Linking Strategy To Value

Our Vision: To be the preferred business advisor in enterprise value enhancement

KHR Strategic Services

nterprise value is enhanced through the attainment of strategic objectives. At KHR, we place the emphasis on working together with you to increase our understanding of your organisation, enabling us to develop sustainable strategic plans, anticipating and managing risks as well as ensuring the proper implementation of your business plans.

Leveraging from our knowledge and experience, we focus on the issues affecting your organisation and develop solutions to address the specific industry and organisational challenges. Utilising the resources within KHR,

we deliver integrated business solutions to accomplish your corporate goals,

which will eventually enhance the value of your enterprise.

KHR Assurance Services

n todays increasingly competitive marketplace, it is essential for businesses

to preserve its credibility and corporate reputation as it leads to maintaining the confidence of their stakeholders as well as ensuring its success. The collapse of giant corporations due to corporate irregularities compels businesses to shoulder greater responsibilities due to the establishment of new standards in corporate and financial reporting. In their bid to maximize their shareholders value and sustainability, corporations of today are placing more emphasis on its corporate governance, transparency and accountability.

Possessing more than a decade of knowledge and expertise, KHR is dedicated to provide assurance on your financial reporting infrastructure and operations, helping you to improve the standards of reporting and adapt to the regulatory requirements.

KHR Assurance Services

Our Service Offerings

oing

beyond providing traditional assurance services, our business

professionals adopts strategic and risk-based approach in assisting you to improve your performance, mitigating risks as well as enhancing your enterprise value. Our range of assurance services are aimed to facilitate you in streamlining your operations and achieve your bottom line objectives by enhancing compliance of your corporate reporting obligations as well as increasing the standard of your corporate governance.

We facilitate you to maximise value through :

FINANCIAL STATEMENTS AUDIT

FINANCIAL DUE DILIGENCE

FINANCIAL INVESTIGATION

FINANCIAL PROJECTIONS REVIEW

OTHER SPECIAL PURPOSE ASSURANCE & INVESTIGATION ASSIGNMENTS

KHR Assurance Services

Our Service Offerings

FINANCIAL STATEMENTS AUDIT Our Financial Statements Audit service provides assurance and attestation to the information regarding your financial performance in order to address the statutory requirements of corporate reporting and manage any existing or potential regulatory risks.

In addition to that, we review the vital elements of your internal control and processing systems to identify critical risk areas to be mitigated as well as provide recommendations for improvements.

FINANCIAL PROJECTIONS REVIEW We understand the importance of properly planned financial projections for businesses in ensuring the feasibility and viability of implementing their strategies as well as maintaining long-term sustainability. For this purpose, our Financial Projections Review service conducts assessment on your financial projections, assisting you to plan your financial requirements strategically in a practical and realistic manner thus enabling you to accomplish your objectives.

KHR Assurance Services

Our Service Offerings
FINANCIAL DUE DILIGENCE KHRs Financial Due Diligence Services provides you with an independent and professional perspective on the potential acquisition encompassing its strategic and financial aspects. Through our comprehensive review, in-depth analysis and unbiased advice on its financial position, performance and prospects as well as critical success factors in the context of its industry and market conditions, we aim to enhance your understanding of the target companies enabling you to make the right decision on the proposed investment.

FINANCIAL INVESTIGATION Through our Financial Investigation services, we are involved in obtaining, collating and analysing information to help you make the best decisions on specific transactions or segments of your business. We assist you in investigating and evaluating financial discrepancies and improper business conducts to reduce the risk of fraud and disputes as well as providing independent and professional advice on handling these sensitive matters confidentially.

OTHER SPECIAL PURPOSE ASSURANCE AND INVESTIGATION ASSIGNMENTS In ensuring credibility and quality financial information, our Special Purpose Assurance and Investigation services are designed to assess and attest to the specific parts of the information to ensure its accuracy and in adherence to the requirements.

KHR Assurance Services

Our Service Offerings
IT AUDIT AND RELATED TECHNOLOGY SERVICES
Information system audit
The audit includes a review of the auditees accounting and overall information system to ensure all the information systems output is reliable to support the external auditors audit opinion on the financial statements of the auditees;

Information system control review

This includes independent review of the information system employed by the auditee to ascertain whether adequate controls have been established by management to ensure that the information system infrastructure and applications are meeting the auditees business needs and operating effectively and efficiently. This includes both general and specific controls employed in the information system use and the protection of information assets. An assessment of the entitys information delivery process is also part of this review process;

Review of information system support

This includes a review of the availability of continuous support for both the entitys hardware and software from its vendors and suppliers;

Review of system and infrastructure life cycle

This includes a detailed review of the system and its infrastructures life cycle to ascertain the need for further capital expenditures to support future expansion and development requirements; Review of information system, its disaster recovery plan and business continuity plan. This include a review of the auditees business continuation plan and disaster recovery plan and testing these plans to ensure they are in good working condition;

KHR Assurance Services

Our Service Offerings
Providing specific purpose written information system program to solve clients issues. This includes provision of specific purpose written software to resolve clients accounting and management issues including customizations of accounting systems, recommendations for improvising the information system in use and other upgrades including best practices of reconciliation works and management solutions. Included herein is our customization service for clients requirements to ensure all information system acquired can be utilized based on the clients individual needs and preferences;

Business process re-engineering

This includes a review of the clients existing business processes and identifying improvisation possibilities. Business reengineering process shall also involve benchmarking against the individual industrys best practices;

Outsourcing services
Amongst the outsourcing services that can be provided includes the outsourcing of general and specific accounting services. General accounting services includes the maintenance of a full set of accounting records and also the production of financial statements (in compliance with FRS Standards) derived from a set of trial balance already prepared by the client. This form of compilation shall be extremely useful for larger corporations who presently lack the expertise to produce FRS standardscompliant financial statements for its auditors to perform their annual audit. The specific accounting services include the provision of outsourced payroll preparation for the management. This is extremely useful in companies with a high number of staff performing various functions with variable pay brackets i.e a factory with many staff including overtime pay;

KHR Assurance Services

Our Service Offerings

Change Management
This involves assisting clients in succession planning, settlement and transition management. This includes advisory roles in impending changes and realization of values from improvisations and its preparations. We also assist the clients where they wish to establish a clear and concise policy regarding its succession planning and processes. Including herein is the remuneration packages and settlement terms for the respective parties including in cases of partnerships, their repayment terms; and

System integration services

This includes services for systems integrations when clients require two or more systems to be integrated and merged. This may involve SAP systems or other systems deployed by the clients.

KHR Taxation Services

s we move towards a globalised marketplace, the formulation and

implementation of new regulations imposed on corporate and individual taxpayers creates challenges for them in ensuring compliance with the regulatory obligations.

In understanding the complexities involved in managing your various tax requirements, KHR is committed to assist and provide support to you in ensuring timely compliance. In addition to that, we will also identify and optimize tax-saving opportunities as well as minimising potential liabilities.

We believe that by ensuring that your taxation needs are properly taken care of, it allows you to focus your attention on other core areas of your business and personal responsibilities.

KHR Taxation Services

Our Service Offerings

hinking out of the box, we strive to offer personalised counsel and tailor-

made solutions to meet the your specific yet distinct needs. Utilising our knowledge and experience, our approach will be to develop and implement personalised, systematic and innovative solutions that will address your critical tax requirements. Our team members are dedicated to enhance and add value to our service offerings by facilitating you to increase your understanding on taxation matters as well as ensuring that our tax strategising efforts contribute towards maximising your enterprise value.

We facilitate you to maximise value through : TAX ADVISORY

Corporate & Individual Tax Planning Cross-border Taxation Strategy Tax Risk Management Incentives

TAX MANAGEMENT
Income Tax Withholding Tax

INDIRECT TAXES
Sales Tax Service Tax Stamp Duties

KHR Taxation Services

Our Service Offerings
TR SCAN
TR Scan is our own developed product created to review and analyse your tax position. This includes both personal tax and other entities including corporations, foundations and others. TR Scan will provide a preliminary diagnostic of the issues requiring attention and we will then proceed to assist you to address tem. TR Scan works on risk-based approach.

TAX ADVISORY
The complexities of fiscal changes and complications arising from taxation matters pose as challenges for individual and corporate taxpayers in adhering to their increased regulatory obligations. While this can be burdensome to many, we believe that these challenges can be overcome through in-depth understanding of the specific tax issues and requirements, careful and strategic planning as well as innovative approach to finding solutions in mitigating your tax risks. Our Tax Advisory services comprises of Individual and Corporate Tax Planning, Cross-Border Taxation Strategy, Tax Risk Management, and Incentive planning. We deliver tailored solutions to address your tax needs in our aim to optimise your tax position and reduce the impact of tax liabilities.

KHR Taxation Services

Our Service Offerings
TAX MANAGEMENT
Compliance is an integral element within the core of all our taxation activities. KHRs Tax Management services, comprising Income Tax, Withholding Tax and Real Property Gains Tax (RPGT) concentrates on increasing the effectiveness of your business process by ensuring its adherence to the regulatory requirements of your tax obligations as well as its timelines to the critical deadlines as specified by the authority. Encompassing all aspects of compliance, our services range from preparing and coordinating the submission of tax return forms, to managing your liaison with the Inland Revenue Board of Malaysia. We leverage on our knowledge and experience to the your advantage by providing strategic advice on identifying and securing tax savings as well as managing risks, thus enabling you to benefit from a more organised and effective tax procedure.

INDIRECT TAXES
It is often that indirect taxes such as sales tax and service tax were being overlooked as causing impact on businesses. Due to the expanding global marketplace, fiscal changes including indirect taxes will result in major cost burdens and regulatory compliance issues. To overcome these challenges, our Indirect Tax services, encompassing Sales Tax and Service Tax as well as Stamp Duties will assist you in managing and controlling indirect tax risks and compliance in the local as well as international level. Working proactively with you and understanding your specific industries, we also facilitate you in your indirect tax planning efforts, seeking opportunities for incentive schemes and identify problem areas for rectifications in order to help you reduce your liabilities and maximise your tax saving opportunities.

KHR Strategic Services Our Other Services Offerings

ENTERPRISE RISK MANAGEMENT

Our risk management framework focuses on the enterprise wide risk identification, assessment and control measures that would assist you to improve your organisations risk management approach in enabling your organisation to achieve its corporate objectives. In addition to that, we provide recommendations for improving your risk management processes by encouraging risk awareness among your team members as well as enhancing the sharing of risk related information. Through our approach, we aim to enhance your enterprise and shareholder value through improved business performance by having better risk management.

INTERNAL AUDIT
We believe that the strategic and risk-based approach adopted by our internal audit professionals will help you to improve performance and operating efficiency, whilst maintaining risks at a tolerable level. With close collaboration with you, our Internal Audit approach can be structured to suit your unique and specific business needs. Our range of available approaches are : Setting up of the Internal Audit function within your organisation Total outsourcing of the Internal Audit function Assisting your Internal Audit department through co-sourcing of the specific functions in the Internal Audit Department. Independent assessment and quality review of your existing Internal Audit Department

By combining our knowledge, technology and experience, you would be the beneficiaries of greater assurance with a deeper insight into matters pertaining to improving your corporate governance and the control processes in your organisation.

KHR Overview A Partner in Strategic Excellence

he rapid pace of globalisation and the advancement of

technology has

transformed the local and international business landscape. For enterprises, this creates opportunities for them to thrive and succeed. However, rapid changes can also pose as challenges for them in keeping up and maintaining their competitive edge. With this in mind, we believe it is our commitment to assist and facilitate you to accomplish your business objectives, maximise your enterprise value and operate in accordance with the prevailing relevant legislations. Since our inception in 1992, KHR has established its presence in the corporate community and emerged as one of the leading business professional firms in Malaysia. Our team comprises of highly skilled and dedicated professionals with offices located in the northern, central and southern region of Peninsular Malaysia. Within the past decade, our growth had been immense and we have since built on our knowledge, diversified our areas of expertise and maximised our human capital. Our focus has always been on our clients as well as the industries within which they operate. This has strengthened our ability to provide integrated business advice and services in Strategy, Assurance and Taxation by linking our strategic business solutions with value-added offerings that enhances our clients overall enterprise value. We have worked with some of the most reputable and dynamic companies in Malaysia and are proud of the opportunities to provide our contributions as part of the nations engines of growth. We believe that our experience, knowledge and exposure in the broad spectrum of business locally and globally would be valuable to guide and facilitate our clients in achieving success in their ventures as well as improving their competitive edge.

Our Present & Past Clients A Partner in Strategic Excellence

Lebar Daun Group of Companies

Island & Peninsular

Our Present & Past Clients A Partner in Strategic Excellence

Our Present & Past Clients A Partner in Strategic Excellence

Our Present & Past Clients A Partner in Strategic Excellence

Our Present & Past Clients A Partner in Strategic Excellence

(Audit Bureau Circulation)

Our Team The Partners

Ahmad Khairuddin Mat Salleh

Managing Partner [email protected]

Ahmad Khairuddin is an accountancy graduate from University Kebangsaan Malaysia. Presently he is a member of the Malaysian Institute of Accountants (MIA) and CPA Australia. Over the years, Ahmad Khairuddin has obtained and developed vast assurance and compliance skills and experience to provide the core services of the firm to a wide range of clients, focusing on government agencies and government-linked companies. His other clients are involved property development, construction, services, cooperative societies, associations, and non-profit organisations. He is also involved in professional development activities of KHR. Ahmad Shahrul Hj. Mohamed Partner [email protected] Shahrul is the partner in charge of the firms operations. A graduate from Universiti Utara Malaysia with a degree in Accounting, he is a member of the Malaysian Institute of Certified Public Accountants (MICPA), Malaysian Institute of Accountants (MIA) and Certified Information Systems Auditor (CISA). Shahruls extensive audit experience, includes audit involvement in industries such as banking and financial institutions, airlines, insurance, stock broking, transportation and logistics, property and trading, and manufacturing. Shahrul was also involved in several proposed initial public offerings exercise and investigative audit assignments.

Our Team The Partners

Ahmad Razi Mohd Noor Partner [email protected] Ahmad Razi , a member of the Malaysia Institute of Accountants (MIA), CPA Australia and he is responsible for the operation and development of the firms practice in Alor Setar. He has over 10 years of experience in auditing, taxation and business advisory. Prior to being a partner of KHR, he founded his own firm based in Alor Setar for about 6 years. His experience include auditing and tax consulting for clients involved in various sectors such as manufacturing, trading, property development and construction. Ahmad Razi is also involved in various restructuring, due diligence, internal control reviews and investigative audit assignments. Ahmad Razi is currently a committee of MIA Kedah/Perlis branch.

Mohd Arif Haji Yusa Partner [email protected] Mohd Arif is responsible in managing our Melaka office operations and has experience in public practice since 1987. He holds an Advanced Diploma in Accountancy from ITM, is a member of the Malaysian Institute of Accountants (MIA) and CPA Australia. He specialises in Public Sector Accounting Management and has vast experience in financial audit assignments for government organisations and agencies, higher learning institutions as well as private corporations. In addition to that, he is also involved in assignments such as in business evaluations and internal control reviews. Mohd Arif actively participates in professionals bodies and NGOs, holding various positions such as the Treasurer of MIA Melaka branch, Chairman of the Anti Smoking Campaign Supporters Club, Malacca, and the Treasurer of the Malaysian Council for Academic Publications (MAPIM), Central Malacca.

Our Team The Partners

Tengku Shahrizanny Tengku Abdullah Partner [email protected] Tengku Shahrizanny is responsible for managing KHR office in Kota Bharu. He holds a Bachelor in Accountancy degree from UKM. He joined KHR upon graduation in 1994 and was attached to the Kuala Lumpur office where he rose through the ranks to the position of Audit Senior. In 1997 he was entrusted to manage the-then newly established Kota Bharu office. Tengku Shahrizanny is a member of the Malaysian Institute of Accountants (MIA) and CPA Australia.

Our Team Technical and Practice Advisors

Ms Nurmazilah Mahzan CPA(M), CIA, CFP Advisor

Ms Nurmazilah Mahzan CPA(M), CIA, CFP commenced her career with Arthur Andersen 1993 and subsequently joined KUB Malaysia as Group Accounts Manager.
Her corporate experience encompasses various industries such as property and construction, banking and unit trust as well as trading and manufacturing. While studying for her MBA, she decided to leave the profession and entered the academia where she embarked into few research projects in the areas of auditing and corporate governance. She recently completed her PhD with her thesis outcomes on the model of CAATs Adoption by internal auditors in the UK. She acts as the Firms technical advisor in the fields of accounting and technical developments, advancing information technology (IT) use in auditing and accountancy, practice reviews and other general matters.

The KHR Group Our Offices

Alor Setar Office

124 Tingkat 2, Kompleks Alor Setar Lebuhraya Darul Aman 05100 Alor Setar, Kedah Telephone : 04-733-9782 Facsimile : 04-730-9353 Email : [email protected]

Kota Bharu Office

PT 65H-3, 1st Floor Jalan Bayam, 15200 Kota Bharu Kelantan Telephone : 09-741-9556 Facsimile : 09-741-9557 Email : [email protected]

Kuala Lumpur Office

B-5-7 Megan Avenue II 12 Jln Yap Kwan Seng 50450 Kuala Lumpur, WP Telephone : 03-27107717 Facsimile : 03-27107727 Email : [email protected]

Melaka Office
No. 20 Jalan TU 42, Taman Tasik Utama Ayer Keroh, 75450 Melaka Telephone : 06-2316617 / 2316618 Facsimile : 06-2316619 Email : [email protected]

Visit us at:

http://www.khr.com.my