Training

Learning what is correct and current is the first step towards compliant and carefree accounting.

Even the best players improve their game after they train, and the better they play, the more wins they score for the team. Staying on top of the latest updates in accountancy, taxation and accounting technology can help your team and your business stay on top of their game.

With the help of a reliable provider of accounting/bookkeeping training in Singapore, you can be sure that the members of your staff who are handling your financial records and filing your taxes are following industry best practices. You equip them with the skills they need to do their job right, and boost their morale, their confidence in your company, and their performance at work at the same time.

An investment in the training of your in-house accounting staff is also an investment into the optimisation of your profitability and your business processes. You will save time, effort and resources while keeping your books straight and filing your taxes, and steer clear of the penalties that await those who, due a lack of know-how or skill, perform their accounting duties incorrectly.

You and your staff deserve training from experienced professionals with a proven track record of helping businesses like yours, and who practise what they preach. Get the quality training you deserve from U Ventures.

 

In-house Accounting, Taxation & Finance Training for Employees

Our instructors are practising accountants who are well-versed in International Financial Reporting Standards (IFRS) and Singapore’s taxation regulations. They understand what your business needs and what your accounting staff needs to know, now.

Your employees will be brought up to speed with the latest software and techniques, as well as updates in statutory accounting and bookkeeping such as those involving tax benefits, deductions and deadlines.

More importantly, your staff will also be trained to analyse and interpret the figures they record, enabling them to draw conclusions that make an impact on the way your business is run. Training sessions are conducted exclusively for your staff at your offices or a venue of your choice. Adjustments may be made in terms of training coverage, skill level, duration and the number of trainees.

Training fees for staff development are granted administrative concession or are exempt from income tax, according to the Inland Revenue Authority of Singapore (IRAS).

Why outsource your in-house training programmes from U Ventures?

  • We have more than 10 years of extensive experience in accountancy, management, banking and entrepreneurship.
  • Our experience as accounting professionals enables us to provide effective accounting training in Singapore.
  •  In providing bookkeeping training in Singapore, we leverage the latest accounting software and technology such as cloud-based accounting and online accounting solutions.
  • We are well-versed in the nation’s tax laws governing income, property, stamp duties, and goods & services as well as tax reduction tips and exemptions.
  • As an experienced tax advisor that provides step-by-step guidance in tax filing and payment, corporate tax training in Singapore is also one of our training specialities.

Why train in-house instead of attending outside training courses?

Training your accounting staff in-house has several advantages versus sending them to a training course. In-house training can be customised to cover specific training requirements your business might have, as opposed to generic basic accounting courses or basic bookkeeping courses. Your employees may even get to use your business’ actual financial records during training, facilitating the application of what they learn.

Clear and open communication with the training instructors as to the nature of your business and its accounting needs is therefore essential to getting the most out of your training sessions.

In-house training may also be scheduled around your staff’s availability, instead of having to work with the fixed schedule of an outside training facility. Holding your company’s training sessions at your office is also cost-efficient in terms of training fee per participant and travel expenses. You might, however, have to prepare your office as a training venue, i.e. set aside space or set up a projector.

Learning together likewise provides excellent opportunities for strengthening working relationships between employees, and helps them to work better as a team.

Startups and SMEs can learn from U Ventures’ expertise.

 

1. Bookkeeping and Accounting

  • Accounting Software
  • Sales Invoices/Sales Orders/Quotations
  • Accounts Payables
  • Accounts Receivable
  • Payroll
  • Bank Reconciliations
  • Project Costing
  • Stock Control
  • Managing Employee Expenses
  • Accounting Policies & Procedures
  • Generating Financial Reports
  • Understanding Your Company’s Accounts

2. Taxation

 

  • Tax Computation
  • Tax Forms
  • Filing Obligations
  • Tax Exemption Schemes
  • Capital Allowance, R&D Allowance
  • Tax Filing Errors
  • Alternative Income Sources
  • Group Reliefs
  • Double Taxation
  • Withholding Tax

We answer your Frequently Asked Questions about accounting and taxation training  in Singapore:

What’s the difference between bookkeeping and accounting?
Bookkeeping focuses on recording financial transactions, while accounting is about analysing, interpreting and summarising what is recorded. In other words, accounting also involves reporting or presenting actionable insights based on the analysis of what was recorded in bookkeeping.

Filing bills and receipts, and preparing invoices and payrolls are examples of bookkeeping functions. Preparing a budget or a financial statement, on the other hand, are examples of what is done in accounting.

Can you teach us online accounting even if we don’t have the software?
U Ventures can teach you how to use the latest online and cloud-based accounting software, such as Quickbooks Software and Xero Software, even if you have yet to acquire or use it at your own business.
Can you teach us how to file and pay taxes online?

Yes. We can advise you on the many ways you can e-file and pay corporate income taxes, which include online or internet banking, phone banking, or via mobile app. We can also help you choose the option that will best suit your business.

How often do we need to update our accounting training?
Staying up to date with the latest developments in Singapore’s tax policies is essential to minimising the tax burden on your business. Accounting technology providers must likewise register periodically with IRAS to ensure their software’s compliance with IRAS’ technical requirements. Conducting regular in-house training annually to keep abreast of these developments is therefore recommended
Can you train staff without previous accounting training or experience?
Yes. We can train your employees even if they have no accounting or financial background. They will be introduced to the basics of bookkeeping and accounting which includes how to keep books, journals and ledgers, how to prepare the necessary documents, and understanding accounting terminology.

Our
Clients.

Jew Kit Chicken Rice
I believe I’ll continue to engage the services of Uventures and also friends from F&B businesses which are usually located in different locations with multi outlets will find the clinics and their networks and link user friendly and provide a one stop support and solution for day to day matters for restaurants.

– LORANCE TOH, DIRECTOR

Linco Vending

As an entrepreneur myself, I believe the “think out of the box” clinic model will bring UVentures services closer to home to many more businesses and expand their business outreach to many more customers at their convenience.

– ROY TAY

EightFour

“The Uventures team has served us well in their accounting and corporate service. We believe that their new growth into franchise clinics, and their investment in time and effort will further standardise their process.”

– KEN GOH

Get in touch.

Contact Our Consultants Today! We will answer your queries and provide you
with our professional advice tailored to suit your needs.