For a company to grow, the risk of constant honesty is high, which is why accounting firms may help you bridge the gap towards improvement. As the great American artist Walter Anderson mentioned, “It is only when we take chances that our lives improve…”
Partnering with accounting firms helps you improve in many ways. They provide services such as financial analysis, bookkeeping, and consultancy for you to stay on track. Ultimately, with a little bit of help and continuous effort, success is in sight.
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5 Best Accounting Firms in Malaysia
- Contact Number/Whatsapp: 012-5487 911
- Email: [email protected]
- LinkedIn: @wecorporatemalaysia
- Address: D-8-3A, Menara SuezCap 1, KL Gateway, 59200, Kuala Lumpur, Malaysia
With more than 20 years of combined experience, WeCorporate aims to help you with all your corporate service requirements in Malaysia. Their specialities include flawless online business registrations, up-to-date accounting and bookkeeping, financial advice, and more. This famous accounting firm in Malaysia understands entrepreneurial aspects as they are one themselves, so constant growth towards success is the number one priority.
Pricing details are well quoted with clients to ensure transparency. Because they do everything remotely and digitally, you can expect a smooth and hassle-free process. If you are looking for some advice about your corporation, WeCorporate is a great resource to satisfy your needs.
Customer review:
“WeCorporate has provided exceptional service for our business. Adam and his team are friendly, knowledgeable, and responsive. With their expanding suite of services, they are truly a one-stop financial resource.” - Justin Wong
- Contact Number: 603-2161 2113
- Email: [email protected]
- Facebook: @HLBInternational
- LinkedIn: @lerlum-hlb
- Address: B-7-7, Megan Avenue II,12, Jalan Yap Kwan Seng, 50450 Kuala Lumpur, Malaysia
HLB Ler Lum is a medium-sized company and an independent HLB International member firm. The company is one of the top registered auditors of publicly traded businesses that trade on the Kuala Lumpur Stock Exchange. They are member companies of the Malaysian Institute of Accountants (MIA) and are equipped with qualified auditors registered with Malaysia's Securities Commission's Audit Oversight Board (AOB).
The company offers a broad range of sophisticated and routine turnaround and restructuring services across a variety of industries as part of its business recovery services. Matters like enhancing your business while providing high-quality and friendly services are at the top of their list.
Customer review: N/A
- Contact Number: 603 6203 1888
- Email: [email protected]
- Facebook: @pkfmalaysia
- LinkedIn: @pkfmalaysia
- Address: Level 33, Menara 1MK, Kompleks 1 Mont' Kiara, No.1, Jalan Kiara, Mont' Kiara, 50480 Kuala Lumpur, Malaysia
PKF Malaysia cherishes dedication. Their commitment to you is thorough and aims to collaborate with you to build a successful company, manage your changing demands, and offer unbiased advice when you need it. Apart from that, PKF specialises in audit and assurance, tax compliance, forensic investigation, and more.
Besides, their method of operation is to collaborate with their clients. They believe in reaching the same goal with a pinch of their professional advice. While they are experts on technical matters, clients dictate the company’s journey for the most part. If you need extra guidance, PKF Malaysia can help you.
Customer review: N/A
- Contact Number: 603-80803887
- Email: enquiry@yhtanmy.com
- Facebook: @YHTanaudit
- LinkedIn: @yh-tan-associates-plt
- Address: B-5-2, IOI Boulevard, Jalan Kenari 5, Bandar Puchong Jaya, 47170 Puchong, Selangor, Malaysia
YH Tan and Associates is a Malaysian independent audit and advisory firm that aims to serve as your one-stop destination for all your accounting needs. They specialise in taxation services, consulting, product pricing, audit, accounting, and business advisory services. If you are a small corporation, a start-up or even a government body, YH Tan and associates are ready at your disposal.
They believe in providing quality services to a diverse range of customers, and each client relationship is highly respected. It is good to have an expert's breadth and depth that is beneficial to you.
Customer review:
“Have been using their service for the past 4 years. Do their job in a professional matter and provide a lot of useful advice, give valuable feedback, and assist us in transforming our business from offline to online during the pandemic period. Highly recommended!” - Wong SY
- Contact Number: 016 7488200
- Email: [email protected]
- Address: 72 Jalan Kota 2/3, Taman Cahaya Kota Puteri, 81750 Masai, Johor, Malaysia
LCC Advisory's goal is to make your company successful. They have the programmes and services you need to make your brand thrive if you need assistance with business planning, back office assistance, or you need to raise your standards to greater executive action. LCC Advisory’s specialities are to discover potential areas for your business to increase productivity and success while helping you create a plan to get there.
They provide services such as accounting and bookkeeping, taxation matters and others. Payments are well listed on their website for easier engagement and budget fitting. To work with LCC Advisory is to work with great hands of experts and advisors.
Customer review: N/A
What are the benefits of hiring an accounting firm?
There are tons of benefits to hiring an accounting firm on your behalf. One of the most prominent reasons is that it saves money on business costs. Granted, you must have some background in handling your own business. But having experts do it is the better choice. This way, you will have a comprehensive understanding of the financial situation of your business.
Moreover, you can focus more on your company and leave the headaches to them. With their help, you can foresee hidden aspects or priorities you need to grow your business.
Lastly, it is always nice to have a helping hand. In this case, you can avoid and predict the risk that may impact your company financially. This will give you a better view of strategies and planning.
How do accounting firms make money?
Accounting firms make money by charging clients fees. Generally, an accounting service generates revenue with the service they provide.
There are two types of charges, which are flat rates for project work and billed by the hour. Also, other accounting services receive a yearly payment that covers all the accounting work for the year. It depends on the subscription both you and the firm agree on as well as the type of payment the firm displays.
Auditor vs Accountant
Essentially, both professions deal with numbers and accounting systems. The key differences between the two are that accountants oversee creating financial records, overseeing the ongoing bookkeeping for business operations, and/or creating and submitting tax returns. While auditors, on the other hand, check the accuracy of tax returns and financial records so they can look for mistakes and ways to improve them.
Accountants are more concentrated and detail-oriented. Small errors can result in millions of losses, especially for major businesses. A good auditor must be able to spot any fraud and misstatements in addition to honest mistakes. Some corporations use tricks to make their balances checked, and the auditor must prove their legitimacy.
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