Lawrence Chai

Lawrence Chai

Founder and Chief Technology Officer of 3E Accounting Group.

About Me

Lawrence Chai

Personal Info

Name: Lawrence Chai
Location: Singapore
Social Profiles:

About Myself

On this page, I share my perspective on Entrepreneurship, Technology, Industry 4.0 and Work life harmony. I am on the look out for opportunities to create value and deliver new services and expand overseas.

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Experience

3E Accounting Group

Founder

2011 - Present

Prior to establishing 3E Accounting, Lawrence worked in a medium-sized audit firm, Baker Tilly. During his employment at Baker Tilly, he was involved in the audits of listed and non-listed companies of various industries. Besides, Lawrence was involved in business advisory work including due diligence reviews for both local and overseas companies and special investigation engagements.

Lawrence’s vast auditing experience in listed companies in Singapore, Malaysia, China and many more regional countries is key to driving the success of 3E Accounting. His experience with LTC LLP, an affiliate firm of BKR International in Singapore, extends to a wide range of industries for both listed and non-listed companies including manufacturing, trading, retailing, hospitality, construction, water treatment plants, hypermarket, non-profit organization, software engineering, property development and investment holdings.

Overseas Business Expansion

In 2014, Lawrence set up 3E Accounting’s first overseas office in Malaysia. Lawrence’s extensive experience in Singapore and Malaysia has helped to support clients to start their Malaysian business through the new Malaysia office.

In 2016, Lawrence championed the establishment of 3E Accounting International, that aimed to offer services beyond excellence through a well-connected global accounting network. Today, it is the largest home-grown global accounting network with an international presence in more than 80 countries worldwide. 3E Accounting International was established with a strong professional background, good knowledge within their local jurisdiction and trusted experience in handling clients internationally.

Lawrence has built up a core team of highly experienced professionals with extensive experience in financial, tax, corporate, advisory and regulatory regimes. To date, 3E Accounting has served a client-base of over 3,000 companies and start-ups.

Corporate and Media Accolades

Lawrence has bagged many awards that recognized his achievements and contributions to society and industry, and is testament to his talent and leadership. Being featured regularly on media from Singapore Business Review to The Straits Times – Visit by Minister Josephine Teo,  The Straits Times – First SME auditing firm to be unionized and radio interviews on Capital 958FM883 JiaFM and a firm believer in EnvironmentalSocial and Corporate Governance, Lawrence’s positive media presence and ESG commitment has reinforced 3E Accounting Group as a trusted, reliable and responsible corporate citizen and global firm.

The Way Forward

Having established 3E Accounting as the largest home-grown global accounting network, Lawrence is channeling his passion in innovation and technology to design and develop cutting-edge automated solutions that will re-engineer traditional business processes as Singapore moves towards a Smart Nation. In support of the Professional Services Industry Transformation Map (ITM), Lawrence set up the Digital Research and Development team in 3E Accounting and is leading the team to formulate the Digital Master Plan to map out the digital transformation of the business, focusing on the new growth areas in robotic business automation (RPA), Machine Learning and Artificial Intelligence (AI). With these advanced applications, Lawrence will deliver customized business advisory and cloud-based solutions to give clients that digital advantage and significant competitive edge.

Scale Up, Stay Nimble

As 3E Accounting Group celebrates our 10th anniversary, Lawrence aspires to create Singapore’s 1st SME Robotics Accounting firm.

The COVID-19 pandemic of 2020 has brought about an unprecedented global economic crisis not seen for generations. But it has presented untapped business opportunities for entrepreneurs like Lawrence who nurtures a start-up mindset of nimbleness, flexibility and innovation.

In an increasingly fast paced and uncertain business environment, this start-up mindset has enabled 3E Accounting Group to grow from strength to strength, and be at the forefront of the industrial revolution, differentiating ourselves from industry peers and maintaining a competitive advantage, as well as creating and being ready to seize new opportunities.

Clients’ satisfaction and success remains 3E Accounting Group’s key focus. In setting up the Digital Research and Development team , Lawrence has effectively anticipated changing client needs and service gaps brought about by Industry 4.0. The pioneer in-house team has developed several firsts, a Financial Statement robot, and next-gen bookkeeping robot project in partnership with the Singapore Institute of Technology.

Heading into 2021, Lawrence is building his very own data centre and will grow the Digital R&D Team into a next-gen Technology Division reporting to the Chief Technology Officer.

In the days ahead, 3E Accounting Group will continue charting our growth across new services, products and geographical markets, as Lawrence stays true to maintaining a start-up mindset of nimbleness, flexibility and innovation.

Professional Certifications

  • Fellow Member of the Association of Chartered Certified Accountants (“FCCA”)
  • Chartered Accountant of Singapore (CA (Singapore)) of the Institute of Singapore Chartered Accountants (“ISCA”)
  • Chartered Accountants Worldwide (“CAW”) Network Member
  • Accredited Tax Practitioner (GST) of the Singapore Chartered Tax Professionals (“SCTP”)
  • Accredited Tax Advisor (Income Tax) of the Singapore Chartered Tax Professionals (“SCTP”)
  • Chartered Accountant of Malaysia (“CA (Malaysia)”)
  • Member of CPA Australia (“CPA (Aust.)”)
  • ASEAN Chartered Professional Accountant (“ASEAN CPA”)
  • Ordinary Member of the Malaysia Institute of Human Resource Management (“MMIHRM”)
    • Professional Member of Singapore Human Resources Institute (“SHRI”)
    • IHRP Senior Professional (IHRP-SP)
    • Certificate of Employment Intermediaries (“CEI”) for Key Appointment Holders (“KAH”)
    • Affiliate of the Singapore Association of the Institute of Chartered Secretaries & Administrators (“SAICS”)
    • Ordinary Member of Singapore Institute of Directors (“MSID”).
    • Xero’s Certified Advisor
    • QuickBooks ProAdvisor
    • Professional Certified Marketer PCM® Digital Marketing
    • Certified Digital Marketing Professional (DMI)
    • Practitioner Certificate in Personal Data Protection (Singapore)
    • Google Ads Display Certification
    • Google Ads Search Certification

Professional Achievements of the Year 2020

Professional Achievements of the Year 2019

Professional Achievements of Year the 2016 – 2018

Awards

Click here to check 3E Accounting awards

Awards and Milestones

Professional Skills

Corporate Services, Taxation Services, GST Services, Auditing Services, Financial Due Diligence, Business and Technology Advisory and The Digital Economy

ISCA 10 Years Membership Milestone Badge

Contact me

Want to Work with Me?

Lawrence is the Founder and Chief Technology Officer of 3E Accounting Group. He is a Chartered Accountant with regional experience in the field of corporate services, taxation services, GST services, auditing services, financial due diligence, business and technology advisory and the digital economy as listed:

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