{"id":544,"date":"2017-05-25T13:37:00","date_gmt":"2017-05-25T05:37:00","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/?page_id=544"},"modified":"2017-07-28T16:20:26","modified_gmt":"2017-07-28T08:20:26","slug":"compilation","status":"publish","type":"page","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/compilation\/","title":{"rendered":"Compilation"},"content":{"rendered":"<section class=\"kc-elm kc-css-52655 kc_row\"><div class=\"kc-row-container  kc-container\"><div class=\"kc-wrap-columns\"><div class=\"kc-elm kc-css-776700 kc_col-sm-4 kc_column kc_col-sm-4\"><div class=\"kc-col-container\"><div class=\"kc-elm kc-css-18329 widget-area kc-wp-sidebar\"><div id=\"bunch_services_posts-4\" class=\"service-sidebar widget widget_bunch_services_posts\">\t\t\r\n        <ul class=\"service-catergory\">\r\n            \t\t\t\r\n\t\t\t<div class=\"widget-content\">\r\n\t\t\t\t<ul class=\"list\">\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/\">Our Services<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t<\/ul>\r\n\t\t\t<\/div>\r\n\t\t\t\r\n\t\t        <\/ul>\r\n        \r\n        <\/div><div id=\"bunch_services_posts-3\" class=\"service-sidebar widget widget_bunch_services_posts\">\t\t\r\n        <ul class=\"service-catergory\">\r\n            \t\t\t\r\n\t\t\t<div class=\"widget-content\">\r\n\t\t\t\t<ul class=\"list\">\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/companyincorporation\/\">Company Incorporation<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/corporatesecretarialservices\/\">Corporate Secretarial Services<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/taxation\/\">Taxation<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/bookkeeping\/\">Book Keeping<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/compilation\/\">Compilation<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/offshorecompanyincorporation\/\">Offshore Company Incorporation<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/administrativesupport\/\">Administrative Support<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/payrollservice\/\">Payroll Service<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/advisoryandbusinessconsultancy\/\">Advisory and Business Consultancy<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t<\/ul>\r\n\t\t\t<\/div>\r\n\t\t\t\r\n\t\t        <\/ul>\r\n        \r\n        <\/div><\/div><\/div><\/div><div class=\"kc-elm kc-css-263890 kc_col-sm-8 kc_column kc_col-sm-8\"><div class=\"kc-col-container\"><div id=\" \" class=\"kc-elm kc-css-820209 kc_row kc_row_inner\"><div class=\"kc-elm kc-css-126995 kc_col-sm-8 kc_column_inner kc_col-sm-8\"><div class=\"kc_wrapper kc-col-inner-container\"><div class=\"kc-elm kc-css-374004 kc_shortcode kc_single_image\">\n\n        <img decoding=\"async\" src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/wp-content\/uploads\/2017\/07\/Compilation-01.jpeg\" class=\"\" alt=\"Compilation\" \/>    <\/div>\n<div class=\"kc-elm kc-css-686007\" style=\"height: 20px; clear: both; width:100%;\"><\/div><\/div><\/div><div class=\"kc-elm kc-css-525459 kc_col-sm-4 kc_column_inner kc_col-sm-4\"><div class=\"kc_wrapper kc-col-inner-container\"><div class=\"kc-elm kc-css-409258 kc-animated kc-animate-eff-fadeIn kc-dropcaps\">\n\t<span class=\"dropcaps-text\">C<\/span><p>ompilation is often the result of an accounting service known as write-up work. With compilations, or compiled financial statements, the outside accountant converts the data provided by the client into financial statements without providing any assurances or auditing services.<\/p>\r\n<p>&nbsp;<\/p>\r\n<p>Most private limited companies in Singapore are no longer required to have their accounts audited if they satisfy certain conditions.<\/p>\r\n<\/div>\n<\/div><\/div><\/div><div class=\"kc-elm kc-css-378565 kc_row kc_row_inner\"><div class=\"kc-elm kc-css-962795 kc_col-sm-12 kc_column_inner kc_col-sm-12\"><div class=\"kc_wrapper kc-col-inner-container\"><div class=\"message-boxes kc-elm kc-css-468767 kc-animated kc-animate-eff-fadeInLeft\">\n\t<div class=\"message-box-wrap\">\n\t\tA company qualifies as a small company if:<br><br>\r\n\r\n(a) it is a private company in the financial year in question; and<br><br>\r\n\r\n(b) it meets at least 2 of 3 following criteria for immediate past two consecutive financial years:<br><br>\r\n\r\n         &nbsp; &nbsp; &nbsp; &nbsp; (i) total annual revenue \u2264 $10m;<br><br>\r\n\r\n          &nbsp; &nbsp;&nbsp; &nbsp; (ii) total assets \u2264 $10m;<br><br>\r\n\r\n        &nbsp; &nbsp;   &nbsp; &nbsp;(iii) no. of employees \u2264 50.<br><br>\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-818758 kc-animated kc-animate-eff-fadeInLeft\">\n\t<div class=\"message-box-wrap\">\n\t\tFor a company which is part of a group:<\/br><\/br>\r\n\r\n  (a) the company must qualify as a small company; and<\/br><\/br>\r\n\r\n(b) entire group must be a \u201csmall group\u201d to qualify to the audit exemption.<\/br><\/br>\r\n\r\n\u2022 For a group to be a small group, it must meet at least 2 of the 3 quantitative criteria on a consolidated basis for the immediate past two consecutive financial years.<\/br><\/br>\r\n\r\n\u2022 Where a company has qualified as a small company, it continues to be a small company for subsequent financial years until it is disqualified.\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-874420 kc-animated kc-animate-eff-fadeInLeft\">\n\t<div class=\"message-box-wrap\">\n\t\tA small company is disqualified if:<br><br>\r\n\r\n(a) it ceases to be a private company at any time during a financial year; or<br><br>\r\n\r\n(b) it does not meet at least 2 of the 3 the quantitative criteria for the immediate past two consecutive financial years.<br><br>\r\n\r\nWhere a group has qualified as a small group, it continues to be a small group for subsequent financial years until it does not meet at least 2 of the 3 the quantitative criteria for the immediate past two consecutive financial years.\t<\/div>\n<\/div>\n<div class=\"kc-elm kc-css-5686 kc_text_block\"><\/p>\n<p>We at PRUBIZ provide full account services, drafting of unaudited financial reports for exempt companies and offering audit service through our associated audit firms. Our audit services include all financial statements designed specifically to comply with ACRA\u2019s and IRAS\u2019s statutory requirements.<\/p>\n<p>\n<\/div>\n<div class=\"kc-elm kc-css-193260 kc-animated kc-animate-eff-swing\">\n\t<a class=\"kc_button\" href=\"mailto:info@prubiz.com.sg\" target=\"_self\" title=\"\" onclick=\"\">\n\t\tWrite to us\t<\/a>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":201,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"tpl-king_composer.php","meta":{"footnotes":""},"class_list":["post-544","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Compilation - Prudent Business<\/title>\n<meta name=\"description\" content=\"Formation | Incorporation | Compilation | Taxation | Corporate Secretarial Services | Payroll | Book Keeping | Administrative Support\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/compilation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Compilation - 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