Macross Facebook Macross Instagram Macross LinkedIn Macross Xiao Hung Shu (小红书) Macross Youtube
Audit

Purpose of Audit

The purpose of the audit is to ensure compliance with financial and legal regulations, assessing the accuracy of financial statements and providing assurance to stakeholders and shareholders.

VIEW FULL ARTICLE

Audit

What Is an Audited Report?

An audited report is a comprehensive report that contains Directors’ report and statement, etc

VIEW FULL ARTICLE

Audit

Purpose of Declaration In the Audited Report

The declaration in the audited report states that the financial statements are the responsibility of the management and that they have prepared them in accordance with relevant accounting standards and regulations.

VIEW FULL ARTICLE

Audit

Purpose of Bank Confirmation

Bank confirmation serves as a critical document used in the audit. The purpose of bank confirmation is to independently verify and confirm the accuracy of financial information related to a company’s bank accounts.

VIEW FULL ARTICLE

Audit

Why Does the Audit Need So Many Supporting Documents?

Supporting documents are an integral part of an audit as they provide evidence and validate the information presented in the financial statements.

VIEW FULL ARTICLE

Audit

When Is the Audit Due Date?

The financial statements of a company are due for audit under Section 258 (1) of the Companies Act, 2016 that a private company shall circulate its audited financial statements to its members within 6 months from the end of its year end, and lodge the financial statements to the Companies Commission of Malaysia (SSM) subsequently.

VIEW FULL ARTICLE

Audit

How Long Does an Audit Take to Be Completed?

The duration of an audit varies based on several factors such as the size of the company, complexity of its operations, quality of internal controls, scope of the audit, and the thoroughness required.

VIEW FULL ARTICLE

Audit

Why Must the Signing of an Audited Report Be Original?

The signing of an audited report must be original to ensure authenticity and credibility.

VIEW FULL ARTICLE

Audit

When Can a Company Apply For Audit Exemption?

In Malaysia, a company can apply for audit exemption if it meets certain criteria outlined by the Companies Commission of Malaysia (SSM).

VIEW FULL ARTICLE

GROW YOUR BUSINESS
WITH MACROSS

MACROSS helps you to build your business globally.
Our services are offered in Malaysia, Singapore, Indonesia, Philippines, Japan, China, Hong Kong and Taiwan.

FOLLOW
JASON BOSS

JASON老大: 为大家提供有用的资讯,从找到工作到成为老板,从资金周转到享受现金流自由,从报税到税务回扣,都为你娓娓道来。

Follow Jason Boss on Youtube JASON BOSS
Watch on YouTube
线上讲座: 企业0%-60%