As contractors are challenged with the unfamiliarity and complexity of shifting markets, manpower shortages as well as the pressure to adopt new technologies, we provide the clarity needed to identify profitable projects and grow with confidence.

How we support?

We help building, construction and engineering businesses with:

  • Proper accounting treatment that complies with the Singapore Financial Reporting Standards (SFRS).
  • Compliance with statutory requirements through audit services designed to provide reasonable assurance that the financial statements are not materially misstated and are presented fairly in accordance with applicable accounting standards as well as relevant statutory requirements.
  • Preparation for businesses' next stage of growth. We have the right expertise in IPO grooming, transition and exit management.
  • Valuation assessments relating to financial reporting (i.e. valuation of financial instruments, assets and liabilities).
  • Litigation support (i.e. dispute resolution, financial modeling and expert testimonies) where needed.
  • Management of back end cost by outsourcing of accounting functions which can be routine and/or voluminous. Our team provides drafting of Financial Statements and XBRL Conversion for yearend reporting.
  • Contract Accountant or Contract Staff Services when businesses need any short term resources urgently or on project basis.

Sage 300 implentation for property owners and developers

  • Financial modules like AR/AP/GL/Cashbook/Fixed Assets.
  • Control over AP processing, automate preparation of payment vouchers and cheques at project level.
  • Bulk AR & AP processing via Internet Banking. (use of BankLink)
  • Tracking of Inventory or Fixed assets using barcode.

Sage CRM

  • Management of properties owned/leased tracking customer activities or business communications.
  • Integration with email services for communication.

We help building, construction and engineering businesses with:

  • Data mining & organisation and data analytics to help businesss make better decisions.
  • GST analytics to help streamline work processes, minimise eye-balling and enhance controls at GST reporting level.
  • Analysis of trends in project profits within defined business rules.
  • Detection of variations in tender estimates, budgets and key project costs such as engineering, manpower and material expenses.
  • GST analytics to help streamline work processes, minimise eye-balling and enhance controls at GST reporting level.
  • Data analytics in evaluating rental versus sales performance, sales analysis & traffic analysis by Floor Plan
  • Profit maximisation and performance improvement in marketing strategy, customer behaviour and sales trend.

We help building, construction and engineering businesses with:

  • Implementation of practical GST compliance processes that do not hamper daily operations.
  • Review and preparation of contemporaneous documentation and/or global group transfer pricing policy.
  • Verification of registered personnel (with EP or S-Pass) stay in Singapore under the BCA’s Continuing Education & Training requirement.
  • Certification of Value Added Productivity figure (mandatory annual declaration for A1 to B2 firms registered under Construction Workheads of BCA Contractors Registry).
  • Management of GST risks using the GST Assisted Compliance Assurance Programme. (ACAP)
  • Singapore corporate tax compliance filing requirements.
  • Singapore withholding tax filing requirements.
  • Handle adhoc tax queries from the tax authority, including tax ruling requirements.
  • Advisory on GST pain points to avoid.
  • Fulfilment of tax compliance obligations, identification of company tax risks and tax planning opportunities.
  • Partial exemption guidance for construction companies involved in sale/lease of workers' dormitories.
  • Support mergers and acquisitions, including tax effective holding structure and due diligence work.
  • Review and preparation of contemporaneous documentation and/or global group transfer pricing policy.
  • Compliance monitoring and regulatory framework reviews.
  • Evaluation of data protection practices.
  • Assessment of level of health and safety awareness and compliance.
  • Compliance benchmarking and gap analysis.
  • Implementation of sustainability reporting frameworks in accordance with GRI, define sustainability metrics and report on sustainability initiatives.
  • Cyber security risk assessment and IT security e.g. unauthorised access to confidential project tenders/contracts.
  • General IT infrastructure needs.
  • Reduction of payroll paperwork and timely delivery of payslips.
  • Accurate and timely payroll.

We help building, construction and engineering businesses with:

  • Evaluation of project cost control measures including subcontracting practices, variation order and claims management as well as procedures to handle contingent costs and additional costs to complete.
  • Improvement of cash flow management and enhancement of cash flow forecasting.
  • Optimisation of returns from capital commitments.
  • Analysis of ‘go/ no go’ investment and acquisition options.
  • Facilitation of loan restructuring and analyzing impact of additional financing.
  • Identification of investment opportunities through acquisition due diligence, strategic restructuring and transactions management.
  • Valuation services in areas such as transaction valuation, business planning, IP valuation, machinery and equipment valuation.

We help building, construction and engineering businesses with:

  • Review of tendering and bid assessment processes as well as evaluation of milestone certification and progress billing practices to ensure project revenue is properly recognised.
  • Implementation of profit improvement projects.
  • Improvement of working capital management and benchmark working capital practices.
  • Support M&A initiatives at various stages of the acquisition and deal process. (i.e. strategic acquisitions, sale and divestments, mergers and joint ventures, Management Buy-Outs, Fund raising)

Our specialists

Partner & Head of Business Consulting

Contact us

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