Companies Commission should explain its stand


Although the criteria for audit exemptions have been finalised, the debate may go on

WHAT will change when potentially tens of thousands of small companies in Malaysia are no longer required by law to appoint auditors? Will these companies benefit from not having to bother with annual audits of their financial statements? Will others find it riskier if they have to rely on the companies’ unaudited accounts? And how will audit firms deal with the drop in revenue?

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Sime Darby to focus on industrial segment, UMW consolidation
Ringgit opens higher against US$
FBM KLCI to trade sideways on weak sentiment
Trading ideas: SunCon, PetChem, Reneuco, Sime Darby, MPI, Berjaya Food, Apex Healthcare, Hong Leong Industries, LBS and Sunway
HLI 2Q net profit up 39.4%
Exports recovery expected in 2024
Sunway Property targets RM2.6bil sales this year
Apex bullish about prospects
Job market to remain strong, says Jobstreet
Citaglobal-led consortium bags 30-year RE contract

Others Also Read