Global crises—whether economic downturns, inflation shocks, pandemics, geopolitical conflicts, or supply chain disruptions—have a direct impact on how businesses operate. These disruptions also significantly affect audit processes and tax compliance.
In Malaysia, companies are generally required to prepare and submit audited financial statements in compliance with the Companies Act 2016. A failure to complete or submit audit requirements on time
A company secretary (often called “CoSec”) is a key officer in a company responsible for ensuring that the business complies with legal and regulatory requirements. In Malaysia, this role is
One common question among employees and employers in Malaysia is whether PCB (Potongan Cukai Bulanan) is mandatory. The short answer is: Yes — PCB deduction is compulsory in most employment
Electronic invoicing, commonly known as e-Invoicing, is a digital system used to create, validate, and transmit invoices in a structured electronic format. In Malaysia, it is being rolled out nationwide
In line with Malaysia’s ongoing digitalisation efforts, Lembaga Hasil Dalam Negeri Malaysia (LHDN) has introduced e-Rayuan, a new online service available via the MyTax portal starting early May 2026. This
Lembaga Hasil Dalam Negeri Malaysia (LHDN) introduced the Stamp Duty Audit Framework, signalling a stronger push toward compliance and transparency in stamp duty matters. This development reflects LHDN’s ongoing effort
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