Unaudited Report Service

In accordance with Practice Directive 10/2024 issued by SSM, to facilitate the transition into the new audit framework, the threshold criteria for audit exemption will be implemented via a phased approach over a period of three (3) years.

The thresholds for revenue, assets and number of employees will increase incrementally as follows:

Financial Periods and Thresholds

Year	2025 (Phase 1)	2026 (Phase 2)	2027 (Phase 3)
Financial Period	Commencing on or after 1^st January 2025 until 31 December 2025	Commencing on or after 1^st January 2026 until 31 December 2026	Commencing on or after 1^st January 2027
Submission Year	Beginning from 1 January 2026	Beginning from 1 January 2027	Beginning from 1 January 2028
Thresholds	Turnover: RM1,000,000 Assets: RM1,000,000 Number of Employees: 10	Turnover: RM2,000,000 Assets: RM2,000,000 Number of Employees: 20	Turnover: RM3,000,000 Assets: RM3,000,000 Number of Employees: 30