Year End Liaison
with Auditor & Tax Agent
Year End Liaison
with Auditor & Tax Agent
Audited Financial Statements
At the end of the financial year, every SDN BHD company in Malaysia is required to get their financial statements audited by a licensed auditor. The licensed auditor will then produce a written letter containing an opinion on the reliability of the company’s financial statements according to the relevant accounting standards and act.
It is mandatory for Sdn. Bhd. companies to then submit these financial statements and report to the Companies Commission of Malaysia.
The audit process can be tedious, time-consuming, and stressful for companies and business owners. InTune helps our clients manage this stress by liaising with the auditor when it comes time to prepare the audit report.
It is mandatory for Sdn. Bhd. companies to then submit these financial statements and report to the Companies Commission of Malaysia.
The audit process can be tedious, time-consuming, and stressful for companies and business owners. InTune helps our clients manage this stress by liaising with the auditor when it comes time to prepare the audit report.
Corporate Tax Submission
It is mandatory for every corporate company in Malaysia to file for taxes on a yearly basis. While the tax rates may vary depending on the type of company as well as the amount of taxable income, generally, companies need to pay a corporate tax for income that was made in Malaysia.
The process of estimating tax payable (so that tax instalments can be paid periodically in advance) is a process which requires understanding of the tax computation and tax laws. In addition to the initial tax estimation compliance requirements, there are two further revisions before the end of the financial year.
While tax computation and submission are done by appointed tax agent by the companies, the process can be taxing for business owners who don’t understand the nitty gritty details.
The process of estimating tax payable (so that tax instalments can be paid periodically in advance) is a process which requires understanding of the tax computation and tax laws. In addition to the initial tax estimation compliance requirements, there are two further revisions before the end of the financial year.
While tax computation and submission are done by appointed tax agent by the companies, the process can be taxing for business owners who don’t understand the nitty gritty details.
Liaising with Relevant Parties
Being that InTune Outsourcing provides Accounting and Bookkeeping services to our clients, often functioning as their Accounting department, we work with licensed auditors and tax agents when it comes time to audit the financial statements as well as the tax submissions to the Inland Revenue Board (LHDN) at the end of the financial year.
The process begins with the preparation of management accounts by InTune on behalf of our clients, which include the Profit & Loss Report and the Balance Sheet. Essentially, this is a “draft” financial statement, which will be given to the auditor when they visit our office in order to perform the audit for our clients. Any supporting documents requested by the auditor will be produced by InTune, and any errors will be rectified.
Once the auditor’s report is ready, we will advise our clients on the amount of taxes that need to be paid to LHDN and prepare the necessary documents. It can be time-consuming to prepare the many documents needed for tax submissions. Therefore, our clients will generally rely on InTune to liaise with the auditor and tax agents on their behalf instead.
The process begins with the preparation of management accounts by InTune on behalf of our clients, which include the Profit & Loss Report and the Balance Sheet. Essentially, this is a “draft” financial statement, which will be given to the auditor when they visit our office in order to perform the audit for our clients. Any supporting documents requested by the auditor will be produced by InTune, and any errors will be rectified.
Once the auditor’s report is ready, we will advise our clients on the amount of taxes that need to be paid to LHDN and prepare the necessary documents. It can be time-consuming to prepare the many documents needed for tax submissions. Therefore, our clients will generally rely on InTune to liaise with the auditor and tax agents on their behalf instead.
Do you need assistance with your company’s year end audit and tax submissions? Our accountants at InTune have worked extensively with many audit firms and tax agents. Call or email us today to find out how we can help you.
Audited Financial Statements
At the end of the financial year, every SDN BHD company in Malaysia is required to get their financial statements audited by a licensed auditor. The licensed auditor will then produce a written letter containing an opinion on the reliability of the company’s financial statements according to the relevant accounting standards and act.
It is mandatory for Sdn. Bhd. companies to then submit these financial statements and report to the Companies Commission of Malaysia.
The audit process can be tedious, time-consuming, and stressful for companies and business owners. InTune helps our clients manage this stress by liaising with the auditor when it comes time to prepare the audit report.
It is mandatory for Sdn. Bhd. companies to then submit these financial statements and report to the Companies Commission of Malaysia.
The audit process can be tedious, time-consuming, and stressful for companies and business owners. InTune helps our clients manage this stress by liaising with the auditor when it comes time to prepare the audit report.
Corporate Tax Submission
It is mandatory for every corporate company in Malaysia to file for taxes on a yearly basis. While the tax rates may vary depending on the type of company as well as the amount of taxable income, generally, companies need to pay a corporate tax for income that was made in Malaysia.
The process of estimating tax payable (so that tax instalments can be paid periodically in advance) is a process which requires understanding of the tax computation and tax laws. In addition to the initial tax estimation compliance requirements, there are two further revisions before the end of the financial year.
While tax computation and submission are done by appointed tax agent by the companies, the process can be taxing for business owners who don’t understand the nitty gritty details.
The process of estimating tax payable (so that tax instalments can be paid periodically in advance) is a process which requires understanding of the tax computation and tax laws. In addition to the initial tax estimation compliance requirements, there are two further revisions before the end of the financial year.
While tax computation and submission are done by appointed tax agent by the companies, the process can be taxing for business owners who don’t understand the nitty gritty details.
Liaising with Relevant Parties
Being that InTune Outsourcing provides Accounting and Bookkeeping services to our clients, often functioning as their Accounting department, we work with licensed auditors and tax agents when it comes time to audit the financial statements as well as the tax submissions to the Inland Revenue Board (LHDN) at the end of the financial year.
The process begins with the preparation of management accounts by InTune on behalf of our clients, which include the Profit & Loss Report and the Balance Sheet. Essentially, this is a “draft” financial statement, which will be given to the auditor when they visit our office in order to perform the audit for our clients. Any supporting documents requested by the auditor will be produced by InTune, and any errors will be rectified.
Once the auditor’s report is ready, we will advise our clients on the amount of taxes that need to be paid to LHDN and prepare the necessary documents. It can be time-consuming to prepare the many documents needed for tax submissions. Therefore, our clients will generally rely on InTune to liaise with the auditor and tax agents on their behalf instead.
The process begins with the preparation of management accounts by InTune on behalf of our clients, which include the Profit & Loss Report and the Balance Sheet. Essentially, this is a “draft” financial statement, which will be given to the auditor when they visit our office in order to perform the audit for our clients. Any supporting documents requested by the auditor will be produced by InTune, and any errors will be rectified.
Once the auditor’s report is ready, we will advise our clients on the amount of taxes that need to be paid to LHDN and prepare the necessary documents. It can be time-consuming to prepare the many documents needed for tax submissions. Therefore, our clients will generally rely on InTune to liaise with the auditor and tax agents on their behalf instead.
Do you need assistance with your company’s year end audit and tax submissions? Our accountants at InTune have worked extensively with many audit firms and tax agents. Call or email us today to find out how we can help you.
Every SME Can Become Large
InTune Outsourcing - Creating Financially Driven Businesses and Entrepreneurs.
Every SME Can Become Large
InTune Outsourcing - Creating Financially Driven Businesses and Entrepreneurs.
About InTune Outsourcing Services
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Best SME Accounting & HR Consulting Firm
Social Media
InTune Outsourcing was founded in 2007 as an outsourcing and business consultancy firm geared to the needs of small and medium sized enterprises.
About InTune Outsourcing Services
Quick Link
InTune Outsourcing was founded in 2007 as an outsourcing and business consultancy firm geared to the needs of small and medium sized enterprises.
Best SME Accounting & HR Consulting Firm
Social Media
About InTune Outsourcing Services
InTune Outsourcing was founded in 2007 as an outsourcing and business consultancy firm geared to the needs of small and medium sized enterprises.
Best SME Accounting & HR Consulting Firm