Professional Statutory Audit for Malaysian Companies (Sdn. Bhd. & More)

Statutory Audit Services in Malaysia

Comprehensive, Compliant & MOF-Approved

What is a Statutory Audit?

A statutory audit is an independent review of an organization’s financial records, documents, and disclosures to ensure that the financial statements present a true and fair view of the company’s financial position. It also checks if the company’s books are properly maintained in line with Malaysian laws, including the Companies Act 2016.

Audits not only serve as a legal requirement but also help stakeholders—such as investors, regulators, and business owners—gain third-party assurance that the information they rely on is accurate and free from material misstatements.

Who Needs an Audit in Malaysia?

Under Malaysian law, every company (Sdn. Bhd.), whether active or dormant, is required to:

• Appoint a licensed auditor

• Prepare audited financial statements annually

• Submit the report to the Companies Commission of Malaysia (SSM/CCM)

This requirement helps prevent fraud, misrepresentation, or financial mismanagement and promotes transparency in the corporate environment.

What Does a Financial Audit Involve?

A financial audit involves:

• Verifying the accuracy and completeness of financial reports

• Assessing the effectiveness of internal controls

• Providing an independent opinion on whether the statements are free from material error or fraud

While an audit offers reasonable assurance (not absolute), auditors apply professional skepticism and use statistical sampling techniques to evaluate transactions and disclosures effectively.

‍ Who Can Be a Company Auditor in Malaysia?

Only auditors who are:

• Members of the Malaysian Institute of Accountants (MIA)

• Licensed by the Ministry of Finance (MOF)
  are legally approved to conduct statutory audits in Malaysia.

Audit licenses are granted for a period of 2 years and are renewable upon meeting the required standards.

Our Role & Responsibilities as Your Auditor

As an MOF-approved audit firm, our goal is to offer high-quality, reliable auditing services that meet both local and international standards. During the audit, we:

• Identify risks of misstatement (due to fraud or error)

• Evaluate internal controls to design appropriate audit procedures

• Review accounting policies and assess the reasonableness of estimates

• Confirm going concern status based on available evidence

• Assess the presentation and disclosures of financial statements

• Report to shareholders with a professional, independent opinion

How We Can Help You

As a licensed audit firm, we provide comprehensive statutory audit services to Malaysian businesses, including Sdn. Bhd. companies. Our experienced team will:

• Examine financial transactions and account records

• Identify weaknesses in internal controls and report findings

• Deliver a clear audit report with our professional opinion

• Ensure compliance with audit and reporting standards

Need Help with Your Annual Audit?

We’re here to support your business with clarity, compliance, and confidence.
Let our professionals handle your audit—accurately, efficiently, and in full accordance with Malaysian regulations.