Summary
- Malaysia has strong mid tier and non Big 4 audit firms that provide reliable compliance support for SMEs and growing companies.
- Many firms in this list specialise in IPO preparation, regional expansion, digital accounting, and sector focused audit work.
- Non Big 4 firms tend to offer more partner involvement, clearer communication, and smoother engagement for small and medium sized businesses.
- Digital audit tools and cloud systems are now common among these firms, improving audit timelines and reducing manual work.
- Choosing the right audit firm depends on company size, regulatory needs, industry, and expectations for support beyond statutory compliance.
If you are looking for an audit firm in Malaysia that is not part of the Big 4 audit firms, you have more strong options than you might expect.
Although PWC, Deloitte, EY and KPMG often dominate the audit scene, there are plenty of mid-tier and independent firms that provide quality assurance work supported by experienced partners, industry familiarity that match modern business needs.
And frankly, they deserve some spotlight and attention too!
So, today let us compare the top 10 reputable non Big 4 audit firms in Malaysia. Each with their strengths, services offered to help you evaluate which firm meets your requirements.
Top 10 Non Big 4 Audit Firms in Malaysia
|
Firm |
Best For | Services | What They Are Known For |
|
Accounting.my |
SMEs and new companies | Audit, cloud accounting, SST, tax |
Digital first workflows and transparent pricing |
|
BDO Malaysia |
Listed companies and multinationals | Audit, tax, advisory |
Strong IPO and IFRS capabilities |
|
Baker Tilly Malaysia |
Regional businesses and SMEs | Audit, restructuring, valuation |
Wide nationwide presence |
|
Crowe Malaysia |
IPO candidates and high growth firms | Audit, risk, IPO advisory |
One of the top reporting accountants in Malaysia |
|
Grant Thornton Malaysia |
Companies with complex operations | Audit, ESG, risk services |
Strong investigative audit capabilities |
|
RSM Malaysia |
Multinationals and manufacturers | Audit, IFRS, internal audit |
Cross border reporting expertise |
|
YYC |
SMEs and family businesses | Audit, tax, advisory |
SME education and business coaching |
|
CCS & Co |
SMEs wanting stable long term auditors |
Audit, tax, secretarial |
Traditional, steady audit practice |
|
L & Co PLT |
Start ups and cloud based SMEs | Audit, tax, SST |
Cloud accounting and fast turnaround |
| HLB Ler Lum Chew PLT | SMEs and mid sized groups | Audit, tax, advisory |
Long audit history plus global network access |
1. Accounting.my
Accounting.my is a digital-first accounting and audit service provider that focuses on making compliance more accessible for Malaysian SMEs.
Built around remote workflows and a wide variety of services, it gives SMEs a smoother audit experience compared to traditional firms.
Best yet, if you’re looking for other services like company secretarial services, business licensing and even SEO marketing, the accounting firm has it all covered!
Services Offered:
- Business Audit
- Cloud bookkeeping
- Accounting Software
- Tax filing
- Company incorporation and SSM registration
- HRDF E-invoice courses
- SEO and website design service
Accounting.my is recognised for simplifying the entire audit and compliance cycle for small businesses, especially those adopting cloud systems or remote operations.
“Loved by small business owners for making compliance less stressful and more predictable. The one-stop service for SMEs is greatly appreciated.”
Ideal For: SMEs, online businesses, micro enterprises, newly incorporated companies
2. BDO Malaysia
BDO Malaysia is one of the largest non Big 4 firms, offering audit quality that appeals to public listed companies and mature businesses.
The firm combines international standards with partner-led involvement, which means clients receive structured, reliable, and technically sound audit work.
Their experience in capital market audits makes them one of the most trusted mid tier assurance providers in the country.
Services Offered:
- Financial statement audit
- IFRS advisory
- Tax services
- Risk consulting
- Business advisory
Capital market and IPO reporting
BDO is well known for its deep involvement in Bursa Malaysia listings and its ability to support companies with complex reporting requirements.
“A top choice for companies that want audit precision, regulatory expertise, and consistent communication from day one.”
Ideal For: Listed companies, multinationals, large SMEs, regulated sectors
3. Baker Tilly Malaysia
Baker Tilly Malaysia is widely regarded as one of the country’s largest mid-tier audit firms, supported by multiple offices that serve clients nationwide.
The firm offers dependable audit services with an added advantage in restructuring and valuation work. Many regional businesses choose Baker Tilly because of their global network while still understanding local compliance needs.
Services Offered:
- Statutory audit
- Tax and corporate advisory
- Business valuation
- Restructuring and corporate recovery
- Insolvency services
- Internal audit
The firm is especially known for taking on complex restructuring assignments and supporting businesses undergoing transitions.
“Trusted by regional companies for reliable audits supported by strong advisory capabilities.”
Ideal For: SMEs, cooperatives, property developers, companies undergoing business transition
4. Crowe Malaysia PLT
Crowe is one of Malaysia’s leading firms for IPO audits and regulatory-driven assurance work, frequently ranked among the top reporting accountants for Bursa Malaysia listings.
Their teams have extensive experience preparing high growth companies for ACE Market or Main Market listings, making them a popular choice for businesses planning to scale.
Services Offered:
- Statutory audit
- IPO advisory and reporting accountant roles
- Internal control reviews
- Risk consulting
- Governance and compliance advisory
- Corporate reporting support
Crowe consistently ranks among the most active reporting accountants in Malaysia, cementing its reputation in the capital markets.
“A leading choice for growth-driven companies that want clear direction during pre-IPO stages.”
Ideal For: IPO candidates, fast-growing SMEs, private equity backed firms
5. Grant Thornton Malaysia PLT
Grant Thornton Malaysia excels in risk-focused and investigative audit engagements.
Their teams are often called upon when businesses require deeper scrutiny, such as ESG compliance, operational risk reviews, or complex financial assessments.
Services Offered:
- Statutory audit
- ESG reporting and sustainability assurance
- Risk advisory and internal audit
- Corporate finance
- Forensic and investigative reviews
- Regulatory compliance support
They are well known for supporting companies with technical or sensitive reporting issues, especially when transparency and documentation are essential.
“Favoured by companies that need a detailed audit supported by strong risk and compliance insights.”
Ideal For: Mid sized companies, firms with operational complexity, regional expansion groups
6. RSM Malaysia
RSM Malaysia is a dependable firm for multinational groups that require consistent alignment with global reporting standards.
The firm integrates international methodologies with local technical teams, which helps companies manage both Malaysian and cross-border compliance.
Services Offered:
- Statutory audit
- IFRS and MFRS reviews
- Internal audit and risk advisory
- Transaction services
- Transfer pricing
- Cross-border tax and group reporting support
RSM is frequently chosen by manufacturers and multinational subsidiaries due to its structured processes and international reach.
“A strong option for companies that need disciplined audit work with global coordination.”
Ideal For: Multinational groups, manufacturers, mid market enterprises
7. YYC
YYC has built a strong reputation among SMEs by blending statutory audit services with practical business advice.
The firm’s training, seminars, and community-based approach make it attractive to entrepreneurs who want both compliance and guidance.
Services Offered:
- Statutory audit
- Accounting and bookkeeping
- Tax planning and compliance
- Payroll services
- Business advisory
- SME growth and financial training
YYC is known for its large-scale entrepreneur events and its ability to make financial concepts easier for small business owners.
“A trusted partner for SMEs that appreciate clear explanations and practical financial support.”
Ideal For: SMEs, family businesses, retail operators, local service providers
8. CCS & Co
CCS & Co is an established Malaysian audit firm with a strong track record of partner-led assurance services.
Many long standing SMEs prefer CCS & Co for its steady, reliable audit processes and personalised support.
Services Offered:
- Annual statutory audit
- Tax compliance
- Accounting and bookkeeping
- Corporate secretarial services
- Payroll and administrative support
Their long history and client retention reflect a consistent delivery style that appeals to conservative or steady-growing businesses.
“A dependable choice for companies that prefer long term stability and clear guidance.”
Ideal For: SMEs, private limited companies, long term audit relationships
9. L & Co PLT
L & Co PLT is a modern audit and accounting firm that appeals to start ups and digital driven businesses.
They emphasise cloud documentation, simple communication, and user friendly processes, which help speed up the audit cycle.
Services Offered:
- Statutory audit
- SST and tax submission
- Cloud accounting
- Bookkeeping
- Company secretarial services
- Payroll
The firm is recognised in various SME and audit-firm listings for its cloud accounting capabilities, reinforcing its commitment to digital workflows.
“Well suited for businesses that want a smooth, software-driven audit experience.”
Ideal For: Start ups, cloud-first SMEs, micro enterprises
10. HLB Ler Lum Chew PLT
HLB Ler Lum Chew is a long-established independent audit practice, with roots dating back to 1981 and strengthened by support from HLB International.
Their experience helps them deliver consistent audit quality across various SME and mid market sectors.
Services Offered:
- Statutory audit
- Tax advisory
- Corporate advisory
- Business structuring
- Financial reporting support
With decades of audit experience and an international network behind them, the firm offers both local familiarity and global tools.
“A long established firm that provides steady, relationship-driven audit support.”
Ideal For: SMEs, mid sized groups, regionally expanding companies
Conclusion: How to Choose the Right Non Big 4 Audit Firm in Malaysia
The 10 audit firms in this list represent 10 reputable non Big 4 options in Malaysia, carefully selected with SMEs and medium-sized businesses in mind.
Some firms are better for IPO preparation, others specialise in SME guidance, and several offer strong regional or cross border insight. What matters most is finding a team that communicates clearly, understands your operations!
If your business also needs help with company secretarial work, accounting support, or tax compliance, you should definitely consider MyAdvisory.
While we are not on the audit list, we can handle the everyday essentials that keep your business running smoothly, and isn’t that what all businesses want?
Disclaimer: This guide is for general information only, always discuss your specific reporting and regulatory needs directly with your chosen audit firm before appointing them.
Disclaimer: All brand names, trademarks, and logos used here belong to their respective owners. We use them strictly for identification purposes and are not affiliated with or endorsed by these owners.
Frequently Asked Questions About top 10 Audit Firm in Malaysia
What Is The Difference Between Big 4 And Non Big 4 Audit Firms?
Big 4 firms tend to have larger teams and handle complex multinational engagements. Non Big 4 firms offer partner led audits and are often more suitable for SMEs.
Are Non Big 4 Audit Firms Recognised In Malaysia?
Yes. Firms like BDO, Crowe, RSM, and Baker Tilly handle IPO audits, listed entities, and regulated industries.
Which Audit Firm Is Best For SMEs?
Accounting.my, YYC, L & Co, and CCS & Co are popular choices among Malaysian SMEs because of their SME-focused services, pricing and workflows.
Can Non Big 4 Firms Handle IPO Audits?
Yes. Crowe, BDO, and Grant Thornton regularly serve as reporting accountants for Bursa Malaysia listings.
How Do I Choose The Right Audit Firm?
Consider your company size, reporting complexity, industry, and if you need advisory support beyond statutory audit.
Are Non Big 4 Firms More Affordable?
Often yes, especially for SMEs though actual fees still depend on your size, risk profile, and reporting complexity. Many non Big 4 firms also offer clearer communication and more direct partner involvement.
