Why are Company Audits important?
All companies in Malaysia are required to prepare and audit their financial statements before lodging it with the Companies Commission of Malaysia (SSM).
Audit Exemptions for Selected SMEs
- Dormant companies from time of incorporation, or throughout the current financial year end and in the immediate preceding financial year.
- Zero-revenue and does not exceed RM300,000 in total assets in the immediate past two financial years.
- Threshold-qualified private companies that fulfil the following criteria:
- It has revenue not exceeding RM100,000 during the current financial year and in the immediate past two (2) financial years;
- Its total assets in the current Statement of Financial Position does not exceed RM300,000 and in the immediate past two (2) financial years; and
- It has, at the end of its current financial year and in each of its immediate past two (2) financial years’ end, not more than five (5) employees.
FAQs
Our auditing guides in Malaysia?
Read our articles & guides for more information
Hear what our clients have to say
4.6/5
out of 29 reviews on Google
Reasons to Choose Us
Audit services provided by a certified public accountant (CPA) like Paul Hype Page & Co, benefits all who are keen to start-up companies. Paul Hype Page is a full practicing member of ICPAS, providing audit services and able to issue IRAS approved audit report from $4,500 onward.
Over the past 13 years, we have gained vast experience in accounting as well as auditing services. We are CPA Singapore certified company. Thus, you should know that your company’s accounting matters will be in good hands after you have contacted us for our services.
