Top 10 Local Audit Firm in Malaysia (2025)

local audit firm in malaysia showing their report to a client

Looking for the top 10 audit firms in Malaysia as of 2025?

You’re in the right place, we’ve narrowed down Malaysia’s most reputable, high-performing local audit firms to help you make an informed decision.

From forensic audits to tax advisory, these firms offer a wide spectrum of services trusted by SMEs and large corporations alike.

1. Accounting.My

Accounting.My stands out for its deep specialisation in forensic auditing, which is especially valuable for SMEs and mid-sized firms wanting to prevent internal fraud or uncover irregularities. 

With nearly 20+ years of experience serving SMEs, startups, and family-run enterprises, the firm has built a reputation around its fraud prevention focus and transparent reporting.

Core Audit Services Offered:

  • Statutory Audit: Annual financial statement audits conducted in accordance with the Malaysian Companies Act 2016. Ensures financial statements are free from material misstatement and compliant.
  • Compliance Audit: Reviews both internal and external compliance frameworks, often used by universities, manufacturing sectors, and corporations with regulatory obligations.
  • Financial Audit: Covers detailed inspections of financial transactions to ensure accuracy and transparency.
  • Internal Audit: Evaluates operational efficiency and strengthens internal controls for better risk management.
  • External Audit: Independent evaluation of company accounts for third-party assurance (e.g. banks, investors).
  • Forensic Audit: Investigative audit to identify financial fraud, embezzlement, and manipulation of accounts.
  • Operational Audit: Assesses business processes and resource usage to reduce inefficiencies.

With a focus on actionable outcomes, Accounting.My doesn’t just audit for compliance,  they provide strategic value through improved financial governance, robust controls, and early fraud detection.

2. PwC Malaysia

PwC is a top-tier choice for complex audits and large corporate clients.

  • Network: 3,000+ staff in Malaysia, part of PwC Global
  • Services: Financial audits, tax planning, digital assurance, ESG compliance
  • Clientele: Listed companies, financial institutions, conglomerates

PwC Malaysia brings unmatched global resources and frameworks into the local context. Its assurance services extend beyond statutory audit to include digital audit integration, sustainability compliance, and internal control reviews

Their robust internal quality assurance processes and breadth of sector knowledge make them a natural choice for publicly listed companies and firms undergoing IPO.

“Most Bursa-listed companies work with PwC for a reason, they’re reliable at scale.”

3. Deloitte Malaysia

Deloitte Malaysia, a member of the Big 4, provides comprehensive statutory audits and corporate advisory services. Backed by a global workforce of 457,000 and revenue exceeding USD 64.9 billion, Deloitte brings scale and technical depth to the Malaysian market.

Core Capabilities:

  • Risk Advisory: Deloitte’s advanced risk modelling and analytics allow firms to identify operational blind spots and manage compliance proactively.
  • Financial Audit: A strong reputation for thorough, standards-driven financial reporting across regulated industries.
  • Digital Audit Tools: Known for developing internal audit talent and integrating analytics into every stage of the audit lifecycle.

The firm’s risk-based audit methodology has positioned it as a trusted partner for multinational corporations, financial institutions, and highly regulated sectors such as oil & gas and manufacturing. 

Their work often supports IPOs, cross-border investments, and mergers.

4. EY Malaysia

EY Malaysia is recognised for its deep industry knowledge and focus on delivering high-impact assurance and advisory services. As one of the Big 4, EY brings global methodologies and local expertise into sectors that demand more than routine audits.

Specialities:

  • Government & Regulatory Audits: EY’s work with ministries and public agencies positions it well for compliance-driven and transparent financial reporting.
  • Performance Measurement Audits: Helps clients evaluate and improve business outcomes through data-backed insights and benchmarking.

The firm’s proprietary audit platform, EY Canvas, integrates audit planning and execution in real time, offering improved oversight and collaboration. 

EY Malaysia has gained traction in verticals such as fintech, healthcare, and education due to its emphasis on risk governance, ESG assurance, and digital transformation alignment

“If your business is in manufacturing or fintech, EY brings specialist insight.”

5. KPMG Malaysia

KPMG Malaysia is a trusted name for multinational corporations and Malaysian firms with cross-border operations. The firm brings together its Big 4 stature with extensive experience in audit, tax, and advisory services, serving both traditional industries and digital-first companies.

Core Audit Focus:

  • Statutory Audits: Comprehensive audits that comply with local and international standards.
  • Controls Testing & IFRS Advisory: Ensures governance, control accuracy, and proper financial disclosure.
  • Risk Consulting: Proactive risk mitigation and corporate governance strategies.
  • Transaction Services: Audit-related due diligence for M&A, IPOs, and divestments.

KPMG’s use of the Clara platform supports seamless audit delivery, document management, and risk identification. 

Their team is known for strong reporting clarity and speed, particularly valuable for companies navigating IFRS transitions, regulatory reviews, and international joint ventures

6. Baker Tilly Malaysia

Baker Tilly Malaysia is widely regarded as the country’s largest mid-tier audit firm, offering a unique blend of accessibility and technical proficiency. With a workforce of around 900 professionals across 9 regional offices, they have become a trusted name for SMEs, property developers, and cooperatives.

Key Areas of Expertise:

  • SME Audit & Tax Services: Tailored audit support for smaller enterprises with localised operations.
  • Business Valuation & Restructuring Audits: Critical support for mergers, acquisitions, and business succession.

Their strength lies in their decentralised presence, allowing businesses across Malaysia to receive responsive service without sacrificing audit quality. Clients often engage Baker Tilly during corporate transitions, such as family business exits or regional expansions, where valuation accuracy and compliance assurance are essential.

“Their branches make compliance easier for regional businesses.”

Read more: 13 Questions To Ask Your Accountant For Small Business

7. BDO Malaysia

BDO Malaysia delivers internationally credible audit services with a highly personalised, partner-led approach.

 As part of BDO’s global network, they combine international standards with deep local understanding, making them a go-to choice for high-growth businesses and mid-sized enterprises.

Core Services:

  • Statutory Audit: Delivered under strict regulatory compliance frameworks.
  • Sustainability Reporting Audits: ESG audits and non-financial assurance to meet modern stakeholder expectations.
  • Outsourced CFO & Payroll Solutions: Strategic support for companies without in-house finance teams.

BDO’s strength is their human-centred audit model, which blends personalised guidance with reliable financial insight. They are particularly known for helping fast-growing businesses scale while remaining compliant, often advising on process optimisation and financial transparency across business units.

8. Grant Thornton Malaysia

Grant Thornton Malaysia is known for handling complex, high-risk audit engagements that go beyond traditional financial reviews. As a mid-tier firm with international affiliation, they specialise in investigative, regulatory, and sustainability-focused audits.

Strengths and Focus Areas:

  • Business Risk Assessments: Risk-focused audits tailored to operational and reputational concerns.
  • Climate and ESG Audits: Helping companies comply with environmental frameworks and stakeholder disclosures.

Grant Thornton stands out for its ability to support companies facing heightened audit scrutiny,  whether due to fraud investigations, legal proceedings, or environmental compliance. 

Their forensic audit teams are trained to detect irregularities and provide litigation support, making them a preferred choice in industries like food production, construction, and natural resources.

“Strong in high-risk, investigative, or ESG-focused audit work. Grant Thornton excels in auditing businesses with large operation and inventory management.”

9. YYC & Co

YYC & Co is a well-established Malaysian audit and advisory firm that has grown rapidly in recent years, especially among SMEs and digital businesses. Known for its entrepreneurial spirit and SME-focused services, YYC combines practical business insight with a wide range of financial and compliance offerings.

Key Services:

  • Statutory Audit & Assurance: For startups, scale-ups, and family-run businesses.
  • Tax Planning & Advisory: Efficient tax structuring and compliance services.
  • Digital Bookkeeping & Reporting: Real-time cloud-based accounting systems for better decision-making.

YYC has positioned itself as a modern firm with strong digital capabilities, serving clients in retail, tech, and F&B sectors. Their audit teams offer not just compliance audits, but also advice on business process improvement, tax savings, and digital transformation.

10. Crowe Malaysia

Crowe Malaysia is one of the most prominent local accounting firms with an international affiliation, offering a robust audit and assurance service portfolio tailored for dynamic and regulated industries. With over 80 years in the profession and as a member of Crowe Global, the firm offers both technical depth and business insight.

Core Services:

  • Statutory and Financial Statement Audits: Ensuring compliance with Malaysian and international reporting standards.
  • Internal Control and Risk Reviews: In-depth analysis of operational and financial control structures.
  • Digital Accounting & Reporting Tools: Integration of cloud accounting platforms for SME and enterprise clients.

Crowe Malaysia is especially sought after by companies in sectors such as manufacturing, property development, retail, and education, thanks to its balance of hands-on local knowledge and international best practices. 

Their audit methodology combines traditional fieldwork with digital analytics, resulting in clear, prompt, and regulation-ready audit reports.

“Crowe’s consistency and audit rigour make them ideal for growth-focused businesses.”

Comparison Table: Malaysia’s Top 10 Audit Firms (2025)

Firm

Key Services Offered

Ideal For

Unique Strength

Accounting.My

Forensic, internal, statutory audits

SMEs, fraud prevention

Practical internal control advice

PwC Malaysia

Audit, tax, ESG, consulting

Corporates, listed companies

Complex audits, tech-driven reporting

Deloitte Malaysia

Risk, tax, digital assurance

Large firms, finance-heavy industries

Global capabilities, talent pipeline

EY Malaysia

Regulatory audits, risk assurance

Regulated sectors

Sector-specific knowledge

KPMG Malaysia

Statutory audit, controls testing

Multinationals, holding companies

Tax and IFRS advisory

Baker Tilly

SME audit, valuations

Regional SMEs

Nationwide accessibility

BDO Malaysia

Audit, outsourcing, sustainability reports

Mid-sized enterprises

Outsourced finance support

Grant Thornton

Forensic, ESG, financial due diligence

Risk-prone or green businesses

Sustainability and risk audits

YYC & Co

Statutory audit, digital reporting, tax advisory

SMEs, tech firms, F&B sector

Digital-first, SME-focused advisory

Crowe Malaysia

Statutory audit, digital tools, risk reviews

Growth-focused, regulated industries

Local access + global audit standards

Beyond the Big 4, Choose an Audit Firms for You

Malaysia’s audit scene is dominated by the Big 4, but local audit firms like Accounting.My offer cost-effective, high-quality alternatives for audit services. Because we put quality and care into every client’s needs and case.

Whether you need detailed internal audits, ESG reports, or just statutory compliance, there’s a fit for every need and budget. 

Don’t just choose the biggest names, choose the audit firm that is right for you and your business needs.

Frequently Asked Questions About Audit Firms

1What’s the Best Audit Firm for Small Businesses in Malaysia?

Accounting.My, YYC, or Baker Tilly are ideal for SMEs due to their hands-on approach and affordability.

2Is It Worth Hiring a Big 4 Audit Firm?

If you're a large business or planning an IPO, yes. Big 4 firms like PwC or Deloitte offer deep regulatory experience. If you are a SME, it’s best you choose mid size firms like Accounting.My.

3What Services Do Local Audit Firms Offer?

Typical services include statutory audits, internal audits, forensic audits, tax advisory, and financial reporting.

4How Do I Choose the Right Audit Firm Near Me?

Consider:

  • Your industry
  • Budget
  • Need for local presence or digital reporting
5Are Mid-Tier Audit Firms Trustworthy?

Yes. Firms like BDO, Baker Tilly, and Grant Thornton are globally affiliated and meet international standards.

6How Often Should a Business Be Audited?

Annually, as required under the Companies Act 2016. Internal audits may occur quarterly or biannually depending on risk levels.