For all of you do-it-yourself people, Cloud Accounting Solution is the way to go! It is by far the easiest and most efficient way to handle your accounting. Let us help you get started to become familiar with the program that we recommend! We can give you hands-on training on-site in your office OR off-site.
Scope of works included:-
- Initial installation and complete set up and customisation of your Accounts
- Establishing the most efficient accounting and month end procedures to suit your business
- Sales and Purchases maintenance and set up
- Processing Payroll and preparing payroll year end
- Preparing and closing financial year end
- Inventory set up and reconciliation
- Importing/exporting data
- Customising Invoices and Forms
- Contact Management
- SST reconciliation and returns
- Upgrading your existing data
- On-site training from beginners to advanced level tailored to your needs
In a couple of hours, you will be on your way to using cloud Accounting solution to save you time and money on your annual bookkeeping. Whenever you need extra help or have questions, we are only a call away to help fix things for you!
Modern business demands up to date accurate financial information. For this, you may have to spend a considerable amount of time and effort writing up books and preparing accounts – resulting in a diversion of valuable time and attention from other business matters.
We can help to relieve your enormous burden by taking care of your bookkeeping and accounting needs, including the preparation of your periodic payroll and management accounts. We can provide you with up-to-date information enabling a sound decision be made on the day to day management and cash flow, thus ensuring greater efficiency and increased profitability.
Engaging our services will enable you to constantly comply with your statutory obligations (EPF, SOCSO, EIS, HRDF, SST etc.), plus ensure that your periodic auditing is smoothly carried out. If your business already has full time accounting staff, it is still to your benefit to use a chartered accountant expertise to oversee and advise on accounting methods and activities.
The regulation of real estate agents and real estate negotiators in Malaysia is under the Section 22C of The Board of Valuers, Appraisers, Estate Agents and Property Managers Act, 1981.
Real estate agencies are also designated as reporting institutions under the Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) Act and the Targeted Financial Sanctions for Designated Non-Financial Businesses and Non-Bank Financial Institutions (TFS for DNFBPs and NBFIs).
Increasing complex nature of the industry, with its diverse income streams and regulatory requirements, particularly regarding formal client/trust account records, makes this even more crucial.
Hiring a qualified accountant is not just a legal requirement for real estate agencies, but a strategic investment in securing compliance, minimizing risks, maximizing profits, and ultimately fostering accurate and readily available financial data. This, in turn, facilitates year-end audits and the issuing of renewal certificates under Rule 59 of the said Act.
The audit of solicitors' accounts normally has a two-fold purpose, namely –
(a) Accountant's Report
An examination in compliance with the reporting requirements of the provisions of the Solicitors’ Account Rules, 1990 (SAR), the Solicitors’ Accounts (Deposit Interest)
Rules, 1990 (SADIR) and the Accountant’s Report Rules, 1990 (ARR).
(b) Annual accounts
The preparation and/or examination of the firm's annual accounts for the purpose of reporting to the partners of the practice does not cover under the Rule as set out in (a) The examination in respect of (a) and (b) above would normally be carried out at the same time, there is an important distinction between the two: the examination to be carried out in respect of (a) is statutorily defined and does not permit the reporting accountant any discretion whereas the nature of the examination to be carried out in respect of (b) is a matter for agreement between the firm and the auditor and should be set out in the engagement letter. Solicitors handle large sums of client's money in the course of their work (conveyancing, administration of estates etc) or whilst acting as stakeholders or agents in receiving, holding or paying out sums for their clients or third parties. It is therefore imperative that client's money is deposited in accordance with Rule 3 of SRR. It is a statutory requirements under ARR, 1990 to engage an independent oversight of solicitors' compliance with SAR and SADIR.
