AUDIT COMPANY IN MALAYSIA
UNDERSTAND THE AUDIT SYSTEM
An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how far the financial statements, as well as non-financial disclosures, present a true and fair view of the concern. It also attempts to ensure that the books of accounts are properly maintained by the concern as required by Malaysia law (e.g. Companies Act 2016). Any subject matter may be audited. Audits provide third party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other areas which are commonly audited include secretarial & compliance audit, internal controls, quality management, project management, water management, and energy conservation.
APPROVED COMPANY AUDITORS
As an audit company in Malaysia, we help stakeholders to effectively evaluate and improve the effectiveness of risk management, control, and the governance process over the subject matter. Due to strong incentives (including taxation and other forms of fraud) to misstate financial information, auditing has become a legal requirement for many entities who have the power to exploit financial information for personal gain. In Malaysia, every company (Sdn. Bhd.) is required to appoint an auditor for their companies regardless of whether the company is active or dormant, large or small. Every company in Malaysia must have their accounts audited by approved company auditors every year and submit their audited report to Companies Commission Malaysia (CCM). Following this trend, we have also gained fame as the top audit company in Malaysia
AUDITING AND ASSURANCE SERVICES
We provide auditing and assurance services by upholding the objectives of obtaining reasonable assurance about whether the financial statements of the Company as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with approved standards on auditing in Malaysia and International Standards on Auditing will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate. As part of an audit in accordance with approved standards on auditing in Malaysia and International Standards on Auditing, our auditing and assurance services exercise professional judgement and maintain professional skepticism throughout the audit.