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Why Do I call Him Master Photographer?
As a hobby photographer, understanding what makes top photographers’ work special is truly eye-opening. Take Evan Vucci’s iconic shot of Trump. While most people would have ducked for cover, Vucci captured a historic moment. His calm under pressure, perfect angle, and timing resulted in a masterpiece. To capture such moments, you need to understand the…
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Why KTP Keep Our Personal Tax Clients List Selective?
At KTP, we are very careful when choosing our personal tax clients. Let me explain why. Personal tax is quite simple and can be done easily online. Most people don’t need much help with it. Because of this, we don’t focus much on personal tax clients. Instead, we prefer to help the directors of our…
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My Mountaineering Journey: Challenges and Lessons from a Malaysian Perspective
Mountaineering has always been my passion. The thrill of scaling new heights, the breathtaking views from the summit, and the sense of accomplishment are experiences that words often fail to capture. My last mountaineering trip before the MCO was an unforgettable expedition to Chulu West 6418 meter in Nepal. However, this journey was not without…
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Why I Insist on Stock Takes: Lessons from a Near-Failure MIA Practice Review
I almost failed my practice review from MIA because of the attendance of physical inventory counting as per ISA 501 Audit Evidence – Additional Consideration for Specific Items. Here’s what happened on my first practice review in 2007. “For two of the engagements selected for review, no observation of inventory counts was performed at the…
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Tax Insight : Navigating the Complex Waters of Reinvestment Allowance (RA)
Recently, we at KTP had an enlightening interaction with one of our new transferred clients that perfectly illustrates the complexities of handling tax incentives like the Reinvestment Allowance (RA). The client expressed frustration, pointing out that our approach seemed far more cumbersome than their previous tax agent’s, remarking, “KTP ask too many questions, it’s all…
Koh Teck Peng Blog 