One trusted professional partner for your company's accounting, tax, audit and compliance needs.
We help Singapore SMEs stay compliant, understand their numbers and make better business decisions.
One team for every compliance task.
Pick what you need. Not sure? Tell us about your company and we will recommend a scope.
Audit
Statutory and non-statutory audit
- Statutory financial statement audits
- SME audits
- Group and consolidation audits
- Special-purpose audits
- Non-statutory financial reviews
Tax
Corporate tax and tax advisory
- Corporate income tax and ECI
- Form C-S and Form C filing
- Tax computation and planning
- IRAS correspondence
- GST advisory
Accounting
Bookkeeping and accounting outsourcing
- Monthly bookkeeping and general ledger
- Bank reconciliation
- Receivables and payables
- GST reporting
- Management accounts
Payroll
Payroll outsourcing
- Payslips, CPF, SDL, SHG, FWL
- IR8A and IR21
- Leave and claims
- Payroll reporting
Corporate Secretary
Corporate secretarial and compliance
- Incorporation
- Annual returns
- Company registers and resolutions
- Director, shareholder and share changes
- KYC and AML/CFT checks
Business Insight
Beyond compliance
- Profit-to-Cash Review
- Project WIP accounting
- SFRS(I) 15 revenue recognition
- Management reporting and performance analysis
Understanding your numbers is where the value sits.
Filing and audit meet the rules. These two services show you where your cash and project margins stand.
Profit-to-Cash Review
Where is your cash going? Profit on paper does not always mean cash in the bank.
We help you find:
- Slow-paying customers
- Cash trapped in projects
- Supplier payment pressure
- Financing needs
- Cash-flow gaps
A paid review with a fixed scope. We agree both in writing before we start. You receive:
- A full bridge from profit to cash for your period
- A line-by-line look at receivables, payables, inventory and WIP
- A written report with prioritised actions
- One walkthrough session with a partner
Project WIP Accounting
Know the profitability of every project.
We help project-based businesses track revenue, cost, WIP and contract assets and liabilities under SFRS(I) 15.
Read more about project WIP accounting → Try the Project WIP CheckRun the numbers yourself first.
Four simple tools. You get an indicative answer in two minutes. Confirm with us before you act on any result.
Does my company need a statutory audit?
A private company usually qualifies for audit exemption when it meets two of the three tests below in two consecutive financial years. New company: enter the current year in both columns. Part of a group: enter group figures.
Estimate your corporate tax
Uses the 17% rate with partial exemption or start-up exemption. Excludes rebates, capital allowances and other reliefs.
Is my project profitable?
Cost-to-cost method (SFRS(I) 15 input method). Excludes retention, variation orders and claims.
Where did the profit go?
Enter figures for the period. Enter increases as positive numbers and decreases as negative numbers.
These tools give an indicative result. They are not audit, tax or accounting advice. Contact us to confirm your position.
Three steps. No jargon.
Tell us what you need
Message us on WhatsApp or fill in the short form. It takes a minute.
We scope and quote in writing
We confirm the scope, timeline and fee before any work begins.
We handle the work and the deadlines
We track filings, reports and due dates. You run your business.
HCFounder and partner
A small practice. Direct access to a partner.
C S Chow & Co was founded in 2008 by Henry C S Chow, PBM, and serves Singapore SMEs. A partner reviews your work and you speak to the people who do it.
Henry serves as treasurer of the Zhenghua CCC Community Development and Welfare Fund and has mentored students at SMU and members of ACCA.
We explain the numbers in plain language. We also build our own tools so you see results faster.
Credentials
- Practising Public Accountant, registered with ACRA
- Accredited Tax Practitioner (Income Tax and GST), Singapore Chartered Tax Professionals
- Fellow, Association of Chartered Certified Accountants (FCCA)
- Member, Institute of Singapore Chartered Accountants
- ASEAN Chartered Professional Accountant (ASEAN CPA)
- Completed the IVAS Chartered Valuer and Appraiser Programme and the ACRA AML/CFT Proficiency Test for Registered Filing Agents
- ACRA-registered Corporate Service Provider
- Member, Singapore Institute of Directors
- Public Service Medal (Pingat Bakti Masyarakat), National Day Award 2019
Henry C S Chow, personal member of ISCAArticles by Henry on LinkedIn
Practical views on accounting and audit. Each article opens on LinkedIn.
How To Know When To Let Your Accountant Go
How to judge whether your current accountant still fits your business.
Read on LinkedIn →Unlock the Secrets to Effective Audit Inventory Count Observation
An approach to observing inventory counts in an audit.
Find it on Henry's LinkedIn →Mastering Inventory Audits: A Comprehensive Guide for Auditors and Practitioners
A guide to inventory audits for auditors and practitioners.
Find it on Henry's LinkedIn →Streamline Lease Audits with the On-The-Job Training Guide: Audit Leases For Lessees
An on-the-job training guide for auditing leases from the lessee side.
Find it on Henry's LinkedIn →Questions owners ask us
Does a small company have to be audited?
Not always. A qualifying small private company is exempt from statutory audit. Banks, investors or other rules still require an audit in some cases. Use the tool above for a first check.
What is ECI and do I need to file it?
ECI is your estimated chargeable income. Companies file it with IRAS within three months of the financial year end, unless an IRAS waiver applies. Ask us to check your case.
What does a Singapore company need from a corporate secretary?
Every company appoints a company secretary, keeps statutory registers, holds an AGM where required, files the annual return with ACRA and records changes in directors and shareholders.
What is project WIP accounting?
For projects that run across periods, SFRS(I) 15 asks you to recognise revenue as work progresses. A WIP schedule shows cost, revenue, billing and the contract asset or liability for each project.
Is the Profit-to-Cash Review free?
No. It is a paid review with a fixed scope and a fixed fee, agreed in writing before we start. The online check on this site is free and gives an indicative picture only.
How do you charge?
We confirm scope and fee in writing before work starts.
Get a free consultation
Four fields. Under a minute.