By JoAnne Hsieh

"I have never regretted the day I decided to outsource my company's accounting and tax to a qualified Certified Public Accountan"

"Firstly, I can never stress the importance of getting someone who is a qualified accountant (CPA). A typical book keeper who is not qualified will only do more harm to your accounts. Therefore, always ask for your accountants"

Ms Hsieh, entrepreneur and business owner

Benefits of outsourcing:

1. No more staff and space costs concerns I can now save on CPF and other employee benefits which I would have to pay should there be a full time accountant in my company. Furthermore, I don't have to worry about space costs which is as high as $8psf in certain areas these days!

2. Costs of recruitment and retraining are eliminated I have seen at least 3 of my accounting staff leave my company in a spate of 3 years! The costs of recruitment are very high plus the need to train someone new adds more to the costs when someone leaves. This is totally eliminated when you outsource your accounting functions.

3. Time to focus on business development With the need of finding someone new eliminated, I had the opportunity to focus my energy on growing my business. More time to meet clients and develop new business.

4. Get a qualified CPA, not a mere book keeper A CPA will only enhance the value of your business by providing quality financial statements and value-added advice. CPAs are qualified and therefore, are quicker to understand your business.

Qualified CPAs need not be found only at the Big 4 accounting firms. We are here to serve all your accounting needs.

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