Many business owners assume that once the bookkeeping has been completed and the trial balance is ready, the accounts can simply be submitted for audit review. However, in practice, that
Many business owners assume that once the accounting records are handed over, the audit should be completed quickly. However, in practice, an audit can sometimes take longer than expected, and
A Positive Start for EPF Members in 2026 The Employees Provident Fund (EPF) has announced a 6.15% dividend for the financial year ended 2025, applicable to both Conventional Savings and
Fixed assets such as motor vehicles, office equipment, machinery, renovation costs, computers, and furniture are common in almost every business. However, they are also one of the most frequently misstated
The Sales and Service Tax (SST) remains a critical compliance area for Malaysian businesses, and 2026 is no exception. With the start of a new year, companies need to ensure
As Malaysia moves further into e-Invoice implementation in 2026, many businesses are still not fully prepared. While some assume it only affects larger companies, many SMEs are now beginning to
We recently had a memorable Raya & Chinese New Year celebration at Armada Hotel Buffet during buka puasa at 7:30 PM, bringing together our staff and valued partners for a
Implementing strong internal controls before an audit significantly reduces the risk of audit findings, adjustments, or delays. Here are the most effective activities: 1. Segregation of Duties Activity: Ensure that
Payroll is not just an administrative function — it is one of the most critical areas reviewed in an audit. Yet, many companies underestimate the importance of maintaining a complete,
What employers should prepare before closing the year As the year comes to an end, December is a critical month for employers in Malaysia. While many statutory submissions fall in