From initial risk assessment through to deal closure,
we provide a full suite of advisory services tailored to your transaction.
We conduct a thorough review of the target company's financial statements, accounting policies, cash flows, and working capital to verify reported earnings and uncover any financial irregularities or adjustments required for valuation.
We advise on the fair value of a business using appropriate methodologies — including discounted cash flow (DCF), earnings multiples, net asset value (NAV), and market comparables — ensuring your offer price is justified and defensible.
We identify and assess key risks across financial, tax, operational, and compliance dimensions, providing you with a prioritised risk register and practical recommendations to protect your investment and negotiate appropriate deal terms.
We advise on the optimal holding and acquisition structure to maximise tax efficiency, protect assets, and facilitate future growth or exit — whether you are acquiring a Malaysian Sdn. Bhd., a Labuan entity, or a cross-border target.
We review the target's historical tax positions, outstanding liabilities, and compliance with Malaysian tax legislation (LHDN), SSM requirements, and relevant industry regulations to surface any latent exposure that could affect your deal price.
Our involvement does not end at deal closure. We assist with integration planning, financial reporting alignment, and ongoing compliance to ensure the acquired business performs in line with your investment thesis from day one.
We define the scope, key risk areas, and deliverables together with you — ensuring our focus aligns with what matters most for your transaction.
Our team reviews financial statements, tax records, contracts, and operational data — asking the right questions and obtaining direct management responses.
We deliver a clear, structured report covering findings, risk ratings, adjusted earnings, and a defensible valuation range with supporting analysis.
We stand by you through final negotiations, helping you apply our findings to adjust deal terms, price chips, or walk away with clarity.
Under Phase 2 of the SSM Practice Directive No. 10/2024, effective for financial periods starting on or after 1 January 2026, a private company may qualify for audit exemption if it meets at least two of these criteria: Annual Revenue ≤ RM2,000,000, Total Assets ≤ RM2,000,000, and Full-time Employees ≤ 20. CWC & ENG PLT can help you assess your eligibility and handle the mandatory unaudited financial statement filings.
Yes. Audit exemption is not a "reporting exemption." You are still legally required under the Companies Act 2016 to prepare a full set of financial statements and lodge them via the MBRS (Malaysian Business Reporting System). We specialize in MBRS filing and compilation services to ensure your unaudited accounts fully comply with Malaysian Private Entity Reporting Standards (MPERS).
Many SMEs choose a voluntary audit to build "Financial Trust." It is often required by banks for loan applications, requested by potential investors during due diligence, or needed to apply for government grants and tenders. An audit provides a "Verified" badge of credibility that unaudited accounts simply cannot match.
While an audit provides a formal opinion on your financial statements for regulatory compliance, Assurance services are broader. Assurance can focus on specific areas of your business—such as internal control reviews, cybersecurity processes, or sustainability reporting—to give stakeholders confidence in the quality and integrity of your non-financial data.
For a private company, audited financial statements must be circulated to all shareholders within 6 months of your Financial Year End (FYE). Following circulation, you have 30 days to lodge the accounts with SSM. For example, if your FYE is 31 December, your filing deadline is usually late July.
As a firm of Chartered Accountants and MIA member firm, we adhere to the International Standards on Auditing (ISA). Our process involves a rigorous risk-based approach, ensuring that we don't just "check boxes" but identify operational inefficiencies and financial risks, providing you with a Management Letter that adds real value to your business growth.
Our Client Testimonials
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!
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.
CWC has been doing our audits for a couple of years, and each year worked out well. And they are very responsive, responding tpo my emails right away.
38D, 3rd Floor, Jalan Radin Anum, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia
D-1-32, Block D, 8 Avenue, Jalan Sungai Jernih 8/1, Section 8, 46050 Petaling Jaya, Selangor Darul Ehsan, Malaysia
Office Suite 1605, Level 16 (A), Main Office Tower, Financial Park Complex Labuan, Jalan Merdeka, 87000 Labuan F.T, Malaysia