Audit Exemption: A Relief Option for Malaysian Businesses
Regulatory compliance can be both time-consuming and costly for businesses, especially small and medium-sized enterprises (SMEs). To alleviate these burdens, the Companies Commission of Malaysia (SSM) has revised the audit exemption framework under Practice Directive 10/2024, effective 1 January 2025. This update significantly expands eligibility, allowing more private companies to benefit from reduced compliance costs […]