How to Choose the Correct Accounting Period Singapore: A Quick Guide

accounting period singapore

4 minutes The accounting period of Singapore companies is a critical aspect of every business as it refers to the duration of time a company uses to complete its accounting cycle. In Singapore, businesses must adhere to guidelines when choosing the right accounting period because it can significantly impact financial reporting, tax obligations, and other financial matters. This quick guide provides an overview of accounting periods in Singapore and the factors businesses should consider when choosing the correct accounting period.