Call Us +6011 1110 2898
Opening time
Mon-Fri: 09.00 -18.00
Email us general@cwc-co.com.my

Trusted Chartered Accountants in Malaysia & Labuan

We help businesses navigate financial reporting, compliance and assurance with confidence.

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Our Expertise

Audit and assurance
» Audit & Assurance

Comprehensive audit and assurance services ensuring compliance and financial accuracy.

Labuan Solutions
» Labuan Solutions

Specialised auditing and compliance services for Labuan companies.

AMLA Audit
» AMLA Audit

Anti-money laundering
(AMLA) audit and compliance review to meet regulatory praces.

Corporate Advisory
» Corporate Advisory
Strategic advisory and tax compliance services tailored to your business needs.

Our Accounting Partners

We Work For Your Success

ENG GUO MIAO
ENG GUO MIAO

Partner CA (M), FCCA

Eng has vast experience in audit and assurance was formerly with one of the international public accounting firms in Malaysia and Singapore, involved in audit of listed companies, multi-national companies, and SMEs in Singapore, Malaysia and China.

SAM KUAN YING TUNG

Partner CA (M), CPA

Sam has experience in the audit practice, accounting and financial management since 2005 in international public accounting firms. He has also been involved in Initial Public Offerings (IPO), Due Diligences, Bonds Issuances, mergers, acquisitions and overseas assignments.

TJB
CWC has been doing our audits for a couple of years, and each year worked out well. And they are very responsive, responding to my emails right away.
Eddie
We switched to this auditing firm in 2021, and they have consistently provided excellent support ever since. Emails are always answered promptly, and they confirm receipt of all documents. Many companies in Malaysia struggle with these basic business practices, but with this firm, we can entrust our work with complete confidence. Their collaboration with tax advisors is also excellent. I would highly recommend them to companies, including those managed by Japanese executives.
Olga Semenova
We are very pleased with the audit services provided by CWC & ENG PLT. The team was responsive, professional, and addressed all our inquiries promptly. Their attention to detail and proactive approach made the process smooth and efficient. We look forward to working with you again in the future!
Wai Kit Mak
We recently worked with this audit firm and had a great experience. Kah Yan and Ji Yan were professional, responsive, and really easy to work with. They made the whole audit process smooth and straightforward. Definitely recommend them if you're looking for a reliable team!

Frequently Asked Questions

What are the key changes in the AMLA (Amendment) Act that came into effect on 1 March 2026?

The AMLA (Amendment) Act 2025, which became fully operational on 1 March 2026, brings Malaysia into closer alignment with global FATF standards. Key changes include enhanced powers for the freezing and seizure of illicit proceeds and stricter transparency requirements for Beneficial Ownership. For reporting institutions, this means your internal controls must be more robust to handle increased supervisory resolve from Bank Negara Malaysia (BNM).

Has the audit exemption threshold for Malaysian SMEs changed for financial periods starting in 2026?

Yes. Under SSM Practice Directive No. 10/2024, Phase 2 of the audit exemption framework begins for financial periods commencing on or after 1 January 2026. Your Sdn Bhd may now qualify for exemption if it meets at least two of these revised criteria: Annual Revenue ≤ RM2,000,000, Total Assets ≤ RM2,000,000, and Full-time Employees ≤ 20. Our team can assess your eligibility and handle the mandatory unaudited financial statement preparation.

What is the BNM Data and Compliance Report (DCR) requirement for 2026?

The DCR 2026 is a mandatory self-assessment for DNFBPs (accountants, lawyers, company secretaries, and real estate agents). It is used by BNM to gauge your firm's AML/CFT/CPF compliance. Failure to submit or providing inaccurate data can lead to high penalties. CWC & ENG PLT provides AMLA advisory to help firms accurately prepare their DCR and identify "red flags" before submission.

Does my company need an audit even if we meet the 2026 exemption thresholds?

While you may meet the thresholds, an audit is still mandatory if: 1) Shareholders holding at least 5% request one; 2) The SSM Registrar directs it; or 3) Your bank or lenders require audited accounts for credit facilities. We recommend a "voluntary audit" for companies planning for future M&A due diligence or large-scale financing.
Our Qualification and Recognition
malaysian institute of accountants
acca approved employer gold
cpa australia
LEA Global

Kuala Lumpur Office

38D, 3rd Floor, Jalan Radin Anum, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia

Petaling Jaya Office

D-1-32, Block D, 8 Avenue, Jalan Sungai Jernih 8/1, Section 8, 46050 Petaling Jaya, Selangor Darul Ehsan, Malaysia

Labuan Office

Office Suite 1605, Level 16 (A), Main Office Tower, Financial Park Complex Labuan, Jalan Merdeka, 87000 Labuan F.T, Malaysia