Insights

Insights

Our team at Kreston Helmi Talib is always on the lookout for industry news, and updates that are relevant to our clients whilst we share our insights on how each can impact businesses. Stay tuned to our latest releases to keep abreast of solutions, recommendations, and fresh perspectives on pressing issues brought about by the changing business landscape, and global headwinds.

Quarterly E-Newsletter April 2021

April 1, 2021

A Message from the Managing Partner Mr Helmi Talib, Managing Partner of the Helmi Talib Group. I hope this newsletter finds everyone in good health! As life in Singapore slowly returns to pre-covid times, the Helmi Talib Group is pleased to announce 75% of our workforce here are now back in the office. It is…

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Quarterly E-Newsletter January 2021

January 1, 2021

A Message from the Managing Partner Mr Helmi Talib, Managing Partner of the Helmi Talib Group. As we welcome the new year with rejuvenated spirit and hope- I find it important to take a moment to appreciate the successes and lessons we have learnt in 2020. The world witnessed an unprecedented challenge with the onset…

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Helmi Talib & Co featured in ‘Singapore Business Review’

December 12, 2020

Agile and Reliable Accounting at your Service Helmi Talib & Co is all about delivering a responsive quality service. Accounting firms are abound in Singapore because of its reputation as an established global business hub. Helmi Talib & Co, established in 1992, is an accounting firm that prides itself on putting clients’ needs at the…

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Quarterly E-Newsletter July 2020

October 1, 2020

A Message from the Managing Partner Mr Helmi Talib, Managing Partner of the Helmi Talib Group The world is going through unprecedented times of rapid change. With changes taking place every day around us as a result the covid-19 pandemic, it is crucial to stay connected and adapt to the evolving situation as they arise.…

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Quarterly E-Newsletter October 2020

October 1, 2020

A Message from the Managing Partner Mr Helmi Talib, Managing Partner of the Helmi Talib Group As we enter the last quarter of the year 2020, there is an air of renewed positivity and energy that comes with it. Amidst these difficult times, the Helmi Talib Group continues to make every effort to usher in heydays with inherent dynamism. For…

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Quarterly E-Newsletter April 2020

April 1, 2020

A Message from the Managing Partner Mr Helmi Talib, Managing Partner of the Helmi Talib Group The first quarter of the year 2020 has certainly witnessed unprecedented challenges with the outbreak of the Covid-19 pandemic, creating a rippling effect in the economy which is likely to have a lasting impact. Given the situation, it is…

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More Industry Insights

Amendments to IAS 21 (Lack of Exchangeability)

The existing International Accounting Standards (IAS) 21, otherwise known as 'The Effects of Changes in Foreign Exchange Rates', provides guidelines and references for companies in using a spot exchange rate or rate for immediate delivery to report foreign currency transactions, present financial statements in a different currency, or translate a foreign operation.

As businesses expand and the world grows smaller, challenges start to arise, resulting to the need for the standard to evolve alongside the market demands.

Liquidation and Receivership
Singapore
Final GST Rate Change Effective 01 January 2024 - What does this mean for your Business?

Starting 01 January 2024, the second Goods and Services Tax (GST) rate increase will be in effect. One of our Tax Directors, Sharifah Nabihah Syed Mahmood has summarised a list of reminders, solutions, and preparations you can refer to for another seamless transition.

The Role of Generative AI in the Accounting Profession

With the rise of using humanoid Artificial Intelligence in the workplace, where do accountants find the balance between the benefits and doom it brings?

AI in the Workplace
Amendments-to-IAS-21-Lack-of-Exchangeability
International Presence
Why Outsourcing your Accounting Needs is the New Normal

Statutory compliance is getting stricter by the day. Along with the global economic decline, rapidly changing market demands and countless other challenges, keeping up with the standards and focusing on profit-generating areas of the business may not be an easy task.

This is where outsourcing your accounting needs to the experts may be a viable solution.

Step-by-step Guide in Incorporating to Singapore

Before maximising Singapore's rapid economic growth, the following requirements are note-worthy for a quick and continuous application process. You can prepare these by going through the list or you can assign a filing representative and expert agents who will complete the documents and processes on your behalf.

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