Alliott Group adds to accounting firm presence in Singapore with appointment of JBS

"We look forward to contributing to the growth of the alliance and to assisting member firms’ clients to capitalise on opportunities in Singapore and in other Asian markets where we are active."

Managing Partner Bala Janamanchi

Alliott Group, an international multidisciplinary alliance of professional firms, has strengthened its presence in Singapore through the appointment of JBS Practice Public Accounting Corporation (‘JBS’).

Alliott Group has taken steps to add further depth to its accounting firm membership in Singapore by agreeing terms with JBS to become a member in the sovereign city-state as of 1st June 2018.

The progressive firm, led by Managing Partner Balasubramaniam Janamanchi (Bala), has a significant international client base whose needs necessitate access to trusted professional contacts worldwide, particularLy in Europe, the United States and elsewhere in Asia.

Mr Janamanchi comments: “We have been established in Singapore for over two decades and have built a solid reputation for assisting and connecting clients doing business in our important Asian financial hub. As a member of Alliott Group, we can tap into specialist professional, management and marketing expertise and refer our clients to fellow members with confidence. We look forward to contributing to the growth of the alliance and to assisting member firms’ clients to capitalise on opportunities in Singapore and in other Asian markets where we are active.”

Established in 1993, the firm was taken over by the current leadership in 2012. The 31-staff firm has implemented a revenue growth strategy which has seen the firm venture beyond its core services of audit, consultancy and liquidation into new service lines such as business valuation, forensic accounting and internal audit.

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Managing Partner Bala was a recent attendee at Alliott Group’s 2018 Asia Pacific Regional Conference in Osaka where his firm was introduced to member colleagues from 11 countries across the region.

Singapore is widely recognised as one of the world’s most open and most business-friendly locations in the world and ranks second in The World Bank’s Ease of Doing Business index. The country is also home to over 7,000 multinational corporations from the US, Japan and Europe.