Outsourced Accounting

Strategic outsourced accounting for Singapore businesses — accurate books, timely compliance, real-time insights.

Outsourced Accounting

Overview

Aquila Veritas provides outsourced accounting services for businesses seeking structured financial oversight without building an in-house finance department. Beyond transactional recording, outsourced accounting focuses on financial governance, reporting integrity, and regulatory compliance within the Singapore framework. We oversee the monthly close process, ensure alignment with Singapore Financial Reporting Standards (SFRS), and support compliance with ACRA and IRAS obligations. Our role is to function as your external finance department — maintaining control, accuracy and accountability while delivering financial clarity to management.

Benefits & Value

1
Cost-Effective Expertise: Outsourcing significantly reduces fixed employment costs such as salary, CPF contributions, staff benefits, training, and software licences.
2
Singapore-Centric Compliance: Our team is experienced with Singapore Financial Reporting Standards (SFRS), ACRA and IRAS compliance obligations, including ECI, Form C-S / Form C filings and XBRL requirements.
3
Real-Time Cloud Accounting: As experienced users of Xero, we deliver real-time dashboards, automated bank feeds, and structured audit trails.
4
Scalable & Flexible Engagement: Our outsourced model scales with your business — from basic bookkeeping to comprehensive finance functions — without long-term headcount commitments.
5
Strategic Financial Insights: Beyond compliance, we deliver management reports that help you optimise cash flows, budgets, and operational decision-making.

Our Process

1
Initial Consultation: Understand your business structure, current accounting systems, and objectives.
2
Onboarding & System Setup: Configure cloud accounting (e.g., Xero, QuickBooks Online), design your chart of accounts, and set up secure access.
3
Data Migration & Cleanup: Import existing financial records, reconcile transactions, and standardise data.
4
Compliance & Filings: Preparation and filing of statutory financial statements, GST returns, ECI / Form C-S / Form C submissions.
5
Reporting & Insights: Monthly/quarterly reports, KPIs, and insights delivered for performance monitoring.
6
Ongoing Support: Dedicated client service team, proactive alerts on deadlines, and advisory support for growth.

Frequently Asked Questions

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