Audit
ChanCo is a licensed audit firm approved by Ministry of Finance, Malaysia which providing comprehensive audit and assurance services to all industry types. We assist our clients in facilitating audit of the financial statements of their businesses. The latest technologies combined with innovative ideas of our auditors form an excellent platform for conducting authentic assessments and examinations of client’s audit cases, ensuring true and fair presentation of the reports.
Tax Planning and Compliance Services
Tax planning is the analysis of a financial situation to ensure that all elements work together to allow company to pay the lowest taxes possible. Tax planning and tax compliance can be taxing and time consuming. We provide company and personal tax services for companies and individuals, ensuring all tax returns are filed and submitted on a timely basis to avoid tax penalties that are due to late submissions. This is especially critical due to the new Self Assessment Regimen implemented by the Lembaga Hasil Dalam Negeri (LHDN) that requires companies and individuals to assess their income and make payments on taxes due on a timely basis. Accounting records would also have to be kept updated, as the LHDN would randomly be performing “tax audits” from time to time.
Outsourced Accounting Services
Business conditions are changing and outsourcing accounting services is on the rise. Today’s business owners are facing greater expectations when it comes to financial transparency and government compliance. All too often, businesses are juggling day-to-day responsibilities alongside more complex and time consuming tasks such as finance, accounting, compliance, internal audit, and risk management. They are simply trying to do more with fewer resources. Increasingly, businesses, both large and small, are turning toward outsourcing as their preferred solution—with accounting being one of the primary outsourced tasks. In fact, many business owners are finding that outsourcing provides a unique opportunity to receive accounting support from talented professionals without the added overhead associated with in-house resources.