Visit by lecturers will start during Nov-December.

The
respective lecturers will call you and employers before
visiting to ensure you&employer are in office. So make sure
the contact number given to me is correct and actively in
use.
Students outside Klang Valley, KL, Putrajaya and N9- your
visiting lecturers are from Branch Campuses.
EVALUATION BY LECTURERS (60%)
Lecturers will evaluate your log book-20% (make sure it is
signed and stamped by employer every week or at least
once a month). Failure to do will cause deduction in marks
given.
Mark on visit is 20% (your commitment, readiness,
communication with employers and other staff, work,
initiative, passion&interests towards jobs, able to complete
tasks as required, independence, how you deal with clients,
your appearance, attendance&discipline)
Mark on PAC600 report-20% (sample as uploaded)
You must write on:

i. Introduction
ii. Content
iii. Strengths&Weaknesses of the training
iv. Grammar/Structure/Organization of the report
EVALUATION BY EMPLOYER (40%)
Employer will fill in the evaluation form that you have got
with you (given to you during our last briefing-if I am not
mistaken it is in purple color)
Kindly ask your employer to settle it and it should be given
to the lecturers during their visit.
Remember, it should be treated CONFIDENTIAL.
PAC600 is PASS/FAIL status.
Do not think that after lecturer visit you are PASSED.
Everything will only clear after the official result is
announced.
Make sure all of the above are done before the lecturer
come and visit you!




PRACTICAL TRAINING REPORT
(PAC 600)
AUGUST 2012- JANUARY 2013

PREPARED BY:
UMI MANIRA BINTI MAT HUSIN
2010108033
BACHELOR IN ACCOUNTANCY (AC 220)
PLACE OF TRAINING:
INTAN ACCOUNTING & SECRETARIAL SERVICES
SUBMITTED TO: PN YUSARINA MAT ISA
DATE OF SUBMISSION: 31 DECEMBER 2012


STUDENT PROFILES





Name : Umi Manira Binti Mat Husin
Matrix No: 2010108033
Address: Lot 525, Kampung Chicha, Jalan Pasir Puteh
16150 Kota Bharu, Kelantan
HP No : 019-4542967
Email address: umimanira@ymail.com



TABLE OF CONTENTS

CONTENTS
1. BACKGROUND OF THE FIRM 1
2. SUMMARY OF THE JOBS DONE2-4
3. CONCLUSION...4















ACKNOWLEDGEMENTS

It has been great honor and privilege to undergo training at Intan Accounting &
Secretarial Services for the six months beginning 1
st
August 2012 until 31
st
January
2013.
Fisrt of all,I would like to give special thanks to Madam Yusarina Mat Isa, Coordinator
Student Internship and Mobility UiTM Shah Alam for his assistance to help us to choose
the place of training.
I am very much thankful to Managing Director of Intan Accounting & Secretarial
Services, Madam Norida bt Razali for providing all facilities and support to meet my
practical training requirements.
I would like to take opportunity to express my humble gratitude to the supervisors and
all staff of Intan Accounting & Secretarial Services for their constant guidance and
willingness to share his vast knowledge made me understand to complete the assigned
tasks.
Finally, I thank my parents and friends for their constant encouragement without which
this internship would not be possible.
Thank you very much and all the best


1.0 BACKGROUND OF THE FIRM





Intan Accounting & Secretarial Services was established on 2
nd
December 2009,
located at Lot 268, 1
st
and 2
nd
Floor, Taman Sri Lundang Binaraya, Jalan Sultan Yahya
Petra Lundang, 15200 Kota Bharu Kelantan. Intan Accounting & Secretarial was led by
Puan Norida bt Razali, graduate UiTM Shah Alam as a Managing Director and assisted
by nine staffs.
Intan Accounting & Secretarial Services provides a full range of professional services
from accounting, secretarial services, accounting software, auditing, taxation and
management consulting. Accounting services include bookkeeping, annual accounts,
management accounting while secretarial services include annual compliance services,
company formation, registration of companies, dissolution and restorations etc.
In addition to account and secretarial services, they recognize the need for
comprehensive assistance. Their commitment to providing management advisory
services influences their own management decisions and is a guideline for the growth
and development of their organization
2.0 SUMMARY OF THE JOBS DONE
At Intan Accounting & Secretarial Services, practical students have been exposed to
accounting, auditing taxation and also secretarial services. During six months here, I
have been given opportunities to do account, audit and taxation.
ACCOUNT
At the beginning, I was taught how to use UBS Accounting (User Business System ) to
create account of the company. We need to key in data from the documents given such
as official receipts, cash bills, cash book, invoices and many more. All the revenues,
expenses, assets and liabilities must be key in using UBS. Using this system, I have
learned how to key in debit credit items, delete and edit transactions, backup and
restore data and so on. The reports such as balance sheets, trial balance, profit and
loss account and cash flow will be generated after we completed key in all the data.
List of the companies that I have done:
i. Akademi Memandu Anda Sdn Bhd
ii. Syarikat Minyak Shell Chicha Sdn Bhd
iii. Rusdi Filling Station (Jeli)
iv. Mar Melor Motor Sdn Bhd
v. YS Maju Automotive Parts Sdn Bhd
vi. Rosma Trading



UBS System

AUDIT
For auditing, I have been assigned to do working paper and report for Restoran
Singamas Sdn Bhd year end 31 December 2011. Before prepare working paper, I
need to study the ledger first. Any queries regarding the ledger must be sent to the
company to make me more understand and clear about the data given. There are
certain sections in the working paper including fixed asset and investment,
inventories, debtor and other receivables, bank and cash balances, creditors and
accruals, long term liabilities, taxation, profit and loss item, statutory record and
shares. All these section must be done based on data in UBS. Any supporting
documents such as grants of assets, hire purchase and rental agreement must be
attached with this working paper. Besides that, I have to prepare letter of
representation and engagement, directors confirmation, bank and cash confirmation
that must be authorised by related person. After I have done working paper, I need
to proceed with the report which contains corporate information, report of the
directors, and statement by directors, statutory declaration, independent auditors
report, income statement, balance sheet, cash flow statement, statement of changes
in equity and notes to the financial statements.

TAXATION
I have been exposed how to do tax computation, deferred taxation, capital
allowances and reconciliation statement of asset and qualifying expenditure.
After that, I filled up Form C and R using e-filling for Restoran Singamas Sdn Bhd.
Besides that, I also have been given chance to do tax estimation or CP 204 for
Salem Aziz Textiles Sdn Bhd, Renal-Link (Kelantan) Sdn. Bhd.and Dellira Holdings
Sdn Bhd.

3.0 CONCLUSION
All in all, after six months doing practical training, I have gained a lot of knowledge and
get a good picture of the career opportunities available in the accounting
profession.Besides that, Im felt more disciplined and more sure of what to become in
the future after doing the practical training.














RESTORAN SINGAMAS SDN. BHD.
REF NO.:C 20252593-07
YEAR OF ASSESSMENT 2011
(Accounting Period: 1 January 2011 to 31 December 2011)
Deffered Taxation
RM
Net Book Value Of Fixed Assets 16,369.80
Less: Net book value of non-qualifying expenditure -
16,369.80
Less: Tax Written Down Value Of Qualifying Expenditure 10,913.40 (10,913.40)
Excess Of Capital Allowance Over Depreciation 5,456.40
Less: Unabsorbed Capital Allowance (10,528.49)
Less: Unabsorbed Business loss (4,742.00)
(9,814.09)
20% (1,720.40) (1,962.82)
(242.42)
CA 5,456.60 5,456.60
Depreciation (5,456.60) (5,456.60)
- -
UCA 9,701.00 (4,793.60)
UBL (4,742.00) (4,742.00)
4,959.00 (9,535.60)
20% 991.80 (1,907.12)

BALANCE SHEET
AS AT 31 DECEMBER 2011
NOTE 2011 2010
RM RM
NON CURRENT ASSETS
Office equipment & furnitures 7 16,370 21,826
CURRENT ASSETS
Director's account 8 253,111 250,941
Other debtors 9 7,460 17,460
Cash and bank balances 18,578 7,112
279,149 275,513
CURRENT LIABILITIES
Other creditors 10 3,482 3,140
3,482 3,140
NET CURRENT LIABILITIES 275,667 272,373
NET ASSETS 292,037 294,199
Financed by:
SHARE CAPITAL
Authorised-500,000 ordinary shares of RM1 each 500,000 500,000
Issued and paid-up
300,000 ordinary shares of RM1 each 300,000 300,000
RETAINED PROFIT (9,889) (5,801)
DEFERRED TAXATION 12 1,926 -
292,037 294,199

2011 2010
Note RM RM
Sales 213,272 95,673
Direct costs (104,984) (3,251)
Gross profit 108,288 92,422
Administrative costs (27,755) (3,215)
Other operating expenses (82,695) (93,949)
Profit from operation (2,162) (4,742)
Profit before tax 5 (2,162) (4,742)
Tax expense 6 - -
Net profit for the year (2,162) (4,742)
INCOME STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2011