HR

Tips For Graduates In Accounting Industry

Tips For Graduates In Accounting Industry
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Tips For Graduates In Accounting Industry

My tips to our fresh #graduates in our professional industry :

1. Embrace a Learning Mindset

Approach your internship with an open and receptive mindset. Recognize that this is a valuable learning opportunity where you can acquire new skills, industry knowledge, and gain exposure to real-world scenarios.

Take every task as a chance to learn and grow, and actively seek feedback from your supervisors and colleagues.

2. Develop Strong Technical Skills

Audit and tax internships require a solid foundation of technical skills. Familiarize yourself with the fundamental concepts, regulations, and industry standards relevant to your role.

Stay updated with the latest developments in accounting principles, tax laws, and auditing procedures.

3. Master Time Management

In the fast-paced world of audit and tax, efficient time management is crucial. Learn to prioritize tasks effectively, set realistic deadlines, and allocate your time accordingly.

Use tools like to-do lists, calendars, and project management software (Trello as we did) to stay organized and ensure the timely completion of assignments.

4. Nurture Effective Communication Skills

Strong communication skills are essential in any professional setting. As an intern, you will interact with team members, clients, and stakeholders at various levels.

5. Seek Mentors and Network

Take advantage of the wealth of knowledge and experience available to you within your organization. Seek out mentors who can guide you in your career journey and provide valuable insights.

6. Embody Professionalism (one of KTP core value)

Demonstrate professionalism in all aspects of your internship. Adhere to company policies and ethical guidelines, maintain confidentiality, and exhibit a high level of integrity.

These qualities will help you establish a strong professional reputation and position you for future opportunities.

YouTube Video

🎥 Explore Career Success with Our Latest Video on KTP YouTube 🎥

https://lnkd.in/gBjDuuv5

Source

Authored by Mr Koh Teck Peng, our Group Principal in his personal LinkedIn posting

https://bit.ly/3PJ0rxF

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Bookkeeping, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsourcing bookkeeping, and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancies in Johor Bahru for interns, graduates & experienced candidates.

#Thk

#KTP

 

Tips For Graduates In Accounting Industry

Tips For Graduates In Accounting Industry
View Full Size

Tips For Graduates In Accounting Industry

My tips to our fresh #graduates in our professional industry :

1. Embrace a Learning Mindset

Approach your internship with an open and receptive mindset. Recognize that this is a valuable learning opportunity where you can acquire new skills, industry knowledge, and gain exposure to real-world scenarios.

Take every task as a chance to learn and grow, and actively seek feedback from your supervisors and colleagues.

2. Develop Strong Technical Skills

Audit and tax internships require a solid foundation of technical skills. Familiarize yourself with the fundamental concepts, regulations, and industry standards relevant to your role.

Stay updated with the latest developments in accounting principles, tax laws, and auditing procedures.

3. Master Time Management

In the fast-paced world of audit and tax, efficient time management is crucial. Learn to prioritize tasks effectively, set realistic deadlines, and allocate your time accordingly.

Use tools like to-do lists, calendars, and project management software (Trello as we did) to stay organized and ensure the timely completion of assignments.

4. Nurture Effective Communication Skills

Strong communication skills are essential in any professional setting. As an intern, you will interact with team members, clients, and stakeholders at various levels.

5. Seek Mentors and Network

Take advantage of the wealth of knowledge and experience available to you within your organization. Seek out mentors who can guide you in your career journey and provide valuable insights.

6. Embody Professionalism (one of KTP core value)

Demonstrate professionalism in all aspects of your internship. Adhere to company policies and ethical guidelines, maintain confidentiality, and exhibit a high level of integrity.

These qualities will help you establish a strong professional reputation and position you for future opportunities.

YouTube Video

🎥 Explore Career Success with Our Latest Video on KTP YouTube 🎥

https://lnkd.in/gBjDuuv5

Source

Authored by Mr Koh Teck Peng, our Group Principal in his personal LinkedIn posting

https://bit.ly/3PJ0rxF

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Bookkeeping, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsourcing bookkeeping, and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancies in Johor Bahru for interns, graduates & experienced candidates.

#Thk

#KTP

 

ACCA Malaysia Virtual Careers Fair 2023

ACCA Malaysia Virtual Careers Fair 2023
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Are you ready to take your career to new heights?
Look no further than KTP, where we're proud to be part of the prestigious ACCA Virtual Careers Fair 2023!
Don't miss out on this incredible opportunity to connect with our representatives and explore the rewarding possibilities of working at KTP.
Register now using the link below and upload your profile to secure your spot:
📝Register here: https://bit.ly/ACCAVCF23
Mark your calendars for July 21, as we eagerly await your presence. Our team will be ready to answer your questions and provide valuable insights into what it's like to be part of the KTP family.
But wait, there's more!
Before the event, we encourage you to watch our exclusive YouTube videos, which shed light on the secrets to success in ACCA and working full time at KTP. Get a head start on your journey by clicking the links below:
✅Discover the secret to passing 4 ACCA papers in 1 sitting with flying colors! Watch now: https://bit.ly/3K37crS
✅Learn how our team conquered all ACCA papers while maintaining a fulfilling career at KTP. Check it out: https://bit.ly/3OhH6UF
✅Join us for an informative ACCA info session with KTP. Gain valuable insights here: https://bit.ly/3XVJq77
Don't miss this chance to set yourself up for success. Prepare yourself for an exciting future with KTP and let us help you unlock your potential!
See you at the ACCA Virtual Careers Fair on July 21st!
𝐕𝐢𝐬𝐢𝐭 𝐮𝐬
Wisma 𝐊𝐓𝐏, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
Wisma 𝐓𝐇𝐊, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
𝐊𝐓𝐏 (𝐀𝐮𝐝𝐢𝐭,𝐓𝐚𝐱, 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐲)
An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients
𝐓𝐇𝐊 (𝐒𝐞𝐜𝐫𝐞𝐭𝐚𝐫𝐢𝐚𝐥, 𝐀𝐜𝐜𝐨𝐮𝐧𝐭/𝐏𝐚𝐲𝐫𝐨𝐥𝐥, 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐲)
A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients
𝐊𝐓𝐏 𝐋𝐢𝐟𝐞𝐬𝐭𝐲𝐥𝐞
An internal community for our colleagues on work and leisure.
𝐊𝐓𝐏 𝐂𝐚𝐫𝐞𝐞𝐫
An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

Internship 2023

Internship 2023
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We are hiring

If you are looking for an exciting work experience?

We are hiring interns! 🎉🎉🎉 Yes, we will pay you!

We believe that your hard work is worth it, and we hope to learn as much from you as you do from us.

You may not have a lot of work experience, but we know that you are ready to learn and grow.

We appreciate your efforts and believe you deserve to be rewarded.

If you like what you're reading, if you want to help people who need it most, if you're curious about what working at KTP is like, and if you're looking for an internship, we should talk more.

We can't wait to welcome you to our team! Drop us an email careers@ktp.com.my or call us 607-3613443

Let's start this exciting journey together!

PS :

Watch our past intern Kllow final video in our KTP YouTube

https://youtu.be/QmZ6DEzzjMU

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

Depression in Workplace

Depression in Workplace
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Depression in Workplace

#depression in the workplace often presents subtly and quietly.

Here are those signs of depression in the workplace :

1. Constant fatigue.

2. Lack of focus.

3. Decreased productivity.

4. Becoming withdrawn or irritable.

5. Less interest in tasks once enjoyed.

6. Persistent lateness.

7. Frequent sick days or extended breaks.

8. Inability to make decisions.

9. Excessive worry about minor issues.

10. Changes in appetite or weight.

11. Discussing feelings of worthlessness or hopelessness.

Final Words

While each symptom alone might not suggest #depression, a combination of these could be an indication that you are are battling this mental health condition.

If you feel not comfortable, discuss your situation with your manager, HR or me. #depressionsupport

RIP Coco Lee.

PS : Authored by Mr Koh Teck Peng, the principal of KTP Group, in his personal LinkedIn https://bit.ly/44dU1fN

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

How To Give Effective Feedback

How To Give Effective Feedback
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How To Give Effective Feedback

As the group principal of the Firm, my role goes beyond overseeing daily tasks. I am responsible for guiding and developing our fellow colleagues to achieve their fullest potential.

One of the most crucial aspects of this process is providing #constructivefeedback. Feedback serves as a valuable tool for growth, and to ensure its effectiveness, the BIC (Behavior, Impact, Change) method can be employed.

BIC Tools

The BIC framework allows me to deliver feedback in a clear, objective, and constructive manner. By focusing on behavior, impact, and change, we create an environment that promotes continuous improvement and open communication.

Let's explore this approach using a hypothetical scenario:

Imagine a situation where a colleague, John, consistently misses assignment deadlines. Instead of resorting to criticism, the BIC method enables me to provide feedback that facilitates positive change.

Here's how BIC can be applied:

1️⃣ Behavior: Begin by identifying the specific behavior we observed. For example, ''John, I've noticed that you have missed three assignment deadlines in the past month.''

Be a factual statement instead of an opinion statement

2️⃣ Impact: Explain the impact of the behavior on the team or assignment. For instance, ''This delay has caused setbacks in the overall assignment timeline and put additional pressure on your colleagues.''

3️⃣ Change: Suggest the desired change and provide support. ''To ensure smooth workflow and timely delivery, it would be beneficial if you could prioritize and manage your time more effectively. I can offer assistance in setting realistic deadlines and exploring time management techniques.''

Benefits of BIC tools

By utilizing the BIC method, we can shift the focus from blame to improvement, encouraging open dialogue and professional development. It fosters a sense of ownership and responsibility within fellow colleagues, empowering them to make positive changes in their work habits.

Remember, the key to effective feedback lies in providing clear, specific, and actionable insights. The BIC method equips managers with a structured approach to nurture growth and development within their teams.

By implementing this tool, we create an environment that fosters continuous learning, collaboration, and overall success.

Source

Authored by Mr Koh Teck Peng, the Group Principal of the Firm, in his personal LinkedIn https://bit.ly/3p2vNWJ

#leadership #feedbackculture #professionalgrowth #KTP #auditfirm #auditor #growthmindset #growth

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

最新劳工法令

最新劳工法令
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最新劳工法令, 明年1月1日落实

马来西亚劳工法令条规，你了解多少？

观看视频 #rojaklah https://vt.tiktok.com/ZS8jsaUaL/

阅读英文版 from 我们的 KTP 博客 blog

https://www.ktp.com.my/.../key-amendments-to.../11sept2022

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Bookkeeping, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsourcing bookkeeping, and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancies in Johor Bahru for interns, graduates & experienced candidates.

This message was brought to you by KTP

 

Key Amendments to the Employment Act 1955 (wef 1/1/2023)

Key Amendments to the Employment Act 1955 (wef 1/1/2023)
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Key Amendments to the Employment Act 1955 (wef 1/1/2023)

Definition of employment

1. Employee earning RM4000 and below *

2. Employee in manual labour

3. Supervisor of employee in manual labour

4. Employee in mechanically propelled vehicle

5. Domestic employee

*Provision of the Act not applicable include overtime, payment for work done on off/rest day and public holidays, shift allowance and termination benefits for employee’s wages exceeds RM4000.

Presumption of employment

The Bill provides that in the absence of a written contract and unless proven otherwise, there will be presumption of an employment relationship if the following factors are given:

  • his/her work or hours of work are subject to control by another person;

  • he/she is equipped with tools, material or equipment by another person to execute his work;

  • his/her work constitutes an integral part of another person's business;

  • his/her work is performed solely for the benefit of another person; or

  • payment is made to him/her for work done at regular intervals and it constitutes the majority of his/her income.

Apprenticeship Contract

Shall be for a minimum period of six months and a maximum period of twenty four months.

Calculation of wages for an incomplete month

The Bill provides a new section in the Act that introduces the below formula for calculating wages where an employee has not worked a full month:

(Monthly wages/number of days of the particular wage period ) X Number of days eligible in the wages period

For OT (or encashment of annual leave) : ordinary rate of pay (ie 26 days) remain unchanged under the current law.

Extension of maternity leave

Previously, the Act provided a 60 days maternity leave for all female employees, subject to the conditions of the Act. Now, when the Bill comes into force, eligible female employees will be entitled to 98 days of maternity leave.

Restriction on termination of pregnant employees

The Bill introduces a new section in the EA which prohibits an employer from terminating an employee who is pregnant or is suffering from an illness arising out of her pregnancy, except under specific circumstances such as willful breach of contract, misconduct or closure of the employer’s business. It is vital on employers to prove that the termination was not due to pregnancy.

Paternity Leave

Married male employees will now be entitled to 7 consecutive days of paternity leave up to 5 confinements.

Sexual harassment

The Bill introduces a new section which requires employers to conspicuously exhibit a notice to raise awareness of sexual harassment in the workplace. The sexual harassment provisions are still viewed as weak and limited. The Anti Sexual Harassment Bill 2021 would provide more guidelines upon being passed. It is currently in its first reading in Parliament.

Employment of foreign employees

Approval must be obtained from the Director-General of Labor to employ a foreign employee. Upon the employer satisfying the conditions listed in the Act, approvals are granted. Failure to obtain an approval is an offense, and on conviction, the employer shall be liable to a fine not exceeding RM 100,000 and/or to imprisonment for a term not exceeding five years.

Reduction on working hours

Previously, the Act provided 48 hours as regular working hours. With the Bill coming into force, the regular working hours will be reduced to 45 hours a week.

Flexible working arrangements

Employees can apply for flexible working arrangement, depending on the suitability of the working hours or work place. However, there is no legal obligation on the employer to grant this request. If the employer is to reject the request, they are required to provide grounds of refusal within 60 days of the application.

Discrimination

The Director General has the authority to investigate and decide disputes on discrimination in employment between employer and employee. Furthermore, the Director General has the power to make an order where necessary. However, this provision is vague and it does not define discrimination. Job seekers will not be able to rely on this provision as there is no employment relationship between an employer and job seekers, and as such this provision will not apply to protect job seekers from discrimination.

This message was brought to you by KTP

Lee Pei Jia 实习 (Internship) 故事 with Thk Advisory

Lee Pei Jia 实习 (Internship) 故事 with Thk Advisory
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Lee Pei Jia 实习 (Internship) 故事 with Thk Advisory
我是李佩家，就读于MDIS，我正在 THK 任职一名会计师实习生兼助理。我从8月16日开始在THK正式实习但距离我实习结束的时间还剩余32天也已过去了69天。
在这 THK 实习期间我学到了很多会计的知识例如怎么去分 Sales Invoice 和 Purchase Invoice 等等同时我也认识了几位朋友也因为他们让我的朋友圈子大了一些。
在THK实习期间也让我从一个只会操作UBS系统的会计大学生蜕变成了一位会操作 Xero 和 SQL 系统的会计实习生虽然还不是很熟练但在接下来的日子我会努力学习慢慢上手的。
在 THK 实习间我不止接触了会计还接触了很多新事物例如筹办活动和参加网络研讨会。在这一次我很荣幸有机会跟我们的MR Koh Teck Peng一起参加网络研讨会在此之前我对上司都存在严肃和凶的印象。直到我到了 THK 接触了 MS TEO 和这次接触了 MR Koh Teck Peng 我才发现其实不是每个老板们都是那么严肃和凶的。两位老板们都很平易近人也让刚步入社会的我不那么紧张害怕。
在与MR Koh Teck Peng 的网络研讨会中，气氛很融洽也很顺利欢笑声也不断就感觉真的就像普通聊天都忘记了镜头的存在。所谓的实习生研讨会就是让实习生分享在公司的生活经历和学到事物也因这次的研讨会让我发现原来不止我是实习生也让我认识三位来自KTP的实习生但我却只记得两位小姐姐的名字。
这次的研讨会进行了大概40分钟的时间，在这40分钟内我们互相与MR Koh Teck Peng 分享了许多事情例如自我介绍，选择公司的原因，在公司的欢乐困难等等问题。
通过这次研讨会，我想下次我应该可以坦然面对镜头和放松式的老板们沟通。也谢谢这次的研讨会帮我增加了日后回校演讲的素材也谢谢THK让我体验了很多新事物相比起我同届实习的朋友们我想我的实习经历会比他们充实和丰富很多。待我实习结束后，我将成为一名正式员工期待与公司日后的生活。
Youtube 上观看完整的视频 📺
𝐕𝐢𝐬𝐢𝐭 𝐮𝐬
Wisma 𝐊𝐓𝐏, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
Wisma 𝐓𝐇𝐊, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
𝐊𝐓𝐏 (𝐀𝐮𝐝𝐢𝐭,𝐓𝐚𝐱, 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐲)
An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients
𝐓𝐇𝐊 (𝐒𝐞𝐜𝐫𝐞𝐭𝐚𝐫𝐢𝐚𝐥, 𝐀𝐜𝐜𝐨𝐮𝐧𝐭/𝐏𝐚𝐲𝐫𝐨𝐥𝐥, 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐲)
A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients
𝐊𝐓𝐏 𝐋𝐢𝐟𝐞𝐬𝐭𝐲𝐥𝐞
An internal community for our colleagues on work and leisure.
𝐊𝐓𝐏 𝐂𝐚𝐫𝐞𝐞𝐫
An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

Structured internship Programme TalentCorp

Structured internship Programme TalentCorp
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Structured internship Programme TalentCorp

The National Structured Internship Programme (MySIP) is developed to encourage companies to provide meaningful practical learning experiences through approved structured internships module for students.

As an employer who hires Malaysian full-time students from local IPTA or IPTS including higher learning institutions abroad and TVET institutions to undergo a structured internship programme endorsed by us, you will be eligible for a double tax deduction incentive for related expenses incurred on the interns throughout the programme.

Terms and conditions of MySIP

To qualify for the MySIP incentive, your organisation must fulfil the following criteria:

  • Provide a minimum internship period of ten (10) weeks

  • Pay a minimum monthly allowance of RM600 for master’s degree, bachelor’s degree and Professional Certificate or equivalent

  • Pay a minimum monthly allowance of RM500 for diploma/Malaysian Skills Certificate (SKM) Level 1 to Level 5 or equivalent

  • Provide an internship framework that includes practical experience and emphasizes on the development of specific knowledge or skills for students and approved by TalentCorp

  • Registered with the Companies Commission of Malaysia (SSM)

  • Complete your MySIP registration at www.mynext.my

Contact TalentCorp

For more information on the MySIP or to get in touch with the team, you can write to: sip@talentcorp.com.my

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Bookkeeping, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsourcing bookkeeping, and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancies in Johor Bahru for interns, graduates & experienced candidates.

#Thk

#KTP

 

RiSE4WRD FOR INDUSTRY4WRD

RiSE4WRD FOR INDUSTRY4WRD
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RiSE4WRD FOR INDUSTRY4WRD

RiSE4WRD for Industry4WRD is HRD Corp's initiative to support the national agenda of embracing the Fourth Industrial Revolution (IR 4.0).

HRD Corp through RiSE4WRD aimed to support Industry4WRD policy by providing a platform for SMEs (Small & Medium Enterprises) in manufacturing sector which have undertaken the Readiness Assessment (RA).

HRDF Funding

Every SME is fully funded for the skills or training identified and recommended in the RA report.

The maximum funding is up to RM25,000 per SME.

Objectives of RiSEWRD

1. To create a platform for SMEs which participated in RA and identify suitable skillset/training programs.

2. To help the SMEs in funding the identified skills/training programs.

3. To ensure people readiness of the SMEs prior to high technology adoption or transformation.

Funding for training courses in the following areas:

Connectivity, automation, cyber security, Internet of Things (IoT), cloud computing, big data, advanced simulation, autonomous systems, universal integration, augmented reality and additive manufacturing or any relevant technology

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

SOCSO Enforce New Salary Ceiling Limit for Contributions

SOCSO Enforce New Salary Ceiling Limit for Contributions
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SOCSO Enforce New Salary Ceiling Limit for Contributions

Are you Aware of the Latest Announcement by SOCSO on New Salary Ceiling Limit?

Effective from 1st September 2022, SOCSO will increase the monthly salary ceiling limit from RM4,000 to RM5,000 for contributions.

i. How would this affect the SOCSO and EIS contributions?

• Additional SOCSO and EIS contributions for employees who earn monthly salaries between RM4,000 and RM5,000.

• Flat contribution rates for both SOCSO and EIS for employees who earn RM5,000 or more per month.

For the latest contribution rate, please refer to the link below

https://www.perkeso.gov.my/en/rate-of-contribution.html

ii. What Should the Employers Do?

• Employers must make contribution payments in accordance with the new wage ceiling limit adjustment.

• Employers are requested to record the contribution deductions in the pay slip or statements of their respective employees.

iii. Transition Period for Employers

The transition period for employers to comply with the new contribution rate is six (6) months, starting from 1st September 2022 to 28th February 2023.

Source:

Employment Insurance System (Amendment) Act 2022:

- https://lom.agc.gov.my/act-detail.php?type=amendment&act=A1657&lang=BI

- Employees’ Social Security (Amendment) Act 2022:

- https://lom.agc.gov.my/act-detail.php?type=amendment&act=A1658&lang=BI

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Key Amendments to the Employment Act 1955 (Gazetted 2022)

Key Amendments to the Employment Act 1955 (Gazetted 2022)
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Key Amendments to the Employment Act 1955

Definition of employment

1. Employee earning RM4000 and below *

2. Employee in manual labour

3. Supervisor of employee in manual labour

4. Employee in mechanically propelled vehicle

5. Domestic employee

*Provision of the Act not applicable include overtime, payment for work done on off/rest day and public holidays, shift allowance and termination benefits for employee’s wages exceeds RM4000.

Presumption of employment

The Bill provides that in the absence of a written contract and unless proven otherwise, there will be presumption of an employment relationship if the following factors are given:

  • his/her work or hours of work are subject to control by another person;

  • he/she is equipped with tools, material or equipment by another person to execute his work;

  • his/her work constitutes an integral part of another person's business;

  • his/her work is performed solely for the benefit of another person; or

  • payment is made to him/her for work done at regular intervals and it constitutes the majority of his/her income.

Apprenticeship Contract

Shall be for a minimum period of six months and a maximum period of twenty four months.

Calculation of wages for an incomplete month

The Bill provides a new section in the Act that introduces the below formula for calculating wages where an employee has not worked a full month:

(Monthly wages/number of days of the particular wage period ) X Number of days eligible in the wages period

For OT (or encashment of annual leave) : ordinary rate of pay (ie 26 days) remain unchanged under the current law.

Extension of maternity leave

Previously, the Act provided a 60 days maternity leave for all female employees, subject to the conditions of the Act. Now, when the Bill comes into force, eligible female employees will be entitled to 98 days of maternity leave.

Restriction on termination of pregnant employees

The Bill introduces a new section in the EA which prohibits an employer from terminating an employee who is pregnant or is suffering from an illness arising out of her pregnancy, except under specific circumstances such as willful breach of contract, misconduct or closure of the employer’s business. It is vital on employers to prove that the termination was not due to pregnancy.

Paternity Leave

Married male employees will now be entitled to 7 consecutive days of paternity leave up to 5 confinements.

Sexual harassment

The Bill introduces a new section which requires employers to conspicuously exhibit a notice to raise awareness of sexual harassment in the workplace. The sexual harassment provisions are still viewed as weak and limited. The Anti Sexual Harassment Bill 2021 would provide more guidelines upon being passed. It is currently in its first reading in Parliament.

Employment of foreign employees

Approval must be obtained from the Director-General of Labor to employ a foreign employee. Upon the employer satisfying the conditions listed in the Act, approvals are granted. Failure to obtain an approval is an offense, and on conviction, the employer shall be liable to a fine not exceeding RM 100,000 and/or to imprisonment for a term not exceeding five years.

Reduction on working hours

Previously, the Act provided 48 hours as regular working hours. With the Bill coming into force, the regular working hours will be reduced to 45 hours a week.

Flexible working arrangements

Employees can apply for flexible working arrangement, depending on the suitability of the working hours or work place. However, there is no legal obligation on the employer to grant this request. If the employer is to reject the request, they are required to provide grounds of refusal within 60 days of the application.

Discrimination

The Director General has the authority to investigate and decide disputes on discrimination in employment between employer and employee. Furthermore, the Director General has the power to make an order where necessary. However, this provision is vague and it does not define discrimination. Job seekers will not be able to rely on this provision as there is no employment relationship between an employer and job seekers, and as such this provision will not apply to protect job seekers from discrimination.

This message was brought to you by KTP

自雇人士公积金

自雇人士公积金
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自雇人士申请 KWSP i-Saraan 政府津贴 15%

1. 什么是KWSP I-Saraan ？

· KWSP I-Saraan是政府所推出的自雇人士自缴公积金补贴计划，让自雇人士为退休储蓄。

2. 谁属于自雇人士？

· 没有固定收入的自由业者

· 家庭主妇

· 独资经营者或合伙企业

· 小贩业者

· 网卖店主

3. I-Saraan 的6大好处？

· 保障会员未来的退休生活素质

· 为退休储蓄赚取EPF的年度红利

· 自行决定缴付限额 & 日期

· 豁免税务高达 RM4,000.00

· 身故赔偿：RM2,500

* 受公积金条款及细则约束

· 60 岁以下的会员每年可获得政府所补贴的 15% 或最高RM250的一次性津贴。这津贴将从 2018 年持续到 2022 年。

4. I-Saraan 申请条件

· 马来西亚公民

· 自雇人士

· 公积金会员

· 60岁以下

5. I-Saraan 如何申请

· 通过I-Saraan Online Registration网上提交，或是

· 提交KWSP 16G (M) 表格到临近的分行

6. 如何缴付I-Saraan？

· 银行网上转账

· 银行柜台

· 临近的EPF分行

· EPF线上户口 – I-Akaun

7. 更多详情请游览： · https://www.kwsp.gov.my/member/contribution/i-saraan

Source :

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An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

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Horror Story in Accounting Firm

Horror Story in Accounting Firm
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Horror Story in Accounting Firm

Is working in an accounting firm a stressful job?

Below is an uncensored horror story from our colleagues from our Peak 2022 :

• Client call me the status today when they book in yesterday.

• Client only give me 2 hours to out audit for 2 company.

• Audit is kind of figure plug in job, all the information and listing is provide by client, why audit firm still need to charge few thousand Ringgit?

• Financial consultancies is part of auditor and tax job, Firm should giving guidance and a confirm answer to client, not matter is SST, custom duty, register of foreign worker, or every accounting double entry.

• Client expect auditor to check every single transaction in the management account to act as an account reviewer.

• Client always expect the tax agent can estimate the nearest tax estimation for the year with sales amount for certain months only.

• Client asked me to out account to his sister-in-law’s house because he said he kept the computer at his sister-in-law’s house.

• Client request report but revised management account with wrong costing calculation.

• During my peak, there is one client told us to do field audit for 2 hours only when there is a lot of document need to be vouched.

• Client call me to ask about my qualification and how long I work in a company for.

• Client always want us to confirm the tax treatment of the company which not audited or tax done by us.

• When we arrive client’ company, account personnel ask we sit down and listen talk around 1 hour.

• Client keep calling and said urgent things to discuss but end up talk about personal issue.

• Client insist to have virtual meeting whole day to watch them for vouching every single document required instead of email us directly the softcopies.

• No aircond and poor air ventilation when field work at client’s place, they ask us not to stay so long and finish audit quickly but they have many document we need to vouch.

• When vouching document one cockroach coming out from the file.

• Taking client’s file out from a dusty box, saw a 5cm dead spider inside the box.

• One of the client ask status after few days book in, he thought small business nothing inside we can finish within 1 day, but their accountant always didn’t make any audit adjustment. I have to adjust opening balance before proceed. This year also have a lot of audit adjustment, I guess they also didn’t make the adjustment to their account, pity next year PIC.

• Client ask specimen of charge form more than one time but still haven’t provide us charge form yet.

• Client request to increase RM1 share capital.

• Client reply the queries very slow but at the same time rushing us when can complete.

• Client request ctc for company statutory form but client refuse to pay printing fee, so client print out the documents by themselves and deliver to us for CTC. But some of the documents already ctc by previous secretary. End up we need to print a new pages to CTC with new secretary.

• Client give 1000+ pages of hard copy general ledger, refuse to give soft copy and expect to received final audited report in 1 week time due to bank request.

• Client spend 3 months to answer audit query, at the end blame us that could not meet our promise which complete the job within 2 months.

• When we ask for supporting document from client, they replied “You don’t believe your own client ah? How you do business? I think we have a trust issue now!”

• 顾客的opening balance 不对就早早book in 给我们了。然后说已经很早就book in了为什么 audit还没好？然后把我们当成是Accountant. 询问audit queries but 一个月后才回我们。

• Client does not provided the correct Management account and hope us can done it fast. Some of the accountants do not make adjustments for the subsequent year as per they promised would make adjustments in the next financial year.

• The book in client need us ask the same things every year. Eg some client know we need the term loan statement to proceed the term loan working paper but every year need us to ask for the statement.

 

Source :

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  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Bookkeeping, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsourcing bookkeeping, and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancies in Johor Bahru for interns, graduates & experienced candidates.

#Thk

#KTP

 

Key Amendments to the Employment Act 1955

Key Amendments to the Employment Act 1955
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Key Amendments to the Employment Act 1955

Presumption of employment

The Bill provides that in the absence of a written contract and unless proven otherwise, there will be presumption of an employment relationship if the following factors are given:

  • his/her work or hours of work are subject to control by another person;

  • he/she is equipped with tools, material or equipment by another person to execute his work;

  • his/her work constitutes an integral part of another person's business;

  • his/her work is performed solely for the benefit of another person; or

  • payment is made to him/her for work done at regular intervals and it constitutes the majority of his/her income.

Calculation of wages for an incomplete month

The Bill provides a new section in the Act that introduces the below formula for calculating wages where an employee has not worked a full month:

Extension of maternity leave

Previously, the Act provided a 60 days maternity leave for all female employees, subject to the conditions of the Act. Now, when the Bill comes into force, eligible female employees will be entitled to 98 days of maternity leave.

Restriction on termination of pregnant employees

The Bill introduces a new section in the EA which prohibits an employer from terminating an employee who is pregnant or is suffering from an illness arising out of her pregnancy, except under specific circumstances such as willful breach of contract, misconduct or closure of the employer’s business. It is vital on employers to prove that the termination was not due to pregnancy.

Paternity Leave

Married male employees will now be entitled to 7 consecutive days of paternity leave up to 5 confinements.

Sexual harassment

The Bill introduces a new section which requires employers to conspicuously exhibit a notice to raise awareness of sexual harassment in the workplace. The sexual harassment provisions are still viewed as weak and limited. The Anti Sexual Harassment Bill 2021 would provide more guidelines upon being passed. It is currently in its first reading in Parliament.

Employment of foreign employees

Approval must be obtained from the Director-General of Labor to employ a foreign employee. Upon the employer satisfying the conditions listed in the Act, approvals are granted. Failure to obtain an approval is an offense, and on conviction, the employer shall be liable to a fine not exceeding RM 100,000 and/or to imprisonment for a term not exceeding five years.

Reduction on working hours

Previously, the Act provided 48 hours as regular working hours. With the Bill coming into force, the regular working hours will be reduced to 45 hours a week.

Flexible working arrangements

Employees can apply for flexible working arrangement, depending on the suitability of the working hours or work place. However, there is no legal obligation on the employer to grant this request. If the employer is to reject the request, they are required to provide grounds of refusal within 60 days of the application.

Discrimination

The Director General has the authority to investigate and decide disputes on discrimination in employment between employer and employee. Furthermore, the Director General has the power to make an order where necessary. However, this provision is vague and it does not define discrimination. Job seekers will not be able to rely on this provision as there is no employment relationship between an employer and job seekers, and as such this provision will not apply to protect job seekers from discrimination.

This message was brought to you by KTP

PERKESO：6月1日起取缔未登记或投保的雇主

PERKESO：6月1日起取缔未登记或投保的雇主
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PERKESO：6月1日起取缔未登记或投保的雇主

我国社会保险机构将从6月1日起，在全国各地展开侦查行动，取缔未遵守社险法令的雇主。

社险法令

Section 95A of Employees’ Social Security Act 1969 规定了, 可以对任何犯有雇员 under Regulation 2 of the Employees’ Social Security (Compounding of Offences) Regulations 2006.

Regulation 2 of the Employees’ Social Security (Compounding of Offences) Regulations 2006 已于 2006 年 3 月 1 日刊宪并生效。

罚单

SOCSO 在收到有关已犯下雇主罪行，会发出通知。

罪行通知的提议有效期为 14 天。如果在 14 天内全额支付了报价金额，则不会采取进一步行动。

但是，如果在发出罪行通知后 14 天或未付款，则将启动进一步的起诉行动，恕不另行通知。

罪行种类

  • 雇主没有注册社险 - 罚款最高 4000 令吉

  • 雇主没有为员工注册社险 - 罚款最高 3000 令吉 (一名工人)

  • 未能出示或没有员工登记册 - 罚款最高 600 令吉

  • 迟于通知 Accident 事故 - 罚款最高 1500 令吉

  • 未能缴纳 correct 社险 - 罚款最高 600 令吉

雇主或雇员如因以上罪行被判有罪，可被罚款不超过 10,000 令吉或监禁 2 年或两者兼施

雇主强制需帮员工注册和缴纳社险

  • 就算只聘请1位员工

  • 就算雇主和员工是亲戚关系

  • 就算学徒合约 or 合约形式受聘的雇员

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KTP (Audit, Tax, Advisory)

𝐊𝐓𝐏 𝐋𝐢𝐟𝐞𝐬𝐭𝐲𝐥𝐞 (Our internal community for our colleagues)

𝐊𝐓𝐏 𝐂𝐚𝐫𝐞𝐞𝐫 (Our external community for interns, graduates & experienced candidates )

𝐓𝐇𝐊 (Secretarial, Account/Payroll, Advisory)

We are one-stop (20 years+ history) audit, tax, secretarial, accounting and payroll firms which commit to help and grow our clients business.

#Thk

#KTP

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#KTPcareers

 

 

 

EPF return to 11%

EPF return to 11%
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EPF back to 11%

Background

With effective 1st January 2021 after the Budget 2021, employees have the option to reduce their EPF statutory contribution rate from 11% to 9%. This rate for employees will be in effect from January 2021 wages (February 2021 contribution) up to June 2022 (July 2022 Contribution) wages.

Why 9%

“The government understands the challenges faced by the people due to prolonged lockdowns and to increase cash in hand, EPF will extend the minimum contribution rate from 11% to 9% until June 2022.'' says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Borang KWSP 17A for 11% contribution

The reduced rate is default for all employees under 60 years old.

Should an employee choose to remain at 11% contribution rate, they'll need to fill up Borang KWSP 17A (Khas 2022) which will then be submitted to EPF by their respective employer. For those aged 60 and above, the statutory contribution remains at the existing rate.

Upon receiving the completed Borang KWSP 17A (Khas 2022) form from the employees, employers will need to register the application via the i-Akaun (Employer) and keep the completed Borang KWSP 17A (Khas 2022) form as a record.

Back to EPF 11%

The minimum statutory EPF contribution rate for employees returns to 11% from July 2022 wages onwards (August 2022 contribution)

Source:

https://www.kwsp.gov.my/en/belanjawan-2021#Reduction-Statutory-Contribution-Rate

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  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

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大家为什么辞职? Part 2

大家为什么辞职? Part 2
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大家为什么辞职? Part 2

会计师是个特殊的群体，我接触过的HR人都这样讲，都来问我这样一个会计师出身的管理者一个问题：会计师那么难沟通？他们到底在想什么？

根据我们20年++的经验，这些奇葩辞职理由，分分钟让你笑出腹肌!

  1. 女生太少

  2. 公司太大

  3. 因为 冷气 too 冷

  4. 我家猫快生了

  5. 算命师说辞就辞

  6. 决定到对面公司做卧底

  7. 回家减肥

  8. 我要拯救世界

  9. 女生太多

  10. 我对面家的狗生了

  11. 维护宇宙和平

  12. 公司太小

  13. 找不到公司的路

  14. 朋友们都结婚了,我也想结婚

  15. 消化不了老板画的大饼

  16. 没有谈恋爱的机会

  17. 世界那么大想去外面看看

  18. 老板没有料

  19. 老板太凶了

准备好找份新工作了吗？欢迎立即联系 careers@ktp.com.my

 

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  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Bookkeeping, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsourcing bookkeeping, and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancies in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

大家为什么辞职?

大家为什么辞职?
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大家为什么辞职?
 
会计师是个特殊的群体，我接触过的HR人都这样讲，都来问我这样一个会计师出身的管理者一个问题：会计师那么难沟通？他们到底在想什么？
 
根据我们20年++的经验，这30个理由是辞职的常见原因!
 
  1. 老板不是人
  2. 赚新币X3
  3. 薪水
  4. 加薪太少
  5. BONUS太少
  6. 工作没有挑战性
  7. 原本想的不一样
  8. 读书进修
  9. 热情完了
  10. 家人病了
  11. 压力太大
  12. 生涯规划
  13. 公平感觉
  14. 伤心
  15. 无所事事
  16. 领导差劲
  17. 不能认清自己
  18. 没原因就是想跳
  19. 对未来的忧虑
  20. 没天没日
  21. 不喜欢自己的工作
  22. 决定追求其他目标
  23. 没有晋升空间
  24. 上司离职
  25. 为创业而离职
  26. 精疲力尽
  27. 工作过多占据了生活时间
  28. 我认识的所有人离职
  29. 直觉告诉你是时候离职了
  30. 老板太凶了
 
准备好找份新工作了吗？
 
欢迎立即联系 www.ktp.com.my
 
Visit Us
 
Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
 
Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
 
KTP (Audit, Tax, Advisory)
 
An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients
 
Website www.ktp.com.my
Instagram https://bit.ly/3jZuZuI
Linkedin https://bit.ly/3sapf4l
Telegram http://bit.ly/3ptmlpn
 
THK (Secretarial, Bookkeeping, Payroll, Advisory)
 
A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsourcing bookkeeping, and payroll services to clients
 
Website www.thks.com.my
Facebook https://bit.ly/3nQ98rs
 
KTP Lifestyle
 
An internal community for our colleagues on work and leisure.
 
Tiktok http://bit.ly/3u9LR6Q
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Instagram https://bit.ly/3u2PxHg
Facebook http://bit.ly/3rPxz9o
 
#Ktp #Thks
 
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+6012-771 7903
+607-361 3443

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