Blog

What Every Singapore Director Must Know About the Goh Jin Hian Case: Lessons on Legal Duties and Liabilities Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA [Aust] / MBA Published 25 June 2025 Introduction The landmark case of Goh Jin Hian v Inter-Pacific Petroleum Pte Ltd [2025]…

Construction Accounting Challenges: FRS 115 Compliance Lessons from a Singapore Contractor’s First Audit Introduction Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA [Aust] / MBA Published 26 May 2025 When SC Contractors Pte Ltd approached us to assist with their first audit for the financial year ending…

Exploring New Opportunities: Starting Your Entrepreneurial Journey Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA [Aust] / MBA Published 08 May 2025 Exploring New Opportunities: Starting Your Entrepreneurial Journey In today’s rapidly evolving job market, where automation, artificial intelligence, and global economic shifts are reshaping industries, lifelong…

A Comprehensive Guide for Nominee Directors in Singapore: Legal Obligations, Case Studies, and Safeguards Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA [Aust] / MBA Published 09 April 2025 A Comprehensive Guide for Nominee Directors in Singapore: Legal Obligations, Case Studies, and Safeguards Nominee directors in Singapore…

Exploring New Paths: Upskilling, Trades, and Entrepreneurship Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA [Aust] / MBA Published 14 March 2025 Singapore has long been admired for its vibrant economy and low unemployment rates. However, in recent years, the labor market has been facing significant challenges.…

A Success Story: How We Helped an IT Firm Achieve Growth and Efficiency Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA [Aust] / MBA Published 28 February 2025 A Partner in Success At S C Mohan PAC and our affiliate firm, we take immense pride in being more than…

What Auditors Look for in Directors’ Loans: A Simplified Guide for Businesses Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA [Aust] / MBA Ben Chia Director / Audit Partner – B. Accs, CA [Singapore], ISCA Directors’ loans – transactions between a company and its directors – are…

Directors’ Loans in Singapore: Tax Rules, Examples, and Compliance Tips Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA [Aust] / MBA Published 09 January 2025 Directors’ Loans in Singapore: Tax Rules, Examples, and Compliance Tips This blog is the second part of our series on directors’ loans.…

Directors’ Loans in Singapore: Compliance, Benefits, and Restrictions Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA [Aust] / MBA Published 10 December 2024 As a small company director in Singapore, you may have questions about taking loans from your company. Let’s explore some common queries and provide…

Trade Receivables and Expected Credit Losses Key Considerations for Singapore’s Small Enterprises Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA / MBA Published 08 November 2024 Introduction: As an accountant, bookkeeper or financial decision-maker in a small company in Singapore, understanding how to manage Expected Credit Loss…

Navigating Year-End Financial Reporting 4 Essential Tips for Year-End Closing Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA / MBA Published 21 October 2024 The year-end closing process is a critical phase in financial reporting, encompassing a series of essential steps to ensure your financial statements accurately…

Crafting Effective Director and Shareholders Agreements for SMEs in Singapore Chandra Mohan [Managing Director] Founder / Senior Audit Partner / FCA [Singapore] / FCCA / CPA / MBA Published 27 August 2024 Introduction This post is targeted at directors and senior management of SMEs in Singapore. As key decision-makers, you play a critical role in…

Doing Business in Singapore   Basic Information   Number of Days for Opening a Company Name application – minimum 1 working day (provided no referral authority involved) maximum 60 days (if referral involved). Company registration – 1 to 2 working days upon completion of client due diligence and return of duly executed documents. In certain…