Nov 10 2009, 07:19 AM
QUOTE(accetera @ Nov 7 2009, 01:38 AM)
Auditors in Malaysia
based on the top 40 largest (by marketcap) public listed Malaysian companies
# Number of clients
1. PricewaterhouseCoopers = 17
2. Ernst & Young = 13
3. KPMG = 5
4. Moores Rowland Malaysia = 2
5. BDO Binder = 1
6. HLB Ler Lum = 1
7. Deloitte Malaysia = 1
Remarks:
(1): No. 5, 6 and 7 are equal on number of clients, so ranking is based on the size of the client.
(2): PwC takes half of the 10 largest companies.
(3): Some auditors may not be the Malaysian member firm. The clients may engage auditors of the same verein based overseas as their main auditor and reporting accountant.
(4): The clients are components of the top 40 largest publicly-traded companies in Malaysia by market capitalization as of Sept 2009.
(5): The clients are of various industries, some of which are affiliated to one another by equty holdings or similarity of stakeholders.
(6): The top 3 auditors will continue to dominate in the event a larger amount of large companies are taken into account.
(7): Despite the above, the ranking is NOT a good indicator of the largest auditors in Malaysia due to audit fees being charged on the client's turnover and not market capitalisation. Other reasons include inability to compute the total clients, large local and foreign corporations that are not listed, not all subsidiaries of the client are audited by the main auditor, the other functions within the audit firm such as taxation, advisory, etc, outsourced jobs, and other factors. Certain audit firms specialised in different key functions and type of industries.
Back in 2007:
Correction / Update: the Bold Moores Rowland is being changed name to Mazars Malaysiabased on the top 40 largest (by marketcap) public listed Malaysian companies
# Number of clients
1. PricewaterhouseCoopers = 17
2. Ernst & Young = 13
3. KPMG = 5
4. Moores Rowland Malaysia = 2
5. BDO Binder = 1
6. HLB Ler Lum = 1
7. Deloitte Malaysia = 1
Remarks:
(1): No. 5, 6 and 7 are equal on number of clients, so ranking is based on the size of the client.
(2): PwC takes half of the 10 largest companies.
(3): Some auditors may not be the Malaysian member firm. The clients may engage auditors of the same verein based overseas as their main auditor and reporting accountant.
(4): The clients are components of the top 40 largest publicly-traded companies in Malaysia by market capitalization as of Sept 2009.
(5): The clients are of various industries, some of which are affiliated to one another by equty holdings or similarity of stakeholders.
(6): The top 3 auditors will continue to dominate in the event a larger amount of large companies are taken into account.
(7): Despite the above, the ranking is NOT a good indicator of the largest auditors in Malaysia due to audit fees being charged on the client's turnover and not market capitalisation. Other reasons include inability to compute the total clients, large local and foreign corporations that are not listed, not all subsidiaries of the client are audited by the main auditor, the other functions within the audit firm such as taxation, advisory, etc, outsourced jobs, and other factors. Certain audit firms specialised in different key functions and type of industries.
Back in 2007:
Quote
miles away ahead of us in Malaysia ehh 
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