April Journal - 1st Week

WEEK 1 

Date: 1 April 2024 - 5 April 2024
Day : Monday - Friday 
Location : BDO Office, Level 18, Menara Zurich
Time: 8.30 a.m - 5.30 p.m

TASKS OF THE WEEK

First day as intern

Day 1 ( 1 April 2024)

Watched orientation video

During the first day, I report at the company at 8.30am to the audit admin, Ms Ong Rui Ying and received company laptop, book note, lanyard and access card to enter the office.

Then, I need to fill in the trainee data form and Form ID to be submitted to HQ BDO KL.

Other than that, I also doing the assessment given which is sign up to MyNext Talent Portal and do some Psychometric assessment related to work values,work interests, personality & motivation, employability, career explorer, the future of work and English proficiency test. The application will help students to gain knowledge regarding their skills, help to create CV and find the internship placement.

Other than that, I watched online orientation video as part of my intern training. The video provided valuable insights into the company’s policies and procedures.  Overall, it was a helpful introduction to my role.

Lesson Learned

Throughout the day, I learned the importance of effective communication and organization in a professional setting. Additionally, I gained valuable insights into the company's procedures and expectations for trainees. The orientation video provided helpful guidance on navigating the internship period, while the assessments on the MyNext Talent Portal enhanced my understanding of relevant topics. Overall, today's experiences underscored the significance of adaptability and continuous learning in a dynamic work environment.

Casting checked the financial report

Day 2 ( 2 April 2024)

Casting checked

During my second day, I performed casting checked on 3 company which is V Sdn Bhd, SD and HG Sdn.Bhd. The purpose of casting checked are to confirm that calculations (totals, subtotals) in financial  statements or records are correct,  ensure that financial records comply with accounting standards and regulatory requirements and identify areas for process improvement within financial reporting and record-keeping.  I have performed the the casting checked by cross-referenced the selected samples against the original records. Other than that, I also must confirmed that the sums and calculations were accurate and matched the totals reported.

Lesson Learned :

Today activities which is casting checked provided me a valuable lessons in thoroughness and attention to detail. Conducting casting checks on multiple companies underscored the importance of precision in verifying and confirming important information. Plus, when I was organizing the financial statements reports for each company, it highlighted the significance of effective document management and organization skills. Moreover, ensuring the accuracy of company numbers on each document emphasized the critical nature of maintaining precise records. Overall, today's tasks help me to reinforce the necessity of meticulousness and accuracy in all aspects of professional responsibilities, particularly when handling important financial documents.

Day 3 ( 3 April 2024)

Casting checked

On Day 3, I continued the casting checks for four companies assigned by my senior. I focused on improving my efficiency and accuracy by examining the financial statements in greater detail and at a faster pace. For each company, I carefully reviewed the relevant documents, including transaction records and reports.

Lesson Learned :

The casting process has provided me with valuable insights into the organization’s financial health and overall performance. I’ve come to understand that an audited report must be free from errors, including spelling mistakes, as these can undermine the quality and credibility of the final document. Attention to detail is essential, as it reflects the integrity of the audit process and the reliability of the financial information presented.

Scanned and compile financial report

Day 4 ( 4 April 2024)

Compile and scanned the financial report

The following day, I was tasked with organizing the financial statement reports for CV Berhad and its subsidiaries. I ensured that each document was securely stapled together, double-checking the accuracy of the company numbers on each report. Each company had seven copies of the financial statements, which were to be distributed to the relevant reviewers. This attention to detail was crucial to facilitate a smooth review process.

Lesson Learned :

Throughout the day, I recognized the critical importance of attention to detail and accuracy when handling financial documents and correspondence. Organizing and stapling the financial statement reports underscored the significance of precision in administrative tasks. I made a conscious effort to ensure that each report was stapled correctly, adhering to the company’s standard of keeping the staples parallel. This focus on detail not only enhances the professionalism of our documentation but also contributes to the overall quality of our work.

Day 5 ( 5 April 2024)

Compile and scanned the financial report

On the next day, I scanned and compiled the financial report for CV Berhad, including comprehensive financial information on its subsidiaries. The soft copy of this report will be emailed to the client for their review. This process ensures that they have easy access to the necessary documents while maintaining clear communication.

Lesson Learned :

By scanning and compiling the financial report into a soft copy, I recognized how technology can streamline processes and improve accessibility for clients. This experience reinforced the need to stay updated with digital tools and practices that enhance productivity. Furthermore, I learned the importance of double-checking all information to prevent errors, as accuracy is vital in maintaining the credibility of financial reports.