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Financial Reporting & Accounting Advisory

Financial Reporting

We support businesses throughout the financial reporting process including:

  • Preparation and review of statutory financial statements

  • Financial statement presentation and disclosure requirements

  • Group reporting and consolidation

  • Preparation and review of reporting packages and accounting schedules

  • Year-end financial reporting and closing support

  • Financial reporting conversion and first-time adoption

  • Enhancement of financial reporting processes and practices

Technical Accounting Advisory

Complex transactions often require careful consideration of the applicable accounting requirements. We assist management in evaluating the accounting implications and developing appropriate, well-supported accounting positions.

Our services include:

  • Interpretation and application of SFRS(I), FRS and IFRS Accounting Standards

  • Assessment of complex and non-routine accounting transactions

  • Preparation and review of technical accounting papers and memoranda

  • Development and review of accounting policies

  • Advice on financial statement classification, presentation and disclosures

  • Implementation of new and amended accounting standards

  • Assessment of significant accounting judgements and estimates

Transaction & Complex Accounting

We provide accounting advisory support across a broad range of transactions and financial reporting matters, including:

  • Business combinations and acquisition accounting

  • Corporate and group restructurings

  • Common-control transactions

  • Investments in subsidiaries, associates and joint arrangements

  • Financial instruments, including classification, measurement and impairment

  • Revenue recognition and complex contractual arrangements

  • Share-based payments and equity transactions

  • Lease accounting

  • Impairment assessments

  • Foreign currency matters

  • Disposal, discontinued operations and assets held for sale

  • Other complex or unusual transactions

Audit Readiness & Financial Reporting Support

A well-prepared financial reporting process can facilitate a more efficient year-end and external audit.

We assist management in preparing for the financial reporting and audit process through: 

  • Review of significant accounting matters before year-end

  • Preparation of supporting accounting analyses and technical papers

  • Assistance in resolving financial reporting matters identified during the audit

  • Support in responding to technical accounting queries

  • Review of financial statement disclosures and supporting schedules

  • Coordination on accounting matters involving management, auditors and other professional advisers.

Talk to us about your financial reporting and accounting challenges.

KEY CONTACTS
Kon Yin Tong (No Background).png

Partner (Assurance)

HO TEIK TIONG

Contact us

Have a question for us? Drop us an email.

HLB Accreditation
Foo Kon Tan LLP is a member of HLB International, a worldwide network of independent accounting firms and business advisers
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