Accounting solutions
Accounting solutions that meet your varied needs and growing obligations
Whether you’re setting up a new business, expanding into new territories, streamlining your finance functions, or executing a corporate transaction, having the ability to manage complexity efficiently is critical in these scenarios.
The volume of data is ever growing, and regulatory requirements and accounting standards are becoming more complex to keep up with the ever-evolving business landscape you operate in. But these challenges should not slow you down.
Here’s how we can help.
We recognise that having an effective and efficient accounting function is the backbone of any successful business. Our knowledge and tools will help you meet your accounting obligations. We address critical resourcing needs, identify the right strategies to manage costs, help you enhance your efficiency and build trust in a volatile landscape.
Through our wide range of services, we are committed to giving you the value and insights you are looking for, whether you are a startup, a small or medium-sized business, or a multinational corporation.
Our solutions can be tailored to meet the unique challenges of your industry. When working with our experienced teams, you can expect to have smooth and efficient financial operations and achieve financial transparency.
Our services
Financial statements preparation
- Preparing annual statutory financial statements in line with the Malaysian Financial Reporting Standards (MFRS) or the Malaysian Private Entities Reporting Standard (MPERS)
Preparing interim condensed financial statements for listed companies to meet Bursa Malaysia’s listing requirements
Liaising with external auditors for the statutory audit of financial statements
Outsourcing of XBRL tagging for financial statements
- eXtensible Business Reporting Language (XBRL) tagging services for your financial statements in the Malaysian Business Reporting System (MBRS) platform
MBRS training for financial statements preparers (two days)
About the training
Our two-day training aims to cover the following:
Overview of XBRL and MBRS
SSM Taxonomy (SSMxT) and its use
MBRS filing requirements
Exemptions Application (EA) Taxonomy
Creating XBRL documents and filling up the scoping questions
How to fill FS and KFI documents for submission
Validating and rectifying errors
Generating and submitting an XBRL file to SSM
Functions and features of MBRS preparation tools
Hands-on training on using the mTool with sample financial statements
We adopt an experiential learning and interactive approach in our training, supported by presentation slides, hands-on training and practical sharing by our experienced facilitators.
A total of 16 CPE/CPD hours will be awarded following the 2-day training.
Who should attend
Preparers of financial statements and anyone who is involved in lodging annual returns, financial statements and reports are encouraged to attend this training.
To apply for the SBL scheme, you must submit the completed form PSMB/ PGL/1/09, together with the detailed programme agenda and speaker’s profile—we will provide you these by request. Companies that contribute to the Human Resource Development Fund (HRDF) are entitled to obtain a training grant from the Human Resource Development Corporation (HRDC) under the Skim Bantuan Latihan (SBL). The application requires HRDC’s approval.
Accounting and management reporting
- Setting up an accounting database using our cloud-based accounting system
- Customising chart of accounts and workflow systems to suit your day-to-day business operations
- Preparing management financial reports and analysis reports
- Preparing and submitting sales and service tax (SST) returns
- Liaising with tax agents and auditors to provide information on management accounts and audited accounts
- Consolidating group accounts
- Tax accounting for annual statutory financial reporting or for internal group reporting
Payment facilitation
- Managing payments to vendors and local authorities, and staff-related claims
- Access to set up a PwC Trust Account for payments or the flexibility to use the company’s corporate bank account
- Preparing bank reconciliation monthly
Interim secondment services
- Assisting with unforeseen and/or urgent requirements for financial and accounting support
- Providing contingent manpower to bridge the company’s temporary resources gap
- Assisting with document processes and controls
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