Transparency Report 2025

At KPMG in Malaysia, trust is central to how we serve the public interest and support confidence across the broader business ecosystem. The KPMG in Malaysia’s Transparency Report 2025 reflects our continued commitment to quality, accountability, integrity, and excellence. It also highlights key developments in audit and assurance, underpinned by strong governance and a robust System of Quality Management (SoQM).

As the environment continues to evolve, we remain focused on adapting our approach to stay ahead of change while upholding the highest standards of transparency and quality. This report demonstrates our ongoing commitment to progress—strengthening ESG assurance, investing in our people and technology, and applying a multidisciplinary approach to deliver consistent, fit-for-purpose outcomes for our stakeholders.

One of the highlights this year is the continued evolution of KPMG Clara, our global smart audit and assurance platform, now enhanced with AI agents and generative AI capabilities. These advancements are reshaping audit work by improving the precision and consistency of risk identification, automating elements of testing and documentation, and surfacing insights earlier in the process. As a result, our professionals can spend less time on routine validation work and more time applying judgement, challenging assumptions, and focusing on higher-risk areas that require deeper scrutiny.

For more in-depth information, we invite you to explore the report and learn how we continue to strengthen trust and deliver reliable, high-quality outcomes that our clients can depend on.

Transparency Report 2025 - Malaysia

Driving trust through quality

Download the report

The System of Quality Management Statement of Effectiveness

As of 30 September 2025

As required by the International Auditing and Assurance Standards Board (IAASB)’s, International Standard on Quality Management, ISQM 1, Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements, Malaysian Approved Standard on Quality Management, ISQM 1, Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements and KPMG International Limited Policy, KPMG in Malaysia (the “Firm”) has responsibility to design, implement and operate a System of Quality Management for audits or reviews of financial statements, or other assurance or related services engagements performed by the Firm.

The objectives of the System of Quality Management are to provide the Firm with reasonable assurance that:

a) The Firm and its personnel fulfill their responsibilities in accordance with professional standards and applicable legal and regulatory requirements, and conduct engagements in accordance with such standards and requirements; and

b) Engagement reports issued by the Firm or engagement partners are appropriate in the circumstances.