Accounting Service in Malaysia
Accounting Service in Malaysia
Leveraging our expertise in professional accounting and tax management, we are dedicated to delivering comprehensive accounting, audit, and taxation services in one seamless package for our clients.
The responsibility of maintaining accurate accounting records typically rests with company directors. However, due to their busy schedules managing their businesses, they often delegate the task to junior staff for financial report preparation. It is important to note that lodging fraudulent financial statements, as per Section 593 of the Companies Act 2016, is considered an offense, leading to potential prosecution against both errant companies and directors for submitting false and misleading statements to the Registrar. Hence, it is crucial to maintain proper accounting records and ensure that financial statements adhere to approved accounting standards.
Outsourcing accounting services has emerged as a solution that enables companies to reduce overhead costs and manage expenses more efficiently. Access to professionally managed and timely delivered accounts is paramount for company directors, as it aids in making informed business decisions, driving higher profits, and attracting potential investors for business expansion. Moreover, outsourcing eliminates the need for businesses to concern themselves with employee retention and training in this domain.
Our Assistance
Our comprehensive accounting services cater to companies in need of accurate financial statements for their annual reports, encompassing the following areas:
- Issuance of Payment and Receipt Vouchers
- Management of Cheque Transactions and Cash Handling
- Maintenance of Precise Accounting Books and Records
- Compilation of Complete Accounts on a Monthly, Quarterly, Semi-Annual, or Annual Basis
- Compilation of Year-End Management Accounts
- Preparation for Audit Schedules and Collaboration with Auditors
- Monthly Payroll Preparation and Submission for EPF/SOCSO/EIS/PCB/HRDF
For more detailed information, please do not hesitate to get in touch with us.
FAQs
While it’s possible to handle your accounting in-house, it can be a costly and challenging endeavor. Inadequate procedures may also expose you to the risk of non-compliance with tax regulations and laws.
Additionally, outsourcing your accounting services offers cost-saving benefits, such as avoiding the expenses associated with hiring and training an in-house employee, as well as investing in accounting software, among other factors.
The expenses associated with bookkeeping services in Malaysia are contingent on the business’s size and the precise services required. Feel free to reach out to us for detailed information about our pricing structure.
Premia TNC has the optimal solutions for all your business needs.
Get in touch today for a FREE consultation.
No hidden costs, no obligations.
Feel free to drop us an email too!
[email protected]
Premia TNC has the optimal solutions for all your business needs.
Get in touch today for a FREE consultation.
No hidden costs, no obligations.
Feel free to drop us an email too!
[email protected]