Our service offerings under GST impact analysis and treatment include the following:
- Perform initial reviews on business structure and operations.
- Conduct meetings with management to create awareness of GST
- Participate in discussions with management to deliberate specific transactions impacted by GST
- Assist in appointing GST team(s)/ co-ordinator(s) for facilitation and co-ordination across functions
- Participate in deliberations with the management regarding the nature of business operations, operating structure and various service offering model(s).
- Review the accounting system to analyse the applicable key process.
- Review the organizational chart/ group structure for identification of business unit(s)/ core business processes.
- To assess the complexity of your group’s business transaction and advise on the GST implication.
- To assess key operational issues to be addressed including strategic impact of GST on financial reporting, profitability pricing and cash flow of the group.
- To review all existing contracts entered into by the company with the objective of determining the appropriate GST treatment.
- To analyze the current business arrangement of the company and identify issues that are subject to transitional rules and the relevant issues that have arisen.
- Assist in evaluating likely impact to cash flows, pricing strategies, business contracts and day-to-day accounting for sales and purchases.