FAQ
FAQ
Frequency Asked Question
Our range of financial solutions includes tailored investment strategies, risk management, accounting service, tax, and comprehensive financial planning to meet diverse client needs
Audit assurance ensures the reliability of financial information by systematically examining and verifying financial records, providing stakeholders with confidence in the accuracy of financial reporting.
The frequency of audit assurance depends on regulatory requirements, company size, and specific industry standards. Annual audits are common, but certain situations may necessitate more frequent assessments.
Our business consultancy services span strategic planning, market analysis, organisational restructuring, and process optimisation to enhance overall business performance.
The ITF is a government initiative aimed at promoting and encouraging the acquisition of skills in various industries through training programs, apprenticeships, and skills developmen
Businesses can benefit by training its indigenous employees for capacity building, as this will hep recoup 50% of the annual 1% contribution to ITF purse.
Reimbursement Scheme is a statutory obligation of the ITF to contributing employers of labour who train their indigenous workers i.e. Management, Supervisory and Operatives. Reimbursement claim is only payable to employers who meet the criteria for making such claims.
Under the Scheme, the Fund bears part of the cost of Employers’ training and further Education by providing reimbursement of the 1% Training Contribution.
- Must obtain a letter of approval for any training employees will attend.
- Submit training details using form 4A to ITF 2 weeks before local or 3 weeks before international training.
- Submit audited accounts to the ITF office for assessment at the end of the accounting year.
- Pay ITF assessment of 1% of the total annual payroll cost.
- Claim up to 50% of contributions as reimbursements for training expenses spent in the previous year by 30 June of the payment year.
Consultancy Services
Providing opportunities to experience well-tailored financial and business strategies that impact short-term success and long-term profitability.
Regulatory Compliance
Providing a pathway to compliance service that prevents getting caught in the regulatory body punishment net using our leverage and relationship.
Audit Assurance
Providing auditing and reviewing experience of any financial document or transaction, such as a loan, contract, or financial website for accuracy and correctness for business sustainability.
Why Choose Starean Consulting?!
Starean Consulting is a strategic business consulting firm that specialises in delivering services to diverse industry clients – multinational companies, private companies, and individuals who need a specific service
Expertise and Experience
- Seasoned Professionals: Starean Consulting’s team of experts has a wealth of experience navigating complex business challenges.
- Proven Track Record: Starean has a proven track record of delivering tangible results and driving client success and satisfaction.
Comprehensive Business Solutions
- End-to-End Services: Starean provides a full range of business services, including financial solutions, audit assurance, and business consultancy. It allows our clients to have a single point of contact for all of their business needs.
- Tailored Solutions: We recognise that each client is unique and tailor our services to meet their specific business requirements.
Strategic Industrial Training Support
- ITF Compliance: Starean Consulting is a trusted partner for companies seeking statutory training compliance with the Industrial Training Fund (ITF). We help companies recoup 50% of their annual 1% contribution to the ITF purse.
- Approved Training Programs: Starean offers a curated selection of approved training programs that empower businesses to invest in workforce development while maximising reimbursement opportunities.
Client-Centric Approach
- Starean views clients as strategic partners.
- Fosters collaborative relationships to better understand goals and challenges.
- Open and transparent communication throughout the engagement
Innovation and Digital Expertise
- Cutting-Edge Solutions: Starean embraces innovation, leveraging cutting-edge technologies and digital strategies to enhance business efficiency and competitiveness.
- Certified Digital Psychology Specialists: Starean’s team includes certified Digital Psychology Specialists, adding a unique dimension to their approach to aligning digital solutions with human behaviour.
Choosing Starean Consulting means entering a partnership that goes above and beyond consulting. It’s an investment in excellence, innovation, and sustainable business growth.
