KTP & Company PLT

Last Friday, our normally quiet audit and tax office in Johor Bahru felt different.

No tax files.
No audit checklists.
Just one whiteboard, AI tools and revisit to Co-Star prompting, and a room full of curious faces — including our receptionist.

Why did I run this AI session?

Because I believe the future of work is knocking on our door, and we must be ready to open it.

Some looked skeptical.
“AI for accountants, really?”
“Will I be replaced?”

Fair questions. So I started with this:

According to McKinsey,
78% of companies are using AI — but only 17% are seeing real results.

Why the gap?

Because many companies treat AI as a tool, not a transformation.

Here’s what usually goes wrong:
• AI isn’t built into the workflow.
Most teams use AI as an add-on, not as part of how work gets done. Like buying a robot helper but never letting it work.

• Staff aren’t AI-ready.
A tool is only as powerful as the person using it.

So we did more than just talk. I tried. Hands-on.

Here’s what we explored last Friday in one hour sharing :

  1. Google Notebook LLM
    Like an intelligent research assistant. We fed it a tax circular — it summarised key points in seconds. Our junior auditor was amazed.
  2. Google AI Studio
    A beginner-friendly tool to test and build simple AI models. We played with it to understand how things work behind the scenes.
  3. OpenAI Academy
    A free learning platform from the team behind ChatGPT. Perfect for anyone to explore AI, anytime, at their own pace.

The vibe? Full of “Aha!” moments.

I also told the team why I personally led this.

I’m not from IT. I’m a tax agent. An auditor.
But I believe every leader must now embrace AI — not to replace people, but to empower them.

By standing in front of that whiteboard, I wanted to show one thing :

AI is not optional. It’s part of our strategy. And we’re all in — together.

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I’m Koh Teck Peng

Welcome to my blog, I’m the founder and principal of KTP & Company PLT. My journey in the accounting profession has been driven by a passion for numbers and a dedication to helping businesses succeed. With over 25 years of experience, I’ve had the privilege of working with a wide range of clients, from small startups to large corporations, providing them with the financial insight and strategic guidance they need to thrive.

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