Your accounts,
sorted. Your taxes,
handled.

Under the Companies Act 2016, all Sdn Bhd companies are required to have their financial statements audited, regardless of size. However, certain dormant companies and companies that meet specific criteria may qualify for audit exemption. We can assess your company's eligibility and advise accordingly. The audit exemption framework in Malaysia is expected to expand. We stay current so you do not have to.

A traditional accountant records what has happened: bookkeeping, compliance, and tax filing. A Virtual CFO interprets what the numbers mean and advises on what to do next. We provide financial strategy, cash flow planning, KPI tracking, and board-level reporting. Think of it as the difference between a historian and a navigator. Most growing businesses need both.

Typically two to four weeks for a clean handover. We handle the professional clearance process with your outgoing accountant, collect all relevant records, and brief our team before we touch a single document. If your year-end or tax deadline is imminent, we can discuss an accelerated onboarding on a case-by-case basis.

Yes. The majority of our work is conducted remotely through cloud accounting platforms and secure document portals. We serve clients across Peninsular Malaysia. Physical visits can be arranged for audit fieldwork or complex engagements where an on-site presence adds value.

We work with Xero, QuickBooks Online, SQL Accounting, AutoCount, and MYOB. If you are currently on spreadsheets or a legacy system, we can advise on migration to a cloud platform as part of onboarding. We recommend what fits your business size and workflow, not a single brand.

We quote fixed fees for defined scopes of work: audit, tax filing, monthly bookkeeping, and Virtual CFO retainers. Hourly billing is reserved for advisory and project work where the scope cannot be defined upfront. All fees are agreed in writing before work begins. There are no hidden charges for calls, emails, or standard correspondence.

Yes. Overdue tax filings are more common than most business owners realise. We handle regularisation: reconstructing records, preparing outstanding returns, and liaising with LHDN to minimise penalties and resolve any notices. Early voluntary disclosure typically results in significantly lower penalties than waiting for LHDN to initiate action.

The standard answer is 12 to 24 months before your anticipated SC submission date. Not when the principal adviser first asks for documents. The SC requires three to five years of MFRS-compliant audited financial statements. If your company has been reporting under MPERS, the conversion to MFRS must be completed before the IPO process can formally proceed. MFRS 15 frequently requires revenue to be recognised later than under MPERS, which can affect whether your profit track record meets the Main Market Profit Test (aggregate MYR 20 million after-tax, minimum MYR 6 million in the most recent year). Starting the MFRS conversion and full tax review early gives you time to address gaps without compressing the submission timeline.

There are two distinct accounting roles in a Malaysian IPO. The statutory auditor audits your annual financial statements for the track record period, which is the ongoing audit relationship. The reporting accountant is a separate engagement: they produce the Accountant's Report that appears in the IPO prospectus, covering the full track record period and any required interim accounts. The reporting accountant must be registered with the Audit Oversight Board (AOB). These are legally separate engagements even if performed by the same firm. Beyond these formal roles, a chartered accountant also advises on MFRS conversion, RPT documentation, tax review and LHDN clearance, and the financial dimensions of MCCG 2021 governance compliance, all of which must be completed before the principal adviser engagement deepens.

MBRS (Malaysian Business Reporting System) is SSM's mandatory platform for submitting financial statements in digital iXBRL format. All Sdn Bhd and public companies filing annual financial statements with SSM are required to submit through MBRS. There is no opt-out. The iXBRL tagging process requires mapping every line item in your financial statements to the MBRS Taxonomy, which is technically demanding without specialist software and training. Non-compliant or rejected submissions can result in late penalties under the Companies Act 2016. We manage the entire process on your behalf.

Yes. We can handle MBRS conversion and submission for financial statements audited by any other firm. We will need your finalised, signed financial statements in Word or PDF format. Turnaround is typically five to seven business days from receipt of complete documents, subject to complexity.