Grant Thornton Malaysia

We came together yesterday to celebrate Mr Hooi Kok Mun, our National Audit Practice Leader's birthday 🎉🎂🥳

Mr Hooi, we wish you good health, happiness, and many more joyful years ahead! We are deeply grateful for your leadership and guidance, and for the inspiration you bring to us each day 😄

We were delighted to welcome students from TARUMT Setapak to Grant Thornton Malaysia for their corporate visit!

During their time with us, they explored our workplace environment, learned more about our core values, and connected with our team through interactive activities and networking sessions.

Thank you for spending the day with us 😄 We hope the experience gave you valuable insights as you move forward in your professional journey. 🤝

Congratulations Empire Premium Food Berhad on your successful listing on the Main Market of Bursa Malaysia! We are proud to have witnessed and been part of your inspiring listing journey. Here’s to continued growth and even greater milestones ahead 👏

MFRS 15 introduces the five-step model for revenue recognition which applies specifically to contracts with customers. Given this limitation in scope, the first step of the model is to identify contracts with customers.

This article focuses on this step, and explains how to identify a contract with a customer as well as what constitutes a contract within the scope of the Standard.

Meet Hong Kee Haw, our Senior Manager of Audit & Assurance who champions collaboration, one of Grant Thornton’s CARE values. He believes that great things happen when teams collaborate, unlocking greater success as teams come together locally and across borders 💪

This week is all about Hari Raya open house vibes across our offices ✨

Our KL, Penang, Johor Bahru and Kuantan offices were filled with kemeriahan, laughter, and of course..plenty of delicious Raya treats 😋From traditional games, lively performances to duit Raya, it was a celebration full of joy, togetherness, and suasana Raya!

Selamat Hari Raya Aidilfitri, maaf zahir dan batin 🌙

As regulations tighten and business risks evolve, companies should no longer view audit and compliance purely as administrative costs, but rather reassess their strategic value from the perspectives of risk management and corporate governance.

Mr Hooi KokMun, our National Practice Leader recently shared his thoughts on audit and compliance costs, risk of weak internal controls, and strategies to help manage costs in a written interview with Nanyang Siang Pau.

Read the full article:

致同:合规成本短痛长利 削减审计开销恐因小失大 | e南洋 面对不断增加的合规要求，部分企业可能倾向于通过削减审计或合规预算来控制开支，但业界专家提醒，这种做法反而可能增加长期经营风险。...

Malaysia is entering a new phase in corporate sustainability reporting with the adoption of the International Sustainability Standards Board (ISSB) standard through the National Sustainability Reporting Framework (NSRF). This adoption marks a shift from double materiality to single materiality, aligning the country’s reporting landscape with global investor expectations and strengthening its position as a competitive capital market in Southeast Asia.

Take a look at our publication to understand how Malaysia’s adoption of ISSB standards under the NSRF is shifting sustainability reporting from double to single materiality and enhancing disclosures.

Making the Shift from Double to Single Materiality Learn how Malaysia’s adoption of ISSB standards under the NSRF is transforming sustainability reporting, materiality assessments and corporate disclosures.

Wishing all our Christian colleagues and friends a blessed Resurrection Sunday. May this day be a meaningful time of hope, reflection and renewal.

Wishing all our Christian colleagues and friends a peaceful and blessed Good Friday.

April is here 📆Have you filed your personal income tax return yet?

Before you hit submit, check out our infographic to see the personal tax reliefs available for YA 2025. Make sure you’re not missing out on any eligible claims 😉