In Malaysia's evolving business landscape of 2024, ensuring financial transparency and regulatory compliance is paramount. Our latest compilation unveils the elite ten audit firms, meticulously chosen for their expertise in delivering comprehensive auditing solutions tailored to the needs of businesses across various sectors. Many of these audit firms are also part of the top accounting firms in Malaysia.
These firms stand as pillars of trust and reliability, offering a wide range of auditing services including financial statement audits, internal audits, and compliance audits. Whether you're a small enterprise, multinational corporation, or nonprofit organization, each firm brings a wealth of experience and professionalism to the table. Dive into our comprehensive guide to discover the industry leaders poised to safeguard your financial integrity and provide invaluable insights for your business growth in Malaysia, highlighting the role of premier accounting firms in Malaysia.
10 Best Audit Firms in Malaysia (2024)
1. Ernst & Young Malaysia
EY, short for Ernst & Young, is one of the big 10 accounting firms in Malaysia. Its widespread popularity stems from its dominance in serving a majority of listed companies in Malaysia, establishing a substantial customer base. Renowned for its comprehensive accounting services, EY is rapidly expanding, attracting clients with its seasoned and certified auditors and accountants, making it a preferred choice for businesses across Malaysia and a key player among the big 4 accounting firms in Malaysia.
| Key Services | - Assurance services - Financial advisory - Consulting - Digital strategy - Legal services - Tax advisory |
| Contact | 05-2102168 |
| - | |
| Address | Level 23A Menara Milenium, Wilayah Persekutuan, Malaysia, Jalan Damanlela, Damansara Town Centre, 50490 Kuala Lumpur, Federal Territory of Kuala Lumpur |
| Website | https://www.ey.com/en_my |
2. KPMG Malaysia
KPMG, founded in 1928, holds a significant position as one of Malaysia's oldest and largest audit firms. It is also among the oldest professional accounting firms in the Asia Pacific region. Operating under the name KPMG DesaMegat & Co in Malaysia, the firm is recognized for its extensive experience and reliability in accounting services, cementing its reputation as a leading accounting firm in Malaysia.
| Key Services | - Audit - Actuarial - Tax - Accounting - Consulting services - Advisory services - Other financial services |
| Contact | 603-7721 3388 |
| info@kpmg.com.my | |
| Address | Level 10, KPMG Tower, 8, First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor. |
| Website | https://kpmg.com/my/en/home.html |
3. PricewaterhouseCoopers Malaysia
PwC, or PricewaterhouseCoopers, is a global leader in accountancy and audit services. Formed through the merger of Price, Waterhouse, Coopers, and Lybrand, PwC operates in over 771 cities across 158 countries. Malaysian businesses can benefit from the expertise of this renowned firm, as its qualified auditors and accountants are dedicated to delivering high-quality audit and accountancy services, positioning it among the elite big 4 accounting firms in Malaysia.
| Key Services | - Audit and assurance - Tax - Consulting - Strategy Consulting - Data & Analytics - Management Consulting - Advisory - Actuarial - Legal Services |
| Contact | 603-2173 1188 |
| my_info@pwc.com | |
| Address | Level 10, Menara TH 1 Sentral, Jalan Rakyat Kuala Lumpur Sentral, P O Box 10192 50706 Kuala Lumpur, Malaysia |
| Website | https://www.pwc.com/my/en.html |
4. Baker Tilly Malaysia
Baker Tilly stands as another prominent name among Malaysia's most trusted accounting firms. Independently managed, it offers exceptional service in business advisory and accountancy. Serving over 69 listed companies, its partnership with Ferrier Hodgson enhances its reliability. Capable of providing extensive advisory and accounting services, Baker Tilly is a reliable choice for clients seeking quality and comprehensive solutions.
| Key Services | - Auditing - Accounting - Management consulting - Tax consulting and compliance - Forensic accounting - Valuation services - Corporate advisory services |
| Contact | 603-2297 1000 |
| - | |
| Address | Baker Tilly Tower, Tower, 1, Avenue 5, Bangsar South, 59200 Kuala Lumpur, Federal Territory of Kuala Lumpur |
| Website | https://www.bakertilly.my/ |
5. BDO Malaysia
As an audit firm, BDO specializes in the establishment of private limited companies and foreign entities. Their services encompass maintaining statutory registers and company books, ensuring timely filing of periodic returns and mandatory submissions, and documenting decisions and resolutions by directors and shareholders on statutory matters. With BDO's expertise, clients receive efficient and reliable support for all their company needs, ensuring compliance and smooth operations.
| Key Services | - Accounting and Compliance Services - Payroll and Treasury Services - Company Secretarial and Immigration Services |
| Contact | 603 2616 2888 |
| contactus@bdo.my | |
| Address | 51-21-F, Menara Bhl, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang |
| Website | https://www.bdo.my/en-gb/home |
6. RSM Malaysia PLT
RSM Malaysia PLT operates as an independent member firm of RSM International, a globally recognized powerhouse among accounting firms. With a widespread presence across the Americas, Europe, the Middle East & North Africa, Africa, and the Asia Pacific, RSM offers comprehensive coverage for international clients. Registered auditors with both the Malaysian Audit Oversight Board and the Public Company Accounting Oversight Board, our highly skilled team specializes in providing auditing and accounting services to businesses of all sizes and industries.
| Key Services | - Audit & Assurance - Tax - Outsourcing - Risk Advisory - Transactions Advisory - Restructuring - IT Consulting & Services |
| Contact | 03-2610 2888 |
| - | |
| Address | 5th Floor, Penthouse, Wisma RKT, Block A, No. 2, Raja Abdullah, Off, Jln Sultan Ismail, 50300 Kuala Lumpur |
| Website | https://www.rsm.global/malaysia/ |
7. Crowe Horwath Malaysia
Crowe Horwath, serving over 99 companies, has extended its services to Malaysia since 1983. With Crowe Malaysia located in Kuala Lumpur and maintaining 14 offices nationwide. Renowned for its impeccable service and consistent quality, Crowe is esteemed for delivering excellence in accounting and auditing services to its clients, marking its place among respected accounting firms.
| Key Services | - Audit - Tax - Advisory services - performance services - Risk management |
| Contact | 603 2788 9999 |
| - | |
| Address | Crowe Malaysia PLT Level 16, Tower C, Megan Avenue II, 12 Jalan Yap Kwan Seng, 50450 Kuala Lumpur, Malaysia |
| Website | https://www.crowe.com/my |
8. Mazars Malaysia
Professional Formation Dot Com, as an audit firm, offers services customized to enhance business profitability. Leveraging smart tools and global resources, they strategize to thoroughly comprehend the ramifications of client decisions. Moreover, they scrutinize industry trends to guarantee clients maintain competitiveness in today's dynamic landscape. With an emphasis on maximizing business success, Professional Formation Dot Com delivers expert guidance and strategic insights to aid clients in efficiently and effectively achieving their objectives.
| Key Services | - Secretarial Services - Audit & Assurance - Consulting - Financial Advisory - Restructuring & Insolvency - Outsourcing - Tax Planning - International Desks |
| Contact | 60 3 2702 5222 |
| contact@mazars.my. | |
| Address | Wisma Golden Eagle Realty, 11th Floor, South Block, No, 142-A Jalan Ampang, 50450 Kuala Lumpur, Malaysia |
| Website | https://www.mazars.my/ |
9. UHY
UHY welcomes the chance to customize their services to suit the unique needs and characteristics of each business. By tailoring their approach, they gain valuable insights into the intricacies of the business and offer informed advice to shape future strategies. With a global network of UHY member firms, they are well-equipped to handle multinational audit projects, navigating complex reporting issues involving Sarbanes-Oxley and International Financial Reporting Standards (IFRS). Despite their global reach, their network size ensures they remain free of conflicts of interest that may hinder larger networks from accepting such projects.
| Key Services | - Audit & Assurance - Corporate Advisory & Recovery - Distressed Assets, Advisory & Management - Corporate Governance & Risk Management - Tax |
| Contact | 603- 2279 3088 |
| iuhy-kl@uhy-my.com | |
| Address | Suite 11.05, Level 11, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur. |
| Website | https://uhy.com.my/ |
10. Deloitte Malaysia
Deloitte Touche Tohmatsu Limited, commonly referred to as Deloitte, stands as one of the longest-serving and big 4 accounting firms in Malaysia. Renowned for its stellar reputation, collaborative culture, exceptional work environment, and highly skilled workforce, Deloitte is widely regarded as a top-tier audit firm. Its exceptional quality of professional services has secured it the second position on our list of the top 10 audit firms in Malaysia.
| Key Services | - Financial advisory - Audit - Tax - Enterprise risk services - Management consulting - Risk advisory - Legal services |
| Contact | 603 7610 8888 |
| - | |
| Address | Menara LGB, Level 16, 1, Jalan Wan Kadir, Taman Tun Dr Ismail, 60000 Kuala Lumpur |
| Website | https://www2.deloitte.com/my/en.html |
Conclusion
Malaysia is renowned for its dynamic landscape of audit and accounting firms, with the top 10 and top accounting firms in Malaysia standing out for their unparalleled expertise and commitment to excellence. These firms are pivotal in ensuring financial transparency, regulatory compliance, and operational efficiency for businesses across diverse industries. With their extensive experience, technical proficiency, and dedication to quality, they provide invaluable support to clients nationwide. As businesses seek reliable partners to navigate complex financial landscapes, exploring reputable tax firms in Malaysia becomes essential. By partnering with these firms, businesses can access comprehensive solutions to achieve their financial and regulatory objectives effectively, positioning themselves for long-term success in the competitive Malaysian market.
Frequently Asked Questions
1. How Can One Select the Finest Audit Firm in Malaysia?
Choosing the finest audit firm in Malaysia involves several key considerations. Firstly, assess the firm's reputation and track record, looking for client testimonials and industry recognition. Evaluate their experience and expertise in your industry sector, ensuring they understand your business's unique needs and challenges. Consider the firm's size and resources, ensuring they have the capacity to handle your audit requirements efficiently. Additionally, verify their compliance with regulatory standards and professional qualifications. Assess their approach to client communication and responsiveness, as well as their commitment to delivering value-added services. Lastly, compare fee structures and ensure they align with your budget while maintaining high-quality service delivery. By carefully evaluating these factors, one can select the finest audit and accounting firms in Malaysia suited to their specific needs and objectives.
2. What Are Some of the Leading Audit Firms in Malaysia?
Some of the leading audit firms in Malaysia include PricewaterhouseCoopers (PwC), Deloitte, Ernst & Young (EY), KPMG, BDO, RSM, Grant Thornton, and Crowe. These firms are highly respected in the industry for their expertise, professionalism, and comprehensive suite of audit and assurance services. With a strong presence in Malaysia and a global network, they offer tailored solutions to businesses of all sizes and across various industries. Renowned for their commitment to quality, integrity, and adherence to regulatory standards, these big 10 audit firms in Malaysia, including the big 5 accounting firms in Malaysia, play a crucial role in ensuring financial transparency, accountability, and compliance for their clients.
3. What Qualities Characterize a Reputable Audit Firm in Malaysia?
A reputable audit firm in Malaysia exhibits several key qualities. Firstly, professionalism is paramount, demonstrated through adherence to ethical standards, integrity, and transparency in all dealings. Technical expertise and proficiency in accounting principles and audit procedures are also essential, ensuring accurate and reliable audits. Independence and objectivity are crucial, as reputable firms maintain impartiality and avoid conflicts of interest. Effective communication and responsiveness to client needs demonstrate commitment to client satisfaction. Additionally, a strong reputation, backed by positive client testimonials and industry recognition, is indicative of a reputable audit and accounting firm. Lastly, a commitment to continuous improvement and staying abreast of regulatory changes and industry trends ensures the firm remains at the forefront of audit excellence in Malaysia.
4. What Advantages Come With Hiring an Audit Firm Based in Malaysia?
Engaging an audit firm based in Malaysia offers several advantages. Firstly, these firms possess in-depth knowledge of local regulations and compliance requirements, ensuring thorough and accurate audits tailored to Malaysian laws. Additionally, they understand the unique challenges and nuances of the Malaysian business landscape, enabling them to provide relevant insights and recommendations. Moreover, proximity allows for easier communication, facilitating collaboration and timely resolution of issues. Malaysia-based audit firms also offer cost-effective solutions compared to international counterparts, without compromising on quality. Lastly, their familiarity with local customs and practices enhances cultural sensitivity and fosters stronger relationships with clients, ultimately leading to more effective audit outcomes and greater client satisfaction.
Disclaimer: Our top 10 business service listings are curated based on research, user feedback, and industry standards. While we aim for accuracy, details like pricing and availability may change. We recommend independently verifying information before making decisions. Some listings may include affiliate links, which support our site. Please note that rankings are subjective and may not reflect personal experiences. Business performance can fluctuate, impacting rankings over time. Your use of this information is at your own discretion. We welcome feedback and questions. Contact us for more details. Thank you for using mybizhub.com.my.
