How to choose an audit firm in Malaysia (2026)
Choose an MIA-registered firm with an AF number, a named engagement partner who is an approved company auditor, and experience in your industry. Statutory audits for small Sdn Bhds typically cost RM3,000 to RM15,000 a year, rising with size and complexity. The check that matters most: ask for the AF number and the engagement partnerโs name, and confirm their timeline meets your filing deadlines.
Last updated 31 October 2026 ยท See the Top 10 audit firms in Malaysia โ
Typical costs in Malaysia (2026)
| Item | Typical range / basis |
|---|---|
| Small dormant / simple company | RM2k โ RM5k per year |
| Small trading / services Sdn Bhd | RM4k โ RM15k per year |
| Mid-sized company | RM15k โ RM60k per year |
| Group / complex audit | RM60k+ per year |
Editorial estimates from published rate cards and quotes. Always get written quotes.
Licence or registration to check
Statutory audits must be signed by an approved company auditor under the Companies Act 2016, practising through an MIA-registered firm. Auditors of public-interest entities must also be registered with the Audit Oversight Board (Securities Commission). SSM allows audit exemption for some private companies that meet set criteria; check the current SSM practice directive.
Checklist before you hire
- MIA firm registration (AF number)
- Engagement partner is an approved company auditor
- Industry experience
- Audit timeline that meets SSM and LHDN deadlines
- Engagement letter with fees and scope
Questions to ask
- What is your AF number?
- Who is the engagement partner?
- What do you need from us, and by when?
- What could increase the fee?
Red flags
- Unable to give an AF number
- Signing without fieldwork
- Fee far below the market
Top-ranked audit firms right now
- CCS & Co PLT โ Kuala Lumpur, score 37/100
- BDO Malaysia โ Kuala Lumpur, score 35/100
- KS Lau & Co โ George Town, score 34/100
FAQ
Does every Sdn Bhd need an audit?
Most do, but some small or dormant companies may qualify for SSM audit exemption.
When must audited accounts be ready?
Financial statements must be circulated within six months of the financial year end for private companies.
Can I change auditors?
Yes, following the Companies Act procedures for appointing and removing auditors.
Related guides
๐ Accounting & bookkeeping ๐งฎ Tax agents & tax advisory ๐ธ Payroll outsourcing ๐๏ธ Company secretary ๐ข Company incorporation (Sdn Bhd setup) ๐น Corporate finance & valuation