Top 11 Best Accounting Companies in Singapore
Finance & Accounting

Top 11 Best Accounting Companies in Singapore

Rick Johnson
Rick Johnson
September 25, 2025
Last updated on:

September 29, 2025

|

Read time: 10 mins

Accounting today isn’t just about ledgers and compliance; it’s a powerhouse of strategy, automation, and digital innovation. 

Businesses worldwide are embracing AI-driven insights, cloud-based systems, and outsourcing models to stay competitive in fast-changing markets. But while this transformation is global, Singapore stands out as a unique hub where these trends intersect with a thriving business ecosystem, a robust regulatory framework, and a strong push toward digital adoption. 

Suppose you want to understand where the future of accounting is headed. In that case, Singapore offers one of the clearest snapshots packed with insights, statistics, and opportunities that no forward-looking business can afford to ignore. 

That is why we have identified the Top 10 Accounting Companies in Singapore based on their innovation, service excellence, worldwide reach, and trustworthy reputations.

Industry Trends & Statistics in Singapore’s Accounting Sector

Singapore's accounting industry continues to evolve rapidly, driven by technological adoption, outsourcing, and compliance demands. Dynamic business needs and digital transformation fuel this.

Key Trends & Stats

  • Surge in Accounting Outsourcing: A 2023 survey by the Singapore Business Federation (SBF) found that over 45% of SMEs outsourced their financial reporting tasks, helping them achieve up to 30% monthly operational cost savings.
  • Rapid Growth in Finance & Accounting BPO: Singapore’s finance and accounting business process outsourcing (BPO) market generated USD 941.6 million in 2024 and is projected to grow to USD 1.49 billion by 2030, at a CAGR of 8%.
  • According to WiTalents, a digital transformation research portal, approximately 78% of accounting firms have adopted cloud computing technologies, a strong indicator of the shift toward flexible, real-time financial operations.

Top 11 Accounting Companies in Singapore

Top 11 Accounting Companies in Singapore

1. Invensis

Invensis is a global leader in Business Process Outsourcing (BPO), offering robust finance and accounting services that empower companies to streamline operations and focus on growth. With over 25 years of experience and a global team of 6,000+ professionals, Invensis combines deep domain expertise with advanced technology to deliver scalable and cost-effective accounting solutions across diverse industries.

Invensis
Specifics Details

Key Features

  • Full-Spectrum Finance & Accounting Outsourcing: Offers end-to-end outsourcing, including bookkeeping, accounts payable/receivable, payroll, financial analysis and reporting, record-to-report cycles, cash flow management, and tax preparation. These services are custom-tailored to align with client workflows and goals.
  • Robust Process Coverage: Supports workflows across Procure-to-Pay (P2P), including purchase requisitions, vendor management, payables, and mailroom, through to Order-to-Cash (O2C), encompassing billing, cash application, and collections.
  • Advanced Financial Close & Reporting: Delivers services like general ledger reconciliation, financial statement preparation, management & variance reporting, inventory accounting, and closing processes, ensuring efficient and compliant reporting.
  • Wide Software Tool Integration: Leverages a diverse tech stack (QuickBooks, Xero, NetSuite, Sage, etc.) to deliver bookkeeping, financial planning, compliance-driven record-to-report tasks, and strategic financial advisory.
  • Secure, Standard-Aligned Operations: As an ISO-certified provider, Invensis implements secure systems and process frameworks designed for accuracy, regulatory alignment, and business continuity.

Highlights

  • The firm has processed over 400 million invoices, handling data operations with integrity and precision at a global scale.
  • Invensis has managed invoice values exceeding USD 200 billion, showcasing trust in high-volume, high-value financial operations.
  • Serves clients ranging from Fortune 500 companies such as Philips, IBM, and Airbus, to fast-moving SMEs, demonstrating versatility and reliability in accounting BPO.
  • Invensis boasts a 99% accuracy rate and delivers 25–30% cost reduction for clients.
  • A 3PL (Third-Party Logistics) company partnered with Invensis A 3PL (Third-Party Logistics) company partnered with Invensis to overhaul its AP and AR invoice processing. Invensis implemented an advanced, technology-driven solution that achieved a 96% reduction in invoice processing errors.

2. Foo Kon Tan LLP 

Foo Kon Tan LLP is one of Singapore’s oldest accounting and advisory firms, established in 1968. 

As a proud member of HLB International, it combines strong local knowledge with worldwide reach to serve businesses in a variety of industries. The firm is well-known for its partner-led strategy and personalized service for mid-cap and publicly traded clients.

Foo Kon Tan LLP
Specifics Details

Key Features

  • Audit & Assurance: Offers statutory audits, financial due diligence, and ESG audit services.
  • Tax Advisory: Handles corporate and personal tax advisory, including GST structuring and IRAS audit management.
  • Corporate Finance, M&A & ESG Advisory: Supports mergers, acquisitions, and corporate restructuring through valuation, due diligence, and deal integration.
  • Outsourced Accounting & Reporting: Provides day-to-day bookkeeping, management reports, and group consolidation services to companies that want cost-effective and scalable back-office support.

Highlights

  • Foo Kon Tan is a principal member of HLB International, which achieved global revenues of approximately USD 23 million, with a regional presence spanning over 300 professionals in Singapore alone.

3. Nexia Singapore Pack

Nexia Singapore PAC is a leading public accounting firm dedicated to creating long-term value for businesses at every stage of growth, offering tailored services across audit, tax, advisory, and outsourcing.

With a team of over 100 seasoned professionals, they deliver high-quality, client-centric solutions grounded in trust, integrity, and responsiveness.

As the Singapore member of Nexia International, a top global accounting network with presence in over 125 countries, they combine local expertise with international capability to support clients around the world.

Nexia Singapore Pack
Specifics Details

Key Features

  • Audit & Assurance: Conducts thorough statutory audits, internal control reviews, and risk assurance aligned with IFRS/SFRS and Singaporean regulatory requirements.
  • Tax Advisory & Compliance: Delivers corporate tax, GST, transfer pricing, and personal tax planning solutions with strong IRAS compliance support.
  • Valuation & Transaction Services: Offers IPO readiness support, M&A due diligence, restructuring advice, and business valuations.
  • Accounting & Outsourcing Solutions: Delivers end-to-end services including bookkeeping, consolidation, financial reporting, XBRL conversion, and compliance support.
  • SME & Mid-Market Focus: Tailors accounting solutions to SMEs, family-run businesses, and regional mid-market clients with a hands-on, partner-led approach.

Highlights

  • Nexia TS clinched the Valuation Advisory Experts of the Year in Singapore (2021) award, affirming its excellence in valuation and transaction support.
  • Credibly supported over 38 IPO listings on the Singapore Exchange (Catalist and Mainboard) as Reporting Accountants, showcasing strong capital markets capability.
  • Integrates into CLA Global, a network spanning over 120 countries with more than 30,000 professionals, empowering cross-border accounting and advisory capabilities.

4. Paul Wan & Co

Paul Wan & Co. is a respected mid-tier accounting firm in Singapore, founded in 1986 and operating as a partnership. They cater to large corporate groups, listed companies, and SMEs, delivering audit, advisory, tax, and business support services. The firm is globally connected through membership in Morison Global, with its founder, Paul Wan, serving as Global Chairman, the first Asian to hold the role.

Paul Wan & Co
Specifics Details

Key Features

  • Audit & Assurance: Delivers high-quality statutory and internal audits, IPO readiness assessments, due diligence, and enterprise-wide risk assessments, with a focus on audit quality and business insight.
  • Tax Advisory & Compliance: Provides corporate, personal, direct, and indirect international tax services, including GST advisory, transfer pricing, property tax, R&D credits, and more.
  • Corporate Finance & IPO Advisory: Guides clients through IPO readiness, M&A, valuation, due diligence, private equity transactions, restructuring, and capital raising.
  • Accounting & Business Support: Offers bookkeeping, financial reporting, outsourced accountancy, payroll, forensic investigations, and statement preparation for tailored support.
  • Business Consulting & Digital Advisory: Covers business transformation, technology enablement, blockchain, digital assets, cybersecurity, and process solutions.

Highlights

  • The firm is connected through Morison Global, with Paul Wan serving as the network's Global Chairman, a role marking a first for an Asian professional in that position.
  • Over 70% of their clients consist of listed companies, MNCs, and branches of foreign listed entities across diverse industries.

5. Moore Stephens LLP Singapore 

With over 30 years of experience in Singapore, Moore Stephens (now Moore Singapore) is part of the Moore Global Network, a leading accounting association with 563 offices in 116 countries, more than 37,000 people, and annual revenues of over US$5.1 billion.

Known for delivering practical, value-driven advice beyond compliance, they serve a diverse clientele from public-listed firms to entrepreneurs across multiple sectors.

Moore Stephens LLP Singapore
Specifics Details

Key Features

  • Assurance & Advisory: Performs statutory and internal audits, IPO accountant services, financial statement reviews, and compilation services, helping clients meet compliance with clarity.
  • Business Outsourcing & Outsourced CFO: Offers a scalable finance function: bookkeeping, payroll, budgeting, forecasting, cloud accounting support, financial modeling, and outsourced CFO services that provide strategic and operational management assistance.
  • Business Advisory & Financial Transactions: Provides advisory services including strategic planning, business structuring, corporate governance, financing, M&A, and tax planning, and forward-looking support to drive growth and market positioning.

Highlights

6. HLB Atrede

Founded in 2001 from the merger of Steven Tan & Co. and B H Tan & Associates (later rebranded to HLB Atrede), this dynamic mid-tier firm has quickly risen through the ranks to become one of Singapore’s top 14 accounting firms. It's recognized for its hands-on, entrepreneurial approach and seamless execution across assurance, tax, advisory, and accounting services.

HLB Atrede
Specifics Details

Key Features

  • Outsourced Accounting & CFO Support: Includes bookkeeping, financial statement compilation, outsourced CFO services, and XBRL conversion for statutory filings.
  • Periodic Reporting & Management Insights: Prepares financial reports, consolidations, and delivers strategic insights via cloud-enabled platforms.
  • Payroll & HR Outsourcing: Manages payroll, statutory contributions (CPF, CDAC, etc.), e-payslips, and year-end IR21 processing for foreigners.
  • Business Process Outsourcing (BPO): Offers a comprehensive, integrated service model that combines accounting, payroll, and HR, all supported by technology.

Highlights

  • Serves over 700–1,000 clients across diverse industries such as electronics, marine, technology, manufacturing, and education.
  • Ranked among Singapore's largest accounting firms within the top 14 by size, while also holding accreditation as a training organisation under the Singapore Qualification Programme.
  • As an independent member of HLB International, HLB Atrede benefits from a robust global network of over 150 countries, with more than 38,700 professionals and over 1,000 offices worldwide.

7. Crowe Singapore

Crowe Horwath First Trust (“Crowe Singapore”) is a respected mid-tier accounting and advisory firm that hinges its value on “Smart decisions. Crowe Singapore has over 20 years of local expertise, backed by Crowe Global’s Top-10 international network.

With 24 partners and 100+ professionals, it delivers audit, tax, advisory, valuation, and outsourcing services to listed companies, MNCs, and SMEs. The firm is recognized for delivering partner-led, client-focused solutions that strike a balance between global insight and local market agility.

Crowe Singapore
Specifics Details

Key Features

  • Total Finance & Accounting Outsourcing: Offers comprehensive outsourcing solutions. Outsourcing your entire finance function enables management to focus on strategic decisions while Crowe handles operational tasks.
  • General Ledger Accounting & Reporting: Includes preparation of periodic financial statements, group consolidation, board and investor reporting packages, bank reconciliations, asset accounting, and audit support.
  • Payroll Processing: Delivers complete payroll services, processing net payroll disbursements (including variable commissions), payslip distribution, and management summary reporting.
  • Vendor Payment Solutions: Streamlines accounts payable by handling supplier invoice processing, cheque issuance, statement reconciliation, and procurement administration.
  • Flexible Cost Structure: Enables variable-cost financial operations via service-based pricing and infrastructure reuse, removing fixed in-house costs.

Highlights

  • Part of a fast-growing global accounting network, Crowe Global generated $5.8 billion in sales in 2024, a 10% year-on-year increase.
  • Crowe Singapore supports over 42,000 experts in over 150 countries, bolstering its international accounting capabilities.

8. PKF-CAP LLP (PKF Singapore)

PKF-CAP LLP, a distinguished member of PKF International, offers high-quality, partner-led accounting and advisory services in Singapore. Rooted in the firm belief of delivering “global expertise with local knowledge,” it brings deep Singaporean market understanding combined with a robust international network.

PKF-CAP LLP (PKF Singapore)
Specifics Details

Key Features

  • Audit & Assurance: Offers statutory and internal audits, risk reviews, and ESG assurance with a reputation for precision and compliance-focused insight.
  • Tax Advisory & Compliance: Delivers corporate, personal, and indirect tax guidance, including transfer pricing, designed for both local and international entities.
  • Business Advisory & Transactions: Supports M&A due diligence, valuation, pre-IPO readiness, forensic accounting, restructuring, and litigation advisory.
  • Business Solutions & Outsourcing: Provides outsourced accounting, payroll, corporate secretarial services, and business transformation solutions to streamline operations.
  • Risk & Internal Audits: Offers internal control reviews, fraud investigations, compliance audits, and governance advisory to strengthen organizational robustness.

Highlights

  • Awarded “Accountancy Firm of the Year” at the International Accounting Forum & Awards 2025.
  • Earned the Cyber Trust Mark (Tier 3) from Singapore’s Cybersecurity Agency (CSA), solidifying its commitment to cybersecurity and data protection.
  • Recognized by HRD Asia for leading innovation in human resources.
  • Certified as a “Great Place To Work,” underlining its supportive workplace culture, staff satisfaction, and retention excellence.
  • Acknowledged for its strong human capital practices and internship excellence in the inaugural government “Good Company Report.”

9. Lo Hock Ling & Co.

Founded in 1983, Lo Hock Ling & Co. is a well-established mid-tier public accounting firm in Singapore, delivering personalized service since its inception. With a seasoned team of over 90 professionals, the firm serves entrepreneurs, SMEs, listed entities, and nonprofit organizations, supported by global reach through its membership in LEA Global.

Lo Hock Ling & Co
Specifics Details

Key Features

  • Audit & Assurance: Offers statutory audits, internal audit, internal control reviews, special-purpose audits, due diligence, and fraud investigations, all tailored to clients' operational needs.
  • Tax Advisory & Compliance: Handles corporate and individual tax compliance, GST advisory, tax audits, integrated tax planning, and cross-border tax consultation.
  • Business Advisory & Corporate Finance: Supports clients in fundraising, mergers and acquisitions (M&A), company incorporation, business valuation, restructuring, and litigation support.
  • Outsourced Accounting & Outsourcing Solutions: Provides end-to-end outsourced accounting, payroll, corporate secretarial services, and IT consulting including ERP implementations and management reporting.
  • Technology-Enabled Advice: Integrates information technology consulting such as Sage ERP deployment, management report customization, systems integration, and e-business development into accounting service delivery.

Highlights

  • Recognized by the Singapore Accountancy Commission as an ATO for the Chartered Accountants Qualification Programme, supporting recruitment and professional development.
  • As a member of LEA Global, the firm is connected to over 150 firms across 100 countries, enabling seamless cross-border advisory services.

10. RSM Singapore

RSM Singapore is one of the major professional services organizations outside of the Big Four, renowned for providing personalized and rapid accounting solutions. 

With over 30 years of experience, it serves a diverse range of clients, from startups to international organizations. The firm is also a Singapore member of RSM International, a leading worldwide network that spans over 120 countries.

RSM Singapore
Specifics Details

Key Features

  • Fund Expertise: Serves over 150 fund managers and MAS-regulated entities with AUM from S$1M to S$1.5B+.
  • Comprehensive Fund Accounting: Offers capital call support, financial reporting, investor statements, and SFRS/IFRS compliance.
  • Assurance & Audit Services: Provides fund audits, internal control reviews, ESG assurance, and OSPAR compliance.
  • Tax & GST Advisory: Delivers tax planning, annual filings, and GST advisory tailored to fund structures.
  • Regulatory & Risk Advisory: Covers compliance, internal audits, valuation, governance, and cybersecurity risk.
  • Outsourced Accounting Solutions: Offers bookkeeping, payroll, company formation, and secretarial services via AccountServe.

Highlights

  • As a member of RSM International, the sixth-largest accountancy network globally with over 64,000 professionals in 120+ countries, RSM Singapore benefits from global standards and cross-border consistency.
  • Officially appointed as a service provider for Singapore’s Economic Development Board (EDB), supporting ASEAN market entry with tailored finance, accounting, and advisory support.

11. Baker Tilly TFW

Baker Tilly TFW is one of Singapore’s top ten accounting and consultancy firms, noted for providing personalized solutions to growing organizations. As part of the worldwide Baker Tilly network, the company blends international expertise with local knowledge to help clients at every stage.

Baker Tilly TFW
Specifics Details

Key Features

  • Corporate Secretarial Support: Through Park Crescent Services, they handle incorporation, statutory filings, governance maintenance, and employment pass administration.
  • Outsourced Accounting Services: Via TFW Management Services, they offer bookkeeping, financial statement preparation, consolidation, backlog clean-up, and systems setup for businesses of all sizes.
  • Payroll & Disbursement Services: Handles complete payroll processing, including CPF and payslip issuance, and voucher/payment preparation and execution via online banking.
  • GST Filing & Compliance: Offers registration support and prepares and submits GST returns on behalf of clients.
  • XBRL Financial Statement Conversion: Prepares financial statements in full or simplified XBRL formats, ensuring compliance with ACRA’s mandated reporting requirements.
  • Flexible & Scalable Outsourcing: Designed for start-ups, SMEs, and non-profit organizations, outsourcing frees clients from staffing, training, or turnover concerns and ensures timely financial reporting.

Highlights

  • A team of approximately 340 professionals serving a range of clients, from SMEs to listed companies and public-sector entities.
  • Launched the ASEAN Resource Centre to support intra-regional SME expansion, targeting a 100% increase in intra-regional revenue within three years.

Conclusion

Singapore’s accounting industry is rich with global networks and reputable local firms. From Nexia’s worldwide presence to Crowe’s innovation, Moore’s client-first focus, HLB Atrede’s tailored services, PKF-CAP’s advisory expertise, and Lo Hock Ling & Co. 's trusted local support, businesses can find the right partner for their unique needs.

The best accounting firm isn’t just about compliance; it's about strategy, growth, and long-term success. Whether you’re an SME looking for cost-effective solutions or a multinational in need of global reach, Singapore offers top-tier firms that deliver both technical precision and business insight. Choosing the right one can make all the difference in building resilience and unlocking future opportunities.

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