Top Accounting Companies in Malaysia for 2025

Looking for the best accounting firms in Malaysia for 2025? Choosing the right one can save you time, prevent costly mistakes, and give you a clear view of your finances. Other firms may just handle numbers, but these listed below use modern tools to work smarter. AI in accounting helps them analyze large amounts of data quickly and spot details that might be missed by hand.

‍Accounting automation takes care of repetitive tasks like data entry and report generation, so accountants can focus on giving you advice that grows your business. A recent global survey found that 36% of accountants are now using AI to automate parts of their workflows. Leading accounting firms in Malaysia are integrating these innovations with traditional expertise to deliver audit, tax, and advisory services that are both efficient and future-ready.

In this guide, we review Malaysia’s leading firms and explain how each combines expertise with technology to meet your needs in a fast-changing business environment.

Why Right Accounting Partner for Companies in Malaysia?

Malaysia’s economy is broad and fast-moving, with industries from high-tech manufacturing and Islamic finance to oil and gas and exports all facing their own tax, compliance, and reporting rules. Government plans like the National Industrial Master Plan 2030 are driving digitalisation, green technology, and advanced manufacturing, which means businesses now have to manage even more complex requirements.

Recent industry reports show that artificial intelligence (AI) is changing the role of accountants in Malaysia. It’s no longer just about automating ledgers or processing invoices. AI now helps accountants analyse huge amounts of financial data, detect patterns that could indicate fraud, and prepare more accurate reports in less time. Tools like Robotic Process Automation (RPA) are taking over routine tasks such as data entry and reconciliations, freeing accountants to focus on strategic advice and decision-making.

At the same time, new regulations and reporting framework, such as e-invoicing, MBRS 2.0 for digital financial statements, and sustainability disclosure standards, are pushing companies to adopt smarter, technology-driven accounting processes. The right accounting partner can guide you through these changes, ensure compliance with Malaysian and international standards, and provide insights tailored to your industry.

Criteria for Evaluation

When selecting the top accounting companies in Malaysia, we considered several key criteria to ensure a well-rounded evaluation of each firm:

• Reputation and Track Record: The firm’s history in Malaysia and globally, including years of establishment and notable achievements. Firms with long-standing presence and a reputation for quality audits and advisory services ranked highly.
  
• Range of Services: The breadth of services offered from statutory audits and tax consulting to advisory, risk management, and outsourcing. Top firms provide comprehensive solutions beyond basic accounting, including specialties like corporate finance, forensic accounting, and sustainability reporting.
  
• Expertise and Industry Specialization: Depth of expertise in serving various industries (e.g. banking, manufacturing, oil & gas, plantation, technology). We evaluated whether firms have dedicated teams or knowledge in high-growth areas such as Islamic finance or emerging tech sectors.
  
• Quality and Compliance: Accreditation and standards were important. We looked at adherence to international standards (IFRS, ISA), internal quality control systems, and recognition by regulatory bodies (for example, registration with Malaysia’s Audit Oversight Board).
  
• Global Network and Resources: Being part of a global accounting network or partnership (as many of these firms are) is a plus. It provides access to international best practices, training, and specialized expertise crucial for clients with cross-border operations.
  
• Client Portfolio and Impact: The profile of the firm’s clientele including large public-listed companies, multinationals, as well as small and medium enterprises (SMEs). Firms trusted by top-tier clients or known for landmark projects (like major IPOs or government advisory roles) were given extra merit.
  
• Innovation and Technology: We also considered how firms incorporate technology and innovation. This includes use of advanced audit software, data analytics, digital collaboration tools, and services like cloud accounting or ERP consulting to improve efficiency and insight.
  
• Talent Development: Lastly, the caliber of the firm’s professionals and commitment to training were noted. Top firms in Malaysia invest in their people through continuous professional education and attract talent with diverse certifications (ACCA, CPA, etc.), ensuring high-quality service delivery.
  

Using these criteria, we identified the leading accounting firms that excel in providing reliable, forward-thinking financial services. Below, we explore the Top 10 Accounting Companies in Malaysia for 2025, highlighting what makes each of them stand out.

Top 10 Accounting Companies in Malaysia

Exploring the top accounting firms in Malaysia reveals a mix of globally affiliated networks and home-grown firms, all contributing to financial transparency and business growth. These firms are the backbone of corporate Malaysia’s compliance and strategic finance functions. From auditing the largest public companies to advising ambitious start-ups, the following 10 firms have distinguished themselves in 2024 and 2025 as the nation’s leaders in accounting services.

‍1. Invensis Technologies

Invensis, a global BPO firm with 25+ years of experience, serves clients in Malaysia and the region. It offers customized finance and accounting solutions, including bookkeeping, accounts payable/receivable, payroll, tax preparation, financial reporting, FP&A, and CFO advisory. Using tools like QuickBooks, Xero, SAP, and Oracle NetSuite, the firm ensures accuracy and IFRS/GAAP compliance. With over 6,000 professionals, Invensis supports more than 1,000 businesses worldwide, including Fortune 500 companies.

Specifics	Details
Key Services	Accurate recording of financial transactions for timely reporting. Streamlined invoicing, collections, and payment processing. End-to-end payroll management with compliance to Malaysian laws. Corporate and tax returns prepared in line with IFRS/GAAP standards. Periodic and customized reports for informed business decisions. Data-driven forecasting, budgeting, and performance analysis. Strategic guidance to improve profitability and financial health. Use of QuickBooks, Xero, SAP, and Oracle NetSuite for accuracy and efficiency.
Highlights	Serves clients in Malaysia, ASEAN, and global markets. Works across sectors including logistics, healthcare, retail, manufacturing, and IT. Employs certified accountants, internal auditors, and skilled financial analysts. Recognized for 25+ years of continuous growth and reliability. Helps clients achieve faster financial closing cycles and reduced costs. Delivers measurable gains, including 25% higher accuracy in financial reporting. Reduces accounting operating costs by up to 30% for clients. Ensures full compliance with Malaysian and global financial regulations. Protects data with firewalls, VPNs, and encryption protocols.
Contact Info	Phone: +1 (302)-261-9036 Phone: +44 203 411 0183 Phone: +61 3 8820 5183 Phone: +91 80 2659 5899 Contact form: https://www.invensis.net/contact-us

2. Baker Tilly Malaysia

Baker Tilly Malaysia, a member of Baker Tilly International, is the 7th largest accounting and advisory firm in the country. Established in 1978, it operates from over eight offices, including its head office in Kuala Lumpur and branches in Penang, Johor, Terengganu, and Sabah. Serving SMEs, mid-market companies, listed firms, and public sector entities, it is known for partner-led services that combine global expertise with a personal touch, making it a trusted choice for businesses nationwide.

Specifics	Details
Key Services	Statutory audits, financial statement reviews, and compliance audits for various entities. Corporate tax filings, GST/SST compliance, and tax planning for businesses and individuals. Specialized tax advisory, including transfer pricing documentation for multinational companies. Corporate finance services such as IPO consulting and M&A advisory. Business consulting for strategy, performance improvement, and operational efficiency. Forensic accounting and investigation services for fraud detection and resolution. Risk advisory covering internal audits, risk assessments, and governance frameworks.
Highlights	Combines global standards with local agility for mid-market clients. Supports businesses from family-owned firms to emerging tech startups. Senior partners maintain direct engagement to ensure quality and trust. Promotes digital readiness with accounting software advice and cloud outsourcing. Recognized for thought leadership through ACCA and university collaborations.

3. Deloitte Malaysia

 Deloitte Malaysia is another Big Four firm with a strong presence in the country, tracing its local roots to one of the earliest Malaysian-founded accounting practices. Now part of Deloitte’s global network (with over 415,000 employees worldwide), Deloitte Malaysia combines international expertise with local knowledge across offices in Kuala Lumpur, Penang, Johor, and beyond.

The firm is highly regarded for its work with both government bodies and corporate giants. It serves clients in highly regulated industries such as financial services, energy, and healthcare and has been involved in major national projects, from infrastructure advisory to large-scale audits of government-linked companies.

Specifics	Details
Key Services	Statutory audits for companies of all sizes using Deloitte’s globally consistent audit approach. Corporate tax planning, transfer pricing, indirect tax (GST/SST) expertise. Technology consulting, systems integration, digital transformation projects. Internal audit outsourcing, cybersecurity advisory, regulatory compliance consulting. Broad range of transactional and strategic financial services.
Highlights	Access to global centers of excellence in analytics and artificial intelligence. Uses AI and advanced analytics in audits to handle large datasets efficiently. Strong reputation in risk management services, especially for banks and insurers. Advises on risk frameworks and internal control implementation. Global revenue exceeds USD 64 billion, enabling heavy investment in technology and tools. Deloitte auditors in Malaysia use advanced audit software with analytics integrated throughout the audit process. Known for delivering not just compliance but strategic insights, including process improvements and cost savings during audits.

4. EY Malaysia

EY Malaysia, part of Ernst & Young’s global network, has over a century of history. Headquartered in Kuala Lumpur with branches in Penang, Johor, Sabah, and Sarawak, it serves clients from startups to major corporations. Known for its consultative approach, EY works across sectors including fintech and fast-growing businesses. The firm also advises the government on regulatory and public sector projects and plays a major role in capital market transactions, including IPOs and bond offerings, through its Transaction Advisory Services.

Specifics	Details
Key Services	Financial audits, financial reporting advisory, integrated internal control audits (SOX compliance for US-listed subsidiaries). Corporate tax compliance, international tax structuring, personal tax for expatriates. Advisory on capital markets, mergers, acquisitions, and restructuring. Performance improvement, supply chain, customer strategy, robotic process automation (RPA) in finance. Fraud investigation, forensic accounting, anti-money laundering consulting.
Highlights	Industry-focused teams with dedicated sector expertise (financial services, manufacturing, plantation, technology). Proprietary global audit platform Canvas for real-time audit tracking and collaboration. Leadership in sustainability reporting and climate risk advisory. Helps companies measure and report ESG metrics in line with global standards. Strong culture of knowledge-sharing, offering clients access to global research and thought leadership. Publishes insights on topics like the future of finance and digital government initiatives. Known as a trusted advisor for businesses undergoing transformation or facing new challenges.

5. KPMG Malaysia

KPMG Malaysia, part of KPMG’s global network, traces its roots to 1928. Headquartered at KPMG Tower in Petaling Jaya, it operates in eight locations nationwide. Renowned for its audit practice, it serves major conglomerates, banks, and government-linked companies. The firm also has a strong advisory presence, consulting on public sector modernization and technology adoption. Known for professionalism and technical excellence, KPMG is often the auditor of choice for complex, cross-border industries such as telecommunications, energy, and manufacturing.

Specifics	Details
Key Services	Statutory audits, M&A due diligence, and Shariah-compliance audits for Islamic banks. Corporate tax compliance, GST/SST advisory, and consulting on investment tax incentives. Management consulting for strategy, operations, ERP implementation, and fintech solutions. Risk consulting in internal audit, governance, sustainability, climate, and cyber risk. Deal advisory for valuations, transaction structuring, and corporate finance projects.
Highlights	Strong governance and risk focus with rigorous audit methodology and controls testing. Ensures compliance with local and international accounting standards. Uses KPMG Clara and data analytics tools for efficient, high-quality audits. Expertise in IFRS conversions and technical accounting issues. Provides training and guidance for adopting new accounting standards. Collaborates with universities and professional bodies to develop future professionals.

6. BDO Malaysia

BDO Malaysia, part of BDO International, the world’s 5th largest accounting network, was established in 1964. Now among the top five professional services firms in the country, it operates from its Kuala Lumpur headquarters with branches in Penang, Johor, and Sabah. Known for serving owner-managed businesses, mid-sized listed companies, and SMEs, BDO also works with multinational subsidiaries and as a component auditor for global BDO engagements, leveraging its strong international network and long-standing reputation for quality and client service.

Specifics	Details
Key Services	External audits, agreed-upon procedures, and financial due diligence for business transactions. Corporate finance advisory, including M&A, valuations, and deal structuring. Risk advisory services covering internal audit and enterprise risk management. Tax compliance for companies and individuals, plus cross-border tax advisory. Assistance with tax incentive applications, such as pioneer and MSC Malaysia status. Business outsourcing solutions, including bookkeeping, payroll, and cloud-based accounting services.
Highlights	Offers personalized service with strong continuity and hands-on partner involvement. Operates under the “people helping people achieve their dreams” philosophy. Early adopter of audit data analytics within the mid-tier market segment. Sector expertise in real estate, retail, education, and non-profit organizations. Steady growth and long-standing reputation for delivering value-added accounting services.

7. Grant Thornton Malaysia

Grant Thornton Malaysia, a member of Grant Thornton International, was established in 1974 and recently marked its 50th anniversary. With over 500 employees across offices in Kuala Lumpur, Penang, Johor, and Kuantan, the firm is known for its consultative approach and focus on dynamic organizations. It serves mid-to-large private companies, including those preparing for listings or market expansions.

Proactive and forward-looking, Grant Thornton aligns well with entrepreneurial sectors such as technology, education, and manufacturing, delivering tailored solutions to support growth and transformation.

Specifics	Details
Key Services	External audits, reviews, donor audits, and IPO-related reporting accountant roles. Tax compliance and advisory in GST/SST, transfer pricing, and international tax planning. Business risk services, including internal audit outsourcing and risk management consulting. Business consulting for performance improvement, strategic planning, and operational efficiency. Transaction advisory covering due diligence, valuations, and M&A support. Restructuring and insolvency services for companies in financial distress or undergoing turnaround.
Highlights	Delivers accessible expertise with partner-level attention under the “An Instinct for Growth” approach. Specializes in IFRS advisory and sustainability services, including ESG and integrated reporting. Strong SME sector presence, advising award-winning SMEs and partnering with SME Corporation Malaysia. Provides Malaysian market insights to Grant Thornton’s global research for client benchmarking. Combines global resources with a focus on emerging Malaysian businesses and mid-market growth.

8. YYC & Co.

 YYC & Co., founded in 1974 as S.F. Yap & Co., is a leading Malaysian audit, tax, and advisory firm serving SMEs, start-ups, and family businesses. With offices in Kuala Lumpur, Johor, Penang, and more, it also operates an advisory arm, YYC Advisors. Known for combining compliance services with growth-focused guidance, its tagline “Your Partner in Growth” reflects its entrepreneurial approach. Recognized for SME development and rapid expansion, YYC has become one of Malaysia’s fastest-growing local accounting firms.

Specifics	Details
Key Services	Statutory audits and due diligence for private companies and public entities. Corporate and personal tax compliance with GST/SST advisory and planning services. Assistance with tax audits, investigations, and liaison with relevant authorities. Business consulting, including budgeting, cash flow management, and growth strategies. Outsourced accounting, payroll, and accounting system implementation for SMEs. Company secretarial and support services for entrepreneurs without in-house expertise.
Highlights	SME-focused model tailored for Malaysian small and medium enterprises seeking practical support. Acts as business mentor, hosting workshops on financial literacy, cost savings, and incentives. Early adopter of cloud accounting tools like Xero and QuickBooks, enabling real-time tracking. Audit teams provide value-added insights on processes, profitability improvement, and expansion readiness. Builds strong bonds with entrepreneurs, reflecting growth from small practice to leading firm. Widely recommended by SMEs for reliability, affordability, and genuine commitment to success.

9. Crowe Malaysia

Crowe Malaysia, the local member of Crowe Global, is ranked as the 5th largest accounting firm in the country. With 12 offices nationwide, including its head office in Kuala Lumpur, it has a strong presence in cities like Penang, Johor Bahru, Melaka, and Kuching. Known for IPO consulting and corporate advisory, Crowe is among the top firms in Malaysian listings since the mid-2000s. Serving large enterprises, multinationals, and SMEs, it is active in manufacturing, construction, property development, and financial services.

Specifics	Details
Key Services	Statutory and investigative audits, plus reporting accountant roles for capital market transactions. Tax compliance and advisory in GST/SST, transfer pricing, and international tax planning. Corporate finance support, including M&A, due diligence, valuations, and transaction structuring. Business solutions such as outsourced accounting, payroll, and CFO advisory services. Performance improvement consulting to enhance efficiency and business outcomes. Risk consulting covering internal audit, governance, IT audits, and enterprise risk management.
Highlights	Leader in IPO and capital market advisory for Bursa Malaysia listings. Achieved ISO 9001:2000 certification, demonstrating commitment to quality management. Created digital compliance tools for SMEs, streamlining audits and reporting. Strong ASEAN integration enables coordinated regional client services. Nationwide offices ensure local market knowledge and client accessibility. Viewed as a strong alternative to the Big Four in transactions and consulting.

10. RSM Malaysia

RSM Malaysia, part of RSM International’s top 6 global network, was founded in 1978 and has grown into one of the country’s leading professional services firms. Headquartered in Kuala Lumpur with branches in Johor Bahru and Penang, it focuses on middle-market clients, including mid-sized listed companies and large private firms with entrepreneurial leadership. Known as a high-caliber alternative to larger firms, RSM delivers partner-led, tailored services. It also handles cross-border assignments, leveraging the RSM network’s global reach in major financial centers.

Specifics	Details
Key Services	Audit & Assurance, including statutory audits, financial projections review, and agreed-upon procedures. Tax services covering compliance, structuring, tax incentives, and transfer pricing documentation. Corporate advisory in transaction support, restructuring, and corporate governance. Outsourced accounting, payroll, and company secretarial services. Technology consulting, including accounting systems and cybersecurity in financial reporting.
Highlights	Strong mid-market focus with flexible, responsive teams. Known for close communication and deep understanding of client businesses. Provides top-tier expertise without big-firm bureaucracy. Global network ensures smooth cross-border coordination. Invests in talent, training, and innovation such as RPA and data analytics.

Conclusion

Malaysia’s leading accounting firms are integral to sustaining economic growth and maintaining corporate credibility. Whether global networks or distinguished local providers, they deliver high standards of financial reporting, governance, and strategic insight. These firms adapt to rapid changes in regulation, technology, and global markets by investing in talent and innovative tools, fostering trust among investors and stakeholders.

For businesses navigating complex financial environments, the firms featured in this list offer proven expertise and sector knowledge. Partnering with a specialist such as Invensis can further strengthen operations through tailored outsourcing solutions that enhance compliance, efficiency, and informed decision-making.