Audit Assurance
At MySolutions, we offer a comprehensive suite of audit and accounting services designed to meet your unique financial and operational needs. Our team of experienced professionals utilizes advanced data analytics and insights to provide tailored solutions that exceed your expectations.
Ensuring compliance with Malaysian accounting standards and regulatory requirements for companies incorporated in Malaysia
We approach personally and client-centric
Statutory audits
Financial due diligence
Review of financial statements
Compilation of financial statements
Financial Audits
- Independent audits: Objective assessments of your financial statements to ensure compliance with accounting standards and regulations.
- Internal audits: Evaluations of your internal controls and processes to identify areas for improvement and mitigate risks.
- IT audits: Assessments of your information technology systems to ensure security, reliability, and compliance.
Flexible
Fully Custom


Accounting Services
- Financial reporting: Preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
- Tax compliance: Assistance with tax returns, planning, and compliance with local, state, and federal tax laws.
- Bookkeeping: Accurate and efficient recording of your financial transactions.
- Payroll services: Processing payroll, managing employee benefits, and ensuring compliance with labor laws.
Membership Package
Dedicated Office Package
Advisory Services
- Financial consulting: Expert advice on financial matters, including budgeting, forecasting, and risk management.
- Business valuation: Determining the fair market value of your business for mergers, acquisitions, or other purposes.
- Due diligence: Comprehensive investigations of potential business partners or acquisitions.
- Forensic accounting: Identifying and investigating financial fraud or irregularities.
Friendlier
Experienced


Data Analytics and Insights
- Data-driven decision-making: Leveraging data analytics to provide valuable insights and support informed decision-making.
- Risk assessment: Identifying and mitigating potential risks to your business.
- Performance analysis: Evaluating the performance of your business and identifying areas for improvement.
Thorough Analysis
Experienced
Frequently Asked Questions
What we have always been asked by our clients
What is an audit assurance?
Audit assurance is a professional service provided by independent auditors to verify the accuracy and reliability of a company’s financial statements. It involves examining the company’s financial records, internal controls, and accounting practices to ensure compliance with relevant laws and regulations.
What are the different types of audits in Malaysia?
- Statutory audit: Required for public companies and certain private companies by the Companies Act 2016.
- Internal audit: Conducted by an internal audit department or team within the company to assess its internal controls and risk management.
- IT audit: Focuses on the security, reliability, and efficiency of a company’s information technology systems.
What are the key responsibilities of an auditor?
- Examining a company’s financial statements for accuracy and completeness
- Assessing the adequacy of the company’s internal controls
- Identifying and reporting any material misstatements or irregularities
- Providing an independent opinion on the fairness of the financial statements
What are the relevant Malaysian laws and regulations for audits?
- Companies Act 2016: Outlines the requirements for auditing the financial statements of companies, including the appointment of auditors and the scope of their work.
- Malaysian Accounting Standards Board (MASB): Issues accounting standards that must be followed by companies in Malaysia.
- Auditors Act 1967: Regulates the profession of auditors in Malaysia, setting out the qualifications and ethical requirements for auditors.
What are the benefits of conducting an audit?
- Improved financial reporting: Ensuring the accuracy and reliability of financial statements
- Enhanced credibility: Increasing investor confidence and trust
- Risk mitigation: Identifying and addressing potential risks to the company’s financial health
- Compliance: Ensuring compliance with relevant laws and regulations
- Internal control improvements: Identifying weaknesses in internal controls and implementing corrective measure