ACCOUNTING AND BOOKKEEPING SERVICES

Accounting services are vital for businesses seeking effective financial management, regulatory compliance, and strategic decision-making. In Malaysia, our comprehensive accounting solutions provide essential support by meticulously managing financial records, ensuring adherence to local and international standards, and delivering valuable insights for informed business decisions.

Outsource Accounting Services Malaysia

Beyond Corporate Group is a Chartered Secretaries and an Associate and an Associate Member of the Malaysian Institute of Chartered Secretaries and Administrators (MAICSA), and provides a broad spectrum of corporate secretarial services, among which business consultancy and company incorporation.

At Beyond Corporate Group, we understand the importance of accurate accounting services and efficient financial management. We have handled virtually all kinds of accounting and bookkeeping projects for small to medium sized businesses, according to applicable approved accounting standards. You can expect a high degree of professionalism and dedication for your accounting and financial statements needs, as well as strict confidentiality at all times.

Our outsource accounting services is to help you gain access to a low-cost, accurate and complete accounting system that helps you run your business efficiently. Whether you are a small start-up or a growing medium sized business, we can prepare your company’s full set of accounts and financial statements efficiently at reasonable rates. Discover our wide range of expertise across many industries, as well as over a decade’s worth of experience in professional Outsource Accounting Services Malaysia.

Our Accounting Services Include:

 

•      Book-keeping

Our bookkeeping services ensure that your business’s financial records are meticulously maintained. We handle all aspects of daily financial transactions, and our team ensures accuracy in managing ledgers, reconciling bank statements, and tracking expenses. By maintaining up-to-date and precise records, we provide you with a clear picture of your financial health, enabling you to make informed business decisions and comply with Malaysian accounting standards.

 

•     Audit and assurance (statutory and internal audit)

Statutory Audit

We conduct comprehensive statutory audits to ensure your financial statements comply with legal requirements and regulatory standards in Malaysia. Our audit process involves a thorough review of your financial records, internal controls, and accounting procedures to provide an independent opinion on the accuracy and fairness of your financial statements.

Internal Audit

Our internal audit services focus on evaluating the effectiveness of your internal controls and risk management processes. We assess the efficiency of your operations, identify areas for improvement, and provide actionable recommendations to enhance your business’s financial integrity and operational efficiency.

 

•    Preparation of full set of accounts

We prepare a complete set of financial statements that includes all necessary components for a clear representation of your business’s financial position. Our service covers the preparation of detailed financial reports, including your profit and loss statement, balance sheet, and cash flow statement. These statements are prepared in accordance with Malaysian Financial Reporting Standards (MFRS) to ensure accuracy and compliance, providing you with a comprehensive overview of your company’s financial status.

 

•    Profit and loss statement

Our preparation of the profit and loss statement (also known as the income statement) provides a detailed summary of your company’s revenues, costs, and expenses over a specific period. This financial report helps you assess your business’s profitability and operational efficiency, highlighting areas where costs can be reduced, and revenues can be increased. We ensure that all figures are accurately reported and aligned with applicable accounting standards.

 

•    Balance sheet

We prepare detailed balance sheets that present a snapshot of your company’s financial position at a specific point in time. The balance sheet includes your business’s assets, liabilities, and equity, offering insights into your financial stability and liquidity. Our balance sheets are prepared with precision and in accordance with Malaysian accounting regulations, helping you understand your financial health and make strategic decisions.

Customized Accounting services

Our clients above ranges from a simple sole proprietorship to medium sized companies from much diversified industry. Our innovative business solutions are tailor-made to suit your unique business needs and preferences, thus we offer various outsource accounting packages. Clients can have the option of monthly, quarterly, half yearly and yearly financial reports that include various profitability and sales analysis that would enable them to monitor, manage and improve the profitability of their businesses.

Benefits Of Outsourcing Accounting Services:

1. Flexibility: we can work remotely or on-site, as well as based on projects or for specific branches only
2. Cost Effective: there is no need for full-time bookkeeping staff as all your accounting requirements can be completed by us
3. On-time Delivery: we work using sophisticated accounting software, and even update accounts after office hours

All records are maintained using computerized accounting systems and they are also maintained according to applicable approved accounting standards. Our highly personalized accounting service relieves business owners the burden of their accounts department and its functions, and help businesses concentrate on their core activities as well as give them time to source for new business opportunities. We also enlarge the network of our clients by introducing them to bankers and other business associates which will be of value to our clients businesses.

Outsourcing Accounts Department

Owners of businesses that are growing often find themselves overworked and not having enough time to handle all the nitty-gritty aspects of running a business. One solution is to outsource. We specialized in providing highly customized solutions to businesses who wants to outsource their accounting department and all its functions.

As part of our responsibilities, we will first conduct a thorough need analysis of your business needs, paying great attention to the document and work flow and the information requirement of business owners and management so that we can arrive at a solution that is cost-effective, timely and relevant, thus giving your business quicker response time and a competitive advantage in the industry. Feel free to talk to us as we understand your problem about company secretarial services.

At Beyond Corporate Group, we work with a team of professionals on secretarial tasks. Our team members consist of experienced Company Secretaries, Chartered Accountants, Tax Consultants to cater to our clients’ secretarial needs. Rest assured that our expertise in accounting services will keep your business up-to-date with Malaysia’s latest accounting standards.

Frequently Asked Questions For Accounting Service

What is accounting outsourcing? Can financial and accounting services be outsourced? How important are outsourced accounting services?