Preliminary Financial
Assessment
Gain Financial Clarity Before Making Strategic Decisions
Years Of Experiences
Successful Clients Worldwide
Services Provided
Preliminary Financial Assessment
Understand Your Financial Position Before Moving Forward
A Preliminary Financial Assessment provides an independent, high-level review of your company’s financial reporting, performance metrics, and internal control environment. It is designed to surface potential issues early, assess the reliability of financial information, and provide management with a clearer understanding of the business’s current financial standing.
Through structured review and analysis, this assessment highlights key gaps, risks, and improvement opportunities across reporting, processes, and financial performance. It supports informed decision-making before deeper audits, system changes, restructuring, or strategic initiatives, ensuring the next steps are based on accurate insights rather than assumptions.
Strengthening Accounting Accuracy and Reporting Foundations
Financial Review & Advisory
Our Financial Review & Advisory focuses on assessing the accuracy, structure, and reliability of your financial reporting, with particular attention to month-end closing quality. We review existing accounting systems, reporting frameworks, and management reports to understand how financial information is prepared, presented, and used for decision-making.
Through high-level analysis of the balance sheet and profit and loss statements, we identify discrepancies, irregularities, and areas for improvement within current practices. Based on our findings, we provide practical recommendations to enhance reporting clarity, standardization, and automation, helping management achieve more consistent, reliable, and decision-ready financial information.
Turning Financial Data into Performance Insights
Financial Analysis & Forecasting
Our Financial Analysis & Forecasting focuses on translating financial data into clear performance insights that support management decisions. We review key performance indicators, revenue trends, and profitability metrics to assess how the business is performing over time and where improvements or risks may exist.
- Review of performance metrics (KPIs) and trends, ie, Revenue by Category, Year-on-Year (YoY), Revenue growth, Customer Acquisition Cost, Average revenue per participant and KPIs applicable to your companies
- Standard financial metrics, ie, Gross profit margin, Earnings before interest, tax, and amortization (EBITA), Cash conversion cycle, Debt to equity ratio, Profit after tax (PAT), Return on equity (ROE), Current ratio and metrics applicable to your companies
- Advisory input on financial forecasting
Identifying Control Gaps and Operational Risks Early
Internal Controls Assessment
Our Internal Controls Assessment focuses on evaluating the effectiveness of existing finance workflows, accounting processes, and documentation flows. We review how financial activities are executed in practice, including billing processes and approval structures, to identify gaps, inefficiencies, and areas where controls may be weak or inconsistent.
- Review of existing finance workflows, accounting processes, and documentation flow, ie, review of existing internal company billing processes
- Identification of process gaps, inefficiencies, and risks within current finance operations
- Identification of control weaknesses
- Recommendations for internal control enhancement and risk mitigation
- Recommendations for automation or workflow optimization
Clear Financial Insights, Presented with Purpose
Reporting & Presentation
Following the assessment, we consolidate our findings into a structured summary report that presents key observations, analytical insights, and identified risk areas in a clear and practical format. The report is designed to support management’s understanding of the current financial position without unnecessary complexity or technical jargon.
We also present proposed financial solutions and recommendations in a way that highlights priorities, implications, and next steps. This ensures stakeholders can quickly interpret the findings, align on actions, and use the insights as a foundation for informed decision-making and future planning.
Got any questions?
Frequently Asked Questions
What is a Preliminary Financial Assessment?
A Preliminary Financial Assessment is a high-level review of financial reporting, performance, and internal controls to identify key risks, gaps, and improvement opportunities early.
How is this different from a full audit or detailed financial review?
This assessment focuses on high-level insights and practical observations rather than detailed testing or statutory audit procedures, making it faster and more cost-effective.
Who should consider a Preliminary Financial Assessment?
It is suitable for growing businesses, management teams, or organisations seeking clarity before audits, restructuring, system changes, or strategic decisions.
What information is required to conduct the assessment?
Typically, recent management reports, financial statements, accounting process information, and access to relevant finance workflows are required for review.
What outcomes can we expect from the assessment?
You will receive a summary report outlining key findings, risk areas, and actionable recommendations to improve financial clarity, controls, and decision-making.
Our Services
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Accounting & Bookkeeping
We manage your accounts with precision and clarity, keeping your financial records accurate, compliant, and ready for confident decision-making.
Payroll Management
Simplify salary management with automated, compliant payroll solutions that ensure accuracy, confidentiality, and timely disbursement.
Company Secretarial
Stay compliant with local regulations through our efficient company secretarial support — from filings to corporate governance.
Business Advisory
We help business owners gain financial clarity and control by modernizing operations with financial diagnostics, cash flow forecasting, valuation, and strategic support for growth, restructuring, or M&A decisions.
Virtual CFO
We provide business owners ongoing financial clarity through structured reporting, forecasting, and analysis, acting as your extended leadership team to manage cash flow and guide confident decisions—without a full-time CFO.
E-invoice Implementation & Training
Get ready for Malaysia’s e-invoicing rollout with our hands-on training and seamless setup support for full compliance.
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Lasting Together.
Whether you’re a growing SME or a large corporation, CKP is here to provide the
financial clarity and strategic guidance you need to move forward confidently.