Financial Statement

Accurate. Compliant. IRAS-Ready.

Financial statements aren’t just paperwork — they reflect your business’s financial health, and are essential for tax filings, audits, and investor confidence. At OCTO, we prepare unaudited financial statements (also known as compilation reports) in full compliance with the Companies Act and Singapore Financial Reporting Standards (SFRS).

Why Financial Statements Matter

Required by Law

Every Singapore-incorporated company must prepare annual financial statements for submission to ACRA and IRAS.

Tax & Compliance Ready

Accurate statements support your corporate tax filing and help avoid IRAS disputes or penalties.

SFRS-Compliant Reporting

We follow up-to-date SFRS standards — so your statements are accepted by banks, authorities, and investors.

Based on Your Bookkeeping

Just send us your Xero (or other system) reports, and we’ll handle the rest — clean, clear, and correct.

We Work With Any System

No accounting software? No problem. OCTO can work with spreadsheets or custom setups too.

Useful for Decision Making

Turn your data into actionable insights — financial statements help you track growth and plan strategically.

What’s Included In Our Service Package

$800/Year

Preparation of annual unaudited financial statements (Compilation Report)
Based on approved management accounts and provided financial data
Fully compliant with the Companies Act and SFRS
Delivered in professional format for IRAS and ACRA submission
Covers Statement of Financial Position, Profit & Loss, Equity, Cash Flow, and Notes to Accounts

From $2,500/Year

Preparation and submission of audited financial statements
Full audit review of your management accounts and documentation
Audit report in accordance with Singapore Standards on Auditing (SSA)
Compliance with the Companies Act and SFRS
Support in addressing auditor queries and closing remarks

Why Businesses Love OCTO

OCTO didn’t just set up our accounts — they gave us the clarity to scale. Their Xero training was a game-changer

Michelle Tan

Founder of a Retail Startup

Thanks to OCTO, we no longer stress about GST, payroll, or missing deadlines.

Daniel Yong

Director at Tech VC

Transparent Pricing. No Hidden Fees.

✔ IRAS-compliant
✔ Fully digital
✔ Built for Singapore companies

Ready to upgrade your accounting?
Get in touch today — let OCTO transform how you manage your business finances.