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Top Accounting Firms in Singapore

Being a leading business hub of the Southeast Asian region, Singapore boasts of hundreds of accounting services which provide a bunch of services on general accounting, bookkeeping, tax filing and auditing. Prior to engaging a firm, it is obvious that you would like to know the list of the top accounting firms in Singapore. Here we have compiled a list based on some reliable sources and provided brief details of these top firms. It would help you know some unheard stories about the giants of accounting industry in Singapore.

Big 4 viz. KPMG, PwC, EY and Deloitte will undoubtedly appear in the first four spots when it comes to the top accounting firms in Singapore. Along with these four giants, one of the prominent accounting firms in the world i.e. RSM has also joined the bandwagon. Here is the list of 5 largest accounting firms in Singapore. Please note that the list is based on the research published by Singapore Business Review in 2016.

According to the report, PwC is no longer in the top position as KPMG has beaten the PwC in terms of total staff number. KPMG has been ranked 1st spot, with a total staff of over 3,000. Whereas, PwC has staff number around 27,000.

KPMG

KPMG is a fastest growing company of the Big Four. The history of KPMG dates back to mid of 80’s, and it was first set up as KPMG Peat Marwick. It has a strong presence in over155 countries worldwide, and its service offering includes auditing, tax, and advisory to business entities, government, public sector agencies globally.

PwC Singapore

PwC is the most reputed accounting firm in the world. PwC Singapore is the branch of world’s renowned brand PwC. The giant has established a strong network by setting up accounting firms in almost 157 countries in the world. Under the wings of strong mentors, PwC Singapore has managed to receive the prestigious CFO Innovation Awards 2015 for being the top performer of Audit Services for the second year in a row.

EY (Ernst & Young)

Ernst & Young, also known as EY, is headquartered in London. EY operates in over 150 countries worldwide. This renowned Big 4 accounting firm is a pioneer in providing tax advisory, assurance and transaction services for business across the industry. The firm is globally acclaimed for facilitating a favorable working environment, and it has been voted as one of the best organizations in the world to work for.

Deloitte & Touche

The list of Big 4 would not be complete without the inclusion of Deloitte & Touche. Deloitte Touche Tohmatsu Limited, popularly referred as Deloitte, is headquartered in Newyork, USA. It came into existence after a series of mergers. Deloitte is a global leader in offering audit, consulting, financial advisory, risk advisor, and tax & legal advice to corporate, government and public sectors.

RSM

RSM is one of the leading accounting firms in Singapore other than Big 4. It has been offering an array of services including tax & business advisory, assurance from last few decades. RSM, a multi-national network of accounting firms, is the sixth largest accounting service network in the world. The Singapore branch of the organization manages to reach the fifth position in the list of largest accounting firms in Singapore, compiled by Singapore Business Review 2016.

Not all businesses could afford to hire the services of above-listed accounting giants due to the budget constraints, especially the Small and Medium Enterprises (SMEs) who run their businesses on a shoe-string budget. Nevertheless, Nevertheless, good pocket-friendly firms are delivering high-end accounting services at affordable fees.

Our dedicated team of accountants makes every possible effort to match the standards of accounting services with that of top accounting firms (Big 4).

Please note that implementing good accounting practice is crucial to the growth of business. And, outsourcing to accounting services Singapore enables you to get following benefits:

  • Budget Planning
  • Cash Flow Management
  • Implementation of Best Accounting Strategies
  • Financial Report Filing
  • Forecasting Revenue & Budget
  • Guidance & Advice of Experts
  • Timely Monitoring of Financial Health of the Business
  • Assess the Growth Rate of Business

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