Business Advisory Services in Malaysia
Running a business is never an easy task. You have put in efforts to make your business successful and now you are thinking about what comes next. We all know that it’s important to have trusted advisors to help along the way. 3E Accounting Malaysia is ready to guide you at every stage of the process where we work with you to build a comprehensive plan focused on your specific needs. Our experienced professionals have both the knowledge and objectivity to navigate the important issues related to a business. 3E Accounting Malaysia offers a wide range of specialized advisory services and we can assist you in developing and implementing an effective plan.
- Financial Due Diligence
- IFRS Reporting
- Valuation Services
- Forensic Accounting Services
- Business for Sale in Malaysia
Budget is a simple plan with noble purpose as it shows what source of income we expect and how we expect to spend it. In other words, budgeting is a way of steering our money and staying in control. As such, we can say that a good budget is one of the essential elements in a business for getting the most out of a company’s money, keeping track and getting ahead. Our advisory service will help you to draft a budget for your business is that it will help you figure out how much money you have, how much you need to spend, and how much you need to bring in to meet business goals.
Financial Due Diligence
It’s a common norm that when a company is up for sale, or selling off one of its parts, the company needs to show an in-depth report on its financial health to potential buyers. This is called financial due diligence. Aimed to address the concerns and issues that might be relevant to the potential buyer, financial due diligence determines the whether or not company accounts are consistent and it evaluates the real situation of assets, liabilities and tax risks, of the particular company. 3E Accounting Malaysia provides the best solutions to assist you in successfully completing your divestments.
IFRS Reporting Services
IFRS aims to provide a global framework for how public companies prepare and disclose their financial statements. Also, it provides global standards for how companies prepare financial statements, rather than setting rules for industry-specific reporting. However, converting to IFRS is a huge undertaking in many ways. That’s why having an advisor like 3E Accounting Malaysia on your side is critical. We don’t provide you with one-size-fit-all package and technical answers. We take the time to get to know your business and work out the best solution that suits your business need.
The value of a company’s business enterprise is an essential information for management. For public companies, an accurate business valuation is necessary because it depicts the value of all claims on, and ownership interests in, an operating entity, including interest-bearing debt, preferred equity, and common equity. Also, it equals to the value of the entity’s assets, including working capital, real property, machinery and equipment, and intangible assets and goodwill. There are three principal, methods for determining the business enterprise valuation of a company, which is the income, market, and cost approaches.
Forensic Accounting Services
Economic conditions are getting tougher as we move forward, and Malaysia is leading the way as the demand for more forensic accounting services continues to grow amidst tough economies and corporate governance. Why the demand exists is because companies are now being more closely scrutinized, and in an attempt to keep fraud at bay, growing efforts are needed to detect and prevent it in addition to taking legal action against those guilty of the charges. A forensic accountant is different from the average accountant because they skills that they need involve being something of a detective, investigator, examiner and even an expert witness all rolled into one.
Business for Sale in Malaysia
For the entrepreneur who wants to own their own business but is stuck for ideas, a business for sale in Malaysia might just be how you get your start.