A testament to Recovery Accountants Pte. Ltd. for professionalism and service standard

July 2014


My name is Paul Wee.


I wish to compliment Recovery Accountants for being patient, attentive and careful in advising me on a corporate matter where I had tensions with two partners in my exiting the company which I participated for nearly 10 years. I was one of the three directors cum shareholders.


The company was in the business of software development primarily for the public sector. The company was incapable of meeting multiple project deadlines, suffered losses, cash flow issues, other business practices in the operations and the continuity of the same led to the tensions/diversions of views among the three directors cum shareholders.


In the face of this challenge I had to evaluate my options in my capacity as a director, a shareholder and that of a creditor. The Board did not accept my advice on how to turn the company around. Instead they tried to dilute my shareholding.


I approached Recovery Accountants for advice in this regard and was thankful to their

  • Patience
  • Attentiveness in listening
  • Careful review of the documents, analysing and dissecting the confusions that I had in advising my rights as a shareholder, a creditor vis-a-vis that of my duties as a director.


Recovery Accountants' advice proved to be with foresight in avoiding the pitfalls. Subsequent to the discussion, I was able to speak with confidence and exercised my voting right with clarity for certain resolution during an impromptu board meeting, preventing the dilution of my interest in the company and eventually negotiated reasonable terms for amicable exit from the company and its business.


My family and I were thankful to Recovery Accountants for the patience, professional advice and guidance during our most challenging period. It made a whole world of difference. I consent to Recovery Accountants' publication of this letter as a testament to their professionalism and service standard.


Yours truly

Paul Wee

A testament to Recovery Accountants Pte. Ltd. for professionalism and service standard

November 2018


My name is Florence Lim. I am a director of an investment holding company. We engaged Recovery Accountants for corporate secretarial, compilation of financial statements and tax compliance services.


I wish to compliment Recovery Accountants for being attentive, professional and thorough in their work and services.


During the first year of service engagement with Recovery Accountants, there was a change in our accounting staff. The new accountant came on board at the time of the company's financial year end while Recovery Accountants took over the service engagement from the previous service provider. Both parties were new to the matter on hand.


However, based on the exchanges copied me, I could assess Recovery Accountants' tenacity and impeccable dedication in following up the outstanding issues to be resolved with a ready approach to guide and proactiveness to discuss.


Recovery Accountants' knowledge of the financial reporting is demonstrably reflected in the work. In the first set of financial report compiled by Recovery Accountants, the company's property was reclassified from the Plant and Equipment with an explanation to the reporting standard for investment property and an assessment of its market value, etc.


During the course, there were quite a bit of exchanges of information and documents which I observed that escalated the new accountant's getting familiar quickly to the company's records; it also catered reasonable time for a response. This was unlike the run-of-the-mill ones who could have just carried on to "snowball" the observations for a quick turnaround to maximum commercial gain with minimum efforts.


I am impressed by Recovery Accountants for the following positive service attributes:

  • Professionalism
  • Meticulous
  • Impeccably dedicated


It is certainly value for every cent the company paid.


I consent to Recovery Accountants' publication of this letter as a testament to their professionalism and service standard.


Yours truly

Florence Lim