Financial Management Services
We provide a range of accounting handling services that are applicable to all Sole Proprietorships, Partnerships and Private Limited Companies.
Our goal is to assist in the smooth running of your company’s accounts, making sure that yourOur goal is to assist in the smooth running of your company’s accounts, ensuring your business fulfils the compliance requirements stipulated by the regulatory authorities in Singapore in a timely manner. Our services include:
Management Accounting
Financial Management & Advisory
Financial Modelling
Financial Planning and Advisory
Risk Management
Merger and Acquisition
Grant Application
Management Accounting
If you need someone to look after your company accounts, chances are you need a handling accountant.
They advise companies about the implications of their business decisions, such as mergers, acquisitions, sponsorships, and business operations. This is to aid in the company’s future growth and profit.
They are also responsible for preparing monetary reports, budgets, statements, and sometimes financial risk management.
Difference between financial accounting and management accounting
Financial accounting collects accounting data to produce financial statements, while managerial accounting is the internal process used to account for corporate transactions. Before we go in-depth into the differences between the two, let’s find out more about what financial accounting is.
Financial accounting is used to present a company's financial health to external stakeholders. This enables the board of directors, stockholders, future investors, creditors, and financial institutions to understand how the company performed in the past. The reports are submitted once a year and must be made public if the company is a publicly-traded firm.
Management Accounting
Searches for bottleneck activities and investigates various methods for improving profits by reducing bottleneck difficulties.
Provides details on a company’s performance such as product line, profits by product, geographic region, and customer. Insiders more likely to receive management accounting reports.
Provides operational reports meant to be shared within the company.
Used to report on what is causing an issue and how to resolve it.
Does not rely on data and uses estimation for reporting.
Not required to comply with accounting standards as it is for internal usage.
Focuses on forecasting the company’s future.
Concerned about impact that assets and liabilities have on the company’s productivity.
Financial Accounting
Focuses on making a profit, not on the whole operation of the organisation
Summarises a company's overall performance. Outsiders more likely to receive financial accounting reports.
Provides financial statements that can be shared with internal and external shareholders, and the general public.
Used to report a company's profitability and efficiency.
Relies on accurate data for reporting.
Must comply with different accounting standards.
Historically focused, examines past financial results that the company has already achieved.
Addresses the correct value of the company’s assets and liabilities.
Financial Modeling
The most important decision-making methods in the field of finance are accounting models, but they often do not function optimally.
Far too often, when the model has not been professionally designed, or when a variety of individuals have contributed to the model over the years and put their own 'stamp' on it, models become overly complex.
We help clients improve their internal models and allow them to make better and more timely decisions.
Financial Planning and Advisory
Effective organization determines the success of a business. We help make smart economic choices for our clients as we provide corporate advice or guidance to help clients reach their ultimate goals. We help clients to evaluate their priorities, risk tolerance, and phases of life or business, then determine a suitable investment class for them. Talk to us to learn more.
Merger and Acquisition
We help our clients to introduce new business strategies and build new structures of capital. With our expertise, we can ensure you get maximum value from your deals. Should you consider acquiring a company, merge or restructure, we are here to work with you and provide you with our independent view. We also provide Business Brokering services and promote our clients' business to the right investors with the right value.
Grant Application
Enterprise Singapore (formerly known as SPRING Singapore) is providing a grant called Enterprise Development Grant (EDG) which is designed to help Small and Medium-Sized Enterprises in Singapore build Core Capabilities, Innovation and Productivity and Access.
We can help you evaluate and apply for the grant by understanding your business model and needs. Contact us to learn more.
Financial Due Diligence
We cater to Financial Due Diligence to help our clients assess the risks in their businesses by having all the monetary, commercial, operational and strategic assumptions analyzed and validated. We assist our clients by shaping a view of the future regarding historical economic data, providing information on the business' operations, and helping to carry out all procedures necessary to assist clients in arriving at an informed decision
Due Diligence provides:
A view of the future based on previous trading experience.
Insight into a company's activities.
An assessment of the risks of a transaction and whether or not to proceed with the deal.
An appraisal of the price at which a transaction should be completed, as well as the guarantees and immunities that should be received from the seller.
About The Company
Our Mission
At Morrison Consultants, our mission is to empower businesses by delivering comprehensive consulting services that ensure growth, efficiency, and compliance. Through innovative solutions, expert advice, and personalised services, we commit to helping our clients achieve their business and strategic goals.
Morrison Consultants is Singapore’s top-tier consulting service provider that offers comprehensive services across various industries. Founded in 1987 as Raffles Corporate Advisory Services, the company had established itself as an experienced corporate service provider in Singapore and the Philippines. In 2018, the company was re-branded as Morrison Management and continues to be a trusted partner for businesses, offering them expert guidance and innovative solutions to navigate the complexities of today’s dynamic market landscape.
At Morrison Consultants, we are a team of seasoned professionals who are experienced in providing comprehensive and personalised consulting services. Our team possesses strong backgrounds in finance, business management, and technology, which allows them to prioritise client success through tailored strategies and actionable insights. Each member of our team is committed to delivering excellence and building long-term relationships with our clients. We work closely with our clients and adopt a collaborative approach to understand their needs and challenges, which helps to tailor corporate solutions that drive results.
Why Choose Us?
Following are the reasons why you should choose Morrison Consultants for your corporate needs.
● Proven Track Record: We have more than a decade of corporate experience and successful consulting engagements with businesses of all sizes.
● Comprehensive Services: We provide a full spectrum of consulting services under one roof.
● Experienced Professionals: Our team comprises industry experts and qualified professionals dedicated to your success.
● Client-Centric Approach: We offer personalised services tailored to meet your unique needs.
● Legal Compliance: We strive to ensure that all your processes are compliant with the regulations and standards.