This is my last practical day at the auditing company, of CK TIONG COMPANY. I miss all the work that I do here. I find it is hard to learn the auditing rather than accounting.It is because accounting is a very basic transaction knowledge while like my boss said"if we already know to do the auditing, we find that it is easier to do the accounting and it is easy to trace any mistake in accounting transactions.
Today, worked that I did is:
1)Accounting
-I check other client statement of account and call the client to fax over the invoice
that we don't have. Invoice that just received don't key in yet,because need to
confirm with the directors before issued any payment to their creditors/suppliers of
the client.
2)Administration
-I do filing for my client company and segregate client's company document and
write down the filing name. This is update and rename all the document files.
Do the filing system. I do this with my clique. Took 5 hour and 1/2 to do this
worked.
Friday, March 05, 2010
Wednesday -30/12/2009
1)Accounting
-I do the accounting work for the client and key in the transaction in the UBS System.
DR Purchases-Cold Storage(Bangsar)
CR Creditor of the client
-Check statement of account for the client. In this statement of account I need to
check whether the client's creditor (supplier payment) is tally with our record in
the supplier payment month. If not, then I need to check why. Most probably it is
because of there is no invoice given by the client's supplier to us. Hence, it is
not tally. But before that I need to check whether that Invoice already record in
the UBS. If the Invoice already have in the UBS just transfer the invoice in the
Excel Sheet, indicate the: Date/Batch No./Invoice No./Invoice Purchases Place/Amount
-If not, then I have to call the creditors/suppliers of our client to fax the
invoice over to us.Indicate the Invoice No. that we want.
-After check the statement of account, write our name,date and agreed to the ledger
if tally.
-While at the excel sheet, I need to put the (S) beside the creditors company's name
after finished.
-I do the accounting work for the client and key in the transaction in the UBS System.
DR Purchases-Cold Storage(Bangsar)
CR Creditor of the client
-Check statement of account for the client. In this statement of account I need to
check whether the client's creditor (supplier payment) is tally with our record in
the supplier payment month. If not, then I need to check why. Most probably it is
because of there is no invoice given by the client's supplier to us. Hence, it is
not tally. But before that I need to check whether that Invoice already record in
the UBS. If the Invoice already have in the UBS just transfer the invoice in the
Excel Sheet, indicate the: Date/Batch No./Invoice No./Invoice Purchases Place/Amount
-If not, then I have to call the creditors/suppliers of our client to fax the
invoice over to us.Indicate the Invoice No. that we want.
-After check the statement of account, write our name,date and agreed to the ledger
if tally.
-While at the excel sheet, I need to put the (S) beside the creditors company's name
after finished.
Tuesday - 29/12/2009
1)Administration
-I do the filing work of Borang Potongan Berjadual and LHDN for many clients.
-Photostat the Borang C and R for 2 sets. Then, I do the copy of Acknowledgment for
both Form C and R.
-Enter the accounting transaction in the UBS for the client. Interest on Rental for the
outstanding payment.
DR Rental-Mid Valley City Garden Sdn.Bhd.
CR Mid Valley City Garden Sdn.Bhd.
-I do the filing work of Borang Potongan Berjadual and LHDN for many clients.
-Photostat the Borang C and R for 2 sets. Then, I do the copy of Acknowledgment for
both Form C and R.
-Enter the accounting transaction in the UBS for the client. Interest on Rental for the
outstanding payment.
DR Rental-Mid Valley City Garden Sdn.Bhd.
CR Mid Valley City Garden Sdn.Bhd.
Monday - 28/12/2009
1)Accounting
-I continue my work last Thursday(24/12/2009)do the commission schedule scheme and
sub contractor wages.
-I check the Statement of Account for 2 clients.
2)Administration
-Do the admin work. Photostat and search the client document.
-I continue my work last Thursday(24/12/2009)do the commission schedule scheme and
sub contractor wages.
-I check the Statement of Account for 2 clients.
2)Administration
-Do the admin work. Photostat and search the client document.
Thursday - 24/12/2009
1)Accounting
-I do the accounting transactions for the client. 1 is Invoice(Rental) and the other
one is Water Bill.
DR Water Bill
CR Mid Valley City Garden Sdn.Bhd.
DR Rental-Mid Valley City Garden Sdn.Bhd.
CR Mid Valley City Garden Sdn.Bhd.
-I do the Acknowledgment Receipt for other client date on 31/12/2008. The
Acknowledgment Receipt must do after finished the auditing.
-I did the commission schedule for other client and also sub contractor wages to
check their invoices to find their NRIC NO. or Company Series No. I think this is
for the auditing purposes.
-I do the accounting transactions for the client. 1 is Invoice(Rental) and the other
one is Water Bill.
DR Water Bill
CR Mid Valley City Garden Sdn.Bhd.
DR Rental-Mid Valley City Garden Sdn.Bhd.
CR Mid Valley City Garden Sdn.Bhd.
-I do the Acknowledgment Receipt for other client date on 31/12/2008. The
Acknowledgment Receipt must do after finished the auditing.
-I did the commission schedule for other client and also sub contractor wages to
check their invoices to find their NRIC NO. or Company Series No. I think this is
for the auditing purposes.
Wednesday - 23/12/2009
1) Administration
-Continue find the client source document. I'm not found yet the client's source
document file. It took me long time to search.
2)Accounting
-Do the claims for the company.
-Checked the Statement of Account for other client for Oct'09 to make sure it is tally
with our statement record. I did 3 statement of account.
-Continue find the client source document. I'm not found yet the client's source
document file. It took me long time to search.
2)Accounting
-Do the claims for the company.
-Checked the Statement of Account for other client for Oct'09 to make sure it is tally
with our statement record. I did 3 statement of account.
Tuesday - 22/12/2009
1) Administration
- This whole day, most work I do is filing. My work is degraded down because I make
many simple mistake. I'm too careless. I will do the best and try to remember what I
learn.
2)Accounting
-Do the claims for the company. It took me 1 and 1/2 hour to finish.
-Find the client source document for pay slip and must take out payment voucher and pay
slip.
- This whole day, most work I do is filing. My work is degraded down because I make
many simple mistake. I'm too careless. I will do the best and try to remember what I
learn.
2)Accounting
-Do the claims for the company. It took me 1 and 1/2 hour to finish.
-Find the client source document for pay slip and must take out payment voucher and pay
slip.
Monday - 21/12/2009
1) Auditing
-Do the audit checked back for audit dated on 30/6/2008. Check for 1/2 hours.
2)Administration
-Filing the KWSP/EPF and PERKESO/SOCSO.
3)Accounting
-Checked the statement of account in the month of November for 2 clients in the main
file. If there is no statement of account for any month we must call the client and
ask for the statement of account.
-Do the audit checked back for audit dated on 30/6/2008. Check for 1/2 hours.
2)Administration
-Filing the KWSP/EPF and PERKESO/SOCSO.
3)Accounting
-Checked the statement of account in the month of November for 2 clients in the main
file. If there is no statement of account for any month we must call the client and
ask for the statement of account.
Thursday - 17/12/2009
1)Auditing
- Continue doing the audit report.
2)Accounting
-Key in the client Invoices-Mid Valley, Time Square and Sogo in the UBS System.
-After that, the Invoices that have been key in, don't forget to be chop/stamp by
"Posted" and do the filing in the main file.
- Continue doing the audit report.
2)Accounting
-Key in the client Invoices-Mid Valley, Time Square and Sogo in the UBS System.
-After that, the Invoices that have been key in, don't forget to be chop/stamp by
"Posted" and do the filing in the main file.
Wednesday - 16/12/2009
1)Auditing
-Continue doing auditing report of the client for 30/6/2008. I took this a week doing
the same audit report for the client. I help my clique to do the audit in the cost of
sales, expenses, RJE(Re-adjustting Jornal Entries), AJE(Adjusting Journal Entries),
Queries and Bank Statement section.
-Now, I already a bit clear how to do the audit with the help from my office mate.
Every assets that's the client purchase must be photocopy as prove and to do the
vouching audit test.
2)Administration
-Do the administration work, filing that is Daily Balance Statement and Invoice.
-Continue doing auditing report of the client for 30/6/2008. I took this a week doing
the same audit report for the client. I help my clique to do the audit in the cost of
sales, expenses, RJE(Re-adjustting Jornal Entries), AJE(Adjusting Journal Entries),
Queries and Bank Statement section.
-Now, I already a bit clear how to do the audit with the help from my office mate.
Every assets that's the client purchase must be photocopy as prove and to do the
vouching audit test.
2)Administration
-Do the administration work, filing that is Daily Balance Statement and Invoice.
Monday - 14/12/2009
1)Administration
-After I have paid the cheque for KWSP and PERKESO yesterday, the copy of the bank
receipt have to be filing with the photostat copy that I have made for KWSP and
PERKESO Forms.
-I also learn and told by my clique that every cheque that I issued for this 3 client's
company that we in-charge must be write at the back of the cheque the:
a)month contribution(bulan caruman),b)employer's reference no.(No. Rujukan Majikan)
and c)office phone No. of my company.
-Except for the client that use the cheque book of others must write their company name
and company's series number plus with the above (a),(b) and (c).
-Filing the invoices Purchases-Bangsar after record it in the UBS System.
2) Accounting
-I did the mistake when I key in the Sales in the UBS System for Nov'09 for the
client. I have to search it back and do the date and description correction
in the UBS System.
-I checked back the auditing for purchase ledger that I did last week,
(Thursday 10/12/2009) for the client.
-Record the accounting transactions Purchases-Bangsar for the client, in the UBS.
3)Auditing
-Continue doing the audit report.
-After I have paid the cheque for KWSP and PERKESO yesterday, the copy of the bank
receipt have to be filing with the photostat copy that I have made for KWSP and
PERKESO Forms.
-I also learn and told by my clique that every cheque that I issued for this 3 client's
company that we in-charge must be write at the back of the cheque the:
a)month contribution(bulan caruman),b)employer's reference no.(No. Rujukan Majikan)
and c)office phone No. of my company.
-Except for the client that use the cheque book of others must write their company name
and company's series number plus with the above (a),(b) and (c).
-Filing the invoices Purchases-Bangsar after record it in the UBS System.
2) Accounting
-I did the mistake when I key in the Sales in the UBS System for Nov'09 for the
client. I have to search it back and do the date and description correction
in the UBS System.
-I checked back the auditing for purchase ledger that I did last week,
(Thursday 10/12/2009) for the client.
-Record the accounting transactions Purchases-Bangsar for the client, in the UBS.
3)Auditing
-Continue doing the audit report.
Thursday - 10/12/2009
1)Auditing
- I checked the audit for other client, for 31/12/2007. Checked the Purchases ledger
and total amount.
- Continue doing the audit that have been retained/post-pone
2)Accounting
-Fill in the KWSP/EPF and PERKESO/SOCSO forms for the 3 client's company that are
in charge by us.
- I checked the audit for other client, for 31/12/2007. Checked the Purchases ledger
and total amount.
- Continue doing the audit that have been retained/post-pone
2)Accounting
-Fill in the KWSP/EPF and PERKESO/SOCSO forms for the 3 client's company that are
in charge by us.
Tuesday - 8/12/2009
1) Administration
-Filing the punch card for the client in the Payroll filing file.
2)Auditing
-Do the audit of the new client. I help my clique to do the audit, so that I understand
with the guide from my office clique.
-Filing the punch card for the client in the Payroll filing file.
2)Auditing
-Do the audit of the new client. I help my clique to do the audit, so that I understand
with the guide from my office clique.
Monday - 7/12/2009
1)Auditing
- I do the "Acknowledgment Receipt" for the audit company that I have finished.
Now, I understand that every audit report that we done, after finished we must do the
Acknowledgment Receipt to allocate what type of file the client have given to us to
avoid missing file.
- I do the "Acknowledgment Receipt" for the audit company that I have finished.
Now, I understand that every audit report that we done, after finished we must do the
Acknowledgment Receipt to allocate what type of file the client have given to us to
avoid missing file.
Friday - 4/12/2009
1) Accounting
-Record the invoices of the company's client. After record the invoices in the UBS
System, every transactions that have been key in, in the UBS System must be chop
"POSTED".
2)Administration
-After I key in the client's invoices, I do the invoice filing in the main file.
-I also do the filing system for the punch card in the payroll filing file.
-Record the invoices of the company's client. After record the invoices in the UBS
System, every transactions that have been key in, in the UBS System must be chop
"POSTED".
2)Administration
-After I key in the client's invoices, I do the invoice filing in the main file.
-I also do the filing system for the punch card in the payroll filing file.
Thursday - 3/12/2009
1)Accounting
-I do the claims for the 2 client.
-Transfer the claim transaction that incurred for the 2 client into the UBS System.
This claim after at the end of the month, will be issued the cheque for the client's
claim.
-I do the filing system after that.
-I do the claims for the 2 client.
-Transfer the claim transaction that incurred for the 2 client into the UBS System.
This claim after at the end of the month, will be issued the cheque for the client's
claim.
-I do the filing system after that.
Wednesday - 2/12/2009
1) Accounting
-Issue the cheque that not yet finished for the client.
-Emboss the cheque using machine.
-Do the Daily Sales record for that client. I do the Daily Sales of November. Every
Sales above RM1,000 get RM10 commission. RM2,000, RM20 commission and so on. At the
end of the month , the daily sales of November must tally with the whole total sales
amount in the receipt. Must round up the daily sales figure for the period.
- After that, update the daily sales record that I made in the Excel to transfer to
the UBS System. Transactions that took place: DR CASH CR SALES. For the commission
transaction the adjustment is for the issued the Loan Share 1/2 to the directors.
-I also learn the "Sign and Return", after print the payment voucher and supplier
payment purchases I must clip with the client cheque. Also make 1 copy of supplier
payment as our reference and file into the file. Make the filing system.
-The aim of "Sign and Return" is to make sure the client sign in the payment voucher
and return back the cheque for document that have to be taken further actions.
There are 4 "Sign and Return": KWSP(Kumpulan Wang Simpanan Pekerja),
PERKESO/SOCSO(Pertubuhan Keselamatan Sosial),Accounting Fees cheque and
PCB(Pengarah Hasil Dalam Negeri)cheque.
-Issue the cheque that not yet finished for the client.
-Emboss the cheque using machine.
-Do the Daily Sales record for that client. I do the Daily Sales of November. Every
Sales above RM1,000 get RM10 commission. RM2,000, RM20 commission and so on. At the
end of the month , the daily sales of November must tally with the whole total sales
amount in the receipt. Must round up the daily sales figure for the period.
- After that, update the daily sales record that I made in the Excel to transfer to
the UBS System. Transactions that took place: DR CASH CR SALES. For the commission
transaction the adjustment is for the issued the Loan Share 1/2 to the directors.
-I also learn the "Sign and Return", after print the payment voucher and supplier
payment purchases I must clip with the client cheque. Also make 1 copy of supplier
payment as our reference and file into the file. Make the filing system.
-The aim of "Sign and Return" is to make sure the client sign in the payment voucher
and return back the cheque for document that have to be taken further actions.
There are 4 "Sign and Return": KWSP(Kumpulan Wang Simpanan Pekerja),
PERKESO/SOCSO(Pertubuhan Keselamatan Sosial),Accounting Fees cheque and
PCB(Pengarah Hasil Dalam Negeri)cheque.
Tuesday - 1/12/2009
1) Accounting
-Issued the cheque of other client. Doing the same steps, that is print the Payment
Voucher from the UBS System and staple together with the cheque. Make 1 copy of the
Payment Voucher as the company own savings into the file.
-I have understand clearly that, every cheque that we issued must be updated in the UBS
System. I also key in the accounting transactions invoice purchases of Nov'09.
-Print the Payment Voucher and Invoice in the Microsoft Excel. Staple it with the
cheque. Also print the copy of the Payment Voucher, to do the filing this is for the
reference to my company.
-Emboss the cheque total of that client.
-Lastly, do the filing system.
-Issued the cheque of other client. Doing the same steps, that is print the Payment
Voucher from the UBS System and staple together with the cheque. Make 1 copy of the
Payment Voucher as the company own savings into the file.
-I have understand clearly that, every cheque that we issued must be updated in the UBS
System. I also key in the accounting transactions invoice purchases of Nov'09.
-Print the Payment Voucher and Invoice in the Microsoft Excel. Staple it with the
cheque. Also print the copy of the Payment Voucher, to do the filing this is for the
reference to my company.
-Emboss the cheque total of that client.
-Lastly, do the filing system.
Monday - 30/11/2009
1)Accounting
- Issue the cheque of the client's company.
- After I issued the cheque, I learn how to use the emboss machine cheque guide by my
supervisor.
2)Auditing
-Do the audit report of the client. Continue with the previous worked.
- Issue the cheque of the client's company.
- After I issued the cheque, I learn how to use the emboss machine cheque guide by my
supervisor.
2)Auditing
-Do the audit report of the client. Continue with the previous worked.
Thursday - 26/11/2009
1)Auditing
- Continue doing the audit report of the same company. I'm not really understand in
doing the auditing report. I do the audit report for the whole day guided by my
office clique.
- Continue doing the audit report of the same company. I'm not really understand in
doing the auditing report. I do the audit report for the whole day guided by my
office clique.
Wednesday - 25/11/2009
1)Auditing
- I do the Audit Report of 2009 still for the same client. In this I have to do 4 main
account. That is Income Statement, Balance Sheet, Cash Flow Statement and Statement
of Changes In Equity.
- I have to do the correction of other audit report of other client after the audit
I have done is checked by my boss. The audit report is on 30 September 2009, I
learned the mistakes on the audit report that I did and also must refer to the new
statutory audit guidelines.
-Find the original invoice document for the client.
-Call the client and ask for their opening balance of 1/9/2008 and the audit
adjustment.
- I do the Audit Report of 2009 still for the same client. In this I have to do 4 main
account. That is Income Statement, Balance Sheet, Cash Flow Statement and Statement
of Changes In Equity.
- I have to do the correction of other audit report of other client after the audit
I have done is checked by my boss. The audit report is on 30 September 2009, I
learned the mistakes on the audit report that I did and also must refer to the new
statutory audit guidelines.
-Find the original invoice document for the client.
-Call the client and ask for their opening balance of 1/9/2008 and the audit
adjustment.
Tuesday - 24/11/2009
1)Administration
- I learn how to do the filing system of LHDN Malaysia.The Steps are:
1st step: Photostat the original copy of LHDN Form.Make it,it into 2 copy
after fill in, the LHDN form information that required.
2nd step: Chop the 1st photostat copy with the chop name by "COPY ACKNOWLEDGMENT".
3rd step: Then, staple the 1st photostat copy that have been chop with "COPY
ACKNOWLEDGMENT" with the original copy at the back of the photostat copy.
4th step: After that, write on the Book by indicate the first column with Date,
Place, Name of the Company and lastly Signature/Comment.
5th step: Lastly, the 2nd photostat copy, is file with their company taxation file.
-Print the Payment Voucher, every chequed that have been issued must print the
Payment Voucher from the UBS System. This payment voucher will be staple together
with their invoices or receipts in the file and the payment voucher must be organize
with their sequence numbers.
2)Accounting
- Record the transaction incurred in the UBS System.
- I learn how to do the filing system of LHDN Malaysia.The Steps are:
1st step: Photostat the original copy of LHDN Form.Make it,it into 2 copy
after fill in, the LHDN form information that required.
2nd step: Chop the 1st photostat copy with the chop name by "COPY ACKNOWLEDGMENT".
3rd step: Then, staple the 1st photostat copy that have been chop with "COPY
ACKNOWLEDGMENT" with the original copy at the back of the photostat copy.
4th step: After that, write on the Book by indicate the first column with Date,
Place, Name of the Company and lastly Signature/Comment.
5th step: Lastly, the 2nd photostat copy, is file with their company taxation file.
-Print the Payment Voucher, every chequed that have been issued must print the
Payment Voucher from the UBS System. This payment voucher will be staple together
with their invoices or receipts in the file and the payment voucher must be organize
with their sequence numbers.
2)Accounting
- Record the transaction incurred in the UBS System.
Monday-23/11/2009
1)Auditing
-I continue doing the audit of the same client. I do the mistakes on calculation of
Hire Purchase. The mistake that I make is, I calculated Hire Purchase using the
Straight Line Method(SLM) but suppose to be Reducing Balance Method(RBM).
2)Accounting
-I did the Daily Sales schedule for other client in the Microsoft Excel. In this,
every Sales above RM1,000 for example get RM10 commission. Above RM2,000 get RM20 and
so on. It is for the calculation of commission. Later, this commission have to be
calculated at the end of the sales month to issued the "Advance Share 1/2" to the
directors of that client's company.
-After do the Daily Sales of that client in Excel, at the end of October and
November Daily Sales, I have to key in the Total Sales and commission in the UBS
System to issue the chequed. Lastly after key in, every works must be stamped
"POSTED".
-After that I key in the Purchases Invoices for other client. The transaction is
DR Purchases and CR Creditors/Trade Payables. I use the UBS System.
- Part of Accounting and Auditing works, I also do the administration work. That is
filing all the difference client's invoices to its main file.
-I continue doing the audit of the same client. I do the mistakes on calculation of
Hire Purchase. The mistake that I make is, I calculated Hire Purchase using the
Straight Line Method(SLM) but suppose to be Reducing Balance Method(RBM).
2)Accounting
-I did the Daily Sales schedule for other client in the Microsoft Excel. In this,
every Sales above RM1,000 for example get RM10 commission. Above RM2,000 get RM20 and
so on. It is for the calculation of commission. Later, this commission have to be
calculated at the end of the sales month to issued the "Advance Share 1/2" to the
directors of that client's company.
-After do the Daily Sales of that client in Excel, at the end of October and
November Daily Sales, I have to key in the Total Sales and commission in the UBS
System to issue the chequed. Lastly after key in, every works must be stamped
"POSTED".
-After that I key in the Purchases Invoices for other client. The transaction is
DR Purchases and CR Creditors/Trade Payables. I use the UBS System.
- Part of Accounting and Auditing works, I also do the administration work. That is
filing all the difference client's invoices to its main file.
Sunday, February 07, 2010
FRIDAY-20/11/2009
1) Auditing
- I continue doing the audit report for the same client with the guide from my
colleague because I'm still learning, beside to avoide me from being made
many mistakes. This time I really learn the mistakes I did in the audit.
To me audit is a tough work and really time consuming. I did the audit for 3
days.
- I continue doing the audit report for the same client with the guide from my
colleague because I'm still learning, beside to avoide me from being made
many mistakes. This time I really learn the mistakes I did in the audit.
To me audit is a tough work and really time consuming. I did the audit for 3
days.
THURSDAY-19/11/2009
1) Auditing
- Continue doing the audit report of the client. I have to do the report on
Management A/C and Sales/ Cost of Sales.
- Do the cash and bank balances. In this part I have to do the Bank Reconciliation.
At this point I did the mistake. My mistake is I didn't do the audit test and
this audit report I have made many same mistakes. I weak in do the audit reports
and financial statements. I try to learn do the audit. Audit test such as the
source document that we check have to be write and tick citation to where.
Such as cited to Invoice.
- Continue doing the audit report of the client. I have to do the report on
Management A/C and Sales/ Cost of Sales.
- Do the cash and bank balances. In this part I have to do the Bank Reconciliation.
At this point I did the mistake. My mistake is I didn't do the audit test and
this audit report I have made many same mistakes. I weak in do the audit reports
and financial statements. I try to learn do the audit. Audit test such as the
source document that we check have to be write and tick citation to where.
Such as cited to Invoice.
WEDNESDAY-18/11/2009
1) On this day I take one leave of 1 day. I already informed my supervisor and boss
on the leave I would take 1 day before I leave. I settled my MARA Loan on this day.
on the leave I would take 1 day before I leave. I settled my MARA Loan on this day.
TUESDAY-17/11/2009
1) Accounting
- Do the daily sales for November 2009 for the same client yesterday. I wonder
why I need to do the daily sales.
- Organize the recepits to do the claims. Still the same client.
2)Auditing
- Continue doing the auditing for the same client yesterday in Microsoft Excel
before doing the and type the audit report.
- Do the daily sales for November 2009 for the same client yesterday. I wonder
why I need to do the daily sales.
- Organize the recepits to do the claims. Still the same client.
2)Auditing
- Continue doing the auditing for the same client yesterday in Microsoft Excel
before doing the and type the audit report.
MONDAY-16/11/2009
1) Auditing
- Audit should be done in every year of the ending accounting period of the
client. I do the vouching of general sales and purchases. In this vouching, I
learned that we must select the higher amount of purchases and sales.
It is because this higher amount of sales and purchases we need to check back
it source document such as invoices, payment voucher, journal voucher for
payment made by cash and many more of source document. This source document is
to make sure whether is it corect the total amount of purchased. Such as if we
do the vouching of purchases we need to open the creditors files. The creditors
files of the client follow the date of the accounting period such as 1/1/2009
until 31/12/2009. So we need to open the creditors file of the client back
from the date of accounting 1/1/2009 until 31/12/2009 to check the selected of
the highest amount of purchases that the client's purchased. Every highest
invoice i have to tick it by green pen only because this is the audit work.
I have to tick at the creditors of the client address, amount and the date of
purchased.
- Audit should be done in every year of the ending accounting period of the
client. I do the vouching of general sales and purchases. In this vouching, I
learned that we must select the higher amount of purchases and sales.
It is because this higher amount of sales and purchases we need to check back
it source document such as invoices, payment voucher, journal voucher for
payment made by cash and many more of source document. This source document is
to make sure whether is it corect the total amount of purchased. Such as if we
do the vouching of purchases we need to open the creditors files. The creditors
files of the client follow the date of the accounting period such as 1/1/2009
until 31/12/2009. So we need to open the creditors file of the client back
from the date of accounting 1/1/2009 until 31/12/2009 to check the selected of
the highest amount of purchases that the client's purchased. Every highest
invoice i have to tick it by green pen only because this is the audit work.
I have to tick at the creditors of the client address, amount and the date of
purchased.
FRIDAY-13/11/2009
1) Accounting
- Doing the client's claim in the Microsoft Excel. This time my work at microsoft
excel is more fluently and I take only 1 hours compare 2 and half hour first
time I do.
Every client's claim i have to classified it according to their classification.
Such as purchases for their main core of business example if their main
business is in the restaurant most probably they purchase things like food
groceries. Hence I must put the groceries item under the purchases type.
Petrol, Toll and Parking,
staff welfare, upkeep of office equipment, upkeep of kitchen equipment,
office equipment and etc depend what type of expenses is that.
- I create the chart of account for the new client. This chart of account such as
we need to open the type of main account example capital 1000/000(have to put
the code to classified it) Retained Earning 1050/000, Fixed Assets 2000/000 and
under the fixed assets have many sub of fixed assets such as motor vehicle.
So the code we write is motor vehicle JCQ369 2000/100 and Accumulated
Depreciation -Motor Vehicle JCQ369 2000/105. This an example of chart of account
that have to be created.
- Doing the client's claim in the Microsoft Excel. This time my work at microsoft
excel is more fluently and I take only 1 hours compare 2 and half hour first
time I do.
Every client's claim i have to classified it according to their classification.
Such as purchases for their main core of business example if their main
business is in the restaurant most probably they purchase things like food
groceries. Hence I must put the groceries item under the purchases type.
Petrol, Toll and Parking,
staff welfare, upkeep of office equipment, upkeep of kitchen equipment,
office equipment and etc depend what type of expenses is that.
- I create the chart of account for the new client. This chart of account such as
we need to open the type of main account example capital 1000/000(have to put
the code to classified it) Retained Earning 1050/000, Fixed Assets 2000/000 and
under the fixed assets have many sub of fixed assets such as motor vehicle.
So the code we write is motor vehicle JCQ369 2000/100 and Accumulated
Depreciation -Motor Vehicle JCQ369 2000/105. This an example of chart of account
that have to be created.
THURSDAY-12/11/2009
1) Auditing
- doing the audit report and statement of the new incorporation company. I have to
follow base on the example report that have been given to me. To me this audit
report is very difficult to understand. I have a problems in this because this
audit report that I make must be based on the client financial statement,
balance sheet and also statement of equity that have been updated before that in
the microsoft excel.
2)Travelling
- I have asked by my boss to go to the nearest Public Bank just in that area of
TAIPAN to bank in the PERKESO and KWSP cheque of the client.
3)Administration
- Do the admin work that is learn how to use machine cutting paper. This is for
the easier work for me with the new technology to cut the paper based on our need
on how to cut the paper with many sizes.
- After cutting the paper I do the filing of the copy of PERKESO and KWSP. Binding
and stapler with the bank receipts.
- doing the audit report and statement of the new incorporation company. I have to
follow base on the example report that have been given to me. To me this audit
report is very difficult to understand. I have a problems in this because this
audit report that I make must be based on the client financial statement,
balance sheet and also statement of equity that have been updated before that in
the microsoft excel.
2)Travelling
- I have asked by my boss to go to the nearest Public Bank just in that area of
TAIPAN to bank in the PERKESO and KWSP cheque of the client.
3)Administration
- Do the admin work that is learn how to use machine cutting paper. This is for
the easier work for me with the new technology to cut the paper based on our need
on how to cut the paper with many sizes.
- After cutting the paper I do the filing of the copy of PERKESO and KWSP. Binding
and stapler with the bank receipts.
WEDNESDAY-11/11/2009
1) Today work is learn to fill in the KWSP Form for the company. I have explained by
my boss, that every early of the month usually on the 14th of every month, my
company have to filled in the KWSP Form and PERKESO Form.My bost test my
knowledge on the meaning of the KWSP and PERKESO. He asks me to find the
meaning of the KWSP and PERKESO. EPF is means by Employees Provident Fund and
every workers are compulsory to register and subscribe their
salary to make the deduction in certain percentage from their every month salary.
From this, members are expected to benefit from a comprehensive plan which will
promote savings and enable members to have more funds to cover their basic
retirement needs. While PERKESO(Pertubuhan Keselamatan Sosial) or also known as
Social Security Organization is committed to ensure social security of all
working Malaysians. The principal employer must pay monthly contribution for each
eligible employee according to the rates specified under the Act.The amount to be
paid is based on the SOCSO Contribution Schedule.
Both the rates of contribution are based on the total monthly wage paid to the
employee.Contributions should be made from the fisrt month the employee is
employed. All remuneration payable in money to an employee is taken into account
as wages for the purposes of SOCSO contributions. These include the following
payments: salary, overtime payments, commission, payments for leave such as
annual, sick and maternity leave, rest day and public holidays. Other are
allowances such as incentive, good behaviour and cost of living(COLA) and lastly
service charge. Contributions can be paid through 3 methods which are:
i)remittance of payment through commercial banks' or employers who submit payments
using preprinted Monthly Contribution Schedule(Form8A). SOCSO appointed bank such
as: CIMB BANK BHD, MAYBANK BHD, RHB BANK BHD, PUBLIC BANK BHD, BANK MUAMALAT and
Pejabat POS MALAYSIA BHD (for Sabah and Sarawak only).
ii)payment via Internet Banking Employer must be registered and has an account at
any of the following banks: MAYBANK,CIMB,RHB and PUBLIC Bank Bhd.
iii)Payment at SOCSO's Office. SOCSO Office only accepts payment by cheque or
postal money order.
2) Lastly, of work that day is do the administration work. Learn on how tu use the
photostat machines and notes the important document that should be print for
reserve copy. Such as have to make the socso and epf copy after completed the
form.
my boss, that every early of the month usually on the 14th of every month, my
company have to filled in the KWSP Form and PERKESO Form.My bost test my
knowledge on the meaning of the KWSP and PERKESO. He asks me to find the
meaning of the KWSP and PERKESO. EPF is means by Employees Provident Fund and
every workers are compulsory to register and subscribe their
salary to make the deduction in certain percentage from their every month salary.
From this, members are expected to benefit from a comprehensive plan which will
promote savings and enable members to have more funds to cover their basic
retirement needs. While PERKESO(Pertubuhan Keselamatan Sosial) or also known as
Social Security Organization is committed to ensure social security of all
working Malaysians. The principal employer must pay monthly contribution for each
eligible employee according to the rates specified under the Act.The amount to be
paid is based on the SOCSO Contribution Schedule.
Both the rates of contribution are based on the total monthly wage paid to the
employee.Contributions should be made from the fisrt month the employee is
employed. All remuneration payable in money to an employee is taken into account
as wages for the purposes of SOCSO contributions. These include the following
payments: salary, overtime payments, commission, payments for leave such as
annual, sick and maternity leave, rest day and public holidays. Other are
allowances such as incentive, good behaviour and cost of living(COLA) and lastly
service charge. Contributions can be paid through 3 methods which are:
i)remittance of payment through commercial banks' or employers who submit payments
using preprinted Monthly Contribution Schedule(Form8A). SOCSO appointed bank such
as: CIMB BANK BHD, MAYBANK BHD, RHB BANK BHD, PUBLIC BANK BHD, BANK MUAMALAT and
Pejabat POS MALAYSIA BHD (for Sabah and Sarawak only).
ii)payment via Internet Banking Employer must be registered and has an account at
any of the following banks: MAYBANK,CIMB,RHB and PUBLIC Bank Bhd.
iii)Payment at SOCSO's Office. SOCSO Office only accepts payment by cheque or
postal money order.
2) Lastly, of work that day is do the administration work. Learn on how tu use the
photostat machines and notes the important document that should be print for
reserve copy. Such as have to make the socso and epf copy after completed the
form.
TUESDAY-10/11/2009
1) I print the Payment Voucher of the client from the UBS Accounting Software.
I have a problems in printing the payment voucher because this is the fisrt time
I do this task. I also wondering and curious to know why I have to print this
payment voucher. After I print the payment voucher I have to clip it with the
cheque that I issued with to give that cheque to the client.
I think this cheque that I issued is the debt of the client to the creditors.
2) After I finished with my payment voucher for 2 and half hours I took to do that,
next tasks that I do is accounting. I do the company's client claims in the
Microsoft Excel. Most of the client of my company business is involved in the
food business industry in the Mid Valley, KLCC and other are construction in KL
area and subang jaya. I have to keep it here P&C(Private and Confidential).
I have a problems in printing the payment voucher because this is the fisrt time
I do this task. I also wondering and curious to know why I have to print this
payment voucher. After I print the payment voucher I have to clip it with the
cheque that I issued with to give that cheque to the client.
I think this cheque that I issued is the debt of the client to the creditors.
2) After I finished with my payment voucher for 2 and half hours I took to do that,
next tasks that I do is accounting. I do the company's client claims in the
Microsoft Excel. Most of the client of my company business is involved in the
food business industry in the Mid Valley, KLCC and other are construction in KL
area and subang jaya. I have to keep it here P&C(Private and Confidential).
Monday-9/11/2009
1) Next day of work first tasks that I received from my boss is accounting work.
I have to learn the the accounting software step by steps. That is UBS Accounting
System. I explore the UBS Accounting System the whole day guided by the book that
I received from my boss.
2) I also received the UBS Accounting Software to be installed and learn at home. To
me this is one of the added advantage that I can learn any time. Thank you to my
boss and my office clique who is also a practical UiTM student there, that guided
me all the time when my boss meeting outside with the client to do the audit
at the client company.
1) Next day of work first tasks that I received from my boss is accounting work.
I have to learn the the accounting software step by steps. That is UBS Accounting
System. I explore the UBS Accounting System the whole day guided by the book that
I received from my boss.
2) I also received the UBS Accounting Software to be installed and learn at home. To
me this is one of the added advantage that I can learn any time. Thank you to my
boss and my office clique who is also a practical UiTM student there, that guided
me all the time when my boss meeting outside with the client to do the audit
at the client company.
Sunday, January 10, 2010
FRIDAY - 06/11/2009
1) Today is my first day of works in an audit firm of CK Tiong & Co.
I am very nervous and curious to knows what type of work will I do.
My boss welcome me with pleasure and teach me to do the administration works as
my first tasks.
In this administration works my first task is to do the filing system of the
client company. I do the invoice purchases filing of the client company.
2) Next things of administration works I do is, I learn how to do the Indexes.
3) Lastly for this day, is my boss teach me how to do the accounting works. I learn
Microsoft Excel on how to do the editing and key in the client's claim in excel.
I take long time to do this schedule and after finished doing this claims I must
print out that claims. After finished this task I handled this work to be check by
my office clique.
I am very nervous and curious to knows what type of work will I do.
My boss welcome me with pleasure and teach me to do the administration works as
my first tasks.
In this administration works my first task is to do the filing system of the
client company. I do the invoice purchases filing of the client company.
2) Next things of administration works I do is, I learn how to do the Indexes.
3) Lastly for this day, is my boss teach me how to do the accounting works. I learn
Microsoft Excel on how to do the editing and key in the client's claim in excel.
I take long time to do this schedule and after finished doing this claims I must
print out that claims. After finished this task I handled this work to be check by
my office clique.
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