Malaysia - Kepong, Kuala Lumpur
Audit & Assurance Coordination
The annual statutory audit is a mandatory requirement for every company in Malaysia, a process that is often complex, time-consuming, and disruptive. Furthermore, the compliance process doesn't end with the signed audit report; it also includes the crucial step of submitting audited financials to SSM via the Malaysian Business Reporting System (MBRS), which requires a technical conversion to the XBRL format.
This is where SMONE’s Audit & Assurance Coordination service comes in. We act as your single point of contact, professionally managing the entire audit process from start to finish. We bridge the gap between your company and our network of licensed auditors, ensuring all audit requirements are met efficiently. Crucially, our service extends beyond the audit itself. We manage the final, critical step: the preparation and submission of your financial statements in the MBRS XBRL format to SSM.
Our goal is to transform your annual compliance from a stressful obligation into a streamlined, hassle-free experience. By entrusting the coordination to us, you gain complete peace of mind, save valuable time, and are assured of a timely and compliant audit completion and successful MBRS submission. This allows you to remain focused on your strategic goals, knowing your entire annual statutory filing is in expert hands.
Plan Benefits
- End-to-End Annual Compliance Management
- Single Point of Contact for All Communication
- Hassle-Free MBRS (XBRL) Filing with SSM
- Expert Preparation of Audit Schedules & Documents
- Streamlined Process to Minimize Business Disruption
- Proactive Management of All Statutory Deadlines
- Significant Time and Resource Savings
- Reduced Audit-Related Stress for Your Team
- Post-Audit Support & Actionable Advice
- Clear & Transparent Fee Management
Questions? You’re covered.
While you can work directly with an auditor, our role is to save you significant time and stress. We act as the expert project manager—preparing all necessary documents, speaking the auditors' language to resolve queries efficiently, and minimizing disruption to your team. This allows you to focus on your business, not on the complex and time-consuming audit process.
MBRS is the mandatory digital system by SSM for submitting financial statements, which must be converted into a technical format called XBRL. Yes, this is a core part of our end-to-end service. After your audit is complete, we handle the entire complex process of converting your accounts to XBRL and filing them with SSM, ensuring your company meets all annual compliance requirements.
We do not perform the audit ourselves; this ensures our role as your independent coordinator remains objective. We can leverage our network of licensed audit firms to find the best fit for you. However, if you have an existing relationship with an auditor you trust, we are perfectly happy to work with them as your dedicated liaison to ensure the entire process runs smoothly and efficiently.
