tuesD@y

Date: 19 October 2010

Duration:1125pm

Today haze was really serious.

I went out with Yong Peng for Outside Audit in NXXXX Telecommunication Sdn. Bhd.( At Melaka Raya).

It was kind of headache for me as the thing i hate the most would be checking people's work

.

I was requested to do Vouching. The objective of the vouching is to search for unrecorded liabilities.In another word, we were to ascertain whether liabilities accruing to financial year ended have been properly recorded in the financial statement.

The source of vouching inclusive of payment vouchers from july till 30 September and unpaid supplier invoinces as at 30 September. This company financial end is 1July till 30 Jun.

We vouched the payment vouchers on PM basis. For value of liabilities that exceeding that PM value, it would be selected as sample and be vouched.

As one of the seniors( she is actually a trainee who enter the company earlier on) had already done partly of the vouching, i was just continuing her task. to be frank, i was really blurred and

uncertain of the task, it took me sometimes to find the details.

Well, i hope it gets better soon.

I realised Microsfot Excel is an important "TOOLS" in auditing. The audit workpapers would be in Excels and believe me, it would be a really long table.

Furthermore, the company that i was auditing today is rather unique in its payment system.

there were three cheques clearing amounts in two or three invoices amount with each cheques amount unequal to the item invoice amount. In other words, they used three cheques to clear a lump sum of three different invoices and those invoices could be of different dates. hence, we could never know which cheques is actually paying which amount. we could only know that lump sum of that three invoices are cleared by that three cheques from three different banks.

Sound complicated??

hmm...

I had my whole day in the client's office from 9 30 till 6 pm sharp.

Today, i backed from work around 620 pm. Tomorrow would be at that time too. ^^.....

Tomorrow would still be going this company. I WANT A PARKING LOT right in front of that company!! BELIEVE IT! it would be there for me, as i tried this law of attraction before.!