Category: Blog

kiatassociates May 18, 2020 0 Comments

Almost every business is reorganizing its operations in response to the economic slowdown caused by the Covid-19 pandemic. Often, companies take a top-down approach to resizing based on a limited set of data such as earnings forecasts and competitive benchmarking. But following this playbook usually results in “wrong sizing” and demoralized employees. Instead, leaders should […]

kiatassociates May 17, 2020 0 Comments

As COVID-19 continues its advance, it is showing that much that we believed was wrong. Things that seemed impossible a few months ago have suddenly come to pass. As it turns out, thousands of businesses, universities, and other organizations can pivot to a totally virtual environment in days, not years. Societies divided by politics and […]

kiatassociates May 11, 2020 0 Comments

We have heard a lot about contributing to Employees Provident Fund (EPF) – a compulsory retirement fund for those employed set up by our Malaysian government, whereby employers will deduct a percentage of 7%-11% from employees’ salary while contributing additional part of 12%-19% to this retirement fund as a benefit to their employees. As the […]

kiatassociates May 7, 2020 0 Comments

The start of the year 2020 is the beginning of a new order; a new normal. The world is in panic over a pandemic. The coronavirus disease is leaving behind permanent changes on how we live our daily lives and posing new challenges on how we do business but the economic impact is yet to […]

kiatassociates May 1, 2020 0 Comments

The COVID-19 crisis is a systemic shock to the global economy that has affected all organisations. The long-term impact on the global economy and our working lives at the time of writing remains impossible to calibrate precisely. Nonetheless, there is a clear narrative from ACCA’s global data of the impact of COVID-19 so far on […]

kiatassociates April 28, 2020 0 Comments

Following the Movement Control Order (MCO) due to Covid-19 in Malaysia which has started since 18 March 2020, the regulatory bodies for businesses in Malaysia have approved extension on important deadlines on lodgement of business documents. Financial Year End EOT for lodgement of documents 30 September 2019 31 July 2020 31 October 2019 31 August […]