Whether you are looking for comprehensive maintenance of your accounting books and records or a tax agent to submit your tax return, I am a Chartered Accountant ready to provide you with services designed to add value to your business. My aim is to alleviate your concerns regarding the accounting and administrative side of your business and free you up to have more time to focus on what you do best! Typically I work with start-up and small to medium enterprises based in Kuala Lumpur. I have a very unique perspective of providing advisory services that comes from my 14 years of experience not only as an accountant, but working with small to large businesses as a director, group accountant, manager with a big 4 audit firm and turnaround manager. My experience has provided me with opportunities to work in a variety of industries including: manufacturing, consumer products, software, retail, technology, distribution, plantation, banking, property development, trading, shipping and freight forwarding. My accounting services and business advisory consulting specialties include: Audit & Assurance Corporate Secretarial Tax Services GST Advisory Services Administrative Outsourcing Accounting Services Financial Analysis Email me at okpgst@gmail.com and see how I can add value to your business.

1. OKP GROUP
AREYOU READYFOR GST?

2. |
Contents
▪About Us
▪Our Team Members
▪Preparation for GST
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About OKP Group
OKP consists of a network of independent chartered
accounting firms, secretaries firm, licensed tax agents and
business advisers. At OKP, you are being served by the
combined experience of more than 30 years of providing
efficient, cost effective, accurate and high quality
professional services. We are more than just accountants.
We set out to understand all aspects of your business so
as to enable us to advise you on matters which we
consider may increase operational efficiency, profitability,
or tax efficiency. On any assignment given to us, it is our
practice to inform you our recommendations for improving
your internal controls, business processes and operating
procedures.
You can free up your time to concentrate on your core
business activities by engaging us to add value to your
business through the following services offered to you:
To deliver on this promise, the company either employs or
partners with hundreds of Subject Matter Experts (SMEs)
assisting clients with services such
> Audit & Assurance
> Corporate Secretarial
> Tax Services
> GST Advisory Services
> Administrative Outsourcing
> Accounting Services
OKP Group employs the best and brightest in the accountancy field, backs them up with proven processes, and maintains an overall focus on the business relationship we have with our clients.
Our clients mainly consist of small to medium size enterprises. We provide the perfect combination of people, process, and service. Ask us for references. You’ll find our clients stay with us, because we deliver results and stand behind our work. Through detailed reporting, professional best practices, and guaranteed service levels, OKP Group continues to grow and enjoy lasting relationships with its clients.
We have an office in Bandar Sri Menjalara, Kuala Lumpur, along with an extensive network of local affiliates specializing in different fields. This enables us to deliver complete range of services to our clients in different industries. At the heart of our success is the practice of working closely with our clients to provide creative, strategic, and development services that assist them in meeting their business objectives.
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4. |
What We Do
At OKP Group it is important to know what that company is
all about: What products the company sells; what services it
offers; what the company does. But, it is equally important to
know who the company is: What are the company’s values?
What is the company vision? What direction is this company
moving toward?
Our people are our most important and valuable asset. We
passionately pursue trust relationships with our employees,
partners, and clients. We work to ensure the success of our
company by ensuring the success of our employees. OKP
Group constantly offers opportunities to our employees,
such as education services and industry certifications. We
provide the proven skill and industry knowledge to our
clients, ensuring high-level and low-cost solutions.
OKP Group's primary focus is directly on the people we hire
to serve the companies we support. No matter where you
are located or what your challenge is, OKP Group Services'
team can help embrace your goals.
Audit & Assurance
>
Auditing historical financial statements for statutory and non- statutory purposes
>Agreed upon procedures tailored to your specific needs
>Review and compilation of financial statements
Accounting & Outsourcing Services
>Bookkeeping and management reporting, particularly for those require accurate and on-time monthly reporting of management accounts
Corporate Secretarial
>Incorporation of new companies under the Companies Act 1965
>Maintenance of statutory records, attendance at meetings of directors and shareholders, preparation of minutes and other compliance services
>Provision of nominee directors and shareholders, company secretaries, bank signatories and registered office facilities
Tax Services
>Compliance, tax advisory and tax planning for corporations, registered bodies, partnerships, joint ventures and individuals (including expatriates and non-residents)
>Real property gains tax
>Stamp duty exemptions
>GST Advisory Service
Who We Are
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Our Values
People Matter
At OKP Group Services, our people are our most valuable asset. We
passionately pursue trust relationships with our people and we reward hard
work and encourage and enable our people to achieve their goals through
Servant Leadership. We celebrate individuality. Each individual contributes
differently to build a diverse work environment filled with an abundance of
skills, talents, knowledge, and creativity.
We encourage lifestyle balance because we all work to live.
Clients Matter
We love our clients.
We want insanely happy clients. Happy clients are satisfied for the moment,
whereas insanely happy clients build lifelong relationships. We over-deliver on
our promises. An abundantly satisfied customer is our greatest marketing tool.
Abundant satisfaction is a result of trust. Trust is at the heart of every
successful customer relationship.
Principles Matter
We stand on principle and integrity in everything we do. There is no substitute
for integrity. It takes years to build and only a moment to destroy.
Do the right thing, at the right time, for the right reason.
Values are those internal emotions and core beliefs that set the tone for how we will act and what motivates us to take action. Our values help us determine what matters.
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Our Vision
We strive to be: The Preferred Employer
• OKP Group is a place where people grow and thrive.
• Our culture is simultaneously fun and challenging.
• We enable and celebrate personal achievement.
• Our people are equipped for success with knowledge, information,
and tools.
Our company believes in Servant Leadership.
We strive to be: The Preferred Business Partner
• Our clients and alliances trust us, and we never take that for
granted.
• We deliver transformational services through the technical
leadership, innovation, and knowledge capital of our people.
• We have a stake in every relationship. We share the risk and
invest resources to create the reward.
• Our clients can depend on us to be good stewards of their
investment. They know we practice integrity in all of our business
dealings.
We encourage our employees to actively pursue their personal,
financial and career goals. Choose a direction, focus on your goals,
and we will help you attain them
Vision is organizing and operating in such a way that we continuously live out our values. 5

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Direction, these are the short-term, specific and measurable actions, or initiatives, that we take to support our business.
•
Proactive Employee Communication
•
Improvement of Employee-Focused Programs
•
Servant Leadership Development
•
Spreading of OKP Group Culture
•
Development of Empowering Processes
We encourage our employees to actively pursue their personal, financial and career goals. Choose a direction, focus on your goals, and we will help you attain them.
Our Direction
Servant Leadership
Servant Leadership is a practical philosophy which supports people who choose to serve first and then lead as a way of expanding service to individuals and institutions.
Servant leaders encourage collaboration, trust, foresight, and listening; they teach through example, consistent feedback, and personal guidance.
Servant Leadership means that it is each person’s responsibility to be a leader, to set a positive influence, and educate through example. This is how we all grow and this is OKP Group culture.
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Some of Our Clients
FOLIO APPAREL SDN BHD-FASHION RETAILER
FOTO FLASH SDN BHD-CAMERA RETAILER
GAMER'S HIDEOUT SDN BHD-COMPTER GAME RETAILER
ID HYDAULIC SDN BHD-CONSTRUCTION
AG TECH MARKETING SDN BHD-INDUSTRIAL MATERIAL WHOLESALE
H.S.T. AUTO SPARE SDN BHD-AUTO SPARE PART WHOLESALE
MHWA AUTOMOBILE SDN BHD-SECONDHAND CAR DEALER
BRAINWAVE CHANNELS SDN BHD-EVENT ORGANISER
LEADERPLAS MACHINERY (M) SDN BHD -MACHINERY DEALER
SIN TONG HWA TRADING SDN BHD-PRINTING INDUSTRY
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9. |
Our Partner
YIP & Associates (AF 1265) is wholly owned and run by Malaysians, high ethical standards and
attending to client's needs, YIP & Associates, an established firm of professional business
advisers since year 2000.
OKP Group is Yip & Associates premier partner. Through this partnership OKP Group delivers
audit and assurance services for clients throughout Malaysia.
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10. |
Contents
▪About Us
▪Our Team Members
▪Preparation for GST
9

11. |
Our Team
10

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Our Team
YIP BENG FATT CA (M), FCPA (Aust), ACTIM, B. Econs.
Tel: +603 4142 4151
Email: info@yipassociates.com.my
Yip is the Chartered Accountant, founder and managing partner of Yip &
Associates. He is a member of Malaysian Institute of Accountants (MIA),
member of Chartered Tax Institute of Malaysia (CTIM) and Fellow
member of CPA Australia. He graduated from Monash University,
Australia with a Bachelor Degree in Economics. He has 20 years of
experience on business assurance and advisory on corporate
governance related issue. He is a licensed tax agent as well as a
qualified auditor. He has been presenting on GST topic at various in-house
workshops, public seminar and conferences.
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Our Team
CHONG TAI SAN CA (M), FCCA, ACTIM
Tel: +603 4142 4151
Email: info@yipassociates.com.my
Chong is a member of the Malaysian Institute of Accountants (MIA), a
fellow member in the Association of Chartered Certified Accountants
(ACCA), and an associates member of the Chartered Tax Institute of
Malaysia (CTIM). He has over 18 years of working experience in public
practice particularly in the area of financial reporting for public and
private entities, corporate governance and risk assessment, audits and
company secretarial practice.
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Our Team
CHIN WAI LENG L. Secretary (SSM)
Tel: +603 4142 4151
Email: info@yipassociates.com.my
Chin is highly experienced with over 15 years of professional
experience in public accounting, auditing, tactical-based tax
compliances including tax audit, tax Investigation and service tax
matters. She is also practicing licensed company secretary under
Suruhan Syarikat Malaysia (SSM). She has completed and passed
the GST modules examination organized by the Royal Malaysian
Customs and applied to become GST tax agent under GST Act 2014.
She has hands-on experience in preparing Malaysian companies for
GST compliance, implementation and presentation of seminar for in-house
training.
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15. |
Our Team
ALEX KUAN WEE HONG CA(M), FCCA, ACTIM
Tel: +6012 267 0399
Email: alexkuan08@gmail.com
Alex is a member of the Malaysian Institute of Accountants (MIA), a
fellow member in the Association of Chartered Certified Accountants
(ACCA) and an associates member of the Chartered Tax Institute of
Malaysia (CTIM).
He has over 18 years of working experience in public practice
particularly in the area of financial reporting for public and private
entities, corporate governance and risk assessment, audits and
company secretarial practice. He has completed and passed the GST
modules examination organised by the Royal Malaysian Customs and
applied to become GST tax agent under GST Act 2014.
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16. |
Our Team
DENNIS OOI KOK PEOW CA(M), FCCA
Tel: +6012 577 5595
Email: okpgst@gmail.com
A Chartered Accountant, Dennis has more than 14 years of experience in
providing professional accountancy services. Previously served as an
interim middle-level executive from 2001 to 2005 involving in the corporate
restructuring projects of three public listed companies and a start-up project
of an IT company, and then as a Manager in the Transaction Advisory
Services, Ernst & Young, Singapore from 2005 to 2006.
He has also worked on many audit and assurance engagements when he
started his career in Deloitte, Kuala Lumpur, after completing the ACCA
examination in 1999 at the age 21. He was specialising in manufacturing,
plantation, banking, property development, trading, shipping and freight
forwarding industries, besides experience in special assignments including
financial due diligences, and investigation of irregularities in the corporate
banking department for a financial institution.
Dennis has recently obtained the GST certification issued by the Royal
Malaysian Customs Department for GST Practitioners in Malaysia. He
conducts training on Goods and Services Tax implementation issues.
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17. |
Contents
▪About Us
▪Our Team Members
▪Preparation for GST
16

18. |
Taking the Next Steps
Registering your Business
Filing Tax Returns
Issuing Tax Invoices
Accounting for GST
Offences
Claiming GST Refunds
Input Tax Credit Mechanism
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19. |
Preparing for GST
This widespread impact of GST on the entire organisation means that it will impact the competitiveness of
your business. The business issues that warrant attention are as illustrated:
•
Impact on cash flow
•Identification of transaction and GSTliability
•Maximisation of input tax credit
•
Effect on demand
•
Pricing strategies
•
Impact on current contracts
•
Registration & Compliance
•
Cancellation ofsales and service tax licences–potential audit?
•
End of sales tax facilities
•
Preferential vendors under GST
•
Education and communication
•
Employeefringebenefits policy
•
Group structure review
•
Systems changes for GSTcompliance
Sales and Marketing
Financeand Administration
Procurement
Accountability
Business efficiency
Information Technology
Goods&Services Tax
(GST)
Human Capital
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20. |
How We Can Assist You in GST Preparation
Phase 1: Planning and Impact Study (Duration: Nov 04 to Dec 04)
Objective
>
Ensure proper project set up for the implementation
>
Understand GST impact on business transactions
Scope
>
Advice on resources required for the GST implementation project
>
Conduct GST awareness training among internal stakeholders across the business
>
Identify, analyse and prioritise issues to be addressed when GST is implemented using customised tools and templates
>
Develop high-level implementation plan, divided into individual work streams
Output
>
GST impact study presentation kit
>
GST implementation plan
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21. |
How We Can Assist You in GST Preparation
Objective
> Working together with your team to ensure that your company is GST compliant come 1st April 2015
Scope
> Refinement of detailed implementation plan to factor external changes
> Comment and develop strategies for the contracts spanning GST live date
> Advice on specific GST requirements on documentation
> Advice and provide suggestions on business policies and procedures impacted by GST
> Conduct education and training programme for employees
> Propose a communication programme with customers and suppliers
> Application for GST registration
> External communication with authorities to clarify on contentious issues
Output
> Completion checklist (GST manual)
> Overall IT systems ‘readiness’
> Review of first 2 monthly GST return
> Monitoring and follow through of GST implementation
Phase 2: Implementation and Technical Support (Duration: Jan 05 to Jun 05)
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22. |
OKP Group
Within a world of choices, OKP Group has distinguished itself as a
preferred provider of accounting services.
Our aim is to alleviate your concerns regarding the accounting and administrative side of your business and free you up to have more time to focus on what you do best!
We set out to understand all aspects of your business so as to enable us to
advise you on matters which we consider may increase operational
efficiency, profitability, or tax efficiency. On any assignment given to us, it is
our practice to inform you our recommendations for improving your internal
controls, business processes and operating procedures.
You can free up your time to concentrate on your core business activities
by engaging us to add value to your business through the following
services offered to you:
+ Audit & Assurance
+ Corporate Secretarial
+ Tax Services
+ GST Advisory Services
+ Administrative Outsourcing
+ Accounting Services
+ Financial Analysis
Want to be GST ready……...
Contact Dennis Ooi
+6012 577 5595 (Whatsappme)
okpgst@gmail.com
Office:
c/o MagnawiseServices SdnBhd
56-2-1, JalanMedan Putra 3
Medan Putra Business Centre
Bandar Sri Menjalara
52200 Kuala Lumpur
Malaysia
t +603 6272 3290 f +603 6272 4299
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Thank You
Terima Kasih
धन्यवाद
谢谢
ありがとうございました
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