Finance & Accounting
We keep your books in order and make available information on a real-time basis. Our essential work will include data entry, cashbook management, bank reconciliation, general ledgers, trial balance and final accounts. We focus on clearing backlog cases to ensure the accuracy of records. Our consultants will guide you and your people in handling accounting functions with “do it right for the first time” method. We conduct a check and balance test in every transaction as we do a walkthrough process. To run a smooth operation, all organizations in matters of size, need to implement budget and cash flow forecast. This will guide the business to drive at the optimum level. It will also help to shift the business movements following the market change.
We advise our clients to adopt the appropriate methods during business operations on an individual basis. We specialize in legal accounting which is governing the Solicitor Account Rule. A proper client account management such as disbursement, stakeholders and other legal deposit to comply with statutory regulation due to the latest amendments.
Our advisory work also includes tax planning as well as compliance with other government regulatory such as Customs, Withholding taxes, Export of services claims, etc. We also involved in market analysis work and grant applications apart from business and assets financing.
Internal Audit
This is another area that not only MNCs but also SMEs and even sole proprietors should be focused on. We conduct a comprehensive internal audit to ascertain the actual process flow and ensure that it complies with the required guidelines. Our principal consultant will make recommendations to business owners on how to improve controls on every movement in the business. This will eliminate the misappropriation of job functions. From here, SOP’s can be built to meet administration requirement.
Corporate Secretarial Services
Our services include setting up a business registration and maintaining their statutory records up to date. During the business activity period, we ensure all filings and lodgments to SSM is properly adhered with the Companies Act 2016. Although the new changes in CA 2016 took place in February 2017, we are still educating business managers on the latest methods and forms.
We execute and advice clients on share acquisition and transfers, appointment and removal of directors, filing of financial records and other statutory requirements. We also manage private limited companies, holding companies, enterprises and PLT or Limited Liability Partnerships.
Although we assist business owners to maintain their companies, however in some instances that business has to come to an end for some reasons. This is where we provide winding up services and striking off companies to relief the shareholders and directors from their liabilities. The exit procedure of a company must be properly done to ensure a smooth transition takes place.
Due Diligence, Mergers & Acquisition
TWC provides Financial Due Diligence services for clients who wish to acquire or plan to merge with another organization. We specialize in the financial sector and because this is the most popular area where one needs to look into seriously. We track old records and match them to future planning and potential development. By doing this, the new shareholders will be able to focus on improvising a sector and knows what is coming in future.
Sudden Financial surprises are what a new business wish to avoid. To value add our services, we will assist the new team in operation for the next 6 to 12 months with no charge. Why? Because we don’t want any failure in business.
Risk Thinking & Management
Business is exposed to risk at any time but not all risk is bad. We need to assess them carefully before making judgments. What is needed to be done is risk factors are leveraged at some point of time. So, that there is a benchmark. Our consultants will guide clients to leverage on bad risks so opportunity cost is not missed. Risk management also could be applied to human capital services. Fundamentals of risk are particularly important for everyone before making any decisions.
Exit Plan Management
Heard about cutting your losses? Before a business goes into deep trouble, we always plan their exit from the market without being burned completely. We believe business must be practical rather than theory or sentimental value. Some business owners may have a great fantasy about their ventures and keep funding without realizing they are burning themselves.
This is not healthy, and that is the reason we are here to tell you to save everything before it is too late. Many SMEs have this problem and end up with huge debts and even bankruptcy. At TWC we provide EPM to all new and existing business.
Process Flow Mapping
We normally get caught off guard on certain days when employees or operators of certain job functions do not turn up to work for some reason. Under certain circumstances, the other employees are unable to operate because they are not sure what is the status of the job. Now, with a process flow mapping not only anyone could handle the job but they would also be able to find a possible solution for any type of production. This would eliminate opportunity cost and maximize output at the same time. Meaning, you can continue operation without the driver, just by having a remote control access method.
Standard Operating Process
This is the ultimate manual that all organizations should have in the current world. Not only designed for businesses but also for the non-operational or non-profitable organizations. It creates an automatic standard for any job function that an employee performs. Not limited to the working class but also includes setting a benchmark for businesses. Most multinational organization use this manual to obtain their ISO certification. A client would have more confidence in dealing with an organization that has fully controlled measurements. It is also created to win big contracts by showing that your organization is above the average mark.
Human Resource Management
Some of the work that we encompass includes recruitment, retention & resignation of employees, creating organizational charts, managing employee communications, creating benefits programs, navigating government regulations, setting up policy and programs for measuring performance, compensation & benefits as well as training & development programs.
We note that the IT revolution has empowered organizations and every individual as a whole, whilst the critical difference of leading-edge organizations that want to stay ahead in the new economy will be the ability to manage their content to stay focus and competitive through the volatile global economy. We also facilitate businesses and companies to improve the bottom line. Positioning for long-term growth through the design and delivery of appropriate IT / HR Consultation and Human Capital Management Innovations. It is our passionate commitment to partner with our clients to help achieve success in the area of human resource management and strategic management.
We work closely with our clients to develop performance-based solutions aimed at ensuring long-term success. We recognize that every client is unique and demands personalized focus with appropriate solutions. Therefore, our recommendations and the solutions we deliver are customized to the specific needs and requirements of the client. Our consultants are highly experienced and qualified professionals who have undertaken consultancy assignments for clients in diverse industries, from MNC’s to SMEs, listed companies, trade and industry associations to organizations.
Human Capital Management
The services provided are as follows:-
- Consultantcy in HR
- Outsource Payroll / HR Function
- Develop (policy / handbook)
- Market Research on Salary / Products etc.
Restructuring
TWC helps you restructure your business to ensure its long-term viability, by establishing optimum workforce levels in the face of the risks inherent to the sector. We will advise on the best operating and management systems for our clients, to ensure the success of the organisational restructuring.
Administration
General administrative needs of the client’s business. Our administration management includes guiding managers and department heads to lead a healthy workforce by selecting the best and only appropriate workflow adoption. Thanks to our consultant who were trained in the ISO procedures to eliminate wastage and maximize production output.
Procurement
Liaising with third parties, vendors and suppliers to obtain price quotation and co-ordinate orders and delivery. Guiding and analyzing the funds are spent on the quality requirement for an organization.
Systems implementation
We ensure work and business planning is well accepted for an organization before an operation takes place. We schedule each work carefully to maximize business needs to achieve the targeted forecast of a business. This helps businesses to switch gears if the necessity arises within a short time.
Workflow implementation
We adopt a flexible workflow system that suits the business most. In the time of need, we may need to alter and move the system to a more suitable situation to achieve a target.
IREV4.0 Adoption & Transformation
In tune with today’s job-market orientation/demands and the corresponding digital adoptions, TWC also offers (all our core services above) in DIGITAL mode ensuring partial or total DIGITAL TRANSFORMATION through training (theory and immediate take-away applications a workplace) and consultations related to:-
- Consultantcy in HR
- Outsource Payroll / HR Function
- Develop (policy / handbook)
- Market Research on Salary / Products etc.
TW Boardroom SDN BHD
Incorporation & Setting Up of Your Company and Business Structure
- From incorporation and regulatory reporting to corporate advisory, we help companies big and small handle their legal compliance with our corporate secretarial services Whether you are a startup, growing private company or a multi national firm looking to establish, we can help to get your business started right
- Incorporation of private limited companies in accordance with the Companies Act 2016
- Registration of foreign companies
- Registered office or correspondence address
- Other corporate secretarial services
Regulatory Compliance Reporting
We help companies stay compliant with every aspect of business regulations in Malaysia.
- Annual Return compliance with Company Act of Malaysia 2016
- Acting as your filing and process agents
- Proper maintenance of statutory registers and records
- Effective reporting to registrar (SSM) of any alterations or corporate structures changes
- Preparation of board and shareholders’ resolutions
- Attendance and minutes recording at board and shareholder meetings
Restructuring and Cessation of Companies
Ceasing your business doesn’t have to be a hassle, we help with:
- Advice and assistance with striking off and members’ voluntary liquidation of companies