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Continue reading โ: ๐ก๐ผ๐ ๐๐น๐น ๐ ๐ฒ๐ป ๐๐ถ๐๐ต ๐ ๐ถ๐๐ฎ๐ถ (๐ ๐ผ๐๐๐๐ฎ๐ฐ๐ต๐ฒ) ๐๐ ๐ฌ๐ผ๐๐ฟ ๐๐ฎ๐๐ต๐ฒ๐ฟ โ And Not All Auditors Are Tax Experts
In the tax world, that translates to this: not everyone who talks about tax is qualified to give tax advice. But somehow, I keep hearing it: โ๐ ๐ ๐ฎ๐๐ฑ๐ถ๐๐ผ๐ฟ ๐๐ผ๐น๐ฑ ๐บ๐ฒโฆโ Just yesterday, a friend of mine shared that her auditor advised her on a tax deduction for commission. The “auditor”…
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Continue reading โ: ๐ข New Indirect Tax Alert: Budget 2025!
The Malaysia Budget 2025 brings exciting new tax updates with fresh opportunities for businesses on indirect t. This summary, prepared by Ms. Lim Nguan Lian, our Head of Client Relationship, highlights the most relevant updates on indirect tax. Sales & Service Tax (SST)๐ฅฆ Basic food items remain tax-exempt๐ Higher sales…
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Continue reading โ: Why I Became a Yogi ?!
So, calling myself a yogi feels like a bit of a joke, especially since I really canโt stand yoga. But here I am, reluctantly rolling out my mat after dealing with a string of injuries from my favorite sports last Thursday with #ktp colleagues. It all kicked off with running.…
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Continue reading โ: Body Corporate Regulation in Malaysia
This morning I attended the #ACCA Roundtable on the Registration of Body Corporate as Public Practice Entities, where we dug into a topic thatโs been overdue for years. The discussion was lively, with different views flying around. Butโฆ one thing was crystal clearโthe profession must evolve if we want to…
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Continue reading โ: Can Auditors Release ๐๐๐ฑ๐ถ๐ ๐ช๐ผ๐ฟ๐ธ๐ถ๐ป๐ด ๐ฃ๐ฎ๐ฝ๐ฒ๐ฟ๐ to Third Parties?
Last week, I had my first encounter with the Malaysian Anti-Corruption Commission (Suruhanjaya Pencegahan Rasuah Malaysia or SPRM). A team of officers visited our office to review one of our clientโs ๐ฎ๐๐ฑ๐ถ๐ ๐๐ผ๐ฟ๐ธ๐ถ๐ป๐ด ๐ฝ๐ฎ๐ฝ๐ฒ๐ฟ๐. They asked questions, reviewed documents, and even requested the contact details of the person-in-charge (PIC) for…
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Continue reading โ: When Auditor Pass Audit Adjustment RM16.80
I was reviewing a bundle of audit engagement documents including audited adjustment of a new client who had just transferred to us, only to discover an audit adjustment that left me speechlessโRM16.80. Yes, a grand total of sixteen ringgit and eighty cents. Curious about the rationale behind this tiny adjustment,…
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Continue reading โ: ๐ ๐ช๐ต๐ ๐๐ง๐ฃ? ๐ ๐ผ๐ฟ๐ฒ ๐ง๐ต๐ฎ๐ป ๐๐๐๐ “๐ก๐ฒ๐ฎ๐ฟ ๐ ๐ ๐๐ผ๐บ๐ฒ๐ ” ๐
Looking for an internship thatโs more than just a line on your CV? We get it, some of our interns say, โ๐๐ง๐ฃ ๐ถ๐ ๐ป๐ฒ๐ฎ๐ฟ ๐บ๐ ๐ต๐ผ๐บ๐ฒ, ๐๐ผ ๐ฒ๐ฎ๐๐!โ โ but the truth is, thereโs way more that makes KTP awesome. Hereโs the real deal: At KTP, youโll do more than…
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Continue reading โ: ๐๐ ๐๐๐ฑ๐ถ๐๐ถ๐ป๐ด ๐๐ฎ๐ฟ๐ฑ? Hereโs What Every New Auditor Should Know!
Auditing isn’t just about working with numbersโit’s about understanding all the rules, laws, and how things are changing. At KTP, we often ask ourselves: Is auditing hard? If you look at our whiteboard full of notes and scribbles, youโll see that it definitely can be. To be an auditor in…
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Continue reading โ: (Tax Update) Malaysia Budget 2025 – Key Highlights for SMEs
๐ What SMEs Need to Know The Malaysia Budget 2025 brings exciting new tax updates with fresh opportunities for businesses to maximize savings. This summary, prepared by Ms. Lim Nguan Lian, our Head of Client Relationship, highlights the most relevant tax changes for SMEs. If youโre planning your 2025 budget…
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Continue reading โ: Why I Backed My Team at IAFG 2024
Winning wasnโt the main objectiveโbut someone had to represent the SMP firms! When the opportunity to join the Inter Audit Firm Games (IAFG) came, I fully supported our KTP team. It wasnโt just about badminton; it was about encouraging my colleagues to step out and embrace challenges beyond the office…
KTP & Company PLT
Trusted audit and accounting firm established in 1999, specializing in providing tailored financial services to small and medium enterprises (SMEs) across Malaysia.
Hello,
I’m Koh Teck Peng
Welcome to my blog, Iโm 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, Iโve 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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