Company Registration Specialist Offers the Solution to Beat the Accounting Talent Crunch

Share Article

“Outsourcing accounting tasks to specialists is part of the solution to counter the challenge of talent crunch for accounting and finance professionals. This will bring multiple benefits by reducing the burden on resources, being managed by experts in the area it will meet the highest standards and relieve the management to focus on core tasks at hand” says Mr. Satish Bakhda of, a corporate & accounting services provider based in Singapore.

Form a Singapore company

Singapore Company Registration Specialists

We provide high quality bookkeeping services to small and medium sized business. We manage a complete spectrum of accounting and bookkeeping functions.

His comment is in response to a recent survey finding which revealed that Singapore employers, looking to hire finance and accounting professionals, are finding it increasingly difficult to find suitably qualified talent. Robert Half Workplace Survey, which covered Singapore, Australia, Hong Kong and New Zealand, disclosed the growing concern.

Mr. Satish Bakhda says “Specialist bookkeeping firms could also encounter this talent shortage, but as dedicated agencies, firms like Rikvin, who have long track records, have best practices in place. Our experienced teams are thoroughly familiar with the regulatory requirements, accounting standards and practices in Singapore. Therefore we are able to accomplish the tasks more efficiently. In addition, we stay focused on honing the skills of our employees, apart from training and sponsoring our staffs to scale-up their accounting skills, we tap on the expertise of our senior staffs to develop our skill pool via knowledge sharing, peer-training and mentoring programmes geared to mould new recruits and younger colleagues. So, expert accounts & bookkeeping service providers have both the software and hardware to beat the talent crunch.”

SMEs face stiff competition and are also short of resources, but accounting and bookkeeping, although a supporting function for a business, it needs investment and attention to meet the present high demand for standards and compliance. An SME’s bookkeeping discipline will highly influence its potential to access credits, financial assistance and even government grants. So this function demands talents with exemplary domain knowledge and commercial acumen. In the current globalized markets, SMEs looking to expand require dynamic professionals with knowledge of accounting practices, standards and regulation in other markets as well. However unlike their MNC counterparts they cannot afford a battery of in-house staff. So the services of professional bookkeeping agencies are highly sought after.

Elaborating on the services of Rikvin Mr. Satish Bakhda says “At Rikvin we provide high quality bookkeeping services to small and medium sized business. We expertly manage the complete spectrum of accounting and bookkeeping function of a large number of clients. From bookkeeping, through estimating chargeable incoming and filing tax returns, we provide a comprehensive service to our clients at a fraction of the cost that they would otherwise incur. Initially it was just the small traders and businesses that engaged bookkeeping agencies to tidy their accounts and meet the year-end formalities, however the trend is very much different SMEs increasingly entrust us with their year-round book keeping task and indeed we do a meticulous job.”

About Rikvin:
Rikvin offers business solutions for both local and foreign investors and entrepreneurs. The firm’s specialties include company incorporation services, offshore company setup, incorporation and other related corporate services. Rikvin also provides taxation, immigration and application of Singapore work visa for foreign workers to work and relocate in Singapore. For enquires on local business compliance issues, visit our website at

Rikvin PTE LTD
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines : (65) 6438 8887


Share article on social media or email:

View article via:

Pdf Print

Contact Author

Satish Bakhda
Visit website