Helmi Talib LLP

📣 Exciting news for small and medium-sized accounting practices (SMPs)! The International Federation of Accountants (IFAC) has recently released a comprehensive cheat sheet packed with templates, resources, and guides on strategic planning, designed to help future-proof SMPs. The article includes: ✅ A Strategy Summary on a Page Template ✅ A SWOT Analysis Template ✅ Guidance on Creating Key Performance Indicators (KPIs) SMPs play a crucial role in balancing economies alongside larger firms but often face challenges brought about by rapid technological changes, global economic shifts, and fluctuating market dynamics. With these resources, SMPs can better navigate readying for the future by building resilience, capitalizing on employee satisfaction, and elevating service quality. Access the resources here: https://lnkd.in/gb-R_wMi #SMP #HelmiTalib #Accountants #Krestonglobal

With the recent enactment of the ACRA - Accounting and Corporate Regulatory Authority (Registry and Regulatory Enhancements) Bill on 2 July 2024, significant changes to better uphold and safeguard the data privacy of business entities and associated individuals will be in effect. 💡 By the end of 2024, Contact Address will be shown in ACRA’s public records in place of the Residential Address. For more information, visit ACRA’s announcement in this link: https://lnkd.in/gntnMavj

Very excited to co-chair the 'Strengthening the Small and Medium-sized Practices (SMP) Taskforce' and looking forward to working with its members and stakeholders to produce relevant and valuable recommendations for the sector.

In recent years, mid-tier firms are becoming dynamic and progressive work environments offering ample hands-on exposure and diverse experiences. Early career professionals are offered competitive remuneration, on par or at times, higher than bigger firms, as detailed in the Association of Certified Chartered Accountants' (ACCA) recent article linked below. In Singapore, specifically, small and medium-sized enterprises (SMEs) rely on small and medium-sized accounting practices (SMPs) for their essential professional service needs. To transform and build more growth opportunities for SMPs, the Institute of Singapore Chartered Accountants (ISCA) has formed a Strengthening SMP Taskforce with the Firm’s Managing Partner Mr. Helmi Talib and Nexia Singapore’s Director, Mr. Koh Wee Kwang as co-chairs. With this initiative, the sector is looking up to a transformative journey making it attractive to both businesses in need of professional services and talents in pursuit of continuous career growth. Explore our services: https://lnkd.in/dje8aX7 See current opportunities at HT that could get you onboard: ✅ Audit Associate (Singapore):https://lnkd.in/gh6hbHfh   ✅ Audit Associate (Philippines): https://lnkd.in/ggeKzAzh ✅ Accounts Associate (Philippines): https://lnkd.in/gA95yJXz ✅ Payroll Associate (Philippines): https://lnkd.in/gkXpCVur ✅ Compliance Associate (Philippines): https://lnkd.in/gzES8N_j Resource: https://lnkd.in/dyM9xhaX #HelmiTalibLLP #Hiring #Audit #Accountant #Compliance #KrestonGlobal

In a significant move towards reinforcing ethical standards within Singapore’s accounting profession, Institute of Singapore Chartered Accountants (ISCA) has issued EP 100 (revised on 8 August 2024) to adopt two International Ethics Standards Board for Accountants (IESBA) final pronouncements (FPs): ✅ Revisions to the Definitions of Listed Entity and Public Interest Entity in the Code (PIE FP) and revise the SG definition of “public interest entity” (PIE) in the Glossary of EP 100; and ✅ Technology-related Revisions to the Code (Technology FP). These revisions, effective December 15, 2024, will help equip accounting professionals with robust ethical standards in a dynamic and increasingly digital environment. As we move towards the implementation date, it is crucial for firms to familiarize themselves with the revised EP 100 to ensure compliance and uphold the integrity of the profession in Singapore and beyond.   For a detailed guide, refer to ISCA's issued article here: https://lnkd.in/g5GgxVsr #Accountancy #Accounting #EP100 #IESBA #HelmiTalibLLP #KrestonGlobal

An exciting and insight-filled gathering has just concluded last Friday at the ISCA House! 🎉 🤖 Some of our team members were in attendance at the Institute of Singapore Chartered Accountants (ISCA) Tech Fair for Small and Medium-Sized Practitioners (SMPs) in Singapore, where they gained valuable insights into the latest innovations in audit, accounting, cybersecurity, quality and practice management, and corporate secretarial sectors--- all whilst having fun through the VR games, showcases, and tech talks by industry practitioners. A huge thank you to ISCA for organising such a future-centric event. We look forward to leveraging the insights gained to continuously adapt our services to our clients’ technology-driven needs. #TechInnovation #SMPs #Accounting #Audit #Cybersecurity #CorporateSecretarial #CharteredAccountants #KrestonGlobal

Grouped into different teams, we had much fun collecting puzzle pieces that build up the Singapore we envision and the future we look forward to for the Firm. Little did we know that each piece--- gained apart, contributes to our collective vision as a team. Together, as one united people we celebrate Singapore’s independence and the opportunities that abound, far beyond every 9th of August. #HelmiTalibllp #Charteredaccountants #Krestonglobal #Celebration

In our pursuit of continued excellent service delivery, adapting to technological revolution is imperative. TeamMate Analytics is only one of the many tools we integrate into our processes that enable us to delegate our time and skills for more important and high-level tasks--- providing our clients with timely and quality solutions. Connect with us to explore the services we offer: https://lnkd.in/gxfWr-M6

We take pride in being a part of a nation that exemplifies resilience, innovation, and progress. We have nothing but wishes for the continued prosperity, peace, and unity of Singapore and its people. Majulah Singapura! 🇸🇬 🎆 🎊 #NationalDaySG #SingaporeGrowth #NDP2024 #HelmiTalibLLP #Krestonglobal

As of July 2024, ACRA - Accounting and Corporate Regulatory Authority recorded a total of 596,579 foreign and local registered business entities in Singapore ---drawing a continuous upward curve since the beginning of the year. The country's strategic location, robust infrastructure, and business-friendly environment have been attracting investors for business expansion amidst the rising costs of business operations. Kreston Global's latest publication delved into Singapore's business landscape, among other countries in Asia Pacific. Click on the link below and learn from our Managing Partner, Mr. Helmi Talib as he shares his insights into going global and how to begin it in Singapore with the help of the experts. #KrestonGlobal #HelmiTalibLLP #DoingbusinessinSingapore