1. Work Attachment Presentation
Tan Shi Ning J

2. Foo Kon Tan LLP Mid-tier audit firm Founded in 1968
Ranked 7 in Singapore
Assurance services, tax advisory and compliance services, advisory services, business software solutions, financial services advisory and international business services

3. Foo Kon Tan LLP
Vision : A people-focused organization with bold leadership and inspired individuals
Mission : Empowered people scaling greater heights through living our ICARE values who deliver personalised services with deep expertise surpassing clients’ expectations.
Values : Integrity, Commitment, Accountability, Respect and Excellence

4. Learning Point 1 – Technical skills (Accounting knowledge)
Consolidation of financial statements
Revenue recognition
Expense recognition
Adjustments made by clients

5. Reflection Knowledge on FRS is important
Always check with client if unsure about certain accounting treatments or entries

6. Learning Point 2 – Technical skills (Audit skills)
Audit skills need to be picked up along audit engagement
Steep learning curve

7. Reflection Audit theory learnt in school only serves as a fundamental
More on the job training for audit
Various issues to look out for when it comes to various industries/clients

8. Learning Point 3 – Communication skills
Request clients for information and details
Inquire clients various questions
Body languages or expressions made by clients

9. Reflection Important to communicate with clients
Different approaches used when dealing with various staff

10. Q & A