Cambodia
Audit Exemption Malaysia: New Qualifying Criteria
The Companies Commission of Malaysia (SSM) has introduced an audit exemption to reduce costs for small companies, with new rules on turnover, assets, and employees phased in over three years. Certain companies, such as public company subsidiaries, remain ineligible. While the exemption offers benefits, companies should assess its impact on governance and transparency, as explained by the Ecovis experts from ECOVIS Malaysia.