Audit & Assurance
Statutory Financial Statement Audit
Financial Statement audit remains one of TJS’s core business activities pursuant to prevailing statutory requirements. Financial Statements Audit are mandatory for companies incorporated under the Companies Act, 2016. Generally, all companies are required to circulate their financial statements to shareholders within 6 months from their financial year end and file their audited financial statements with the Companies Commission of Malaysia within thirty days thereafter.
Some exemptions from audit are provided under the Companies Act 2016 for private companies such as dormant companies, companies without revenue, or companies with a size below a certain threshold, measured by revenue, total assets or number of employees. However, such companies may choose to audit their financial statements for other purposes such as for obtaining banking facilities, tax filing or future expansion when audited financial statements are required.
Other Audit
On top of the statutory financial statements audit, there are audits require by client based on their specific needs and objectives. TJS is able to perform audits that are tailored to clients’ requirements objective such as the following:
- Agreed Upon Procedures
- Special Audits
are generally undertaken for the purpose of corporate exercises such as merger and acquisition, valuation exercise and etc.
Fraud Investigate and Forensic
Our Forensic Services involve both Litigation Support and Investigation services including:
- Expert Witness and Dispute Advisory
- Alternative Dispute Resolution
- Fraud Investigations