Our ES-Accounting services encompasses the problems in measuring the financial effects of economic activity. Furthermore, accounting includes the function of financial reporting of values and performance measures to those that need the information.Business managers, investors, and many others depend on financial reports for information about the performance and condition of the entity.
Our in-house accountants at Excellence Singapore prepare reports based on the information accumulated by the bookkeeping process: financial statements, tax returns, and various confidential reports to managers. Measuring profit is a critical task that accountants perform – a task that depends on accuracy of the information recorded by the bookkeeper. The accountant decides how to measure sales revenue and expenses base on the Singapore Financial Reporting Standards and/or Generally Accepted Accounting Principles (GAAP) to determine the profit or loss for the period.
You may refer to Quickbooks Online® for more information