Industrial training report at Telekom Malaysia Berhad / Nur Fatim Ayuni Ahmad Yunaidi

My memorable and enlightening 6-month industrial training began here at Telekom Malaysia Berhad. The early history of the establishment of Telekom Malaysia starts from the establishment of the Telecommunications Department of Malaya in 1946. The company work under this name for almost two decades and finally rebranded by changing its name to Telekom Malaysia in 1991. During the 6-month industrial training, I really gained many experiences and knowledge especially on how to be confident and master my technical skills. In this report, I will do a study on the effect of Malaysia Financial Reporting Standards (MFRS)/ IFRS on profitability. I chose this topic due to some problem had occurred with their monthly financial report when Telekom Malaysia decided to restructure their reporting standard. The results of this analysis shows that, all the independent variables which are operating cost, return on assets and return on equity had a significant positive and negative relationship on profitability. Therefore, a slight error in these figure could cause a massive damage for a Telekom Malaysia’s profitability. In order to reduce the error, seminar about MFRS with a simple explanation of it is recommended. Therefore, more knowledge of this new framework is needed by the employees in order to avoid this problem from recurring.