Beruflich Dokumente
Kultur Dokumente
Weekly Re
Name of Student: Md. Alimuzzaman
Producing statements
Appraising/reporting
Ancillary services for clients
Other work (specify):
Review Accounts
Auditing
Preparing/ updating permanent notes
Evaluating systems/reporting weaknessess
Testing transactions:
Vouching-type tests
System based tests
Verifying financial statements:
Revenue account items
Balance sheet items (generally)
Fixed assets
Stock/work in progress
Debtors
Cash/Bank
Other assets
Capital/Reserves
Liabilities
Notes to accounts
23/04/2015
Accountancy
Preparing accounting records
Drafting financial statements:
Corporate bodies
Groups of companies
Partnerships/ Sole traders
Global Reporting
Creat Chart of Accounts
Up (preparing accounts)
16/04/2015
1
1.1
1.2
1.2.1
1.2.2
1.2.3
1.2.4
1.2.5
1.2.6
1.2.7
1.2.8
1.3
1.4
1.5
1.6
1.6.1
1.6.2
2
2.1
2.2
2.3
2.3.1
2.3.2
2.4
2.4.1
2.4.2
2.4.3
2.4.4
2.4.5
2.4.6
2.4.7
2.4.8
2.4.9
2.4.10
30/04/2015
09/04/2015
Time analysis
02/04/2015
32
-
70
-
112
-
110
-
30
-
2.5
2.6
2.6.1
2.6.2
3
3.1
3.2
3.3
3.4
3.4.1
3.4.2
4
4.1
4.2
4.3
4.4
4.5
4.6
5
6
7
7.1
7.2
7.3
7.4
7.5
7.6
7.7
8
Audit management
Other work (specify):
Audit instruction
Expense/Provision
Tax (includes preparing computations)
Company
Personal/Partnership
Tax collection returns
Other work (specify):
VAT/Customs
Other Experience (Specify)
Internal control adoption
Dividend Remittance
Royalty Transfer Certificate
Preparation of AGM Minutes
Preparation of Schedul X
Travelling
Total Client Time
Non Client Time
Study/Examination Leave
Other Courses/Lectures
Sickness/Adjusted
Holidays/ other time of
Industrial secondment
Office Administration
Idle time
Total Time
32
70
112
110
30
32
70
112
110
70
100
These notes explain the work which should be included within the brief description against each line
1 Accountancy
Note: Briefing, supervising, reviewing and discussion time should be allocated to the most
appropriate sub-heading. So should time spent whilst on loan to clients.
1.1 Preparing accounting records
Writing up books of prime entry, control/total accounts, ledgers and subsidiary books (e.g. a
plant register), trial balances: preparing analyses and reconciliations, including those for audit
purposes but excluding those specifically for tax purposes, which should be allocated to section
3. Incomplete record work will fall mainly under this sub-heading.
1.4 Appraising/reporting
Such as evaluating and reporting on accounting and management information e.g:
examination significant ratios and trends:
discussing drafts with clients:
commentries on financial statements to clients and third parties.
1.5 Ancillary services for clients
Such as preparing minutes, register, share transfers, annual returns, and providing other
secretarial services including formation of companies and attendance at meetings preparing
and certifying other document.
1.6 Other work
Specify only significant amounts of time which cannot be allocated reasonably under any other
heading.
2 Auditing
Note: Time may be spent on what seems to be a general activity for which there is no suitable
sub-heading, e.g time spent visiting branches, carrying out group audits, reviewing work done
by internal auditors or in using computer audit techniques. Such time should be allocated to the
sub-heading for the type of audit work which the activity involves, e.g time spent reviewing
internal auditor's procedural audit work should be allocated to 2.3.2.
limuzzaman
Totals
10
14
15
16
17
18
14/05/2015
21/05/2015
28/05/2015
31/05/2015
04/06/2015
25/06/2015
30/06/2015
Conver
t to
days
18/06/2015
11/06/2015
6
07/05/2015
In units
80
-
70
-
35
45
-
119
-
32
-
14
14
-
42
-
42
-
284
549
14
-
20.29
39.21
1.00
-
80
70
80
119
32
28
42
42
847
60.50
80
70
80
119
32
14
42
70
70
70
70
28
11
81
42
182
70
11
1,110
13.00
5.00
0.79
79.29
Do not include under sub-heading 2.4.1 any time spent on auditing such items as
sales, purchases, wages, expenses, as it should be recorded under one of the subheading of 2.3. However, include here time spent in auditing the revenue account,
evaluating the trends revealed therein, comparisons with prior years and significant
diferences and veryfying extraordinary and exceptional items. 2.4.2 should be used
for checking the accounts with the underlying records. It should also be used for
review audits and the audit of group accounts if the time cannot be allocated under
the other heading in 2.4. Time spent checking the statutory books, including share
transfer audits, should be recorded in line 2.4.8.
3 Tax
Note: Include here, not under section 1, time spent in analysing accounts for
disallowances etc. in preparing provisions and computations, in checking
assessments and in corresponding with the Tax Authority.
7 Non-Client Time
Note:Lines 7.7 and 7.8 have been left blank to nominate appropriate heading.
420
A Report by Manager
To be completed by the
manager for every three month
period and to be submitted to
the partner immediately after
the end of the quarter in
question.
5th____________
6th____________
7th____________
8th____________
Narrative
1 Learned about the sole trader business procedure and how to prepare the accounts of sole
gathered some knowledge about the contract between a sole trader and Multi national compan
(a) the Quarterly Work Report and the Weekly and Summary Record of
Work done:
Type of work
Date Discussed
by
With
Partner's remarks (in the event of any special instructions having been formulated by a manage
work,type and size of undertaking involved and what has been learned since the
peat information which is in the Weekly Work Record . An example might be:
g the production cycle of a manufacuring company which makes nuts and bolts
arned how the movement of goods is controlled ; the source of the postings to the
pt at standard cost) and variance accounts.
9th_______________
10th______________
11th______________
12th______________
13th____________
14th____________
15th____________
16th____________
Level of responsibility
Audit Representative
The partner should then, in discussion with the manager, review the
above document and:
(d) record his further special instructions, if any, on the type of work
and level of responsibility which ought to be assigned to the manager
with the object of ensuring a reasonable balance of work to be
undertaken.
Level of responsibility
(Signed)
(Signed)