Lionsworld Accounting Services
Accounting Services for Singapore SMEs — From S$60/Month
Monthly bookkeeping, annual financial statements and XBRL preparation, handled by a Singapore-based team.
Accounting Services for Singapore SMEs
ACRA-compliant bookkeeping, financial statements & XBRL handled by a trusted Singapore team. Get a free, no-obligation quote today.
Monthly bookkeeping
Keep Your Accounts Current Every Month
Ongoing bookkeeping for SMEs that need reconciled records, clearer monthly figures and an easier year-end handover.
Businesses that want their transactions recorded and bank accounts reconciled throughout the year.
What is included
- Monthly transaction recording
- Expense categorisation
- Bank and credit-card reconciliation
- Receivables and payables tracking
- Monthly management reports
Monthly plan
Annual bundle: S$660/year. One month free compared with monthly billing.
Annual financial statements
Prepare a Clear, Professional Year-End Report
Annual statement preparation for companies that need professionally compiled financial information after their financial year ends.
Companies with completed bookkeeping records that need their annual financial statements prepared and compiled.
What is included
- Preparation and compilation of financial statements
- Statement of financial position and profit or loss
- Cash-flow statement and changes in equity
- Notes to the financial statements
- Directors’ statement or report
Fixed annual fee
Based on complete and properly maintained bookkeeping records.
XBRL preparation
Convert Your Statements into Submission-Ready XBRL
XBRL conversion and validation for companies whose completed financial statements need to be prepared in the required electronic format.
Companies with completed financial statements that require simplified or full XBRL preparation.
What is included
- Conversion to ACRA-compliant XBRL format
- Mapping to the applicable ACRA taxonomy
- BizFinx validation and error checks
- Review of totals, formatting and tagging
- Submission-ready XBRL file
Preparation fee from
Final fee depends on complexity and whether simplified or full XBRL is required.
Why Singapore SMEs Choose Lionsworld
Accounting Support You Can Count On
Get the financial work handled by a Singapore-based team, with a clearly defined scope, itemised pricing and direct access to support when you need it.
Established Local Experience
Lionsworld has supported Singapore businesses for more than 40 years. Your work is handled by a locally based team familiar with Singapore’s business environment.
Coordinated Services, Clear Scope
Bookkeeping, annual statements, XBRL preparation and corporate secretarial support can be coordinated through Lionsworld. Each service is scoped separately, so you know exactly what is included.
Clear Pricing and Human Support
Receive an itemised quotation before work begins and contact the team through WhatsApp, phone, email or an in-person visit to the Singapore office.
Not Sure Which Accounting Service You Need?
Share your financial year-end, approximate transaction volume and current accounting status. Our team will help you identify the appropriate next step.
Choose the Support Model That Fits Your Business
Lionsworld vs. Online-Only Providers
Digital platforms can be convenient for straightforward requirements. Lionsworld is designed for founders and SME owners who also value local access, coordinated support and a clearly defined service scope.
Speak Directly with a Singapore-Based Team
Contact Lionsworld through WhatsApp, phone, email or an in-person visit when your question needs a human response.
Primarily Digital Communication
Support is commonly delivered through email, chat, dashboards or ticket systems, depending on the provider and service plan selected.
Accounting and Corporate Services Under One Roof
Bookkeeping, annual statements, XBRL preparation and corporate secretarial support can be coordinated through the same Singapore service provider.
Scope Varies by Platform and Package
Some platforms offer an integrated range of services, while others may require separate plans, specialists or third-party providers.
Itemised Quotation Before Work Begins
The agreed quotation identifies the services, assumptions and fees included, helping you understand what Lionsworld will handle before you proceed.
Standardised Plans and Optional Add-Ons
Pricing is commonly organised into fixed tiers. Businesses should check transaction limits, exclusions and additional service charges before selecting a plan.
Ready to outsource your accounting? Get a quick quote on bookkeeping, compilation, or XBRL today.
ACRA Filing Notice
Late Annual Returns Can Lead to Penalties
Singapore companies must file their Annual Return by the applicable deadline. The late-lodgement penalty depends on how long the filing remains outstanding.
Repeated or unresolved defaults may lead to further enforcement action against the company and its directors. One missed deadline does not ordinarily mean that a director automatically loses their position.
Applies when the Annual Return is lodged within three months after its filing deadline.
Applies when the Annual Return remains outstanding for more than three months after its filing deadline.
Frequently Asked Questions About Accounting Services
Which accounting service does my company need?
The right service depends on the current state of your accounts:
- Monthly Bookkeeping is suitable if you need transactions recorded, bank accounts reconciled, and financial records kept up to date throughout the year.
- Annual Financial Statements suit you if your financial year has ended and you need a professionally compiled set of statements.
- XBRL Preparation suits you if your completed financial statements need to be converted into the required XBRL format.
Not sure which applies? Tell us your financial year-end, approximate transaction volume and current accounting status. Our team will recommend the appropriate service.
How much do Lionsworld’s accounting services cost?
Our current starting prices are:
- Monthly Bookkeeping: From S$60 per month
- Annual Financial Statements: S$750 per year, excluding GST
- XBRL Preparation: From S$300, excluding GST
Your final fee will depend on factors such as transaction volume, record condition, reporting complexity and the exact work required. You will receive an itemised quote before work begins.
What is included in monthly bookkeeping?
Monthly bookkeeping covers the recording and categorisation of business transactions, bank reconciliation and the maintenance of organised accounting records.
The precise scope will be confirmed in your quotation. Additional work, such as clearing a historical backlog, preparing financial statements or handling tax matters, may be quoted separately.
Does every company need annual financial statements and XBRL?
Most Singapore companies must prepare annual financial statements, although the applicable preparation and filing requirements depend on factors such as the company’s type, size, solvency and dormancy status.
Not every company is required to file the same form of XBRL financial statements. Lionsworld can review your company profile and explain which accounting or XBRL preparation service is appropriate.
What documents should I provide for a quotation?
- Your company name and UEN
- Financial year-end date
- Recent bank statements
- Sales invoices and supplier bills
- Expense records
- Previous accounting reports or financial statements
- Estimated monthly transaction volume
- Details of any overdue or incomplete accounts
Can Lionsworld take over incomplete or overdue accounts?
Yes. We can review accounts that are incomplete, behind schedule or previously handled by another provider.
After assessing the available records, we will identify missing information, explain the work required and provide an itemised quotation. Backlog accounting or rectification work may be priced separately from the standard recurring service.
How do I get started?
- Your company’s financial year-end
- Your approximate monthly transaction volume
- Whether your accounts are current, incomplete or overdue
Ready When Your Business Is
Make Your Next Accounting Deadline a Non-Issue
Tell us where your accounts currently stand. Lionsworld will help you identify the right service, explain the scope clearly and provide an itemised quotation before work begins.
- Singapore-based support
- No-obligation enquiry
- Clear service scope
For all the ways you work, we’re here
Feel free to reach out to us, we are happy to help!
111 North Bridge Road, Peninsula Plaza
#21-01
Singapore 179098
Operating Hours: Mon-Fri
- 9:00 AM – 5:30 PM (Closed for lunch from 11:30 AM – 12:30 PM)