Talking about the top 10 audit firms in Malaysia 2023, we have created the most authentic and unbiased list of accountants and auditing service providers. Each audit firm offers a variety of services, including tax, accounting, auditing, consulting, and financial advisory to the businesses.
Usually, all the companies offer identical accounting services with some differences in structure and pricing. And this is so confusing when it comes to selection.
So if you are confused and want to compare the best accounting firms in Malaysia, here is our list of the best top 10 audit firms in Malaysia 2023 that will definitely help you out. The best thing, we have included all the most important details that you are always curious to know about these top firms. (Names not listed in ranking order)
2. Deloitte
3. KPMG
4. PricewaterhouseCoopers (PwC)
6. BDO
7. RSM
9. Mazars
10. UHY
1. EY(Ernst & Young)
Overview
EY stands for Ernst & Young, the name of its founders. Headquartered in London, UK, EY is a renowned audit and accounting firm in Malaysia. The reason for its popularity is the fact that it has grabbed most of the companies listed in Malaysia. Therefore, a huge customer bank is a possible reason this audit firm is considered a reliable option.
This particular firm is growing at a fast pace as it provides all the essential accounting services to businesses in Malaysia. Most companies like to avail the services of this firm due to their experienced and qualified auditors/accountants.
What are the Major Services of EY?
The most prominent professional services of EY are:
- Assurance services
- Financial advisory
- Consulting
- Digital strategy
- Legal services
- Tax advisory
Who is the Founder of Ernst and Ernst (EY)?
American Alwin Ernst and Scotsman Arthur Young founded their separate companies in 1903 and 1906, respectively. These organizations merged as EY (Ernst & Young) in 1989 in London, UK.
When was Ernst and Ernst (EY) Founded?
EY Malaysia was established in 1909 as the nation’s first internationally linked public accounting company. EY Malaysia is headquartered in Kuala Lumpur, with offices in each state.
Who are EY’s largest clients?
Some most famous and biggest clients of EY are Hewlett Packard, Verizon, State Street, AT&T, Coca-Cola, General Motors, 21st Century Fox, Intel Corp, Walmart, Apple, European Partners, Alphabet Inc., Delphi Automotive, Eli Lilly, Amazon, Facebook, Stanley Black & Decker, Abbot Labs, News Corp, AES Corporation, Phillips 66, AECOM Technology Corp, McDonald’s, HCA, Inc., Anthem, and more.
How many Employees work for EY Malaysia?
Until 2022, approximately 3,900 people were working for EY Malaysia in 15 locations across Malaysia.
How many Employees work for EY Globally?
Until 2022, approximately 365,000 employees were working for EY throughout the world.
What is the Global Revenue of EY 2022?
As far as the total global revenue is concerned, EY has crossed USD 45 billion by 2022.
2. Deloitte
Overview
Deloitte Touche Tohmatsu Limited (commonly known as Deloitte) is one of the oldest accounting firms active on this planet. With a stellar reputation, collaboration, exceptional working environment, highly experienced staff, and excellent quality professional services, Deloitte is arguably considered the best audit firm. This is why it comes up at No. 2 in our list of top 10 audit firms in Malaysia in 2023.
What are the Major Services of Deloitte?
The most prominent professional services of Deloitte are:
- Financial advisory
- Audit
- Tax
- Enterprise risk services
- Management consulting
- Risk advisory
- Legal services
- Other financial services
When was Deloitte Founded?
Deloitte was founded in 1845 in London, UK.
Who is the Founder of Deloitte?
William Welch Deloitte is the founder of Deloitte. William was a British accountant and the founder of the professional services firms that afterward became both PricewaterhouseCoopers and Deloitte Touche Tohmatsu. William Welch Deloitte is considered one of the fathers of the accountancy profession.
When was Deloitte Malaysia Founded?
Deloitte Malaysia was established in 1968 with the founding of KassimChan & Co. Deloitte Malaysia is headquartered in Kuala Lumpur with eight national offices.
Who are Deloitte’s Largest Clients?
Some most famous and biggest clients of Deloitte are Metlife, Microsoft, Berkshire Hathaway, The Blackstone Group, Federal National Mortgage Association, Procter & Gamble, Apollo Global Management, and more.
How many Employees work for Deloitte Malaysia?
Until 2022, approximately 2400 people were working for Deloitte Malaysia.
How many Employees does Deloitte have in the World?
As of 2022, over 415,000 employees were working for Deloitte worldwide.
What is the Global Revenue of Deloitte 2022?
The total global revenue of Deloitte reached over USD 59 billion in 2022.
3. KPMG
Overview
KPMG is also considered to be one of the oldest and biggest audit firms in Malaysia, founded back in 1928. KPMG is not only the oldest firm in Malaysia, but it is also one of the oldest professional accountants in the Asia Pacific. The branch serving in Malaysia is KPMG DesaMegat & Co. This firm offers its services as an experienced and reliable accountant in Malaysia.
What are the Major Services of KPMG?
The KPMG offers the following services:
- Audit
- Actuarial
- Tax
- Accounting
- Consulting services
- Advisory services
- Other financial services
Where KPMG is Located?
The global headquarter of KPMG is located in Amstelveen, Netherlands.
When was KPMG founded, and Who is the Founder of KPMG?
Piet Klijnveld, William Barclay Peat, James Marwick, and Dr. Reinhardt Goerdeler are considered the founders of KPMG, who established the company in 1987.
Where KPMG Malaysia is Located?
KPMG Malaysia is located in Petaling Jaya, Selangor, with eight offices nationwide. KPMG Malaysia is one of the best audit firms operating in this region.
Who are KPMG’s Largest Clients?
Some most famous and biggest clients of KPMG are Accenture, Halliburton, Citigroup, General Electric, Deutsche Bank, Wells Fargo, Valero Energy, Visa, Pepsico, ING Group, Hershey, Omnicom Group, The Bank of New York, General Dynamics, Diebold Inc., Unisys Corporations, Western Digital Corp, Bio-Rad Labs and more.
How many Employees work for KPMG Malaysia?
Until 2022, approximately 2300 people were working for KPMG Malaysia.
How many Employees work for KPMG Globally?
As of 2022, almost 265,000 employees were working for KPMG globally.
What is the Global Revenue of KPMG 2022?
The total global revenue of KPMG has crossed USD 34 billion by 2022.
4. PricewaterhouseCoopers (PwC)
Overview
PwC stands 4th in our list of top 10 accounting firms in Malaysia 2023. PricewaterhouseCoopers, or PwC, is one of the world’s biggest accountancy and audit firms. It is actually the integration of big accounting companies Price, Waterhouse, Coopers, and Lybrand.
The firm offers its services in more than 771 cities in 158 countries. Malaysian business entities can also hire the services of this leading accountant firm. This firm’s qualified auditors and accountants are committed to delivering top-notch audit and accountancy services.
What are the Major Services of PwC?
The most prominent professional services of PwC are:
- Audit and assurance
- Tax
- Consulting
- Strategy Consulting
- Data & Analytics
- Management Consulting
- Advisory
- Actuarial
- Legal Services
Who is the Founder of PwC?
PwC (PricewaterhouseCoopers) was founded in 1998. Samuel Lowell Price, Edwin Waterhouse, and William Cooper are considered to be the co-founder of this great firm.
Where PwC is Located?
The main headquarter of PwC is located in London, UK.
Where PwC Malaysia is Located?
PwC Malaysia is headquartered in Kuala Lumpur with offices in various states.
Who are PwC’s Largest Clients?
Some most prominent clients of PwC are Bank of America, American International Group, Chase, Prudential Financial, IBM, United Technologies, Ford Motor Co, Johnson & Johnson, Caterpillar, Dell, CIT Group, Interpublic Group, Johnson Controls, Freddie Mac, American Express, Cisco Systems, PNC Financial Services Group, Xerox, Walt Disney, Mondelez International, XL Capital, 3M Co., Acronic Inc., Laureate Education, Inc., L3 Technologies, Hertz Global, and more.
How many Employees work for PwC Malaysia?
Until 2022, approximately 3000 people were working for PwC across seven cities in Malaysia.
How many Employees work for PwC Globally?
Until 2022, around 328,000 employees were working for PwC.
What is the Global Revenue of PwC 2022?
When it comes to the total revenue of PwC, it crossed USD 50 billion mark in the year 2022.
5. Baker Tilly Monteiro Heng
Overview
It’s another leading name among the most trusted accounting firms in Malaysia. This firm is an independently managed business advisory and accountancy firm. You can be sure of exceptional service by hiring Baker Tilly Monteiro Heng.
The firm serves more than 69 listed companies in Malaysia. Apart from this, the partnership of this audit firm with Ferrier Hodgson has made it a reliable option to choose from. It is capable of offering extensive advisory and accounting services to its clients.
What are the Major Services of Baker Tilly?
Following is the list of professional services Baker Tilly provides:
- Auditing
- Accounting
- Management consulting
- Tax consulting and compliance
- Forensic accounting
- Valuation services
- Corporate advisory services
When was Baker Tilly Founded, and Who is the Founder of Baker Tilly?
Baker Tilly Monteiro Heng was founded back in 1931 by John Henry Tilly.
Where Baker Tilly is Located?
The global headquarters of Baker Tilly is located in London, UK.
Where Baker Tilly Malaysia is Located?
Baker Tilly Malaysia is headquartered in Kuala Lumpur with eight offices across the country.
When was Baker Tilly Malaysia Founded?
Baker Tilly Malaysia was founded in 1978.
How many Employees work for Baker Tilly?
Over 38,000 employees were working for Baker Tilly till 2022.
How many Employees work for Baker Tilly Malaysia?
Until 2022, around 800 professionals were working for Baker Tilly Malaysia.
What is the Global Revenue of Baker Tilly 2022?
The total revenue of Baker Tilly has crossed USD 4.3 billion in 2022.
6. BDO
Overview
BDO International is also one of the largest audit and accountancy networks, headquartered in Zaventem, Belgium. BDO stands for Binder Dijker & Otte Co, serving more than 162 countries across the globe.
What are the Major Services of BDO Malaysia?
The most prominent professional services of BDO Malaysia are:
- Audit
- Tax
- Advisory services
- Assurance services
- Business services and outsourcing
When was BDO Founded, and Who is BDO’s Founder?
BDO was founded way back in 1964 by the collaboration of Hans-Heinrich Otte, Hans Otte, and Bernhard Binder.
Where is BDO Malaysia located, and When did BDO Malaysia Start Working?
Headquartered in Kuala Lumpur, BDO Malaysia also started working in 1964. BDO Malaysia offers quality services like any other entity associated with this group. It owns a team of qualified and experienced employees.
Who are the Major Clients of BDO?
Some most prominent clients of BDO are FaceBook, Apple, Intercontinental, Diners Club, Lone Star, Fidelity, Michelin, Tyson Krupp, SAS, and more.
How many Employees work for BDO Malaysia?
Until 2022, approx. 1000 professionals were working for BDO Malaysia.
How many Employees work for BDO Globally?
As of 2022, more than 97,000 employees were working for BDO.
What is the Global Revenue of BDO 2022?
The total global revenue of BDO has crossed over USD 13 billion in 2022.
7. RSM
Overview
RSM is a member firm of RSM International and is the sixth-biggest network of independent audit, tax and consultancy firms operating in more than 120 nations and 800 offices.
Where RSM is Located?
RSM global Headquarters is located in London, UK.
When was RSM Founded, and Who is RSM Founder?
This company was founded way back in 1964 by Jean Stephens.
When was RSM Malaysia Founded, and What Services they Offer?
RSM Malaysia, built in 1978, has now become one of the leading services providers of audit, accounting, tax, and assurance to companies in Malaysia. Their affiliates also offer numerous business solutions and consulting services such as corporate finance, business restructuring, outsourcing, tax, risk assurance service, general management consultancy, etc.
How many Employees work for RSM?
Until 2022, 51,000+ combined staff were working for RSM worldwide, including Malaysia.
What is the Global Revenue of RSM 2022?
The total global revenue of RSM has crossed over USD 8 billion in 2022.
8. Crowe Horwath
Overview
Crowe Horwath stands 8th in our list of top 10 audit firms in Malaysia 2023. Headquartered in NYC, United States, Crowe has more than 99 companies on its customer list. Besides, it is the eighth-largest accounting firm in the US and has also been offering its services in Malaysia since 1983.
The firm is renowned for providing impeccable service and consistent quality when offering accounting or auditing services to its clients.
What are the Major Services of Crowe?
The most prominent professional services of Crowe are:
- Audit
- Tax
- Advisory services
- performance services
- Risk management
When was Crowe Founded?
Crowe was founded way back in 1942.
Who is the Founder of Crowe Firm?
Edmund Horwath and Fred P. Crowe Sr. Ernest participated their part in the formation of Crowe.
How many Employees work for Crowe Malaysia?
Until 2022, 1300+ professionals were working for Crowe Malaysia.
How many Employees work for Crowe?
Until 2022, over 42,000+ employees are working for Crowe throughout the globe.
Where Crowe Malaysia is Located?
Crowe Malaysia is located in Kuala Lumpur with 14 offices across the country.
What is the Global Revenue of Crowe 2022?
The total global revenue of Crowe has crossed USD 4.6 billion in 2022.
9. Mazars
Overview
Headquartered in Paris, France, Mazars is a renowned and trusted name among Malaysia’s topmost advisory and accounting firms. The firm offers a range of services, including business advisory, auditing, and taxation, in a highly professional and efficient manner.
The company was founded back in 1945 by Rouen. And now, it is a leading name in the audit and accounting field. With over 40,000 accounting professionals, covering 90+ countries, and comprehensive accounting and auditing solutions, it is one of the best accountants worldwide.
What are the Major Services of Mazars?
When it comes to efficiency, the team of qualified accountants and auditors is well-versed in dealing with all the matters associated with audits and accounts. Here is the list of services Mazars offers:
- Audit and assurance
- Accounting
- Outsourcing
- Financial advisory
- Consulting
- Tax
Their Malaysian group is also offering a range of accounting services.
When was Mazars Malaysia Founded?
Mazars Malaysia was founded in 1986 with the coordination of Hew & Co and Tan Toh Hua & Partner.
Where Mazars is Located in Malaysia?
The headquarters of Mazars is located in Kuala Lumpur, Malaysia.
How many Employees work for Mazars Malaysia?
Hundreds of employees work for Mazars Malaysia group.
How many Employees work for Mazars?
Until 2022, over 47,000+ employees are working for Mazars throughout the globe.
10. UHY
Overview
Established in 1986 and based in London, UK, UHY is a leading network of independent accounting and consulting firms with offices in more than 340 major business centers across 100 countries. They offer their corporate services and private clients’ services separately.
What are the Major Services of UHY?
Here is the major list of corporate services they offer:
Audit & assurance
Business advisory & accounting
Corporate finance
Corporate governance & risk management
Corporate tax
Legal services
Management consulting & solutions
The popularity and revenue of UHY are increasing tremendously, and the reason behind this is the high quality and innovative, customized solutions that they offer to medium to large-sized businesses. Not only this, they provide their services to a range of industries.
Here is all about the top 10 audit firms in Malaysia in 2023. We tried hard to compile the list with accurate and most important details. There is no surprise to see all the biggest and most reputed accounting companies are ranking in Malaysia as well. However, suppose you are a small or medium-sized private company searching for affordable accounting and auditing services. In that case, you can consider other fast-growing accounting and audit firms like YH Tan & Associates PLT.
YH Tan & Associates PLT is a leading firm in Malaysia, especially when it comes to audit, with almost 30 years of experience in the field. This firm is determined to offer a variety of professional accounting, audit, and advisory services to businesses, especially startups operating in Malaysia.
The headquarters of YH Tan & Associates is located in Kuala Lumpur, Malaysia. There are hundreds of employees already working for this developing local firm. Most team members have in-depth experience dealing with local accounting, audit, and taxation services in Malaysia. The firm boasts its high-spirited values and unshakable commitment to reaching its goal.
The most prominent services of YH Tan & Associates are related to audit and assurance, accounting, taxation, corporate advisory, and consulting, etc.
Contact YH Tan & Associates today for more details regarding our accounting and audit services, which are available at affordable rates.