Accounting services cover the range of functions needed to efficiently and transparently record and report a company’s finances to statutory bodies and stakeholders. It includes but not limited to bookkeeping, statutory, internal and external audits, preparing tax returns, tracking assets, cash flow, expenses as well as revenues, assisting with payroll, producing financial records, preparing financial forecasts and budgets and providing consultation as and when needed.

While not mandatory, most business owners prefer to engage a third-party professional to handle their accounting work so that business owners can focus their attention on activities that directly generate revenue for their business. Keeping a good accounting practice helps business owners to make informed and data-driven decisions and can minimise unnecessary leakages and wastages.

No, they are different. Here are some key differences:

- Accounting refers to the activities of maintaining and reporting of a company’s financial records to provide a true and fair view of the financial statements; auditing refers to examination of such financial records prepared by the accounting process to verify its reliability, integrity and accuracy
- Accounting is done on a regular basis (daily, monthly or quarterly); auditing is usually done annually
- Accounting may be carried out by own employees or outsourced to a third-party accountant; auditing must be carried out by an independent body (e.g. audit firm) with no financial connection to the business that he is engaged to audit

All public and private limited companies in Malaysia are subject to a mandatory audit each year.

Sole proprietorships and partnerships are not subject to a mandatory audit, but if they deal with large amount of money, they are encouraged to do annual audit to maintain credibility.

We would only offer plan that is value for money for you.

*If you are a dormant company or your company does not have many transactions, you can subscribe to our one-off yearly accounting plan.
*If your company is very active in business and has high volume of transactions (for e.g. more than 50 transactions per month), then we would recommend you to subscribe to our monthly or quarterly accounting plan.

Accounting and bookkeeping services usually start from RM500 and may go up to RM1,500 or RM2,000 per month depending on the nature of business and volume of monthly transactions.