ATO Spotlight: RT LLP
For 2013, one of Singapore’s leading mid-tier accounting entities has taken on a fresh identity and is charting a new course to success
Posted on 18 October 2013 in ATO Xchange
RT = Rapid transition
2013 has been a landmark year for accountancy in Singapore, and among the Small and Medium-sized Practices that embody this new spirit of change is the boutique accounting entity RT-LLP.
Led by CEO and Managing Partner Mr Ravi Arumugam, RT LLP is one of the top mid-tier accounting entities in Singapore. It also happens to be the largest homegrown independent (as well as a member of the global BKR International network). Among the entity’s offerings are: audit and advisory services; investigation and litigation support; taxation services; business set-up, incorporation and corporate secretarial support; outsourced and managed services; corporate advisory and corporate finance services; and risk advisory services.
RT LLP draws its 70-plus professional staff from across the region. In addition to its main premises at One Raffles Place, the entity has a second office at South Bridge Road.
RT = Raising the bar for talent
In order to provide its clients with exceptional services, all accountancy staff of RT LLP are required to have a professional qualification (such as those offered by ACCA, CPA Australia or ICAEW). Since the launch of the Singapore Qualification Programme (QP) in July 2013, several staff have also become Candidates.
All new hires of RT LLP will also be required to take the Singapore QP. In terms of the support offered to Candidates, the entity will fully subsidise fees and Candidates are also not required to serve a bond.
During their studies, Candidates will also enjoy the professional guidance and mentorship of the entity’s partners. Says Mr Arumugam: “At RT LLP, we believe in a serious time commitment [on the part of our management team], and that is our value proposition for anyone joining us.”
Needless to say, this commitment also extends to training and development. To further sharpen their professional skills, staff undergo regular programmes on audit methodology, IFRS standards, tax updates and industry best practices, among other essential subjects. Regional assignments for all levels of staff also offer varied opportunities for further exposure and learning.
RT = Recreational time-outs!
RT LLP’s professional culture is based on the values of teamwork, communication and mutual respect. This close-knit spirit prevails after office-hours as well; among the favourites on the entity’s annual calendar are regular staff outings. In recent years, staff have also travelled to Indonesia, Taiwan and Thailand for the annual company get-away.
RT = Right time
RT LLP’s clients come from a variety of sectors and industries. As their requirements have grown in complexity, the entity has moved to enhance its offerings, providing even higher-quality, higher-value professional services.
To reflect this new strategic direction, in August 2013, the entity changed its name to RT LLP. This year, the entity also took the exciting step of conceptualizing and forming its very own accountancy network, one united by a common vision of accountancy excellence. “This gives us the freedom and liberty to expand our services, as long as they are high-value,” explains Mr Arumugam. “We want to be exceptional.” #
To learn more about RT LLP, click here or their page here on the Singapore QP website.