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Vol 10, August 2018

 

GETTING TOUGHER WITH TAF: EXPERIENTIAL LEARNING IN UMT’s ACCOUNTING DEGREE

In a professional career involving various types of clients who rely on the credibility of the works being done, accountants are required to apply professional judgment in performing technical tasks while having to comply with the huge amount of standards and regulations.  Universities offering accounting degree, such as UMT, strive to produce graduates who meet the demand of the profession through continuous improvement in teaching and learning. However, industries dealing with the accounting graduates are still concerned about their inability to articulate and connect between theories and practices, and lack of relevant skills such as communication and leadership. Aiming to be an innovative yet practical solution, Teaching Accountancy Firm UMT-SALIHIN (TAF) was formed to empower students with the knowledge and skills of the workplace, to add to those already acquired in the classroom. 
 
With the slogan ‘Bridging the gap between theory and practice’, TAF is set up as a branch of Salihin Consulting Group (SALIHIN), a licensed audit firm in Malaysia.  TAF is jointly-managed and operated by SALIHIN and UMT. As an industry-university collaboration in accounting studies, the teaching delivery approach is through work-based learning (WBL) which is accomplished by offering courses that are tailored to fit the accounting profession; accounting, auditing, taxation, secretarial and business advisory.  The students are entrusted with job assignment of clients requiring them to deal with real-life documents, as well as real issues associated with them.  The undertaking and completion of the assignment, as well as the assessment of the course, is under the supervision of both industry (SALIHIN staff) and university (UMT lecturers). 
 
Up until June 2018, TAF has benefitted 175 students with the theoretical and practical knowledge and skills such as preparing full sets of accounts for businesses,
preparingtax return for individual and corporate clients, and performing audit on the accounts of clients.  The students are also seen to benefit in three other ways. First, by being equipped with the work-related experience during their degree, they possess skills that make them a step ahead than other accounting graduates. TAF adds value to their degree to make them become more prominent in the marketplace.  Second, they are exposed with entrepreneurial skills from the ‘learn and earn’ experience during the TAF courses, as there are times that they are paid for the services rendered.  The opportunity to operate their own businesses is widely opened for them to explore.  Third, the ability to handle real clients provide them with the soft skills needed to complete the job in efficient and effective ways.  Good communication, proper time management, and effective negotiation are among the skills that are built throughout the undertaking of the TAF courses.
 
TAF envisioned to be
acentre that produce world-class industry-ready and entrepreneurial accountants.  Already securing two awards in the first two years of its operation (Anugerah Pemikiran dan Reka Bentuk Semula Pendidikan Tinggi Malaysia 2017 - Kategori Kurikulum Program Pengajian Inovatif and Academia-Industry Collaboration Award 2017), TAF aims to strive further to enhance its credibility as a unique learning and training field for accounting students and lecturers.  Among the plans in the pipeline are to secure more clients from various industries as to provide vast experiences to students, to liaise with the job market for the purpose of getting feedbacks on quality improvements, to collaborate with publicly listed companies in relation to job placement for students that have completed the TAF courses, and providing training on accounting related matters as to keep intact with the changes in the standards and regulations involving the profession. With the opportunity for experiential leaning in UMT’s accounting degree, the graduates who are “Getting tougher with TAF” are expected to benefit the job market by being industry-ready and holistic.


 
INDUSTRY IN THE CLASSROOM 1.0 @SCHOOL OF OCEAN ENGINEERING

The School of Ocean Engineering (SOE) has successfully gathered representatives from various industries to take part in the teaching of subjects related to four academic programs namely Bachelor of Science (Nautical Science and Maritime Transportation), Bachelor of Applied Science (Maritime Technology), Bachelor of Technology (Environment) and Bachelor of Applied Science (Electronics and Instrumentation Physics). The participation from industrial representatives is part of ‘Industry in the Classroom’ initiative introduced this year at Universiti Malaysia Terengganu to foster closer ties between university and industry towards achieving the Industrial Revolution (IR) 4.0 objectives. 
 
From March to May 2018, a total of 45 industrial representatives from international, national and small and medium sectors participated in the program through lectures and sharing their experiences with the students.
 
The presence of these industry representatives with various work backgrounds from various sectors (oil and gas, plantation, transportation, consulting, occupational safety and health, etc.) in the classroom will not only equip SOE students with meaningful additional skills but can also provide students with paths to explore on developments in the relevant disciplines which are valuable to meet real challenges. Thank you to all SOE industrial instructors!

 

APPRECIATION CEREMONY OF MOBILITY PROGRAMME STUDENTS BETWEEN UNIVERSITI MALAYSIA TERENGGANU (UMT) AND UNIVERSITI UTARA MALAYSIA (UUM) EVENT 2018
 
On 17 May 2018, an Appreciation Ceremony was held for 7 students from Bachelor’s Degree in Accounting who had joined Student Mobility Programme between Universiti Malaysia Terengganu (UMT) and Universiti Utara Malaysia (UUM) for Semester I 2017/2018. This ceremony was launched by Deputy Dean, School of Maritime Business and Management and organized as a platform for first year and second-year undergraduate accounting students of Universiti Malaysia Terengganu to understand more about the advantages of attending the mobility programme. There are nearly 100 students from first and second year who currently undergo Bachelor’s Degree in Accounting and that includes several lecturers who also participate in this event. Besides, the certificates upon completion of the student mobility programme had been given to each of the students who participated in this programme. The picture shows seven third-year accounting students that had successfully completed the mobility programme which includes (from the right) Beh Seok Hiang, Cheong Wan Xing, Choo Ying Ling, Ng Chee Ming, Winnie Lim Suian Ying, Wong Lee Mun and Yeow Chui Ying.

This programme created an opportunity for students to experience a different area of study and allowed credit transfer to the existing degree programme. The most exciting part was led by the mobility students who had taken part in sharing sessions to share about the valuable knowledge and experience that had been gained throughout the programme. The sharing session was led by seven mobility students which were divided into seven parts.

 

HISAAC Adventure
 
A water-based activity has been organized by Second Year Accounting students from UMT.  The name of this activity was HISAAC Adventure 2018.  This program is seldomly organized due to the fact that it is a water based activity which is unfamiliar to accounting students.  However, there is a need for the students to be more active in sports as well as a good exposure to water activities. The main objective of this program, aside from breaking the ice among accounting students, was to also build their self-confidence. It is clearly shown in the activities held namely, flying-fox, water confidence and rafting.   At first most of the students were having difficulty to do the activities but with the motivation given by experienced trainers, they were able to overcome their fears and proceeded without any problems. Besides that, the involvement from the accountings students in preparing for this program had given them an ample exposure as they had gained an excellent experience in organizing the activity as a team player. This is a valuable soft skill knowledge that will be useful in the future undertakings. This program should be organized for every batch of accounting students as it is indeed a good program for self-development.

HISAAC AC-TIVE Days
 
HISAAC Club has successfully conducted an event called ACC-TIVE Days 2018.   As the name of this event is ACC-TIVE Days, the activities held are more towards gearing on students’ physical abilities such as badminton, dodgeball, street soccer, chest and hill climbing. Most of the events were held in UMT compound except for hill climbing which has been done at  Bukit Keluang Hill situated in Besut  District on the final day of the program.  It is important for every student to stay healthy and active every day.  Being healthy and active are important for students as it will lead to a healthy mind and body.  Furthermore, the main purpose of this event was to give exposure to accounting students to a new surrounding as it is understood that they spent most of their time in classroom setting.  In a nutshell, this event also acted as a platform for the students to stay connected with each other from diverse batches, ages and races. Since this program has seemingly benefitted all participants, it should be a flagship program for the HISSAC Club in the future. As the saying goes “Healthy Life, Healthy Mind”.
 

THE SIGNING OF A MEMORANDUM OF UNDERSTANDING (MOU) AND MEMORANDUM OF AGREEMENT (MOA) WITH SHANTOU UNIVERSITY

The delegates from Universiti Malaysia Terengganu (UMT) and researchers from the Institute of Tropical Aquaculture - Akuatrop UMT headed by UMT Vice-Chancellor, Professor Dato 'Dr. Nor Aieni binti Haji Mokhtar were in China for the signing of a Memorandum of Understanding (MoU) and Memorandum of Agreement (MoA) with Shantou University on 9th July 2018. The aim of MoU is to establish cooperation between institutions through the exchange of students and staffs with resource sharing to strengthen academic research and development, meanwhile the MoA is to conduct research collaboration through the establishment of 'Joint Shellfish Research Laboratory' between UMT and Shantou University, China. Other than that, the delegation attended the official opening of the Joint Shellfish Research Laboratory between UMT and Shantou University. They also attended the Opening Ceremony of International Forum on Marine Sciences and Aquaculture (IFOMSA) 2018. The forum is a collaborative work between UMT and Shantou University and this forum is one of the opportunities to provide a platform for all researchers from the relevant fields to develop their networking and linkages.

CHINA-MALAYSIA MARINE DATA ANALYSIS TECHNOLOGY COOPERATION RESEARCH

The National Marine Data and Information Services (NMDIS) and Universiti Malaysia Terengganu (UMT) signed a Letter of Intent for Marine data technology cooperation on 5th July 2018 at Tianjin Foreign Studies University in Tianjin, China. The delegation from UMT headed by Prof. Dato 'Vice Chancellor also met with the participants of Training Course for China-ASEAN Countries on Marine Data Processing and Management Technologies. The Training Course for China-ASEAN Countries on Marine Data Processing and Management Technologies started from 25 June until 6 July 2018. This visit was organized after the Letter of Intent Signing Ceremony between UMT and National Marine Data Information and Services (NMDIS). China-ASEAN Marine Big Data Processing Management Technology Training Course was successfully ended on 6th July 2018.

INTERNATIONAL CENTRE 2018 HARI RAYA CELEBRATION
UMT International Centre was organized 2018 Hari Raya Celebration on 5th June 2018 at Dataran Kompleks Siswa. The purpose of this celebration is to celebrate the international students who are currently far away from their home. The tradition of Hari Raya Celebration can strengthen each other's relationship especially among International Centre staff and international students even though they came from different backgrounds, cultures and also nations. A lot of traditional delicious food was served on that day such as Nasi Briyani, satay and ketupat. During the day, everyone was very delighted and satisfied with the celebration while enjoying the food served.
Our mailing address is:
The Chancellery, 
University of Malaysia Terengganu, 21030,
Terengganu, Malaysia
 






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Universiti Malaysia Terengganu · The Chancellery,  · Kuala Terengganu, Terengganu 21300 · Malaysia

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