At Boon & Associates, we understand that reliable financial reporting is critical to maintaining stakeholder trust, securing funding, and staying compliant with regulatory requirements. Our Audit & Assurance services are tailored to provide clear, independent, and accurate financial insights that support informed decision-making and long-term success.
We conduct statutory audits in compliance with the Companies Act, 2016 and applicable financial reporting frameworks such as MFRS, MPERS, or PERS. Our audit approach ensures your financial statements are fairly presented and free from material misstatements, giving assurance to shareholders, lenders, regulators, and other stakeholders.
Our internal audit services evaluate the effectiveness of your internal controls, business processes, and risk exposure. By identifying operational weaknesses and recommending improvements, we help you strengthen governance, reduce risk, and ensure regulatory compliance.
Through structured risk assessments, we help you identify and evaluate key risks — financial, operational, and regulatory. Our team works with management to recommend effective risk mitigation strategies that protect business value and support strategic objectives.
Beyond statutory requirements, we offer independent assurance engagements that give confidence to stakeholders about the accuracy and reliability of your financial information — including reports required for external parties such as investors, lenders, or joint venture partners.
All our audits are performed in strict accordance with International Standards on Auditing (ISA) and guidelines set by the Malaysian Institute of Accountants (MIA). This ensures your audit engagement meets the highest standards of transparency, accountability, and credibility.
We conduct special-purpose audits as required by specific stakeholders or for particular business needs — such as grant audits, donor audits, or audits for internal investigations. These provide clarity on isolated financial concerns and ensure confidence in targeted financial areas.
We assist with issuing certifications or special reviews required for regulatory submissions, bank financing, government tenders, or shareholder reports. These engagements are handled with precision to meet the compliance and documentation standards of the relevant authorities.
Beyond statutory requirements, we offer independent assurance engagements that give confidence to stakeholders about the accuracy and reliability of your financial information — including reports required for external parties such as investors, lenders, or joint venture partners.
We assist in preparing or reviewing internal management reports to ensure data integrity and performance visibility. These reports support your executive decision-making and strategic planning by providing timely and accurate financial insights.
We offer tailored advisory services to prepare your business for upcoming audits, assist in resolving audit findings, or navigate evolving auditing standards. This proactive support helps streamline audit processes and reduce risk exposure.
We provide independent validation and reporting of financial and operational KPIs. This service enhances the credibility of your internal reports and supports performance-based evaluations, budgeting, or stakeholder communications
We also conduct non-statutory audits based on client-specific requirements — such as internal reporting, shareholder assurance, or pre investment reviews. These engagements are tailored to address unique concerns while maintaining audit rigor and objectivity.
At Boon & Associates, we understand that effective tax management is critical to your business’s financial health. Our Tax Advisory & Compliance services are designed to help businesses navigate Malaysia’s complex tax landscape with clarity, efficiency, and full compliance. Each service is carefully designed to ensure accuracy, minimise risks, and identify opportunities for tax efficiency.
We provide expert advice on tax matters affecting your business — including the implications of business decisions, transactions, or changes in legislation. Whether it’s structuring a deal or understanding a new regulation, our goal is to offer clear, practical guidance to support your financial decisions.
We help clients plan their tax obligations in advance while ensuring full compliance with current tax laws. This includes year-round guidance to reduce your overall tax burden and avoid surprises at year-end.
Beyond routine compliance, we offer long-term strategic planning tailored to your business structure, investment plans, and industry-specific tax issues.
We assist businesses in identifying and applying for available tax incentives such as reinvestment allowances, pioneer status, or industry-specific reliefs offered by Malaysian authorities.
Our team keeps you informed about newly introduced incentives and available deductions so you can take advantage of tax-saving opportunities as they arise.
We handle the end-to-end process of corporate tax return preparation and filing, ensuring all necessary documentation is accurate, submitted on time, and takes full advantage of applicable tax treatments.
Our team prepares accurate tax computations by applying all available deductions, allowances, and exemptions — helping reduce your tax liability wherever legally possible.
We support businesses during tax audits and investigations by reviewing your records, assisting with correspondence to tax authorities, and advising on the best approach to resolve any issues.
If you receive a tax assessment you believe is incorrect or unfair, we assist in evaluating the case, preparing objections, and representing you in appeals to ensure a fair resolution.
We act on your behalf when dealing with the Inland Revenue Board (LHDN) and other tax authorities — whether it involves clarification of issues, dispute resolution, or correspondence during audits.
We ensure full compliance with RPGT and CGT regulations in the disposal of real property or shares. Our services include accurate tax calculations, proper documentation, and the timely submission of all required forms to the relevant authorities.
We offer expert tax structuring advice for M&A and corporate restructuring exercises, ensuring all transactions are optimised from a tax perspective and compliant with relevant laws.
As part of strategic planning, we assist in registering trademarks — which can contribute to brand protection and may provide tax advantages through capital allowances or IP incentives.
We offer personal and business financial planning services that consider tax implications, helping you structure earnings, investments, and distributions for long-term financial efficiency.
At Boon & Associates, we provide end-to-end accounting, bookkeeping, and corporate support solutions — allowing you to focus on your core business while we manage the financial and compliance details. Our services are tailored for SMEs, ensuring accurate financial records, timely reporting, and full regulatory compliance.
We offer flexible, professional bookkeeping services — whether at your premises or remotely. Our team ensures all financial transactions are accurately recorded and categorised in accordance with accounting standards.
We prepare periodic management reports and statutory financial statements to help you track performance and meet compliance requirements. These reports provide insights into revenue, expenses, and profitability.
We provide tailored management accounting services such as cost analysis, variance reporting, and performance measurement to support strategic decision-making.
We support the preparation of supporting schedules, ledgers, trial balances, and other documents required for audits, financing, or internal controls.
We regularly reconcile bank accounts, vendor/supplier ledgers, and receivables to ensure your records are accurate and complete.
We offer ongoing or ad hoc financial advice to support your accounting structure, policy implementation, or regulatory requirements.
We manage monthly salary calculations, deductions, and payslip generation for all employees — on time, every time.
We assist new employers in registering with all statutory bodies including EPF, SOCSO, EIS, LHDN, and HRDF.
We handle the calculation and timely submission of monthly contributions to all regulatory bodies and ensure compliance with Malaysian employment laws.
We manage variable components like allowances, bonuses, commissions, and benefits in-kind as part of payroll.
We offer comprehensive administrative support services, including the preparation and formatting of official correspondence, processing of payments upon request, and assistance in coordinating company-related administrative matters.
We support HR in managing new joiners and resignations, ensuring clean documentation and final payroll handling (e.g. pro-rated salary, final claims, tax clearance).
At Boon & Associates, we understand the financial pressures and challenges businesses face during times of distress. Our Corporate Insolvency & Recovery services are designed to help companies navigate insolvency risk, restructure liabilities, and where possible, return to viability — or exit strategically with minimal disruption. We provide sound, professional guidance through every stage of the corporate distress lifecycle — from early-stage advice to full liquidation, ensuring that directors, creditors, and stakeholders are supported throughout the process.
We provide advisory services to directors and stakeholders when a business is facing insolvency or financial hardship, assessing the situation and advising on the most appropriate course of action.
We act as receivers or advisors in receivership appointments, managing the orderly winding down or sale of company assets to satisfy creditor claims.
We help businesses negotiate settlements or compromises with creditors, often as an alternative to formal insolvency proceedings.
This service provides temporary protection from legal action while an appointed administrator assesses the best path forward — restructure, sale, or wind-up.
We offer early intervention strategies before liquidation becomes necessary. This may include workouts, turnarounds, or interim special administration.
We guide solvent companies through voluntary wind-up procedures to distribute assets and formally close the business.
When a company is insolvent, we assist in the voluntary winding-up process with the consent of creditors, ensuring fair treatment and proper distribution of remaining assets.
In cases where a court orders liquidation (compulsory winding-up), we act as liquidators to administer the process, realise assets, and manage creditor distributions.
We assist companies in applying for judicial management to temporarily shield from legal actions while a court-appointed manager attempts to rehabilitate the business.
We help businesses propose formal arrangements with creditors to restructure debts while continuing to operate.
With a commitment to integrity and precision, we are your reliable partner in navigating the complexities of finance and taxation. Explore our range of services designed to empower your business for sustained success.
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