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Prep for the FYE Top 5 Accounting Firms in Singapore's Homepage

Prep for the FYE: Top 8 Accounting Firms in Singapore

Range of services

We picked companies offering multiple services beyond accounting tasks, so businesses hiring them can benefit from the one-stop-shop convenience.

Reputation

  We selected firms with a minimum experience of five years. We also looked into their credentials (e.g. accounting licenses, awards, acknowledgments).

Value for money

We narrowed down our list to companies that charge reasonable rates for their services. We gave additional points to firms with transparent pricing!

Customer service

Our list included firms with helpful and responsive customer desks.

1. Counto

Services: Accounting Services, Secretarial (Incorporation, Company Secretary)

Website: https://mycounto.com/accounting-for-small-business/

Address: 410 North Bridge Road Singapore 188726

Contact Details: (+65) 3159 4255 | [email protected]

Operating Hours: Contact for more information

Rates: From $100 / mo billed annually

Google Reviews4.7/5
Facebook5/5
Total reviews4.85/5
Score consistency4.5/5
Range of services4.5/5
Reputation4.5/5
– Years in the business4/5
– Credentials5/5
Value for money4.5/5
Customer service4.5/5
– Responsiveness4/5
– Helpfulness5/5

Pros

  • IRAS ASR+ Tier-3 solution
  • Variety of packages
  • Various services offered
  • Affordable prices

Cons

  • Operating hours unavailable

For small businesses and SMEs in Singapore looking for an accounting firm they can trust, we recommend Counto, an IRAS ASR+ Tier-3 solution.

They offer bookkeeping, tax filing, payments, and advisory services all on a simple and easy-to-use platform.

For those using legacy software like Xero, QuickBooks, and others, their team will sync your data with Xero/QuickBooks or help you migrate your data to Counto so you can save even more.

We like that they offer more than the aforementioned and can assist with add-on accounting services for small businesses to to organise payroll, catch up on bookkeeping, or handle vendor payables.

What we also like is the different package options they have that caters to the needs of the client.

We think their services are perfect for those who are looking for more affordable options!

2. Acc Pro

Services: Bookkeeping and payroll, financial review, financial statements, taxation, corporate secretary, consulting services

Website: https://www.accprosingapore.com/

Address: 12 Woodlands Square #12-85, Woods Square Tower 1, Singapore 737715

Contact Details: +65 6352-0103 | [email protected]

Operating Hours: Monday to Friday: 9:00 AM – 6:00 PM

Rates: Packages: $88 – $208 monthly, $795 – $2,020 annually

Google Reviews5/5
Facebook5/5
Total reviews4/5
Score consistency5/5
Range of services4.8/5
Reputation5/5
– Years in the business5/5
– Credentials5/5
Value for money4.5/5
Customer service5/5
– Responsiveness5/5
– Helpfulness5/5

Pros

  • Comprehensive accounting services
  • Uses QuickBooks for cloud accounting
  • Tailors assistance based on business nature

Cons

  • Packages for starters a bit rigid
  • Conventional businesses might take time to learn the solutions

Working with Acc Pro was an overall pleasant experience thanks to their modern accounting solutions, according to a happy business client we’ve interviewed.

The owner said that before Acc Pro, his company processed bookkeeping and payroll manually. The service helped them migrate to the cloud without a hitch.

The owner didn’t outsource the service’s Human Resources Management System, though. He said Acc Pro’s customized training and payroll support were enough to prepare his team for the new system.

He claimed that Acc Pro was also able to understand his company’s needs completely, making for tailored fit assistance.

That said, he thought the packages should be more flexible for fledgling businesses. He said that some small companies may do away with a few of the services included in the bundle. 

He also observed that Acc Pro’s solutions require major adjustments on the client’s side, especially if the business was used to manual operations. 

Acclimation to the technology will take some time, so he thought that businesses like his will do better if they hire a techy staff.

3. AG Singapore

Services: Accounting, branding, company incorporation, financial reporting, payroll, taxation, digital marketing

Website: https://ag-singapore.com/

Address: 111 North Bridge Rd, #07-11, Singapore 179098

Contact Details: +65 9382-2464 | [email protected]

Operating Hours: Monday to Friday: 8:30 AM – 5:30 PM

Rates:

  • Bookkeeping: $200 per month
  • Compilation of unaudited report: $800
Google Reviews5/5
Facebook4.2/5
Total reviews5/5
Score consistency4.5/5
Range of services5/5
Reputation5/5
– Years in the business5/5
– Credentials5/5
Value for money4.5/5
Customer service4.75/5
– Responsiveness4.5/5
– Helpfulness5/5

Pros

  • Wide range of accounting services and more
  • Flexible packages
  • Senior industry player

Cons

  • Occasional communication hiccups
  • A bit pricey

Ackenting Group or AG Singapore’s primary charm lies in its long list of corporate accounting services. We had first-hand experience of the company’s efficiency, too, when we hired it the previous year.

We think the best thing about hiring AG is that its service isn’t contractual. We were able to add and deduct accounting requirements as we deemed fit, subject to the pro’s recommendations.

This flexibility also meant we got to pay for the exact service we needed and were not tied down by bundles or packages.

As for the service itself, we couldn’t ask for more, as AG ensured efficient and fuss-free execution of each accounting task.

Though, we must admit that AG’s pricing leans on the expensive side. That said, we were convinced that their service was worth the money. 

Moreover, though we didn’t experience it ourselves, know that a few of AG’s clients reported minor complaints about the service’s front desk, particularly in responding to queries.  

4. SOAS

Services: Accounting solutions, incorporation

Website: https://soas.com.sg/

Address: 33 Ubi Ave 3, #08-13 Vertex, Singapore 408868

Contact Details: +65 3129-7740 | [email protected]

Operating Hours: Monday to Friday: 9:00 AM – 6:00 PM

Rates: Packages: $65 – $125 monthly, $600 – $1,200 annually  

Google Reviews5/5
Facebook5/5
Total reviews4.7/5
Score consistency5/5
Range of services4.7/5
Reputation5/5
– Years in the business5/5
– Credentials5/5
– Value for money4.8/5
Customer service5/5
– Responsiveness5/5
– Helpfulness5/5

Pros

  • Streamlined accounting packages
  • Competitive package rates
  • Insightful personal accountants

Cons

  • Additional services can be pricey
  • Packages not flexible

Singapore Online Accounting Services or SOAS had a reputation few accounting firms could match. Most of its clients were long-time customers and have been using its service for years.

One of the business clients who agreed to share her experience said that the probable reason for this is SOAS’ consistency. 

She has been a client for three years already, and she hasn’t encountered any problems with how the service carries out its tasks.

She also appreciated that SOAS professionals did not simply provide accounting solutions but also shared their insights on running a business. She said she learned a lot from those talks.

That said, SOAS’ packages are not that flexible, which might be an issue for businesses needing partial accounting assistance only. 

Our interviewee said that she was fine with the packages, though, as the prices were reasonable. 

However, she quipped that the add-ons were quite pricey, so she tried her best not to use additional services.

5. Margin Wheeler

Services: Incorporation, corporate secretary, accounting services, audit services, work pass, taxation, trademark

Website: https://marginwheeler.com/

Address: 21 Bukit Batok Crescent, #15-75, WCEGA Tower, Singapore 658065

Contact Details: +65 6272-0820 

Operating Hours: Monday to Friday: 9:00 AM – 6:00 PM

Rates: 

  • Bookkeeping: $100 monthly, $300 quarterly, $300 annually
  • Financial statements: $500 annually
Google Reviews5/5
Total reviews4.5/5
Score consistency5/5
Range of services4.5/5
Reputation5/5
– Years in the business5/5
– Credentials5/5
Value for money4.5/5
Customer service5/5
– Responsiveness5/5
– Helpfulness5/5

Pros

  • Highly responsive
  • Ideal for starting a business
  • On-site accounting available

Cons

  • Limited accounting services
  • Monthly rates are a bit pricey

New businesses will benefit the most from Margin Wheeler’s services. Aside from accounting requirements, the company assists in accomplishing work passes, trademark applications, and incorporation.

One of the business owners we’ve talked to said that he found Margin Wheeler convenient, as it was there for his venture from day 1. 

What made the process efficient was the company’s high responsiveness and detailed insights on setting up the company.

As for the accounting part, our interviewee said he was satisfied with the company’s performance. He mentioned its bookkeeping service as the most helpful.

That said, he wished Margin Wheeler had more accounting services available so he won’t have to look for another third-party provider.

The rates were also a bit pricey. Still, our interviewee found them reasonable given the service’s efficiency.

6. VentureHaven

Services: Incorporation, corporate secretary, bookkeeping, accounting, trademark

Website: https://venturehaven.com.sg/homepage

Address: 513A Upper Cross St #04-95, Hong Lim Complex, Singapore 051531

Contact Details: +65 6444-3130 | [email protected]

Operating Hours: Monday to Friday: 9:00 AM – 6:00 PM

Rates: Packages: $600 – $1,800 annually

Google Reviews4.7/5
Facebook4/5
Total reviews5/5
Score consistency4/5
Range of services4.5/5
Reputation4.75/5
– Years in the business5/5
– Credentials4.5/5
Value for money4.8/5
Customer service4.5/5
– Responsiveness4.5/5
– Helpfulness4.5/5

Pros

  • Competitive rates
  • Transparent pricing
  • Detailed accounting packages

Cons

  • Communication hiccups possible
  • Plans are inflexible

VentureHaven caught our eye thanks to its comprehensive accounting plans that come at reasonable annual rates.

A client we interviewed told us that her plan included complimentary financial statements and tax filing services on top of bookkeeping support and digital solutions. 

She claimed the comprehensive assistance was worth what she paid for. 

She also liked VentureHaven’s corporate secretary service, as it helped her refocus her time on growing her business, knowing that a trustworthy professional was handling necessary government transactions.

But we think not all businesses will prefer VentureHaven’s comprehensive packages. An older company that wishes to outsource only select accounting services might opt for more flexible plans.

And as much as the company was efficient with its services, it could use some improvement in its communication with clients. 

We say this, as a few past clients claimed that they had some difficulty reaching VentureHaven’s lines when they need the service.  

7. WLP Accounting

Services:

Accounting & Tax
Taxation
Corporate Secretary
Payroll & HR

Website: https://www.wlp.com.sg/

Address: 10 Woodlands Square, #04-53 Woods Square, Singapore 737714

Contact Details: +65 6493 2970

Operating Hours: Monday – Friday: 9 AM – 6 PM

Rates:

Google Reviews4.9/5
Facebook5/5
Total reviews4/5
Score consistency4/5
Range of services5/5
Reputation5/5
– Years in the business5/5
– Credentials5/5
Value for money5/5
Customer service5/5
– Responsiveness5/5
– Helpfulness5/5

Pros

  • Proficient Accountant Team
  • Efficient Software Solutions
  • Cost-Effective Establishment Expenses

Cons

  • Service Rates Unavailable Online

Since its establishment in 2013, W.L.P Accounting has been a cornerstone of trust and professionalism in the financial landscape. Specializing in accounting, corporate secretaryship, and tax advisory, W.L.P Accounting offers tailored services to businesses and organizations, ensuring compliance and fostering growth.

We like that W.L.P Accounting offers cost-effective solutions tailored to meet the financial needs of businesses, ensuring maximum value for every dollar spent. With easy-to-use software solutions, W.L.P Accounting simplifies financial management for businesses, streamlining processes and saving time.

Aside from this, W.L.P Accounting boasts a team of proficient accountants dedicated to delivering high-quality service and expertise. Sporting a track record since 2013, W.L.P Accounting has been the trusted support system for SMEs and MNCs, specializing in corporate secretaryship. Their approach ensures compliance and serves as a catalyst for business expansion and operational excellence.

Note though that rates and packages of their services aren’t readily available on their website so interested clients may need to inquire before availing of their services.

Overall, for businesses seeking a trusted financial ally grounded in professionalism, integrity, and trust, W.L.P Accounting stands out as the ideal partner. With tailored services, innovative solutions, and a commitment to excellence, W.L.P Accounting is dedicated to propelling businesses towards unparalleled success in the ever-evolving financial landscape.

8. Assembly Works

Services: https://assemblyworks.co/services/

Website: https://assemblyworks.co/

Address: 2 Havelock Rd, Havelock 2, #07-13, Singapore 0597636

Contact Details: +65 8912 3323

Operating Hours: Monday – Friday: 9 AM – 6 PM

Rates:

Google Reviews5/5
Facebook4.9/5
Total reviews4/5
Score consistency4/5
Range of services5/5
Reputation5/5
– Years in the business5/5
– Credentials5/5
Value for money4/5
Customer service4/5
– Responsiveness4/5
– Helpfulness5/5

Pros

  • Comprehensive Accounting Services Offered
  • Client-Centric Approach Employed
  • Audit-Ready Accounts

Cons

  • Limited Geographic Focus

Assembly Works is a corporate solutions provider offering a wide range of services to businesses, including accounting, bookkeeping, company secretarial services, and more. Their mission is to help businesses achieve greater heights by providing efficient and effective support. With a commitment to transparency, professionalism, client-centric approaches, and excellence, Assembly Works has established itself as a reliable partner for businesses, particularly in the realm of accounting and financial services.

We like that accounts handled by Assembly Works are prepared to meet the Singapore Financial Reporting Standards (SFRS) and include all necessary audit schedules. This readiness simplifies the audit process and ensures compliance with regulatory standards.

Furthermore, Assembly Works boasts a team of highly trained and experienced professionals who are well-versed in local requirements related to accounting, taxation, and payroll services. Clients have praised the depth of knowledge and expertise of the team members, particularly noting the effectiveness of their support in complex financial matters.

Note though that while Assembly Works is highly effective in navigating the business landscape in Singapore, companies with operations in multiple countries might need additional support to manage international accounting standards and regulations. The firm’s expertise might be more tailored to the local market.

Overall, Assembly Works stands out as a reliable and professional provider of corporate solutions, particularly excelling in accounting and bookkeeping services. Their expert team, commitment to transparency, and client-centric approach make them a preferred choice for many businesses in Singapore. 

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