Describe and explain briefly your experience in getting your first potential business entity for your UBS Project...

For this subject, DAC 2183, Accounting Information System 1, on the first day of the lab class our lecturer Mr. Noreffendy Mohamed gave all of us a project which is known as UBS Project where it carries 20 % from the total assessment marks of 50% for the subject. In this UBS Project, we are required to find an Enterprise Company in Malaysia and we have to inquire to the Enterprise Company for six month business or company’s Manual transaction that involves their source documents. After that, the students has to convert the Manual accounting transactions into the UBS Accounting System and then we are required to make a report on it. On the first day of class, the lecturer required all the students to form into a group of two or three students in a group.

We went through many difficulties and experience in getting our first potential business entity for our UBS project. Firstly, there were many difficulties to find an Enterprise Company that uses manual accounting system in their company. Besides, it was very difficult to find a company as many have refused to give their cooperation to us. Most of their response was that all the source of documents are private and confidential. They assume that this document can disclose all the information about their business and we will misuse them.

Among the companies that rejected us were :

- Focus Point, Tesco Shah Alam

- Kedai Buku Books etc, Tesco Shah Alam

- Kedai Computer e3, Tesco Shah Alam

- My News.com, Tesco Shah Alam

- Ajay Snacks, Tesco Shah Alam

- Sri Jayam Stores Cash and Carry, PJ

- Kedai alat-alat Jahitan, Kraftangan dan Bunga Apple, PJ

- Pasaraya CH Sdn Bhd, PJ

- Gedung Pakaian Medan, PJ

After a lot of struggles, we found a company near MSU which is Hangout Cafe. But unfortunately, Sir Effendy said that this company cannot be used because we don't have any evidence for their profit and loss statement and he was afraid that the accounts can be manipulated. Hangout Cafe's owner wasn't interested to give us their transaction evidences and so we had to let this company go.

After searching few more companies, we finally have found a company for our UBS project. This business is located near to my house, Taman Medan, PJ and the nature of this business is a barber shop. The owner of this business is a friend of my father and luckily he agreed to give us cooperation for our project by providing his source of documents for six months. Sir told us that our senior's have tried up to 23 companies but failed. But, we have broke the record. We went to 28 companies and all rejected us. Only the 29^th company agreed to help us. =)

The experience we gained in this project is unforgettable. We really faced a lot of difficulties to find our first potential business entity for our UBS Project.

We hope that our project can be carried out smoothly. GOOD LUCK to US..=)