Você está na página 1de 25

Internship

Programme for
Accounting
Students

Developed by Member Development and Education Division

FOREWORD
For students who are considering a professional career in Accounting, it is advisable that they pursue an
internship programme with a professional firm engaged in providing audit/assurance services. Hence, the
framework detailed in this document intends to provide guidance on areas pertinent to work placement
matters and would be relevant to:
Undergraduates those completing a degree in accounting or related studies
Professional accounting firms - specifically those engaged in audit / assurance services
It is acknowledged that technical and practical competencies are equally important, hence an appropriate
balance of both is essential in the development of a professional accountant. However with the challenges
faced by organisations today, considerable emphasis is placed on Emotional Intelligent Quotient (EQ).
Effective soft skill is the intrinsic quality of EQ and it forms the core of delivering professional and high
quality work.
Included in the propose framework is a supplementary document, i.e. an Internship Programme Toolkit
providing relevant information and guidance to facilitate the implementation of a practical internship
programme. These will serve as reference materials to students and potential employers participating in
the programme.
The main reference section of the framework would be the provision of a 6-month / 24-week Internship
Programme plan with a detailed course outline. The content is formed base on the required competencies
and desired attributes of an aspiring professional accountant. Hence, the programme supports a holistic
structure, i.e. balance development of technical competence, practical experience and soft skill work.
With the appropriate traits and professional behavior infused in the proposed programme, it would
enable students to acquire the basic skills before joining the workforce.
Note: Referring to TalentCorps Structured Internship Programme, it is recommended that each student
participating in the programme shall be entitled to a minimum of RM500 monthly allowance.
WHY START THE EXPLORATION
Practical experience is an integral element in the career development of an accountant, thus joining the
proposed internship programme charts the first step towards the right path. During work placement, the
significance of integrating classroom learning with application of knowledge is actualized. Furthermore
the distinctive aspect of this programme is that the student will gain an insight on the various functions
undertaken by professional accountants in an accounting firm environment.

Classroom
learning

Malaysian Institute of Accountants

Practical
Experience

Professional
Development

Professional
Accountant's
Capabilities &
Competencies

The work experience and opportunity to interact with potential / prospective employers facilitates the
transitional phase for those who will be applying for permanent employment. Hence, undergraduates are
strongly advised to participate in an internship programme before completing their course of studies.
The benefits of participating in an internship programme are listed below but not limited to:

Exploration of career in an accounting firm


Development of social skill - professional networking
Learning and development of practical / employable skills
Application of principles and technical knowledge at work

CHOSING THE RIGHT MINING AREA


Getting Started
Identify employers / organisations that support the learning and development of an aspiring professional
accountant:
Availability of appropriate / experienced coach(es) to guide and supervise interns / students
appropriately on application of technical knowledge (Ref: Appendix I on competencies to be acquired
during Initial Professional Development phase)
Supports the development of attributes of a Professional Accountant (Ref: Appendix 2 on attributes of
a Professional Accountant)
Able to facilitate the programme as closely as possible in accordance to the proposed timeline and
content as detailed in Appendix 3 Proposed 6-month Internship Programme)
Select and forward expression of interest
Enquire on the joining procedure of the firm. Subsequently forward a letter of interest and necessary
documents along with the application form (appended in Appendix 4) to the selected firm(s).
With reference to the course content and schedule in Appendix 3 , it would be advisable to confirm
the term of reference with the potential employer on the role and responsibilities that you will be
undertaking during the internship programme
Be prepared
First impression is often a lasting impression. Hence, spend some time in getting prepared before you step
into your new role.
Positioning yourself:
Find out more about the firm, the job and work area of work that you will be placed in.
Location and Transportation:
Where and how to get there? Dont be late on the first day of work this is not a good start.
Further advise:
For more comprehensive guide, please refer to the Internship Programme Toolkit for comprehensive
advice on the Dos and Dont
MINING THE SKILLS
A detailed outline of a 24-week (6 months) Internship Programme is provided in Part C of the Internship
Programme Toolkit. A brief review on the course content is as follows:

Malaysian Institute of Accountants

 Technical skills
Mapping over a 6-month time schedule, the tasks and work areas are consciously drafted to provide a
basic understanding and development of knowledge suitable for undergraduate students who could be
taking employment in the accounting profession. The time line is provided along with specific areas of
learning to be completed / accomplished within the defined period.
 Soft skills
Whilst the essential attributes of a professional accountant are detailed in Appendix 2, it is generally
expected of an intern to gain a combination of basic soft skills as described below:
Analytical skills
Critical thinking / Reasoning skills inclined towards innovative/creative thinking and problem
solving skills
Communication (Oral and written) / interactive and interpersonal skills
Teamwork
Attention to detail
Time management

WORK PLACEMENT: RECORD OF WORK EXPERIENCE


It is encouraged for interns to keep a record of tasks performed linking these technical skills and/or soft
skills acquired. This could be a simple daily log or weekly notes of knowledge and experience gained on
the job. Not only will this facilitate the formal record between the intern and the employer, it would
benefit the intern if a SWOT analysis is completed for further self-improvement at the end of the
programme.
A JOB WELL DONE
Remember to obtain the final assessment from your employer upon concluding the programme. For most
students this will form part of their grades in their course of study. Apart from this, the assessment will
value-add to your graduation testimonial.
Finally, leaving behind a positive impression how do you do that?
Drop a thank you note/letter to the coach and/or colleagues (in the organization / firm) who had assisted
you during the time spent with them. If they reciprocate with a referral letter on your accomplishment,
this will be more than a compliment this is an added advantage in your future job application.

Malaysian Institute of Accountants

Appendix 1
Competencies Technical, Professional Skills and Professional Value, Ethics & Attitudes
These are the required competences to be achieved upon the completion of the Initial Professional
Development (IPD) phase regardless of the intended accounting specialization of the candidate pursuing
a Professional Accountancy route.
A candidate who has completed IPD phase should have acquired the competencies as listed below and
demonstrated the following:
Depth of knowledge
Understanding
Application
COMPETENCIES
Technical
Financial Accounting &
Reporting
Taxation
Economics

Competence areas:
i) Financial Accounting
and Reporting
ii) Management
Accounting
iii) Finance and financial
management
iv) Taxation
v) Audit and assurance
vi) Governance, risk
management and
internal control
vii) Business laws and
regulations
viii) Information
technology
ix) Business and
organisational
environment
x) Economics
xi) Business Strategy and
management

Malaysian Institute of Accountants

Professional Skills
Intellectual &
organisational

Value, Ethics & Attitudes


5 fundamental principles:
- Integrity
- Objectivity
- Professional competence and due care
- Confidentiality
- Professional behaviour

Competence areas:
i) Intellectual
ii) Interpersonal and
communication
iii) Personal
iv) Organisational

Competence areas:
Professional skepticismquestioning mind alert to
conditions /indication of error or
fraud) and
Professional judgment-application of
relevant training knowledge and
experience within context of audit,
accounting & ethical standards making informed decisions /course of
action appropriate in circumstances
of audit engagement
Ethical principles
Commitment to the public interest
Act in the public interest
Note: Scope include commitment to a) Technical competence and
professional skills
b) Ethical behaviour
c) Professional manner
d) Pursuit of excellence
e) Social responsibility

Appendix 2
Desired attributes of an Accountant:
ATTRIBUTES
a) Professional attitude

b) Behavioural skills
c) Broad Business Perspective / Business
Management skills
d) Functional Skills

DESCRIPTORS
Related to professional demeanour/values - due care,
timeliness, courteousness, respect, responsibility and
reliability
Self-management, leadership skills
Strategic/critical thinking, analytical and problem
solving abilities applying to decision making process
Information Technology skills, risk analysis, financial
reporting, auditing, management accounting, taxation,
etc.

e) Technical Knowledge

f) Intellectual Skills / Abilities

Working knowledge, understanding, application,


analysis, synthesis and evaluation including
professional judgement and professional scepticism

g) Demonstrate desirable knowledge

Law, Economics, etc.

h) Interpersonal and communication skills

Interaction with clients and colleagues


Fluency in English

i) Ability to adapt and/or work within the


changes or complexity of the place of
employment

Adaptability in work environment, tasks, multi /


integrated tasks, working as a team or individual, etc.

Malaysian Institute of Accountants

Competence in accounting skills such as audit


Comprehensive understanding and competent
application of accounting principles and Financial
Reporting Standards

Supplementary Document

Internship
Programme Toolkit
on Audit Work
Experience
This logbook belongs to :
_________________________________________________ (Name)
_________________________________________________ (College / University)
_________________________________________________ (Students Contact No.)
_________________________________________________ (Tutors Name & Contact No.)
_________________________________________________ Employer / Designated Coach

Malaysian Institute of Accountants

CONTENTS
The Toolkit: Overview and Section Descriptor .......................................................................................................................... 8
Tips for Intern at work : The Dos and Donts.......................................................................................................................... 9
Part A : Getting to know your internship supervisor ............................................................................................................... 10
Part B : Induction ..................................................................................................................................................................... 11
1) Internship structure ......................................................................................................................................................... 11
2) Internship action plan ...................................................................................................................................................... 11
3) Induction guide ................................................................................................................................................................ 12
Part C : Outline and course details of 6 months Internship Programme ................................................................................. 13
Part D : Supervisor monitoring and feedback .......................................................................................................................... 15
Part E : Learning Log ................................................................................................................................................................ 16
1) What are the areas that impressed you most and/or others that caused disappointment during your internship?
(Note: To include your recommendations/suggestion for improvement) .......................................................................... 16
2) Tasks/goals set by your internship supervisor. What are your involvements? Describe and identify achievements. .... 16
3) What skills/new skills or ways of doing things enabled you to complete your tasks/goals? .......................................... 17
4) What challenges have you faced? How did you avoid or overcome difficulties? Is there anything you have yet to
achieve? ............................................................................................................................................................................... 17
5) What have you learned on functional areas that you have been assigned to? (Note: Include notations of learning from
colleagues and/or peers) ..................................................................................................................................................... 18
Part F : Internship Performance Evaluation by Supervisor / Coach ......................................................................................... 19
First Internship Performance Evaluation (to be completed on the week 8 of your internship) ........................................... 19
Second Internship Performance Evaluation (to be completed on the week 16 of your internship) .................................... 20
Final Internship Performance Evaluation (to be completed on the final week of your internship) ..................................... 21
Part G : SWOT Analysis (Optional for Students) ...................................................................................................................... 22

Malaysian Institute of Accountants

THE TOOLKIT: OVERVIEW AND SECTION DESCRIPTOR


Overview
Interns:
Besides providing guidance on the document of the work placement experience, advice on the essential dos and donts
are included here to help you to be well-prepared for the programme. Basic etiquette and common work policies are
summarised and explained to ensure you start with a positive note.
Supervisor / Coach:
To facilitate the evaluation process during the course of the programme and upon the completion of internship
relevant information with appropriate forms are provided in this document.
Also, included here are guidance on areas of emphasis that should be shared with interns during the induction session.
Other aspect:
Interns are encourage to provide both favourable and/or suggestions for improvement. This to encourage conceptual
thinking base reflecting the experience gain during the programme.
Sections: Descriptors
1) Part A Getting to know your internship supervisor
To complete this section, get to know your supervisor and understand his/her job function. Find out if there are
any activities and/or interests you have in common with your assigned supervisor/coach. This could be an icebreaker to form an effective informal interaction opportunities.
2) Part B Induction
To complete this section, find out from your supervisor on your internship structure, tasks or roles and
responsibilities in the organisations. Also, work with your supervisor on your internship action plan in the next 24
weeks. To complete the action plan, details can be extracted from Part C and adapted accordingly to accommodate
the necessary and practical work situation as required.
3) Part C Outline and course details of 6 months Internship Programme
This section provides you an outline and details on the course contents. The purposed of the proposed structure
is to provide guidance to interns and supervisor/coach on a programme that is implementable and serve as a
reference material. It is recommended to complete the programme according to the timeline stated in this section.
However, you should discuss the timeline with your supervisor/coach, and where necessary, changes can be made
to suit the actual work activities performed in the firm.
4) Part D Supervisor monitoring and feedback
To complete this section, you should meet your supervisor bi-weekly to obtain his/her feedback and obtain
advise/guidance on how you are progressing with the task(s) or assignment(s) assigned to you.
5) Part E Learning Log
To complete this section, you are required to note down your thoughts based on the questionnaires relevant to
your roles and work activities performed in the firm. The cumulative thoughts recorded in this section would
facilitate the formation of the SWOT Analysis in Section G.
6) Part F Internship Performance Evaluation
You and your supervisor are required to complete the following in 3 stages:
a) First Internship Performance Evaluation to be completed on week 8 of the internship programme.
b) Second Internship Performance Evaluation to be completed on week 16 of the internship programme.
c) Final Internship Performance Evaluation to be completed on final week (week 24) of the internship
programme.
7) Part G Strength Weaknesses Threats Opportunities (SWOT) Analysis
Based on notations completed in Part E, this will support the preparation of SWOT analysis. Forward action plan
can be formulated for further plans by the interns.

Malaysian Institute of Accountants

TIPS FOR INTERN AT WORK : THE DOS AND DONTS


Be polite and cooperative
Arrive on time each day. A 9am start means that you should be at your desk, working at 9am. If you want to have
breakfast, make coffee, or read newspaper, arrive at work early. A 5.30pm finish works the other way round. It
should be the earliest time you get up from your desk to leave.
Dress for success in smart business clothes and shoes. Pay attention to personal hygiene.
Learn and follow office protocols: dress code, schedule, etc.
Have confidence. Work hard, seriously and effectively, as though your internship was a permanent job. Gain
as much experience as possible and try to make a meaningful contribution to the workplace.

DOs

Have ready access to the telephone number for your tutor and your internship supervisor where you work.
Take an interest in your employer. Ask for materials relating to its history, products, business activities, etc.
Understand the importance of your job in relation to the responsibility of other employees in your area; other
departments; the organisation as a whole.
Listen carefully when instructions are given. If necessary, take notes. Follow instructions
there may be a reason why a job must be done in a particular way.
Ask questions youre on an internship primarily to learn. Admit if theres something you
dont understand and take responsibility if you make a mistake.
Expect that problems will occur. Know who to turn to if you have problems on the job. Perseverance, patience and a
pleasant personality will help you to overcome, or at least cope with, any difficulties.
Read a quality newspaper every day. How does the national and world news affect your employer? Your job?
Remain alert and energetic throughout your working day.
Dont chew gum
Dont expect special treatment. This only inhibits relationships with others and your supervisor and you can be disciplined for doing so.
Dont use work email for personal messages, even if your colleagues do. Many employers
make this disciplinary offence you can get terminated for doing it.
Dont send an email to anyone important in the organization without getting your supervisor to check it first.
They will know whether office politics demand particular ways of phrasing things.
Dont use the web for personal surfing even if youre told that you can. Your employer might record where
youve visited and if you go to a prohibited site, even by accident, you can be disciplined for doing so.

DONTs

Dont watch the clock. Be a dedicated, enthusiastic employee.


Dont enter the office wearing earphones, or use your MP3 player while on job.
Dont use your mobile phone at work. Ever. Wait until youre out of the office before you use it. Even if other people in the
office use theirs, you will be the one whos thought to be wasting employer time. If you absolutely must make a personal call,
ask permission to use the work telephone. If you are given permission, make it short this is a business telephone.
Dont shout across the office or working environment to work colleagues.
Dont use inappropriate language.
Dont eat at your desk where customer or colleagues are affected.

Malaysian Institute of Accountants

PART A : GETTING TO KNOW YOUR INTERNSHIP SUPERVISOR


Example : Complete the following with your internship supervisor at your first meeting :
Supervisor Name :

Sir/Mdm/Mr/Ms

Organisation :

You may attach your supervisors business card here


instead of completing their contact details

Designation/ job title :

Work address & postcode :

Floor No. :
Extension No. :

Contact No. :

Email :

Supervisors signature :

Date :

Notes :
You should establish the expectations and limits of the internship with your supervisor. Try to develop a good
working relationship so you can freely discuss what you are getting or not getting from the internship.
Inform your supervisor no later than 10am if are ill and will not be able to turn up for scheduled meetings. If
you become sick on the job, ask your supervisor for permission to leave.
You should monitor your own progress.
Make it a point to have regular meetings with your supervisor for feedback on projects ahead of time. Keep
yourself visible.
If you need more guidance, discuss it with your supervisor. However, respect his/her other responsibilities
and work schedule let him/her know you need clarification and would like to seek for some coaching
sessions.
Observe your supervisor and your colleagues. What special characteristics do they have that have helped
them succeed? Do you have these traits?
Make sure you present a good impression of yourself. You will be evaluated by your supervisor at the end of
the internship and you might want a reference from them in the future.

Malaysian Institute of Accountants

10

PART B : INDUCTION
1) Internship structure
Example : Complete the following with your supervisor
Name of the department or functional area that you are working in during your internship

List your key responsibilities (this should be completed with reference to programme outline and content
provided in Part C)

2) Internship action plan


Example : Complete the following with your supervisor
Task(s) / Assignment (s) *

By when?

Interns signature :

Date :

Supervisors signature :

Date :

Achieved?

*The details can be extracted from Part C and adapted accordingly to accommodate the necessary and
practical work situation as required.

Malaysian Institute of Accountants

11

3) Induction guide

a) Guide to complete your tasks


Accuracy and thoroughness are important. Try not to make mistakes, but do not be defensive if you
do. Learn from your mistakes.
If more than one person allocate/assign work to you, do ask your supervisor/coach which task takes
priority.
If you are able to manage more tasks, let your supervisor/coach know. Otherwise, offer to help out
other colleagues in the team, or read up on work-related material. You may start setting up your
project/log book. Try not to be idle.
You may be assigned with some routine work, be helpful and complete the task with the same
enthusiasm and maintain high standard of performance as you would apply in other areas as well.
Do not be pigeon-holed into doing one task. Seek new responsibilities and challenges.
Take notes when given a new task, especially if you are required to attend a meeting.
Follow through on all tasks you undertake. Deadlines are important. At the end of the internship, do
not leave any unfinished work without a proper handover.
b) Feedback on your internship progression
By the end of your internship you should be able to:
Give feedback

Receive feedback

Provide
valuable
feedback
to
the Take note on points raised
employer/supervisor/coach and/or MIA on Be open minded and reflect on constructive
the programme.
matters
Seek guidance on suitable approach and
techniques
Be systematic list down areas for discussion
Identify areas that complements and/or
beneficial to be incorporated into the
programme
c) Internship performance measurement
During and at the end of your internship there will be an opportunity to assess your performance together
with your supervisor. At the induction session, together with your supervisor:
refer to evaluation sheets (first, second and final evaluation forms) set meeting dates
get clarification on what you should be doing/how you should be performing to achieve, for example,
a 5 (exceptional) compared to a 4 (good)
consider how the grades will be applied to your internship experience including: completion of work,
work quality, time management, drive, capacity to learn, attendance and punctuality, working with
others, work etiquette and adapting to work life

Malaysian Institute of Accountants

12

PART C : OUTLINE AND COURSE DETAILS OF 6 MONTHS INTERNSHIP PROGRAMME


Proposed timeline and area of work:
Task and area of work that provide relevant Learning & Development
Timeline
opportunities**
Week 1 and 2
Students will be equipped with the theory on fundamental skills required as a
professional accountant. Among others include but not limited to:
All students will
undergo classroom
1. Ethics, values and attitudes
type training at the
Fundamental principles to ethics, values and attitudes
Malaysian Institute
2. Brief introduction to regulatory bodies in Malaysia: MIA, Bank Negara,
of Accountants (MIA)
MASB, CCM
for items 1 to 4.
3. Laws and regulations :
By-Law, Bank Negara requirements, Income Tax Act, Companies Act
Then students will
4. Introduction to auditing: concepts and procedures
further undergo
As a refresher to auditing concepts, procedures and how it is performed
training with
in practical
respective firms on
5. Audit methodology and Firms procedures
item 5.
Indexing, cross referencing, tick marks and enablers
Firms audit methodology
Professional communication (verbal and written) and interpersonal
Functional Skill
Critical thinking / reasoning relating to assurance assignments
Teamwork / Work allocations
Professional behavior
Documentation
Time management
Role play activities
Problem solving
Week 2 to 4

Week 5 to 8

Students will be exposed to practical experience in performing walk through


and test of controls. This should include, but not limited to the following
objectives:
1. Understand the business and its environment
2. Identifying significant accounts
3. Selection of transactions and controls to be tested
4. Identifying controls exception and mitigating controls and
5. Documentation and assessment of findings.
For students to demonstrate understanding on the fundamentals of accounting
principles, financial knowledge recommend the following area for auditing the
Income Statement (not limiting to depending on audit client) :
1.
2.
3.
4.
5.
6.

Malaysian Institute of Accountants

Revenue and its recognition


Gain and losses from the de-recognition of financial assets
Finance costs
Tax expense
Administrative, selling and distribution expenses
Other expenses

13

Students will be exposed to practical experience on the procedures to perform


audit of the above items as well as the mandatory requirements of the
Companies Act and Income Tax Act.

Week 9 to 12

For students to demonstrate understanding on the fundamentals of accounting


principles, financial knowledge recommend the following items for auditing the
Balance Sheet (not limiting to depending on audit client) :
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.

Property, plant and equipment


Investment property
Intangible assets
Financial assets
Cash and cash equivalents
Trade and other receivables
Trade and other payables
Provisions
Financial liabilities
Deferred tax
Share capital
Retained earnings/accumulated losses

Students will be exposed to practical experience on the procedures to perform


audit of the above items as well as assessment of the impact of the
requirements of the Companies Act and Income Tax Act.
Week 13 to 16

For students to demonstrate understanding on the fundamental of accounting


principles, financial knowledge recommend the following items for auditing the
other components of the financial statements (not limiting to) :
1.
2.
3.
4.
5.

Statement of cash flows


Statement of changes in equity
Other disclosures (i.e. necessary notes to the financial statement)
Accounting policies
Directors report

Students will be exposed to practical experience on the procedures to perform


audit of the above items as well as the mandatory requirements of the
Companies Act, 1965.
Week 17 to 24

Students will be exposed to handle audit assignments with supervision from the
engagement manager. Students are expected to carry out procedural and
administrative tasks on audits of financial statements.

**Employers may expand on this or have a relevant variance to jobs / tasks related to accounting and finance.

Malaysian Institute of Accountants

14

PART D : SUPERVISOR MONITORING AND FEEDBACK


You are required to meet your supervisor on the second week and every bi-weekly there on to evaluate how you
are progressing. Take note of areas that are going well or requires improvement. It may cover your development
of your skill set, understanding and completion of tasks, motivation and attitude, team work, etc.
Example:
Week (2) two :

Supervisor signatures

Date :

Week (4) four :

Supervisor signatures

Date :

Week (6) six :

Supervisor signatures

Date :

Week (8) eight : (also fill up the first evaluation form with your tutor / internship supervisor)

Supervisor signatures

Date :

Week (10) ten :

Supervisor signatures

Date :

Week (12) twelve* :

Supervisor signatures

Date :

*the feedback and monitoring session should be performed until the final week (week 24) of the Internship
Programme

Malaysian Institute of Accountants

15

PART E : LEARNING LOG


1) What are the areas that impressed you most and/or others that caused disappointment during your
internship? (Note: To include your recommendations/suggestion for improvement)
Example :
Week

Impress with

Disappointed with

Week (1)
one
Reason(s) / Propose areas of improvement :

Week (2)
two *

Reason(s) / Propose areas of improvement :

*the log notes should be recorded until the final week (week 24) of Internship Programme

2) Tasks/goals set by your internship supervisor. What are your involvements? Describe and identify
achievements.
Example :
Week
Week (1)
one

Log notes
Tasks/work areas/goals :

Remarks (achievements, learning points, etc) :

Week (2)
two *

Tasks/work areas/goals :

Remarks (achievements, learning points, etc) :

*the log notes should be recorded until the final week (week 24) of the Internship Programme

Malaysian Institute of Accountants

16

3) What skills/new skills or ways of doing things enabled you to complete your tasks/goals?
Example :
Week
Week (1)
one

Log notes
Soft skills learned :

Remarks (achievements, learning points, etc) :

Week (2)
two

Soft skills learned :

Remarks (achievements, learning points, etc) :

*the log notes should be recorded until the final week (week 24) of the Internship Programme
4) What challenges have you faced? How did you avoid or overcome difficulties? Is there anything you have
yet to achieve?
Example :
Week
Week (1)
one

Log notes
Challenges encountered :

Remarks (successful counteracts on difficulties reference to advice received , learning points, etc) :

Week (2)
two *

Challenges encountered :

Remarks (successful counteracts on difficulties reference to advice received , learning points, etc) :

*the log notes should be recorded until the final week (week 24) of the Internship Programme

Malaysian Institute of Accountants

17

5) What have you learned on functional areas that you have been assigned to? (Note: Include notations of
learning from colleagues and/or peers)
Example :
Week
Week (1)
one

Log notes
Social Skills :

Remarks (achievements, learning points, etc) :

Week (2)
two *

Social Skills :

Remarks (achievements, learning points, etc) :

*the log notes should be recorded until the final week (week 24) of the Internship Programme

Malaysian Institute of Accountants

18

PART F : INTERNSHIP PERFORMANCE EVALUATION BY SUPERVISOR / COACH


First Internship Performance Evaluation (to be completed on week 8 of your internship)
This evaluation should be carried out together by both intern and supervisor.
Please rate according to scale :
5 = excellent
4 = good

3 = satisfactory

2 = unsatisfactory

1 = poor

N/A = not applicable

Assessment of Interns Performance


Area of Assessment
Interns Assessment
Supervisors Assessment
On-the-job Performance:
Summary of Learning & Development from Supervisor / Coach - milestone review (please complete with
reference to Part D) :
Understanding of audit definition and principles
Application of audit methodology :
a) Interview skill
b) Audit test (compliance test & detailed inspection)
c) Selection of samples (statistical / through judgement)
d) Questioning skill
e) Inspection skill
f) Observation and confirmation skill
g) Documentation skill
h) Problem solving skill
i) Analytical skill
Overall Performance :
Completion of tasks
Work quality
Time management
Capacity to learn
Attendance and punctuality
Working with others
Work etiquette / Professional behaviour
Adapting to work life
Issues for action

For intern

For supervisor / employer

For college / university

Interns signature :

Supervisors signature :

Date :

Date :

Malaysian Institute of Accountants

19

Second Internship Performance Evaluation (to be completed on week 16 of your internship)


This evaluation should be carried out together by both intern and supervisor.
Please rate according to scale :
5 = excellent
4 = good

3 = satisfactory

2 = unsatisfactory

1 = poor

N/A = not applicable

Assessment of Interns Performance


Area of Assessment
Interns Assessment
Supervisors Assessment
On-the-job Performance:
Summary of Learning & Development from Supervisor / Coach - milestone review (please complete with
reference to Part D):

Understanding of audit definition and principles


Application of audit methodology :
a) Interview skill
b) Audit test (compliance test & detailed inspection)
c) Selection skill (statistical / through judgement)
d) Questioning skill
e) Inspection skill
f) Observation and confirmation skill
g) Documentation skill
h) Problem solving skill
i) Analytical skill
j) Preparation of Audit Report
Overall Performance :
Completion of tasks
Work quality
Time management
Capacity to learn
Attendance and punctuality
Working with others
Work etiquette / Professional behaviour
Adapting to work life

Issues for action


For intern

For supervisor / employer

For college / university

Interns signature :

Supervisors signature :

Date :

Date :

Malaysian Institute of Accountants

20

Final Internship Performance Evaluation (to be completed on the final week of your internship)
This evaluation should be carried out together by both intern and supervisor.
Please rate according to scale :
5 = excellent
4 = good

3 = satisfactory

2 = unsatisfactory

1 = poor

N/A = not applicable

Assessment of Interns Performance


Area of Assessment
Interns Assessment
Supervisors Assessment
On-the-job Performance:
Summary of Learning & Development from Supervisor / Coach - milestone review (please complete with
reference to Part D):
Understanding of audit definition and principles
Application of audit methodology :
a) Interview skill
b) Audit test (compliance test & detailed inspection)
c) Selection skill (statistical / through judgement)
d) Questioning skill
e) Inspection skill
f) Observation and confirmation skill
g) Documentation skill
h) Problem solving skill
i) Analytical skill
j) Preparation of Audit Report
Overall Performance :
Completion of tasks
Work quality
Time management
Capacity to learn
Attendance and punctuality
Working with others
Work etiquette / Professional behaviour
Adapting to work life

To be completed by Interns Supervisor


Please complete a short narrative report on the following aspects of the interns performance. All comments will be
shared with the intern and may be used as part of their ongoing record of achievement. Your feedback is very important
to us as it can also help us to improve our preparation for future internship programme.

On-the-job Performance

Overall Performance (e.g completion of tasks, work quality, time management, capacity to learn, etc.)

Meeting expectations
Interns signature :

Supervisors signature :

Date :

Date :

Malaysian Institute of Accountants

21

PART G : SWOT ANALYSIS (OPTIONAL FOR STUDENTS)


SWOT analysis (strength, weaknesses, opportunities and threats analysis) is a useful tool as it facilitates the
process of identifying key factors that you should take note of for self-improvement. Also, the outcome of the
analysis would guide you in strategising your career development. It is an analysis based on self-assessment that
helps you to put their thoughts in perspective that would form the structure of your forward plan /actions. Hence,
it is advisable that you complete the SWOT analysis do discuss this further with your counsellor or mentor for
guidance if required.
Brief description on the acronyms:

Strengths - internal attributes and resources that support a successful outcome.


Weaknesses - internal attributes resources that work against a successful outcome.
Opportunities - external factors the project/person can capitalise on or use to its advantage.
Threats - external factors that could jeopardize the project/person.

Example:
Formation of SWOT
Based on notation from Part E - Learning Log:

Strengths

Weaknesses
(Points for improvements)

Opportunities

Threats
(Points for further review possibility of seeking
advice from counsellor)

Personal action plan/points for further reflection :

Malaysian Institute of Accountants

22

Supplementary Document

Internship Application Form


Organisation applied :

Position applied:

A. PERSONAL PARTICULARS (please tick () where applicable)


Name (in full):
(Please print in block letters)

Current address:

Permanent address:

_____________________________
_____________________________
_____________________________
_____________________________
_____________________________

Same as current address


___________________________
___________________________
___________________________
___________________________
___________________________

Tel:

(Mobile)

Email:

Tel:

(House)

Date of birth:

(dd / mm / yyyy)

Age:
Gender:  Male
 Female
Marital status:
NRIC no:
B. EDUCATION BACKGROUND (please tick () where applicable)
Name of College / University

Photo

Undergraduate Degree

Major

CGPA

 Year One
 Year Two
 Year Three
 Year Four
Other courses pursued:
Are you a sponsored Student :  Yes  No

If Yes, sponsor name :


Year

Name of Secondary School

From

Subjects
To

Strength

Weakness

STPM Results
SPM Results

____ A

____ B

____ C

____ D

____ E

English

Bahasa Melayu

Mathematics
C. EXTRACURRICULAR ACHIEVEMENTS
Name of
School / College / University

Additional Mathematics
Year
From

To

____ F

Major responsibilities and contributions

Hobbies / Interests:

Malaysian Institute of Accountants

23

D. LANGUAGE ABILITY (please tick () where applicable)


Written
Language
Everyday
Often

Seldom

Everyday

 Bahasa Melayu
 English
 Chinese
 Others:

















Most of your reading materials are in:  Bahasa Melayu  English  Chinese  Others:

Spoken
Often

Seldom











E. INTERNSHIP INFORMATION
Availability
Date from ____________(dd/mm/yyyy) to ____________(dd/mm/yyyy)
Areas of Interest (please indicate your three preferences (1st, 2nd, 3rd) of areas of interest)
Preferences
Areas
Financial Accounting
Managerial Accounting
Budgetary Accounting
Tax Accounting
Auditing and Assurance Services
Business Advisory / Consulting
Insolvency
Information System
Others (please specify):
Objectives
What are your objectives in undertaking an internship with this Organisation? How does it fit within your career plan?

F. REFERENCE
Details

Personal Referee

Academic Referee

Name
Relationship with Applicant
Contact No.
Occupation / Designation
G. OTHERS
Please ensure that the following documents are to be submitted together with this application form:
 a copy of most recent results transcript from your university/college
 a copy of your up-to-date curriculum vitae
I hereby certify that all the above information is correct, to the best of my knowledge.

Name of Applicant:
Date:

Malaysian Institute of Accountants

24