GST Impact analysis and treatment

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.