WLP Group

The story of Wirecard’s accounting fraud

Wirecard, once hailed as a promising fintech unicorn, shocked the financial world when it came crashing down due to a massive accounting fraud scandal. In this blog post, we delve into the events that unfolded, shedding light on the deception that shook investors, regulators, and the global financial community. This is a story that every … Read more

How accounting fraud has changed since technology

In the fast-paced digital world, accounting fraud has adapted and transformed alongside technology, creating new challenges for businesses and financial professionals. The integration of advanced technology into financial systems such as Xero accounting software has brought about both opportunities and risks. This blog post delves into the various ways accounting fraud has evolved since the … Read more

7 Ways Technology Can Streamline Your Business Operations

The business landscape in Singapore is rapidly evolving, and entrepreneurs must be able to stay ahead of the curve to thrive and continue to maintain profitability. One way of doing this is by embracing tools and solutions powered by digital technology. Digital transformation offers individuals and organisations a wealth of opportunities to streamline operations, improve … Read more

Guardians of Integrity: How Auditors Battle Against Accounting Fraud

Accounting fraud poses a significant threat to the financial stability and reputation of businesses worldwide. As trust and transparency are the cornerstones of any thriving economy, it is the auditors who assume the vital role of guardians, diligently working to protect the financial integrity of organizations. In this blog post, we delve into the world … Read more

Top 5 benefits of using accounting software Xero to Singaporean students

Xero is important accounting software that is of significant importance to businesses in managing their accounting books of accounts. Accounting software is usually a computer program that is useful in keeping the books of accounts on computers, and makes it easy for businesses to manage their accounting transactions and processes. There are different types of … Read more

Understanding Blockchain Technology in the Accounting Industry: Opportunities and Challenges

In recent years, blockchain technology has emerged as a revolutionary force with the potential to transform various industries, including accounting. Blockchain, a decentralized and immutable digital ledger, offers a secure and transparent way to record, verify, and track transactions. In the accounting industry, this technology presents both opportunities and challenges that professionals need to understand … Read more

Financial Planning for Millennials: Tips for Long-Term Wealth Management

As millennials in Singapore embark on their professional journeys, it’s crucial to lay a strong foundation for long-term financial security and wealth management. With unique financial challenges and opportunities, this article aims to provide valuable tips and insights specifically tailored to Singaporean millennials. From leveraging the offerings of prominent banks like DBS to utilizing popular … Read more

What is Enterprise SG?

Enterprise SG is a Singaporean government agency with the mission to promote development among businesses in Singapore. Enterprise SG also has a mission to transform into a city for business activity and new startups with the highest quality goods and services in the world. One way that Enterprise SG does this is via the PSG … Read more

How to apply for the PSG Grant

In today’s business environment, implementing advanced IT solutions is crucial for a company’s growth. The Singapore government’s Productivity Solutions Grant (PSG) provides substantial support in this endeavour. There has been several changes to the PSG Grant since 2018. But the following guide will walk you through the application process for the PSG in 2023, ensuring … Read more

Eligibility Criteria of the PSG Grant

What is the PSG Grant? The Productivity Solutions Grant (PSG) is an initiative spearheaded by the Singaporean government aimed at supporting businesses in their digital transformation journey. It provides funding for the adoption of IT solutions and equipment to enhance business processes, such as for Xero accounting software. Thus the PSG Grant can be seen … Read more