KTP & Company PLT

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  • Essential Traits in the Top Service Professional (tips for for my seniors, assistant managers, and managers).

    The service industry demands unique skill sets and traits to navigate its challenges. ➡ Handling rejection: Rejection is common, but resilience turns these instances into learning experiences. ➡Delivering results: Efficiency and timeliness are paramount. Meeting or exceeding client expectations ensures satisfaction and repeat business. ➡Problem-solving: Inevitable hiccups require quick, innovative solutions to ensure smooth service…

  • ➡ Malaysia’s New Transfer Pricing Rules 2023: Key Highlights

    The Income Tax (Transfer Pricing) Rules 2023 (“TP Rules 2023”) have been gazetted on 29 May 2023 and will take effect from the year of assessment (“YA”) 2023 and subsequent YAs. TP Rules 2023 replaces the Income Tax (Transfer Pricing) Rules 2012 (“TP Rules 2012”). ➡ Introduction and ApplicabilityEffective from the year of assessment (YA) 2023…

  • Avoiding Pitfalls: Top Mistakes in Financial Statements

    Financial statements are crucial reflections of a company’s financial health. Ensuring their accuracy is essential for several reasons: 1. Professional ImageMistakes, even minor ones, can tarnish a company’s reputation, raising doubts about our auditor’s competence. 2. ProfessionalismBeyond mere numbers, financial statements represent a company’s commitment to high standards. Errors can cast shadows on the firm’s…

  • Confession of a seasoned #golfer (13 阿姨 or 13 阿哥)

    1. I’ve been #golfing for over 20 years.2. Started out at a handicap of 16. Now? I’ve “shaved” it down to 15. Say what? Improvement!3. To my kaki #golf (golf buddies)? Handicap 13, better don’t play-play! It can be 13 阿姨 or 13 阿哥4. My 3-wood shot? longer than most people’s driver shots!5. I’ve got…

  • Transition to E-Invoicing Challenges and Strategies

    The journey to full e-invoicing implementation can be fraught with challenges. Here are some of the most common challenges and considerations when implementing e-invoicing: ☑Integration with Existing SystemsMany companies use legacy systems for their accounting and invoicing needs. Integrating new e-invoicing solutions with these systems can be complex and require significant IT resources. ☑Adherence to…

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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