Student no.: 2008304591
Session:June 2010 – November 2010
Summary Of Report
The scope of work that have been done by me in six month of practical training in Adib Azhar & Co are covered into four categories that are :-
i) Auditiii)Secretarial and Accounting
ii) Taxationiv)Management consultancy services
The first work that I need to do during my practical training is UBS Accounting System. This system is similar to MYOB that request data to be entered in the system in order to proceed with the next step of accounting which is auditing. UBS Accounting System requires to keying the data about sales, cost of goods sold, assets, liability, and the expenses of the company.
Besides that, I should have the knowledge in using Microsoft Office Excel which is important because all the account must keep and calculate in Microsoft Excel. As an accounting student also should know about the audit, to know what the limitation as the auditor what he can and cannot do in order to give true and fair view in financial statement and also the audit process and audit evidence which is the ways to prepare audit report.
Here, I made list of the company that I completed doing the UBS Accounting System. They are:-
i) Bucin Motor Sdn. Bhd.
ii) Perunding Teknik Padu Sdn. Bhd.
iii) Pakatan Animaz Sdn. Bhd
iv) Stor Kayu Mega (SKM) Mega Product (M) Sdn. Bhd
v) Kesatuan Pekerja Air Kelantan (KEPAK)
vi) Tursab Sdn. Bhd
vii) Azlina Abdul Aziz & Associates
viii) Marhaini & Associates
ix) Transflex Builders Sdn. Bhd.
x) Khyrar Sdn. Bhd
xi) Adib Azhar & Co
Then, I am exposed in doing tax computation and capital allowance. When the companies get profit, automatically tax is compute. If the company suffered losses tax computation does not been compute. Below are name of company that make the tax computation and calculate their capital allowance:-...