About us

Supporting Sustainable Business Growth Through Trusted Financial Oversight since 2004

Boon & Associates is a professional firm of Chartered Accountants registered with the Malaysian Institute of Accountants (MIA). Established in 2004 by our founding partner, Mr. Tan Tee Boon, the firm has built a solid reputation for delivering high-quality audit, taxation, accounting, and advisory services.

Mr. Tan, a Chartered Accountant registered with MIA since 1993 and a member of the Association of Chartered Certified Accountants (ACCA) since 1991, is also an approved auditor under the Ministry of Finance, Malaysia. He began his career in 1984 and brings over 30 years of professional experience across auditing, taxation, accounting, and corporate secretarial services. His core expertise lies in business development, audit and assurance, taxation,
and advisory for business owners.

Recognising the growing complexity in the accounting and auditing landscape—driven by evolving financial reporting standards, enhanced audit requirements, and corporate governance challenges—the firm underwent a strategic expansion in 2017. This involved a collaboration with Mr. Lam Wai Min and his team, bringing in additional technical capacity and over 40 years of experience in auditing, liquidation, and taxation. Despite the expansion, the firm retained the Boon & Associates brand name.

Today, Boon & Associates serves approximately 400 clients across a wide range of industries, including manufacturing, trading, property development, construction, professional services, etc. 

All audit engagements are conducted in accordance with the Approved Standards on Auditing in Malaysia and the International Standards on Auditing (ISA). Our objective is to obtain reasonable assurance that the financial statements we audit are free from material misstatement—whether due to fraud or error—and to issue an independent auditor’s report that reflects our professional opinion.

Our Mission & Objectives

We aspire to be a leading Malaysian professional firm in financial and investment services, delivering world-class capabilities to meet the evolving demands of global corporations. Through our commitment to professionalism, we aim to build a knowledge-driven financial community that embraces both economic and broader values.

To meet the challenges of a dynamic and globalised the highest business environment, we continuously adapt our processes, fostering creativity and innovation in our services. We focus on developing our people as skilled knowledge workers, nurturing a collaborative culture that drives individual and collective growth.

Our dedication to continuous improvement and teamwork ensures that Boon & Associates remains at the forefront of our profession, delivering excellence in all areas of our expertise.

Our Philosophy

At Boon & Associates, clients are our most valuable assets. Just as a trading firm safeguards its inventory, we protect our clients’ interests by consistently delivering high-quality services and responsive support.

We believe our success is closely linked to the success, profitability, and growth of our clients. That’s why we prioritize building strong, collaborative relationships to better understand their needs and identify opportunities for mutual benefit.

Our Values

At Boon & Associates, we recognise the diversity of backgrounds and perspectives within our multiracial society, which shape unique individual values. To provide consistent and exceptional service to our clients, we uphold a set of core values that guide everything we do:

Meet Our Team

Lam Wai Min

Principal Partner

Mr Lam Wai Min is the Principal Partner at Boon & Associates, bringing over 20 years of experience in audit, assurance, and financial advisory services. Since joining the firm, he has played a key role in strengthening its professional standards and expanding its client base across diverse industries in Malaysia.

A Chartered Accountant registered with the Malaysian Institute of Accountants (MIA), Mr Lam has deep expertise in statutory audits, financial reporting, and compliance with Malaysian financial regulations. His professional approach, attention to detail, and commitment to client service make him a trusted advisor to businesses ranging from SMEs to larger private entities.

Mr Lam continues to lead audit engagements with a focus on quality, integrity, and value-added insights for clients navigating today’s dynamic business environment.

Lam Shao Qi

Partner

Mr. Lam Shao Qi is a Partner at Boon & Associates with over a decade of professional experience in statutory audits and financial reporting. He has managed a diverse portfolio of clients across various industries, demonstrating technical proficiency and a commitment to high professional standards.

A Chartered Accountant registered with the Malaysian Institute of Accountants (MIA) and a Fellow Member of the Association of Chartered Certified Accountants (ACCA), United Kingdom, Mr. Lam Shao Qi brings a global perspective to his work while ensuring full compliance with local regulatory requirements.

As part of the firm’s next generation of leadership, he is actively involved in driving quality, efficiency, and value across client engagements—continuing the firm’s tradition of excellence while embracing innovation in an evolving business environment.

Tailored Solutions for Your Business

Discover the Boon & Associates difference through our comprehensive suite of services. From meticulous bookkeeping and strategic tax planning to insightful financial consulting, we offer solutions crafted to meet the unique needs of your business. Our commitment is to contribute to your financial stability and growth, allowing you to focus on what you do best.

In-Depth Business Understanding and Partnership

We invest time in understanding the unique needs and challenges of your business. Our Accounting, Bookkeeping & Corporate Support Services maintain accurate records and ensure compliant operations, giving you the confidence to focus on your core activities. Through close collaboration, we build partnerships grounded in trust and tailored solutions that align with your objectives.

Innovative Approaches Aligned with Compliance

Navigating an ever-evolving regulatory landscape requires both innovation and diligence. Boon & Associates embraces the latest industry trends and technological advancements to provide forward-thinking solutions, particularly in complex areas such as Corporate Insolvency & Recovery, where we offer comprehensive exit strategies designed to safeguard your interests and maximise value.

Guiding Your Financial Success

Whether you are a startup, expanding enterprise, or established company, Boon & Associates is committed to being your trusted advisor throughout your financial journey. Our integrated suite of services and experienced team ensure that your business remains compliant, resilient, and well-positioned for continued success.