Businesses should focus their organizational resources on their core competencies. Hence, routine and non-core activities of the companies can often be outsourced to third party vendors who are specialized in these areas. Utilizing external providers for non-core business functions enables companies to reduce their manpower and infrastructure costs. They can also enable firms to streamline their business processes, thereby improving performance and profitability.

Gildas’ suite of financial management programmes are designed to assist SMEs to perform their financial and accounting functions competently. We bring our established financial, accounting and tax expertise within the reach of SMEs so that these crucial functions of their business are not
neglected, which is the case for most small to medium sized companies. Our outsourcing services in accounting and finance competently fulfill these critical responsibilities so that you can singlemindedly focus on strategizing, growing, and managing your business. We value-add to your
business by improving its financial capability and giving you sound advice from a CFO-level.

Why our financial management services

	Professional team of financial and accounting practitioners
	Specializes in helping SMEs of various industries
	Structured methodology in maximizing customer satisfaction
	Value-added advice that will surely enhance your business performance
	One-stop financial services and consulting centre for SMEs
	Flexible pricing policy tailored to suit your needs and budget

a. Accounts Outsourcing
b. Financial Outsourcing
c. Tax Advisory

a. Accounts Outsourcing
Our accounting and bookkeeping services covers the full suite of your accounting activities. The key objective is the regular maintenance of your financial statement and books, such as:

	Balance Sheet
	Profit / Loss statements
	Cash Flow statements
	Accounts Receivables / Payables
	Creditor / Debtor Aging
	Fixed Assets / Depreciation Schedule
	Bank Reconciliation

Our value-add to our clients includes advisory on accounting policies and changes in Singapore Accounting Standards (SAS), and liaison with your external auditors to facilitate your annual audit.

Your Benefits

	Understand the true financial picture of your company
	Get your accounts in proper and professional order
	Improve your business decision-making based on our monthly performance reports
	Reduce your internal administration cost by outsourcing
	Save on auditing costs with the changes in auditing requirements
	Get value-added advice on optimization and potential pitfalls of your current practices and future decisions
	Compliance with latest Singapore Accounting Standards (SAS)

*Note that - auditing will not longer compulsory for companies with less than S$2.5 million turnover. Why not outsource your accounts to us so that, as independent accounting practitioners, we can perform and quality-check your accounts at the same time.

Your Cost Savings

b. Financial Outsourcing
Our Financial Outsourcing Programme is akin to outsourcing your finance manager role to us. It is especially tailor-made for SMEs without a strategic finance manager because of prohibitive salaries and the difficulty of recruiting one. In this outsourcing arrangement, we will assign you a long-term finance practitioner to act as your finance manager and perform your finance objectives as and when they happen. This programme offers a certain number of hours each month, depending on your package, for the execution of your finance objectives and activities such as:

	Financial planning and review
	Capital formation
	Debt management and new financing
	Debtor and creditor control
	Budget forecasting
	Cashflow / working capital management
	Tax planning and preparation
	Financial management reporting
	Cost allocation and pricing issues

Your Benefits

	Plan and forecast the financial state of company from 3 months to 2 years
	Ensure a healthy capital structure to minimize risk of bankruptcy and insolvency
	Optimally manage your cash flow, working capital, debtors and creditors
	Understand the full financial consequences of your key business decisions
	Make calculated decisions on issues such as costing, pricing, expansion, increasing output, new projects, cost cutting, production methods, etc
	Get the most economical access to capital, debt financing and banking facilities that meets you short-term and long-term needs
	Critically review past financial performances using detailed management reports

c. Tax Advisory
We provide advisory services to assist your company in tax compliance and planning. We assist you meticulously in filing your tax returns, estimation of your taxes, making sure that you do not incur unnecessary tax liability, and checking that your incurred tax are correctly computed by the IRAS. In addition, we carefully advise you on applicable tax reliefs, statutory requirements, tax compliance and legal issues.

We assist you in your tax planning by advising you on how to structure your large transactions, capital expenditures and financial investments in order to manage your tax liability over the years and to take advantage of tax rebates and incentives. In-depth tax advisory can be offered before you embark on a major decision with tax implications.

In addition, on an ad hoc basis, we provide advice and representation for tax audit, investigation and prosecution cases by IRAS.

Our tax advisory covers:

	Corporate income taxes
	Goods and Services Tax (GST)
	Property taxes
	Import tariffs
	International transactions
	Transfer pricing
	Structuring of capital expenditure
	Merger, acquisition, divestitures