MIA Recognized Audit Firm

Audit and Accounting Firm in Malaysia

NOVA

With over 20 years of experience as a reputable top audit and accounting firm in Malaysia, NOVA provides a wide range of accounting services and solutions to businesses across various industries. Be it a small, emerging business or a large-scale enterprise, we are committed to delivering tailored services that cater to our clients' specific needs.

20
Years Experience
25
Professional Team
240
Satisfied Clients

Trusted Professional Services in Malaysia

With a long-standing history of integrity, trust, and efficiency, the audit and accounting firm offers comprehensive services to a diverse clientele. Our holistic approach ensures that every aspect of your business is considered while delivering valuable insights for informed decision-making.

MIA Recognized Audit Firm

As a MIA recognized audit firm in Malaysia, we are a member firm of the Malaysian Institute of Accountants (MIA) and an approved auditor by the Ministry of Finance.

Over 20 Years Experience

Our team consists of highly experienced accountants and certified auditors who uphold rigorous quality standards with extensive experience in diverse industries.

Client-Focused Approach

We believe in building strong relationships with our clients through teamwork, trust, and personalized solutions that cater to your specific business needs.

Our Services

We provide comprehensive auditing, accountancy, tax consulting, sales and service tax (SST), corporate secretarial, and payroll services designed to maintain compliance with regulatory requirements.

Audit Services

Comprehensive statutory audits ensuring compliance with Malaysian Companies Act 2016 and international auditing standards for businesses of all sizes.

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Tax Consultancy Services

Expert tax planning and compliance services providing practical solutions to tax and accounting matters to minimize your tax liabilities.

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SST Consultancy Services

Sales and Service Tax (SST) consultancy ensuring compliance with SST regulations and timely submissions.

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Corporate Secretarial Services

Complete corporate secretarial services to maintain your company's statutory compliance and good standing.

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Accounting Services

Professional accounting services including bookkeeping, financial statement preparation, and accounting system setup.

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Payroll Services

Efficient payroll processing and statutory compliance for EPF, SOCSO, and income tax deductions.

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Frequently Asked Questions

Common questions about audit and accounting services in Malaysia

What type of companies in Malaysia need to undergo audits?

In Malaysia, certain companies are required by law to undergo an audit, as stipulated by the Companies Act 2016 and other relevant regulations. These include:

  • Private companies (Sdn. Bhd.)
  • Public companies (Berhad)
  • Other entities i.e. certain statutory bodies, financial institutions, and non-profit organisations

Can a company be exempted from undergoing an audit in Malaysia?

Yes. A company can be exempted from undergoing an audit in Malaysia if it falls under these categories:

  • Dormant Companies: Companies that have been dormant since incorporation or during the immediate past and current financial year
  • Zero-Revenue Companies: No revenue for current and past two financial years, and total assets ≤ RM300,000
  • Threshold-Qualified Companies: Revenue ≤ RM100,000, assets ≤ RM300,000, and ≤ 5 employees

Why should you choose NOVA as your audit firm?

  • Registered and Trusted: MIA member firm and approved auditor by Ministry of Finance
  • Experienced Team: Highly experienced accountants and certified auditors
  • Industry Expertise: Serving SMEs across various industries including advertising, engineering, construction, and more
  • Client-Focused: Building strong relationships through teamwork, trust, and personalized solutions

How much do your auditing services cost?

We offer competitive and transparent pricing for our auditing services:

  • Audit fees start from RM1,000 for dormant companies
  • For active businesses, fees are customized based on scope, transaction volume, business complexity, and company size
  • Contact us for a free consultation and customized quote

What are the benefits of hiring an external auditor in Malaysia?

Hiring an external auditor provides significant value for SMEs in Malaysia:

  • Compliance: Ensures proper compliance with regulatory requirements and tax laws
  • Fraud Detection: Acts as a deterrent against fraud and identifies weaknesses in internal controls
  • Financial Accuracy: Ensures accurate and reliable financial records for better decision-making
  • Enhanced Credibility: Builds trust with investors, banks, customers, and suppliers
  • Access to Financing: Banks rely on audited statements to assess loan applications
  • Professional Advice: Provides valuable insights on improving business processes

Contact NOVA

Professional Audit, Accounting & Tax Services in Kuala Lumpur, Malaysia

Located in Kuala Lumpur (KL), our office is easily accessible to assist with your financial concerns. If you're seeking reliable advice for your business's financial matters, don't hesitate to contact us to arrange a meeting with one of our expert consultants.