Industrial training report: CK Management Services Sdn Bhd / Nor Shahiera Ahmad

I am glad to begin my internship as a Finance intern at Ck Management Services as part of my Bachelor's degree requirements. CK Management services Sdn Bhd are a group of professional business consultants dedicated to advice and assist on secretarial, accounting and SST matters for Malaysian businesses. This company has been established for more than 36 years in Kuala Lumpur, Malaysia. They emphasis on delivering quality services and be the right hand of the small medium enterprise companies. It provides services include book-keeping, company secretarial, taxation and business advisory to all business in Malaysia. The clientele portfolios include individual, partnership, limited liability partnership, companies and professional services providers. Nor Shahiera binti Ahmad As an intern, I was responsible for a wide range of responsibilities, including supporting the company with all data entry, tax computation, and bookkeeping. Aside from that, the ultimate goal of my training is to assess the company's strengths, weaknesses, opportunities, and threats in areas such as politics, economics, social, technology, the environment, and law. Key findings include their distinctive competencies in experienced and skilled workforce and clients longevity and loyalty to the business. Then, lack of office space and the company has a lot of overtime are the company weaknesses, opportunities of new technologies available to improve the services by using accounting automation and business transparency, and exposure to threats of cybersecurity risks and the accounting shortage skills. It is recommended that the company address these findings by constantly monitoring their firm culture to maintain the skilled workforced in accounting and audit for their strengths, attempt to reinvent their office spaces to rectify their weaknesses, capitalise on opportunities through development workshops to train employees on the use, duties, and relevance of automated accounting systems, and cushion the prevailing threats by prioritising cybersecurity and setting up backup systems. If the company delays or opposes the advice, it may find itself in a worse position to adapt to the ever-changing business environment.