Every business needs to be audited from time to time to ensure that they are on the right track. And for this reason, it is vital for all companies, both startups and already established businesses to have an auditor. Today, there are quite many audit companies in Malaysia, which makes it quite a task having to settle for one. Well, if you have been looking for an audit company, then you are in the right place. In this article, we will give you a few factors that you need to consider before choosing one.
- Find out how long they have in business
For how long has the auditing firm been in business? Keep in mind that auditing is very critical in every organization and should be done by an auditor who understands all about it. Be sure to go for an auditing firm that has been in business for some time, as this is an indication that they have enough experience on matters to do with auditing.
- Choose one with a solid reputation
In business, reputation is everything. Be sure to hire an auditing firm that holds a solid reputation in the industry. A good reputation is a clear indication that the firm delivers quality auditing services at all times. So much so, working with a highly reputable auditing firm gives you some peace of mind as you are sure that they will perform the job effectively.
- Find out if they are licensed
Truth be told, in as much as we have legitimate audit firms, some of them are total scams. One of the ways that you can confirm that an audit company in Malaysia is legit is by checking if they have a license. A license is basically a document that shows that the company is registered and fit to offer their services. Lack of one thereof is a red flag.
- Find out more about their fees
Of course, you will have to pay for the auditing services rendered to your company. You want to find out how much the audit firm charges for their services. However, the price should never be the only determining factor as it is directly affected by other variables. As a rule of thumb, you should never compromise on the quality of work because of the price.
By following the tips mentioned above, you are sure to find the right auditing firm for your business. Besides, you can also use these tips to help you hire a company secretary Malaysia who will be responsible for ensuring that your company complies with the company laws of Malaysia.