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Corporate Compliance and Financial Profile

 

The Corporate Compliance and Financial Profile (CCFP) is an electronic report that provides a quick and handy checklist to gauge the financial health of a company at one glance. Its contents include:

  • Business profile information
  • Compliance rating status
  • Financial profile based on up to three years of comparative data
  • Financial ratios
  • Audit opinion in auditors’ report
  • Directors’ opinion in Statement by Directors

Click here for a sample of CCFP

Useful information that can give your business the competitive edge

Description
Business Profile

Data on overall status of company such as:

- Name of company, incorporation date

- Principal activities, address

- Capital amount, issued and paid-up share capital

- Annual General Meeting (AGM) information

- Annual Return (AR), date of lodgement

- Officers, shareholders, liquidators and audit firm

Compliance Rating

Indicates if a company adheres to three statutory requirements in the Companies Act

- Timely holding of AGM

- Laying of up to date financial statement at AGM

- Timely filing of AR

Financial Profile

Key highlights of financial statement such as:

- Balance Sheet

- Profit & Loss

- Cashflow statement

Financial Ratios

Indicates financial health of a company in terms of:

- Liquidity

- Profitability

- Operating Efficiency

- Solvency

Audit and Directors' Opinion

Give insight on:

- Audit Opinion: What is the auditors' opinion of the financial statements?

- Directors' Opinion: Whether the company's director see the accounts drawn up  to show a true and fair view

How the CCFP can help in your business

If you are a professional firm:

  • Perform a quick reference check, before accepting a client, on:

    - Adherence to statutory requirement in the Companies Act

    - Business and financial profiles including financial ratios

    - Audit and Directors' Opinion

    • Conduct competitive analysis to benchmark the performance of companies managed by other professional firms
    • Get a quick high level overview of key companies (listed, non-listed companies and SMEs)
    • The CCFP is also useful for clients who need to undertake legal due diligence on a particular entity

    If you are an Investor:

    • Looking at a merger or an IPO?

      - Find out if the prospective company makes prompt disclosures and has a good compliance record

      - Check out the business and financial health of the prospective company

    If you are a Business Enterprise Owner:

    • Check out the compliance records of your business partners and if they are complying with statutory requirements in the Companies Act
    • Find out the business potential and financial health of your business partners and competitors
    • Check out the key companies (listed, non-listed companies and SMEs) with the CCFP 

    How to purchase Corporate Compliance and Financial Profile

    • Click
    • Select the “Corporate Compliance and Financial Profile” option under the product menu in iShop

    Cost

    $50 per report

      Processing Time

      Upon successful payment for purchase of Corporate Compliance and Financial Profile/s, an email containing the URL to the Corporate Compliance and Financial Profile will be sent to you within 30 minutes. Alternatively, you can login to BizFile using your identification number and SingPass, and download the information from your inbox.

      Note: Please save your purchased information as all URLs to electronic information will expire in 48 hours from the time of purchase.

      Non Availability

      Non-availability may be due to any of the following reasons:

      • Non-filing of XBRL accounts (e.g. filing of PDF accounts only or accounts not required to be filed with ACRA); or
      • Assets and liabilities presented in order of liquidity, instead of current/non-current classification; or
      • Exempted from audit requirements; or
      • Invalid computation results (e.g. denominator = zero)

      Explanations of Data Fields

      Please click here for the detailed explanation on compliance rating, financial data and ratios, and audit opinion.

        Last Updated/Reviewed on 02 Apr 2013