What you need to know about accounting in Malaysia
Monthly or yearly accounting and bookkeeping services to record, summarize, analyze and report transactions for regulation and tax purposes.
All companies are required to prepare and audit (with exemption) their financial statements before lodging it with the Companies Commission of Malaysia (SSM).
FAQs
Common Accounting Services
Cash flow and working capital analysis
To help small and medium enterprises (SMEs) identify, assess, and address gaps in the management of their working capital and cash flow.
Accounts consolidation services
To allow a company’s shareholders or management understand the current financial status of the company. This is done by providing them with consolidated financial statements.
Management reports and accounts
To management reports and accounts provide accurate and timely financial and statistical information required by managers and then use the information to make day-to-day and short-term decisions for the organization’s internal audiences
Financial planning and budgeting
To help SMEs structure and implement proper planning and budgeting practices in managing their financial resources.
Others
- MBRS filing of a company’s annual returns,
- Payroll tax reporting,
- Compilation of accounts for dissolution or tax clearance purposes,
- Advisory services,
- Setting up of proper accounting systems,
- and many other invaluable services.
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