Tax audit & investigation: Practical insights, risk areas and compliance strategies - Webinar 2026

HRD Corp Claimable Course (T&C applies*)
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Webinar sessions:
Session 1: 9:00am - 12:00pm;
Session 2: 2:00pm - 5:00pm.

Tax audits and investigations are becoming increasingly rigorous, with tax authorities placing greater emphasis on risk profiling, documentation and compliance accuracy. This webinar provides participants with practical insights into audit triggers, high-risk areas, procedural stages and effective strategies to manage engagements confidently while minimising exposure to penalties and disputes.

Key topics covered:

Introduction to tax audit and investigation 

• Objectives and legal basis
• Key differences between audit and investigation

Triggers and risk indicators 

• Common audit selection criteria
• Red flags and high-risk transactions

Audit and investigation process 

• Stages from commencement to conclusion
• Rights and obligations of taxpayers

Key areas of focus by tax authorities 

• Income recognition and deductibility of expenses
• Incentives, exemptions, and related-party transactions
• Record keeping and substantiation issues

Managing a tax audit or investigation 

• Practical dos and donts
• Effective communication and document handling

Mitigating exposure and resolving issues penalties and offences 

• Voluntary disclosure and dispute resolution strategies

Presenter:

Yong Mei Sim

Ms Yong Mei Sim has served over 35 years in the Inland Revenue Board of Malaysia (IRB) and her last position is Principal Assistant Director of the Penang branch, before her retirement in 2016. During her tenure in the IRB, she has held position as an Audit Manager in charge of the Payroll Taxes Unit, Field Audit and Desk Audit Unit. With her vast knowledge and experience in the field of Malaysian taxation, she is a frequent speaker for Malaysian Institute of Accountants (MIA) and the Federation of Malaysian Manufacturers (FMM) for their seminars around the country and share her valuable experience and expertise on income tax updates and all other relevant taxation matters.