FOO KON TAN LLP

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98591c_aa855a8b1f494403acb7a6a8c72d1a3e~mv2

Description

ASSURANCE

In today's ever-changing business climate, effective management of resources and access to information are crucial. Our approach to assurance services is focused on enhancing the value of audit services to businesses, ensuring the integrity of financial information and helping to reduce compliance costs. Clients benefit from our adoption of a globally recognised audit methodology to deliver a cost-effective, risk-based, paperless audit.

Our assurance services:

  • Statutory and Regulatory Audit

  • Capital Market Services

  • Review Engagements

  • Agreed-upon procedures

  • Special Audits

The growth and survival of companies often depend on their ability to fund their future with capital obtained from capital markets. With Singapore's position as a reputable and major financial centre, we have an enviable track record of helping clients and supporting them in their listing ambitions with the Singapore Exchange (SGX) as well as in overseas stock exchanges.

TAX ADVISORY & COMPLIANCE

Tax laws are constantly evolving, and with businesses going global, navigating the intricate world of taxation can be quite the adventure! Our team of tax specialists is ready to tackle these challenges head-on, bringing a wealth of experience across a variety of taxation issues to help you unlock the full potential of your tax return.

 
Our Tax and Compliance Services:

  • Advice on tax incentives and tax holidays

  • GST and indirect tax advice and compliance including

  • Issues related to property tax and estate duty 

  • Local and international corporate and personal tax planning 

  • Local tax compliance for business and individuals 

  • Tax related issues on infrastructure or privatization projects 

  • Tax related issues on public listing, mergers and acquisitions

  • IRAS related matters

  • Transfer pricing services

ADVISORY

Each industry has its own set of risks, challenges and opportunities. That is why we offer clients a winning combination of experience and skills. Working closely with professionals drawn from different disciplines, we are able to provide an integrated suite of advisory services to help drive business forward. 

BUSINESS RISK

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Business Risk

Stock Exchange

Corporate Finance

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Forensic Accounting and Investigation

HUMAN RESOURCES

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Human Resource

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Recovery and Reorganisation

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Transaction Services

TRANSACTION SERVICES

FINANCIAL SERVICES

Online Monitoring

Technology

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Financial Services

BUSINESS SOFTWARE SOLUTIONS

Our associate, Foo, Kon & Tan Consultants Pte Ltd (FKTC), is a business software consulting company and a Sage certified partner.  FKTC consultants are well placed in helping business owners to identify and select the most appropriate Sage business software solutions. 

Working with SMEs from start-ups to mid-market enterprises, our certified consultants’ implementation know-how, combined with strong technical expertise in customisation and integration of Sage 300 for specific work processes, create seamless, effective solutions at every step of the business life cycle. Planning ahead through growth, expansion, and mature operational stages, we listen and deliver sustainable solutions. 

Our clients come from broad industry sectors including hospitality, financial services, manufacturing, construction, engineering and technology as well as non-profit organisations.

Quality service and depth of experience have always been the building blocks of our service DNA. Our customised sustainable solutions are matched with tailored training needs to empower clients’ employees with the necessary skills to effectively and efficiently put the system to optimum application. Training needs are tailored and can be conducted to suit client’s needs and convenience. 

We specialise in the categories below for Sage 300 such as:

  • Recommending right modules from range of Sage's modules for businesses and implementation of solutions.

  • Integration customization base on business adhoc requirements to improve productivity 

  • Reports customisation

  • Data conversions

  • Providing post implementation support maintenance


We are IMDA Pre-approved PEPPOL-Ready Solution Provider.
Click here to read more.

Sage 300

Evolved over the years, Sage 300 (Previously known as SAGE ERP Accpac) has enhanced its capabilities and product range to keep up with the changing needs of the competitive landscape. Sage 300 Cloud is a desktop solution with cloud-connected features that provides small and medium businesses with a highly adaptable business management solution accessible anytime anywhere to suit your growing business needs. 

Seamless integration with third-party solution
Wide range of extended solutions for Sage 300cloud from our extensive network of third-party solution providers makes the product extremely powerful and flexible to suit the complex and unique needs of your business, giving you a unified solution to manage your critical business processes. 

QUALITY CONTROLS

To meet the increasing demands of regulatory and legal requirements,  we offer training services to help companies understand and comply with the latest changes in IFRS and FRS. In particular, 2018 will see significant amendments to the accounting standards coming into effect for FRS 115 Financial Contracts from Customers, FRS 109 Financial Instruments and the new FRS 116 Leases.

On 15 December 2016, ASC has reminded the directors and chief financial officers for the following FRS issued:

In light of the increased requirements for the following industries in focus, we can also customise FRS 115 training to suit your operations:

  • Telecom

  • Real Estate

  • Software Development

  • Manufacturers (Contract Manufacturers)

Focused training on FRS 109 Financial Instruments and the new FRS 116 Leases are also available. Please get in touch to discuss how we may assist with your training needs.

INTERNATIONAL BUSINESS

Deciding to move into new international territories? Foo Kon Tan can now offer our compliance services to you on a global scale.

Entering a foreign market for the first time can be difficult. Any organisation that invests in a new foreign country will probably outsource to a local service provider a part or all of the payroll, bookkeeping, tax, reporting and legal secretarial compliance.

This is where the HLB International Business Services (IBS) Group can help. We are here to support international investors looking to move their business into foreign territories.

Through our connection with the HLB International network, a global network of independent accounting firms and business advisors, we can now provide the same one-stop-shop services in other countries.

ESG/Sustainability Services

WHY ESG & SUSTAINABILITY?

Climate change has brought not just physical risks such as rising sea levels and extreme weather patterns, but also affects the way business operate. To survive in this new environment, companies need to decarbonise and pivot towards more sustainable business practices. 

Sustainability and ESG are important business imperatives which are increasingly proven to help businesses sustain and grow during challenging times. Businesses that are agile, adaptable, and resilient to dynamic environmental and economic conditions can transition easily towards achieving a sustainable future. Having an expert team develop and implement a sustainable strategy significantly increases your chances for success.

At Foo Kon Tan, we leverage the power of our global network of advisors to partner with you, unlocking opportunities to realise your business growth potential. Whether it is a carbon challenge, sustainability strategy, or compliance requirement, FKT's experienced ESG & Sustainability professionals can help you with a full range of advisory, outsourcing and assurance services to enable your business to flourish with a sustainable future.  

Location

#07-03, 24, Raffles Place, Singapore