eConfirm Global Officially Launched: Pioneering the Digital Transformation of the Audit Confirmation Process Globally
5th September 2024, Kuala Lumpur – eConfirm Global, the revolutionary platform developed as an integral first step to digitalising the audit confirmation process across multiple regions, was officially launched today at 3 PM. This landmark event brought together esteemed guests from audit bodies across the globe, including representatives from the Malaysian Institute of Accountants (MIA), National Audit Department of Malaysia (JAN), Suruhanjaya Koperasi Malaysia (SKM), Malaysia Digital Economy Corporation (MDEC), ASEAN Federation of Accountants (AFA), Philippine Institute of Certified Public Accountants (PICPA), Institute of Chartered Accountants of Pakistan (ICAP), Chamber of Auditors of Uzbekistan (chAUz), Chamber of Auditors of Azerbaijan Republic (CAAR), Morocco Certified Public Accountants Association (OEC-Morocco) and the Institute of Cooperative & Management Auditors (ICMA), alongside leading audit firms and financial institutions from Malaysia, Singapore, Thailand, Indonesia, Hong Kong, Taiwan, UK, Turkiye, and even Kenya.
eConfirm Global is now live and set to transform the audit industry by enhancing the efficiency, accuracy, and security of the audit confirmation process. The platform’s launch marks a significant milestone in the ongoing efforts to modernise and standardise audit practices on a global scale.
"As we launch eConfirm Global, we are not just introducing a platform; we are setting the foundation for a new era in audit confirmations," said Mr. Calvert Wong, Executive Director at AppAsia. " eConfirm Global will contribute to ESG initiatives by promoting sustainable business practices through the digitalisation of audit confirmation processes, reducing paper use, enhancing transparency, and fostering efficient, environmentally-friendly operations for financial institutions and auditors worldwide. Our commitment is to continuously improve and innovate, ensuring that the audit industry evolves to meet the demands of a rapidly changing world. "
The platform's successful launch is the culmination of years of development and collaboration with key stakeholders in the audit and financial sectors. eConfirm Global will continue to expand its reach, driving the digital transformation of the audit industry and fostering stronger, more reliable financial reporting practices worldwide.
Mr. Calvert Wong (third from right), Executive Director of AppAsia Berhad, and the eConfirm team.
About eConfirm Global
eConfirm Global is a leading platform designed to streamline and digitalise the audit confirmation
process. By leveraging advanced technology, eConfirm Global aims to enhance the accuracy, efficiency, and security of audit confirmations, contributing to the ongoing modernization of the audit industry.
For more information, visit https://econfirm.global/