Blog - Mighty Glory Corporate Solutions

IFRS 15 – Impact On The Construction And Advertising Industries

IFRS 15 specifies the circumstances under which an entity recognizes revenue as well as requiring companies to provide users of financial statements with more informative and relevant disclosures. The standard provides a principles-based five-step model to be applied...

COVID-19: What Can A Company Do To Ensure Sustainability?

covid-19 Introduction From late January 2020 onwards, the world has been plagued with news on the coronavirus disease (COVID-19, previously known as 2019 novel coronavirus). A pneumonia of unknown cause was originated from Wuhan City in Hubei Province of China....

How Does The Increased Water Prices Affect Singapore’s Various Industries?

At the 2017 Singapore Budget, it was announced that water prices were to increase for the first time in 17 years by up to 30 percent. Although the government made a clear attempt to reassure the media that “the increase is estimated to be less than $25 per month for...

Sole Proprietorship And Private Limited Company

Sole Proprietorship is the simplest business structure that can be formed easily with minimal cost and legal formalities. A single person operates this form of business and the owner is responsible for all the business obligations and losses. Owner has the entire...

Five Advantages of Million Accounting System

When consumers mention accounting software, several names like MYOB, ACCPAC and Quickbooks come to mind. But have you ever heard of Million Accounting Software? If you have not, let us have a quick look on this particular accounting tool. Million Accounting System...

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How To Improve The Company’s Cash Flow?

Mar 24, 2020 | Accounting, Business Tips, Finance, News

Introduction Cash flow is the amount of money coming in and out of the business. It is a great indication of an entity’s liquidity or its ability to short term obligations. Positive cash flow in the form of cash sales and collections means that the incoming cash is...

Why Your Company Should Consider Engaging Corporate Service Provider to Level Up Your Business?

Mar 23, 2020 | Business Tips, Commentary

Table of Contents Should I Consider Hiring a Corporate Service Provider in Singapore? What Is A Corporate Service Provider? What Does A Corporate Service Provider Do? Advantages Of Having A Corporate Service Provider Considerations In Having A Corporate Service...

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Our experienced professionals, of corporate service background, are skilled in accounting, payroll, compilation and taxation. Our personalised service, attitude and flexibility to offer personalised package, based on your business needs, are values.