Consultancy by AW

Services we provide

Valuation Of Businesses & Assets​

A business valuation is a general process of determining the economic value of a whole business or company unit. Business valuation can be used to determine the fair value of a business for a variety of reasons, including sale value, establishing partner ownership, taxation, and even divorce proceedings. Owners will often turn to professional business evaluators for an objective estimate of the value of the business.

Advance Taxation

Advance tax means income tax should be paid in advance instead of lump sum payment at year end. It is also known as pay as you earn tax. These payments have to be made in instalments as per due dates provided by the income tax department.

Transfer Pricing

Transfer price, also known as transfer cost, is the price at which related parties transact with each other, such as during the trade of supplies or labor between departments.

Mergers & Acquisition

M&A involves the process of combining two companies into one. The goal of combining two or more businesses is to try and achieve synergy – where the whole (new company) is greater than the sum of its parts (the former two separate entities).

Financial Controller & Budgeting​

Overseeing the accounting function of a company, ensuring that accounting records are kept appropriately and that reported results comply with accounting standards and relevant legislation

Purchase Price Allocation

Purchase price allocation (PPA) is an application of goodwill accounting whereby one company (the acquirer), when purchasing a second company (the target), allocates the purchase price into various assets and liabilities acquired from the transaction.

Acquisition And Disposal Of Shares (IFRS 3)​

Purchase price allocation (PPA) is an application of goodwill accounting whereby one company (the acquirer), when purchasing a second company (the target), allocates the purchase price into various assets and liabilities acquired from the transaction.

Impairment Testing (IAS 36)​

The core principle in IAS 36 is that an asset must not be carried in the financial statements at more than the highest amount to be recovered through its use or sale. If the carrying amount exceeds the recoverable amount, the asset is described as impaired. The entity must reduce the carrying amount of the asset to its recoverable amount, and recognise an impairment loss.

Specialist Fair Value Measurement (IFRS 13)

IFRS 13 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). When measuring fair value, an entity uses the assumptions that market participants would use when pricing the asset or the liability under current market conditions, including assumptions about risk. 

Tax, Estate & Matrimonial Disputes​

CFO On Demand​

We work closely with business owners, executives and managers, CFO Services On Demand. Services includes business plans, financial modeling & forecasting, budget & tax planning and more.

Finance

Manage loan financing and restructuring of current company’s debt

Worked with DBS, Maybank, Standard Chartered, UOB, OCBC loan relationship officer to manage the company’s loans

Loans include working capital loan, SME working capital, unsecured business loan, Temporary Bridging Loan, Property Financing Loan

Working Capital Loan
(Effective interest rate 4-8%)
Secured loan with collateral
(interest rate 1-4%)

Frequently Asked Questions

IFRS3 measures the cost of the acquisition at the fair value of the consideration paid; allocates that cost to the acquired identifiable assets and liabilities on the basis of their fair values; allocates the rest of the cost to goodwill; and recognises any excess of acquired assets and liabilities over the consideration paid (a ‘bargain purchase’) in profit or loss immediately

Source: https://www.ifrs.org/issued-standards/list-of-standards/ifrs-3-business-combinations/

The core principle in IAS 36 is that an asset must not be carried in the financial statements at more than the highest amount to be recovered through its use or sale. If the carrying amount exceeds the recoverable amount, the asset is described as impaired. The entity must reduce the carrying amount of the asset to its recoverable amount, and recognise an impairment loss. IAS 36 also applies to groups of assets that do not generate cash flows individually (known as cash-generating units).

Source: https://www.ifrs.org/issued-standards/list-of-standards/ias-36-impairment-of-assets/

IFRS 13 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). When measuring fair value, an entity uses the assumptions that market participants would use when pricing the asset or the liability under current market conditions, including assumptions about risk. As a result, an entity’s intention to hold an asset or to settle or otherwise fulfil a liability is not relevant when measuring fair value.

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