Sunday, 5 April 2015

Documentations

Appointment Letter


Thank You Letter

Reference Letter

Company Evaluation Form








Sunday, 29 March 2015

My Future Plan

After my internship, I have experienced the importance of accounting work in trading industry. I feel grateful that most of my expectations are fulfilled. I managed to handle a lot of challenging works within these three month internship.  At first, I would be curious to know what reason Mr Victor is willing to offer me multiple works and jobs since I am just an intern.  He told me that everyone should access to opportunities is equal no matter you are intern or employee.  In addition, I have shown and proven great enthusiasm for those projects, Mr Victor offered these chances to improve my work from time to time by giving feedback. Besides, working with teammates assists me to improve collaboration skill. Although we come from diverse backgrounds and education, our thoughts and aims are the same which allow us to work well with each other. Moreover, I am satisfied on the experience that I had met with various experts. I did liaise with them in order to build up my confidence.

As mentioned before, Mr Victor recommends me into the permanent employment since my work attitude and performance is proven. I am feeling deep pleasure of the job offer. However, I do not wish to limit myself in either specific field or industry, I hope my future plan is to attempt in diverse industries such as audit firm or bank. In order to achieve the goal, I will do my best in completing my degree course with flying colours so that I have strong base to face future challenges. Moreover, I will approach to an accounting qualification such as ACCA or CPA within three years time to polish my resume. Last but not least, besides the practical experiences I gained, I will improve my computing skill. To become a professional in accounting area, understanding on how to present the works using computer will bring advantages to future careers.


Sunday, 22 March 2015

My Reflection -- Last Day of Internship

On 20th March 2015, my internship had come to the end. However, there are two projects I do not manage to complete which are renewing the chart of account in the upgraded accounting software and completing the internal audit reports. Luckily, Chai Ling had involved in these two projects, I believe she can accomplish them if she is guided on her mistakes.

As Mr Victor will be going to Singapore at noon, I have a quick meeting with him to discuss who will be selected as the next AFI leader. After careful consideration, Chai Ling is appointed to be new leader. Subsequently, Mr Victor passes me the copy of the company evaluation form and reference letter. After a quick skim on it, I would say I achieve quite good evaluation for my performance as he ticks on the “outstanding” and “very good” column. Then, he tries to ask about my future plan as he offers me to be a permanent staff. However, I did not accept the offer yet because I have not decided my future career. I am deeply grateful and appreciate that he gives a great opportunity and professional environment to me.

Throughout the past three months of internship, it was a memorable moment for me to work in VG companies. The experience, the joyfulness and the friendship in this company will never be replaced in that secondary. What I had done, learnt and experienced, I do believe will polish me up become an outstanding employee in future career.
Group Photo With Colleagues!


A Memorable OT (Overtime) Night!
Best Partner (Chai Ling) in VG Companies!

A Farewell Dinner For All Taylorians!!

Tuesday, 17 March 2015

My Reflection -- Week 11 & 12

Within one more month, my internship is coming to an end. However, I was assigned few important tasks to complete.

Firstly, Ms Gillian, head of Human Resource & Administration, appointed me as the person in charge to modify the details of the petty cash claims procedure. As company has a lot of interns in different departments, they may not understand on how to claim their petty cash. Therefore, I have the responsibility to clarify it immediately. Since I have the basic accounting knowledge, it is not difficult to track all the previous transactions into the new petty cash claim book.

I am preparing 2014 files for doing internal audit
The prepared files have to keep in boxes
Moreover, Chai Ling and I were selected to get involved in the internal audit preparations. To be honest, I know nothing about being an internal auditor. Sooner, we were asked to have a meeting with Mr Victor in order to have necessary guidance to proceed. The core objective of the meeting is to learn how to work out a high quality of financial statement for each company.  He asked us write down all the important notes and do not hesitate to ask questions if we unsure. With the assist of Mr Victor, I have learnt how to be a great internal auditor. Internal auditing is an independent and consulting activity to improve the company’s operations. While preparing the financial statements, we can provide an independent viewpoint and advice on the areas for improvement. Lastly, all the prepared financial statements will be presented to managing director, Mr Victor as he wants to review the reports in order to evaluate and improve the effectiveness of governance, risk management and control processes. According to the KPIs, the dateline of the preparation is set by start of April. Well, I understand that it is impossible for me to engage in the activity until the moment we submit reports to audit firm, but I will try my best to do them as much as I can and sometimes I spend more overtime hours on the job.


Tuesday, 3 March 2015

My Reflection -- Week 9 & 10

Basically what I did for these two weeks was to continue the previous GST preparations such as upgrading the accounting software and preparing a chart of account.

In term of upgrading accounting software, Mr Victor made a decision of choosing QnE accounting software be our company’s accounting software system in the next few years. Then, I start to contact with the person in charge of the accounting software in order to make deal with them. Before the agreement was made, I continue the research on the software in order to find more information.  However, I face problems when dealing with Mr Zen Choo, salesman of the accounting software. As this period is the peak season for each company to upgrade their accounting software with GST compliance, Mr Zen Choo might not able to upgrade the software promptly with clear time limits. Therefore, we are passed to another dealer, Mr Darren to handle our case. Sooner, the accounting software has been upgraded and we could implement the next steps.

Then, Chai Ling and I were composing a new chart of account in order to make an amendment to the existing chart of account. I have begun to realize the importance of teamwork in workplace as it is difficult to gather all the information individually among nine companies. We distributed the nine companies into two categories and then each of us handles one part of it. At the end, we were just use up two working days to complete this challenging task. Throughout this task, it enhances our relationship of each others. I found that in a team, we must cooperative and convey the correct information to each other in order to complete the task efficiently.

Friday, 20 February 2015

My Reflection -- Week 7 & 8

According to the announcement of Malaysia’s Finance Minister in Budget 2014, the upcoming Goods and Services Tax (GST) will take effect from 1st April 2015 at the rate of 6%. Thus, Mr Victor adopts some course of actions to ensure company in compliance with GST standards. I was lucky enough that I have the valuable opportunity to engage in the GST preparations.

Firstly, I list all the pros and cons between QnE accounting software and MYOB software includes their functions and prices as Mr Victor plans to upgrade the old version accounting software or buy a new one. He will pick the most appropriate one which is suitable for the existing company’s situation. Throughout the preparations, I realise that it is not an easy task. I take a long time to summarise all the main point about MYOB software as I am not familiar with it. Luckily in the end, I am able to report punctually to Mr Victor before the dateline.


The scenario of the GST Seminar
Besides, Rakuten Malaysia Sdn Bhd held a GST seminar in their office. I was delegated as representative to attend the whole day seminar. Fortunately, I have a basic understanding about GST since I have completed a related assignment last semester. To recall my memories from the past, I search the internet for information and go through the assignment I did before I attend the talks.Throughout the seminar, I have learnt something new. Firstly, it reinforces my idea and knowledge about GST. I have a better picture on what GST is, how it functions and how it affects business especially those doing online businesses. Secondly, I am able to meet up with different experts from different companies. In real business world, no one knows who you are until you introduce yourself; therefore we must treat ourselves as a real employee to show up the professional way in front of others.

Thursday, 5 February 2015

My Reflection -- Week 5 & 6

Like I mentioned previously, we had only two interns handling works in the AFI department. Sooner, Grace was leaving from the start of January. In spite of it, I tried my best to contribute more with my skill as I want to show my capability on the job in order to add value in company. Overall, I am satisfied my performance for pass few weeks and finally my contribution is paid off. Hooray! I have been promoted as AFI department’s team leader due to my commitment. There were two new interns, Warren and Chai Ling, coming in and I was appointed to lead them by providing the related accounting skill and knowledge.

As a team leader, I organised the Key Performance Indicator sheet (KPIs) to evaluate the particular activity in which it engages. In terms of formulating KPIs, I stated clearly what the current organisational objectives are, who handle the activities and also how the plan on achieving them. Even if one of the team members is absent on a particular day, the others are possible to proceed against the following task without delay. Therefore, KPIs not only help me to improve a better understanding of the business processes, but also provide the chance for me and teammate to support and assist each other works since the information are shared.

Being a team leader force me to analyze my own strengths and weaknesses. The quality that I perform in team is being optimistic. I believe a positive attitude leads to a positive outcome to a company and I have proved the statement is true. I always encourage and motivate my team members to work hard in order to maintain a good working environment and then achieve positive results. I also would like to help them by sharing my opinion and finding the solution to problems. For example, Warren faced the problem in tracing back the previous transaction from computer file, I taught him to search it through the QnE accounting software in order to continue the proceeding. Lastly, we accomplished the task efficiently and were praised by our supervisor, Mr Victor due to our efforts.

In contrast, lack of communication skill is the weakness of mine to be a great leader. In order to be a true and successful leader, I always share my thoughts with team members. It enhances my eloquence and build up my confidence as I would learn to give my own opinions to others. In long run, it helps my team working on the right directions and value add to company at the same time.