1.

ACKNOWLEDGEMENT
First and foremost, I would like to give my gratitude to Mr. Hasbi Tangge as well as Mr
Baltasar Maskor, for their kindness accepting my application to do my practical training in
their firm, Hasbi & Co and Bal & Partners. Both of them were expert in their own field and
they gave me the opportunity to learn not only in accounting and audit but also in other field.
I would also like to give my gratitude to Mrs. Nelmi Mohd Nur, the manager of Hasbi &
Co. and also one of the audit seniors in Bal & Partners for her guidance and kindness
throughout my internship program. Less but not least, to the staffs at Hasbi and Co. and Bal
& Partners especially Ms. Putria Uddin, Head of Accout department and Mr Ali Omar, senior
auditor, for their guidance specifically in firming my foundation in accounting and audit
practices.
Special thanks to Madam Yvonne Joseph Ason, the Internship Program Supervisor for
Accounting Faculty in UiTM Sabah, guiding us in making better decision and encouraging us
to learn as much as possible. Lastly, to my practical mate, Nur Faziela, for her support
throughout our practical training.

2. INTRODUCTION
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2.1 Hasbi & Co

Hasbi & Co was founded on 23rd January 2013 by Mr. Hasbi Tangge. Before, Mr.
Hasbi and some of the senior staffs under him was working at MNZWAJ Associates. With the
supports and experiences they planned to stand independently and established their own
asector. Together with the experienced staff, Hasbi & Co has moved forward in establishing a
growing name in the sector which serves in those area of services and with the joint venture
with Bal & Partners, this firm has created a promising future of success in line with other
firms in the field. At present, there are 20 highly qualified professionals.

2.2 Bal & Partners

After his resignation from one of the recognized accounting firm in Malaysia, Mr.
Baltasar has decided to establish his own firm and pursue his own professional practice as
chartered accountant on 20th October 2010. This firm was registered as Chartered
Accountants Firm with Malaysian Institute of Accountants (MIA) under the name of Bal &
Partners offers with wide professional services of a high standard to ensure this quality
permeates every aspect of the firms practice especially in the area of personal service,
confidentiality and secrecy, quality control, cost effective service, training, recruitment and
meet the professional standards. Bal & Partners offers wide range of services such as
auditing, accounting, tax services, secretarial services, receiverships, liquidations and
management consultancy equip with experienced and knowledgeable staffs to run the
business. The philosophy of the firm is to grow with its clients through the serves of personal
advice, consultancy and by providing high quality professional services. This firm
acknowledge the important of inter-link growth that both firm and clients can enjoy. At
present there are 15 qualified professional staffs in office. Currently, the firm is in the process
to increase the number of recruitment in various personnel to meets its expansion needs.

At Kota Kinabalu branch, Hasbi & Co and Bal & Partners was located at No F-2-7
Lot 37 Block F, 2nd Floor Lorong Plaza Utama, Plaza Utama Alamesra, 88400 Kota Kinabalu,

Sabah, while the other branch of Bal & Partners was located at Shah Alam, Selangor Darul
Ehsan. These firms do not establish many branches to ensure professionalism and maintain
high standard of work.

3. SUMMARY OF THE INTERNSHIP PROGRAM

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My internship program was started on 1st February 2016 and the compulsory period to
complete the program is 6 months which is until 31 st July 2016. I chose Hasbi & Co. and Bal
& Partners to complete my practical training and this firms are within a single building. My
practical mate, Nur Faziela and me undergone our internship in both firms, Hasbi & Co and
Bal & Partners. First week of internship, we were exposed to the system which known as
Mind Your Own Business (MYOB) for accounting purpose and were taught the know-how
of the audit system by using excel. Basically, the task we were given comprising government
agencies and private sector either active or dormant companies.
In the first month (February), my first task was to prepare financial statements for an
active company, Maymedia Sdn Bhd for four year assessment beginning 2009. During the
training, I learned several new things which I am not aware during lecture thus, firming my
foundation in accounting and audit. We were lucky to do our practical training in the first
quarter of the year, in which government agencies, private companies and even sole
proprietor individuals are starting to prepare for their financial statement as well as their
audit. I was told earlier that I will be assigned to audit two government agencies which is
Majlis Daerah Kuala Penyu (MDKP) and Koperasi Pembangunan Desa (KPD) in March and
May. Auditing government agency is quite different and complicated from private sector, but
the experiences were good. Coincidentally, I was to audit for the expenses for both agencies
and with help from senior auditor, guiding me through the process, the tasks were completed
within the proposed period.
In the second month (March), I have been assigned to audit Majlis Daerah Kuala
Penyu (MDKP). The task was given to Mr Ali Omar, a senior auditor, and assisted by me as
as an audit assistant. The best thing about government audit is that instead of working in our
own office, we will be working in their place in which in Kuala Penyu. Mr Ali assigned me to
handle the expenses as he will be incharged for the overall auditing. This time around, we
were given a week to complete all the audit test and another week to finalize the report. I am
told that there will be meeting to appoint Bal & Partners as their new auditor, and I am
excited to go through the meeting. The week was quite tiring as the most of the week we
spend on doing audit till late night, but the experience were good.
In April, Mrs Nelmie, our manager, give me a task to audit an active company, Rank
Vacation Sdn Bhd, a hotel or room service business, for eight years of assessment beginning
2008. The task was quite difficult as there are several visible error in the account especially in
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term loan. With help from Mr Hasbi and several senior auditors, I managed to complete the
task in middle May. The task took quite some time to complete as there is some adjustment
made in the account as well as in during the audit process.
For the following month (May), again I was assigned to audit a government agency
which is Koperasi Pembangunan Desa (KPD). The team was leaded by Mrs Dayang Shofiah
Laugan assisted by Erwana Rusdi, a senior auditor, Nur Faziela and myself. The proposed
time period for the audit process was two weeks in KPD office and another two weeks in our
own office. So far this is the toughest audit assignment I was assigned to since KPD is one of
the largest government agency in Sabah. This time around, I also given a task to audit KPDs
expenses as whole while my practical mate, Nur Faziela was on income.
It is the 6th month since I have started my practical training, since then, I have been
build a firm foundation in accounting and audit thanks to the help of the senior staffs. Mrs.
Nelmi then handed to me several documents of Anjung Prisma Sdn Bhd and Anjung Indah
Reka Marketing Sdn Bhd and asked me to prepare financial statement for both the
companies. I am still in the process of preparing the financial statements and at the same time
still learning and need guidance from senior staffs.
As trainee, we are given allowance RM250 as a token of appreciation for the work we
have and moreover, Mr Hasbi also allow us to claim any expenses we incurred during our
audit process in government agencies. We were given a book to each of us to write down our
progress daily and checked by our manager once a month. Though the works are stacking up
each day, the staff manage to held our Yassin recitation every friday before the Jumaat pray.
Furthermore, the staffs were segregated based on department and there are four major
departments namely audit, account, tax and secretarial. All accounts work will be reviewed
by Ms. Puteri, the head of accounts while audit work will be reviewed by Mrs. Nelmie, the
manager. As for senior audit, their audit work will be reviewed by email by Mr Baltasar or
Ms Zehan, the manager in Shah Alam branch. Once or twice a month Mr. Baltasar will come
to the office to sign several pages that need his approval and signature.

4. CONCLUSION

During my training in Hasbi & Co and Bal & Partners, I enjoy the hospitalities from
the staff and Mr Hasbi himself. I learned a lot of things especially in audit and accounting and
faced many challenges that directly improve my skill as future accountant in solving
problems. Being one of the interns in Hasbi & Co and Bal & Partners was a great opportunity
for me to enhanced my knowledge in accounting and auditing field. I find it more easy to
understand when you do it practically than theoretically in lectures. Those good experiences
also help me to enhance my interpersonal, communication skill and also slightly adding
positive behaviour to be more independent and stay focus. Those benefits will be the added
value in my resume when I am looking for a job soon. Experiencing those precious moments
had triggers my interest to pursue my future goal to be a Chartered Accountants and try to
secure a position as an accountant in any of the big firms in Sabah.
I personally would like to suggest the use of an audit system software that not only
reduce error but also improve the accuracy and save time. Though the use of excel to do audit
work is not an up to date system, the work still complying with the standards and the work
done still as good as using an audit system. In a short term run, excel is still the best as it is
more cheaper than having an audit system software. On the hand, in a long term run, the use
of audit system software is starting to overcome its pros than its cons. So I suggest, the firms
to start looking for potential vendor for the audit system. Moreover, the firms should look for
a better air conditioner vendor that can provide both maintenance and quality machine for the
long term. The current air conditioner in Kota Kinabalu branch was quite bad and at some
point the staffs have to provide their own fan just to cool down during the hot noon. In the
future, I hope that the firm have better working environment compare to these previous
months to ensure good working motivation and moral.