Updated: Mar 27
Independent audits are the basis for capital market decision-making.
Auditing is critical to the decision-making process, and the foundation of any audit is understanding the business process.
Our audit professionals are committed to consistently delivering high-quality audits through the power of technology and the strength of our people.
Our independent assurance and insight go beyond audit opinions. We provide a range of independent audit services based on our in-depth understanding of accounting principles.
These are complemented by appropriate knowledge of business systems, processes and controls, allowing us to respond with agility and engage meaningfully with all stakeholders.
Our audit professionals work to build public trust. We believe that independent auditors have an important role to play as trusted intermediaries between providers of business information and information users.
A high-quality financial statement audit plays a key role in maintaining investor confidence and can unlock valuable insights into the business. At KWL, we are committed to delivering high-quality audits, enabled by the power of technology and the strength of our people. Our audit procedures are kept robust and up to date through continuous evaluation.
High quality financial statement audits play a critical role in maintaining investor confidence and can unlock valuable insights into the business. Through continual assessment, our audit procedures remain robust and in line with the latest requirements.
Our financial statement audit services will help to improve the consistency and integrity of the financial reporting undertaken by organizations.
These are mandatory audits for companies incorporated under the Companies Act 2016. Generally, all companies are required to circulate financial statements to shareholders within 6 months of the financial year end and submit audited financial statements to the Companies Commission of Malaysia within thirty days thereafter.
Companies listed on Bursa Malaysia have the additional requirement to file audited financial statements and annual reports with Companies Commission of Malaysia and Bursa Malaysia within 4 months of the end of their financial year.
The Companies Act 2016 provides certain audit exemptions for private companies such as dormant companies, companies with no revenue or companies whose size is below a certain threshold (measured by revenue, total assets or number of employees). However, such companies may choose to have their financial statements audited for other purposes, such as obtaining bank credit, tax filing, or future expansion when audited financial statements are required.
We help clients comply with specific external reporting requirements, including various regulatory requirements. Our auditors deliver an efficient and effective service through our risk-based approach.
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KWL & Co Malaysia is uniquely positioned to assist clients in complying with these audit requirements. We have the resources, industry knowledge and experience to provide audit services to companies of different sizes and complexities across different industries and multiple business locations.
At KWL, we’re committed to delivering quality audits, enabled by the power of technology and the strength of our people.
Find out how KWL expertise can help you and your company. Contact us.