CharteredAccountants
Eddy Suffian bin Yusof
C.A (M), B.Acc (Hons) IIUM
Principal Partner
Azman bin Muhammad
Chartered Accountant (MIA)
Audit Manager
Email: support@ysc.com.my
Our audit approach is commercially focused on the significant business and financial processes and the associated inherent risks. We focus on key management controls in place to manage such risks.
Our practical audit approach ensures that the audit is completed efficiently and that any significant issues are identified and dealt with at an early stage.
The idea at the heart of our audit approach is simple yet powerful; it is the belief that an auditor’s judgement must be grounded in an intimate knowledge of a client’s industry and business.
Only with this knowledge can the auditor ensure his strategy is aligned to your business needs, that it focuses on key controls and that judgement about audit financial statement assertions are made with confidence.
Our understanding of business dynamics, risks and processes drives our approach to delivering an audit which meets your business requirements.
As part of our audit we will :
We recognise that management and the Board want assurance that basic transaction processing is effective.
However, our experience has shown that the traditional approach to external auditing is not only time consuming but worse, it lacks focus on the important processes and risks.
As such, we had redesigned our audit approach to target audit risk (the risk of material error in the financial statements) and to focus on risk management and control.
In practice, it means that at the end of our audit assignments, we would sum-up our findings and recommendations onto any control deficiency or other business points of highlights in a letter addressed to the Board through the issuance of “Management Letters” from the Partner of the Firm.
YSC’s Due Diligence team appreciates the critical aspect of a due diligence and the fact that it can prove decisive to the acquisition exercise.
Combination of our traditional assurance skill and our commercial exposure will give rounded findings from the due diligence.
Our professionals will work closely with the management of the target company, solicitors and other experts to achieve the objectives of the due diligence.
Common objectives of a due diligence exercise are as follows:
Since year 2006, we had been the panel Specialist Due-Diligence teams for Koperasi Permodalan Felda Berhad (“KPFB”), during the period of which we had been consistently engaged to perform due diligence review on their Target Investing Companies.