility
A well-prepared, compliant report signals strong corporate governance and management competence to potential suppliers, major clients, and investors, leading to better contract terms and partnership opportunities.
What is Included in Your Annual Financial Report?
The unaudited report (Compilation of Accounts) is a comprehensive set of documents required for legal purposes, but which also drives your internal strategy.
A complete view of your financial health, essential for internal management and external stakeholders :
Statement of Financial Position (Balance Sheet)
Statement of Comprehensive Income (P&L Statement)
Statement of Cash Flows
Statement of Equity Changes
The NTAs are not optional; they are a mandatory disclosure requirement under SFRS. They provide crucial context on:
Significant accounting policies used.
Material transactions and judgments.
Contingent liabilities and future commitments (e.g., leases, legal risks).
Preparation and filing of the required set of Unaudited Financial Statements or the simpler financial statement summary (where applicable) alongside the AR submission.
Quick answers to filing-related questions throughout the process from your dedicated corporate secretarial professional.
Simple no-tricks pricing
Fixed Price. No Hidden Fees. Guaranteed.
Our Annual Financial Report Service
Our service ensures every small business meets legal requirements and stays fully compliant with ACRA and IRAS, without the complexity of doing it yourself.
What's included
Detailed preparation of the four essential statements: Balance Sheet, P&L, Cash Flows, and Equity Changes.
Compilation of a complete unaudited annual report for filing and internal review.
Notes to Financial Statements covering accounting policies, significant transactions, and contingent liabilities.
If you need assistance with accounting services in Singapore, our team is ready to help. Reach out to Acrafile with any questions or support you need, we’re here to guide you.
Location
111 North Bridge Road, #08-11 Peninsula Plaza, Singapore 179098
