Richard Ong

Associate Director and Head of the Division at RSM Chio Lim LLP

Location:
8 Wilkie Road, #03-08 Wilkie Edge, Singapore, Central Singapore, Singapore
Company:
RSM Chio Lim LLP
HQ Phone:
+65 6533 7600
Wrong Richard Ong?

Last Updated 12/5/2017

General Information

Employment History

Partner and Head  - Grand Slam Transportation Inc

Chief Marketing Officer  - Aquagrow Corporation Sdn Bhd

Affiliations

Factory Manager  - GST

Web References  

Our people

Richard Ong
Partner & Head, GST Services Richard joined the firm as an associate director and head of the GST division, before becoming a...

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Retailers learn how to exploit digital advancements at RSM workshop

Richard Ong, Partner and Head of GST Services, RSM, spoke about the role of data analytics in reducing GST compliance risk.
He noted that businesses may not have time to assess how "perfect" their GST returns are and the accounting and finance functions can be a "cost-saving centre" in this aspect. Richard further explained that there are two types of risks from a GST perspective - transactional risks and differences between accounting and GST concepts. "Data analytics can reduce such risks by identifying GST compliance gaps quickly without any limit in the number of transactions that can be analysed and with a consistent level of analysis quality," Richard said.

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Financial Management Workshop for Retail

Richard Ong - Partner and Head, GST Services, RSM
We all know digital tools cannot be ignored.

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