Businesses that fall below a given threshold in revenue, assets, or personnel count are known as small and mid-sized companies (SMEs). Each nation defines small and medium-sized businesses, and each country may establish separate industry-specific standards to determine what small businesses are in various fields. SMEs are crucial to the economy because they employ large numbers of people and foster innovation.
The need for small businesses and SME owners to manage every part of their firm means that the aspect of accounting is frequently neglected. The time required to research and analyse each financial aspect of a firm is time that these companies do not have as everything is fast-paced in their business. Accounting firms can expedite simple and complex accounting duties by outsourcing them to an accounting firm. Here are the 11 best accounting firms for SMEs in Malaysia.
Why is accounting important for SMEs?
Accounting aids in the management of assets, liabilities, revenue, and cash flow for business owners. This is quite helpful because it allows managers, investors, owners and other stakeholders to monitor the company’s financial performance, enabling them to make much more informed decisions.
Which accounting reports are the most important for small businesses?
The income statement, typically known as the profit and loss statement or the P&L, is your company’s most crucial accounting document. An accounting firm will ensure this statement is as detailed as possible to ensure there are no discrepancies.
11 Best Accounting Firms for SMEs in Malaysia 2024
1. CCS & Co
Since 2004, CCS & Co. has focused on providing accounting, auditing, taxes, business, and human resource advice services across Malaysia. This chartered accounting firm has the abilities, knowledge, and charisma to handle all your business demands in addition to its certified accountants. As your dependable accountants and business advisors, the firm is prepared to handle any financial difficulties your business may be experiencing.
Operating Hours: 8:00am – 5:00pm (Monday – Friday)
Address: 38-1, Jalan Radin Anum, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/YourAuditor
Check Info On Website2. YYC Tax Consultant Sdn Bhd
YYC Tax Consultant Sdn Bhd is an accounting company that has a team of qualified chartered accountants, tax experts, and business consultants that are committed to assisting and advising Malaysian SMEs as they expand exponentially. They provide professional accounting services such as accounting, audit & assurance, business advisory, payroll outsourcing, tax compliance & advisory, taxPod, transfer pricing advisory, Xero cloud accounting and corporate advisory.
Operating Hours: 8:30am – 5:30pm (Monday – Friday)
Address: No.32 & 34, Lorong Thambi 2, Jalan Brunei, 55100 Kuala Lumpur
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/yycadvisors1974
Instagram: https://www.instagram.com/yycadvisors_1974/
Refer Info On Website3. Chengco PLT
From small beginnings, Chengco PLT expanded its offerings by building new branches and successfully merging with more than 20 other businesses to suit the public’s ever-growing expectations. In the same year, the company was established in 1993, Chengco PLT also bought a business based in Kuala Lumpur. This company’s services include Financial Due Diligence Audit, Statutory Audits, Agreed-Upon Procedures (AUP), Offshore Audits, Forensic Audit, Reporting Accountant and Government and Co-operative Audit.
Operating Hours: 8:30am – 5:30pm (Monday – Friday)
Address: No 8-2 & 10-2, Jalan 2/114, Kuchai Business Centre, 58200 Kuala Lumpur
Google Map: Navigate Now
Website Info4. CA Group
CA Group delivers a range of extensive services, including accounting, payroll, taxation and other compliance services, all designed to cater to the needs of businesses. Their mission is to assist businesses in Malaysia in transitioning from traditional document processing to a paperless system. CA Group understands the challenges in this transition and is committed to providing its clients with the necessary support and guidance at every step. They aim to become the most reliable and trusted business solutions services provider worldwide, prioritising their client’s needs and delivering top-quality solutions to meet their requirements.
Operating Hours: 9:00am – 5:15pm (Monday – Friday)
Address: B-2-12 (2nd Floor), Aman Suria Damansara, Jalan PJU 1/43, 47301 Petaling Jaya, Selangor Darul Ehsan.
Office Number: 03 7886 0258
Phone Number: 018 3991013
Email: info@cacorpintl.com
Google Map: Navigate Now
Facebook: https://www.facebook.com/cacorporate
View website5. Great CFO Tax Sdn Bhd
The goal of the Malaysia-based company Great CFO Tax Sdn Bhd is to help businesses in maximising their business opportunities and enhancing the connectivity among their clients. This is because getting acknowledged and being able to grow continuously is an issue that every business owner in a startup or SME goes through. The services they provide include Payroll Services, Company Secretarial, Business Advisory, Accounting & Book-Keeping, Company Incorporation, Tax Compliance, Accounting & Payroll Software, Outsourcing CFO Services and Business Training workshops.
Operating Hours: 9:00am – 5:30pm (Monday – Friday)
Address: No.02-03A, PV128, Jalan Genting Kelang, 53300 Wilayah Persekutuan, Wilayah Persekutuan Kuala Lumpur
Google Map: Navigate Now
Facebook: https://www.facebook.com/greatcfo
View website6. SJ & Co. PLT
SJ & Co. PLT is a professional accounting firm that you can trust as this company is a member that is registered with the Malaysian Institute of Accountants. The services available at this accounting firm comprise auditing, taxing, accounting and advisory. Their team may be small, but you are guaranteed an excellent and detailed work frame.
Operating Hours: 9:00am – 6:00pm (Monday – Friday)
Address: 36G, 2, Jalan Radin Anum, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Google Map: Navigate Now
Facebook: https://www.facebook.com/sjcoplt/
View website7. ST & Partners PLT
ST & Partners PLT are chartered accountants who are members of The Malaysian Institute of Certified Public Accountants and The Malaysian Institute of Accountants. This accounting firm is dedicated to offering top-notch small and medium-sized enterprises in Malaysia, including advisory services, audit & assurance services, accounts book-keeping services and taxation services. The ST & Partners PLT team are proficient in the Malaysia Companies Act 2016, income tax and SST regulations and laws and Malaysian accepted auditing and accounting standards.
Operating Hours: 8:00am – 6:00pm (Monday – Friday)
Address: 24A, Jalan SS 21/35, Damansara Utama, 47400 Petaling Jaya, Selangor
Google Map: Navigate Now
Facebook: https://www.facebook.com/malaysia.accountant/?ref=page_internal
View website8. Wanconnect Advisory PLT
Wanconnect Advisory PLT comprises a team of dedicated experts qualified as Chartered Accountants, Approved Tax Agents, Approved Auditors, and Company Secretaries to offer the highest calibre of work for clients and support the growth of your company. The accounting firm delivers professional services such as Corporate Secretarial Services, IT Support (SQL), Accounting, Tax Consultancy, Indirect Tax (SST / GST) Advisory, Training and Developments and Assurance.
Operating Hours: 8:00am – 6:00pm (Monday – Friday)
Address: Level 23A-02 & 23A-03, Q Sentral, Kuala Lumpur
Google Map: Navigate Now
Facebook: https://www.facebook.com/wanconnectgroup
View website9. L & Co. PLT
L & Co. PLT was founded to help Small and Medium Enterprises (SMEs) in Malaysia with their tax, SST (Sales and Services Tax), and company financial statement statutory audit needs. Local business firms (such as manufacturing, construction, plantations, and global trading, among other industries) and not-for-profit organisations, doctors, lawyers, and multinational corporations make up the firm’s clientele portfolios. By offering a constant level of services based on superior professional capabilities and local understanding, this accounting firm plays a significant part in helping them effectively.
Operating Hours: 9:00am – 1:00pm, 2:00pm – 6:00pm (Monday – Friday)
Address: 15-2, Dinasti Sentral, Jalan Kuchai Maju 18, Off, Jalan Kuchai Lama, 58200 Wilayah Persekutuan, Wilayah Persekutuan Kuala Lumpur
Google Map: Navigate Now
Google Reviews: Here
View website10. Perfect Advisory Sdn Bhd
Perfect Advisory Sdn Bhd is dedicated to smoothly offering your company cost-effective, high-quality services to address the specific difficulties facing your company. This accounting firm will take the time to understand your organisation’s requirements, research your industry, and effectively join your management team. The services that Perfect Advisory Sdn Bhd offers include Corporate & Secretarial Advisory Services, SST Consulting and Planning, Accounting & Bookkeeping Services, Company Business & MOF Registration, Retirement Planning, Investment Planning, Tax Consulting & Planning, Business Consultant Services, Personal & Business Risk Management and Estate Planning (Will & Trust).
Operating Hours: 8:30am – 5:30pm (Monday – Friday)
Address: 77, Jalan Teluk Sisek, Padang Lalang Industrial Area, 25050 Kuantan, Pahang
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/perfectbiz1968
Instagram: https://www.instagram.com/pbag_official/
View website11. Wezmart International Berhad
Wezmart International Berhad is a regulatory technology and corporate advisory firm concentrating on creating cutting-edge digital solutions to support its subsidiaries in compliance services like Company Secretarial, Intellectual Property, Human Resources (“HR”) & Accounting Shared Services Centre and many other services. By combining the resources of many professionals in the sector, the accounting firm hopes to rank among the top businesses in South East Asia. This accounting firm will use digital technologies to enhance how professionals work and live.
Operating Hours: 9:00am – 6:00pm (Monday – Friday)
Address: 25, Jln Puteri 7/15, Bandar Puteri, 47100 Puchong, Selangor
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/SME.Connected.Advisor
Instagram: https://www.instagram.com/wezmart_consulting/
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Disclosure: This list was compiled by the team at My Weekend Plan after extensive research and shared opinions to suggest helpful recommendations for the public. The sequence of brands is in no particular order so if you have any other great suggestions too, please email us support@myweekendplan.com.my. For more information, kindly refer to our copyright, privacy & disclosure policy.
