Step 1 : Enter general information (this will automatically populate the banners in each PSP tab).

CLIENT J-Emotion (NS) Sdn Bhd Reference Prepared by: Ky 27.04.2016

Interim Period-end 12/31/2015 <U1000f> Reviewed by:
Currency/unit RM
Step 2 : Lead schedule

12/31/2015 12/31/2015 12/31/2015 12/31/2015 Adjustments 12/31/2015 12/31/2014

Account Name Unadjusted Unadjusted Unadjusted Adjusted Audited Variance In % Note TM/Ref
(N3) (PT5777) Unadjusted (PN) (Total) Dr Cr Current Year Prior Year RM'000
TB1 TB2 PY

Sales 10,249 10,834 21,083 21,083 5,693 15 270%

Sales - Interbranch 82,289 64,815 147,104 147,104 - 147 #DIV/0!
Cash sales 1,126,155 2,097,600 3,223,755 3,223,755 3,625,989 (402) -11% Note 1
Discount allowed - (800) (800) (800) (1) (1) 79900%
Return inwards (1,229) (970) (2,199) (2,199) (2,469) 0 -11%
Rounding adjustment - (2) (2) (2)

Total Revenue 1,217,464 2,171,477 - 3,388,941 3,388,941 3,629,212 (240) -7%

Step 3 : Threshold

FINAL

Threshold is set at TE: RM18,100

Step 4 : Analytical Review

Step 5 : Note(s)

FINAL

Note 1 Monthly sales analysis

2015 2,014
Nilai 3 PT5777 Putra Nilai Total Nilai 3 PT5777 Putra Nilai Total Variance
RM RM RM RM RM RM RM RM RM %

January 121,108 201,058 33,296 355,462 115,651 231,852 41,402 388,905 #REF! #REF!
February 84,652 148,868 19,001 252,521 92,035 181,914 23,779 297,728 #REF! #REF!
March 109,495 207,736 33,254 350,485 109,546 220,425 34,017 363,988 #REF! #REF!
April 104,127 189,377 33,960 327,464 88,130 206,554 30,093 324,777 #REF! #REF!
May 132,454 148,013 40,472 320,939 112,456 193,336 35,914 341,706 #REF! #REF!
June 128,641 147,895 29,976 306,512 126,870 200,523 29,681 357,074 #REF! #REF!
July 133,254 151,672 27,846 312,772 137,832 242,633 30,596 411,061 #REF! #REF!
August 112,088 120,203 24,843 257,134 107,481 200,056 30,977 338,514 #REF! #REF!
September 123,565 164,673 28,474 316,712 106,059 192,335 36,223 334,617 #REF! #REF!
October 113,392 160,915 30,145 304,452 100,578 201,480 29,575 331,633 #REF! #REF!
November 103,236 147,513 - 250,749 102,147 166,569 28,011 296,727 #REF! #REF!
December 111,223 159,564 - 270,787 120,228 169,900 28,180 318,308 #REF! #REF!
1,377,235 1,947,487 301,267 3,625,989 1,319,013 2,407,577 378,448 4,105,038 #REF! #REF!
251,080 (150,113) 301,267 402,234 473,356

The monthly sales analysis above excluded sales for inter branch.

Workdone:
- Randomly vouched to the sales invoice.
- Vouched to the monthly cash sales report.
- Performed sales cut-off test. Please refer to <U1100f> for more details.

Step 6 : Conclusion

Based on the workdone, the revenue is reasonably stated.

Step 7: Tickmarks

TB1 Agreed to trial balance (Nilai 3) as at 31/12/2015

TB2 Agreed to trial balance (PT5777) as at 31/12/2015
TB3 Agreed to trial balance (Putra Nilai) as at 31/12/2015
PY Agreed to audited figures as at 31/12/2014

531139653.xlsx Page 1 of 29
e / FOR INTERNAL USE ONLY 07/08/202101:56:24
J-Emotion (NS) Sdn Bhd (PT5777) Reference Prepared by: Daneswary
Audit For The Year Ended 31 December 2015 <U1001f> Reviewed by:
Sales Testing

OBJECTIVE
In order to confirm the proecessing procedures and controls in the sales application as per documented in the attached narration,
the following procedures were performed.

Source: Sales invoice for period 1/1/2015 until 31/12/2015

Basis of selection : 25 samples selected out of 8472 transactions. (Interval : 339)

Audit procedures
(a) Check the numerical sequeces of sales invoices and delivery orders.
(b) Ensured the invoices issued are properly authorized.
(c) Ensured the invoices issued are matched with supporting documents. (Not Applicable)
(d) Ensure arithmerical accuracy of sales invoice
(e) Check posting from sales book to general ledger (to ensure correct classification of sales) and debtor ledger

Invoice No. Date Customer Amount (RM)

1 CS 58139 01/01/2015 Cash Sales 340.00
2 CS 58478 16/01/2015 Cash Sales 174.00
3 CS 58817 30/01/2015 Cash Sales 212.00
4 CS 59156 14/02/2015 Cash Sales 315.70
5 CS 59495 02/03/2015 Cash Sales 20.00
6 CS 59834 15/03/2015 Cash Sales 7.00
7 CS 60173 28/03/2015 Cash Sales 724.70
8 CS 60512 08/04/2015 Cash Sales 30.00
9 CS 60851 19/04/2015 Cash Sales 67.17
10 CS 61190 02/05/2015 Cash Sales 216.00
11 CS 61529 15/05/2015 Cash Sales 160.00
12 CS 61870 28/05/2015 Cash Sales 20.00
13 CS 62207 09/06/2015 Cash Sales 140.00
14 CS 62549 27/06/2015 Cash Sales 1,367.92
15 CS 62885 10/07/2015 Cash Sales 100.00
16 CS 63224 24/07/2015 Cash Sales 116.22
17 CS 63563 09/08/2015 Cash Sales 50.00
18 CS 63902 29/08/2015 Cash Sales 110.00
19 CS 64242 14/09/2015 Cash Sales 480.00
20 CS 64580 30/09/2015 Cash Sales 457.07
21 CS 64919 17/10/2015 Cash Sales 95.00
22 CS 65260 31/10/2015 Cash Sales 1,018.86
23 CS 65599 15/11/2015 Cash Sales 675.00
24 CS 65937 02/12/2015 Cash Sales 265.00
25 CS 66275 17/12/2015 Cash Sales 66.03
7,227.67

Note: The above samples are properly recorded as per the 5 sales testing worksteps above. No exception noted.

CONCLUSION:
Based on the samples above, we may conclude the sales cycle is operating effectively.
J-Emotion (NS) Sdn Bhd (PN) Reference Prepared by: Daneswary
Audit For The Year Ended 31 December 2015 <U1001f> Reviewed by:
Sales Testing

OBJECTIVE
In order to confirm the proecessing procedures and controls in the sales application as per documented in the attached narration,
the following procedures were performed.

Source: Sales invoice for period 1/1/2015 until 31/12/2015

Basis of selection : 25 samples selected with the interval of 78 out of 1942 transactions during the year.

Audit procedures
(a) Check the numerical sequeces of sales invoices and delivery orders.
(b) Ensured the invoices issued are properly authorized.
(c) Ensured the invoices issued are matched with supporting documents. (Not Applicable)
(d) Ensure arithmerical accuracy of sales invoice
(e) Check posting from sales book to general ledger (to ensure correct classification of sales) and debtor ledger

Invoice No. Date Customer Amount (RM)

1 CS 19295 02-01-2015 Cash Sales 230.00
2 CS 19373 15-01-2015 Cash Sales 70.00
3 CS 19451 25-01-2015 Cash Sales 120.00
4 CS 19529 06-02-2015 Cash Sales 325.00
5 CS 19607 17-02-2015 Cash Sales 99.00
6 CS 19685 13-03-2015 Cash Sales 100.00
7 CS 19763 27-03-2015 Cash Sales 35.00
8 CS 19841 09-04-2015 Cash Sales 141.51
9 CS 19919 19-04-2015 Cash Sales 460.38
10 CS 19997 28-04-2015 Cash Sales 660.38
11 CS 20075 09-05-2015 Cash Sales 137.74
12 CS 20153 19-05-2015 Cash Sales 51.89
13 CS 20231 30-05-2015 Cash Sales 83.02
14 CS 20309 08-06-2015 Cash Sales 18.87
15 CS 20387 20-06-2015 Cash Sales 42.45
16 CS 20465 04-07-2015 Cash Sales 330.19
17 CS 20543 15-07-2015 Cash Sales 353.77
18 CS 20621 31-07-2015 Cash Sales 150.94
19 CS 20699 14-08-2015 Cash Sales 61.32
20 CS 20777 26-08-2015 Cash Sales 358.49
21 CS 20855 08-09-2015 Cash Sales 330.19
22 CS 20933 19-09-2015 Cash Sales 33.02
23 CS 21011 03-10-2015 Cash Sales 150.94
24 CS 21089 12-10-2015 Cash Sales 37.74
25 CS 21167 24-10-2015 Cash Sales 87.74
4,469.58

Note: The above samples are properly recorded as per the 5 sales testing worksteps above. No exception noted.

CONCLUSION:
Based on the samples above, we may conclude the sales cycle is operating effectively.
J-Emotion (NS) Sdn Bhd (Nilai 161) Reference Prepared by: Daneswary
Audit For The Year Ended 31 December 2015 <U1001f> Reviewed by:
Sales Testing

OBJECTIVE
In order to confirm the proecessing procedures and controls in the sales application as per documented in the attached narration,
the following procedures were performed.

Source: Sales invoice for period 1/1/2015 until 31/12/2015

Basis of selection : 25 samples selected out of 5469 transactions. (Interval: 219)

Audit procedures
(a) Check the numerical sequeces of sales invoices and delivery orders.
(b) Ensured the invoices issued are properly authorized.
(c) Ensured the invoices issued are matched with supporting documents. (Not Applicable)
(d) Ensure arithmerical accuracy of sales invoice
(e) Check posting from sales book to general ledger (to ensure correct classification of sales) and debtor ledger

Invoice No. Date Customer Amount (RM)

1 CS 35996 01/01/2015 Cash Sales 150.00
2 CS 36215 14/01/2015 Cash Sales 525.00
3 CS 36434 30/01/2015 Cash Sales 570.00
4 CS 36453 31/01/2015 Cash Sales 280.00
5 CS 36872 06/03/2015 Cash Sales 400.00
6 CS 37091 23/03/2015 Cash Sales 50.00
7 CS 37310 06/04/2015 Cash Sales 273.02
8 CS 37529 24/04/2015 Cash Sales 80.00
9 CS 37748 06/05/2015 Cash Sales 1,280.00
10 CS 37967 21/05/2015 Cash Sales 90.00
11 CS 38186 01/06/2015 Cash Sales 280.00
12 CS 38405 12/06/2015 Cash Sales 300.00
13 CS 38624 26/06/2015 Cash Sales 68.02
14 CS 38843 07/07/2015 Cash Sales 125.00
15 CS 39062 15/07/2015 Cash Sales 350.00
16 CS 39281 01/08/2015 Cash Sales 300.00
17 CS 39500 18/08/2015 Cash Sales 210.00
18 CS 39719 01/09/2015 Cash Sales 283.02
19 CS 39938 14/09/2015 Cash Sales 310.00
20 CS 40157 27/01/2015 Cash Sales 55.00
21 CS 40376 11/10/2015 Cash Sales 209.53
22 CS 40595 30/10/2015 Cash Sales 1,200.00
23 CS 40814 15/11/2015 Cash Sales 165.00
24 CS 41033 04/12/2015 Cash Sales 270.00
25 CS 41252 19/12/2015 Cash Sales 278.96
8,102.55

Note: The above samples are properly recorded as per the 5 sales testing worksteps above. No exception noted.

CONCLUSION:
Based on the samples above, we may conclude the sales cycle is operating effectively.
J-Emotion (NS) Sdn Bhd (PT5777) Reference Prepared by: Daneswary
Audit For The Year Ended 31 December 2015 <U1003f> Reviewed by:
Sales Cut Off

Objective:-
To ensure that sales have been properly taken up as to the correct amount, account and period as at 31 December 2015

Threshold:-
No threshold been imposed

Basis:-
Last five sales invoices issued before financial year end and first five sales invoices issued after financial year end.

Work done:-
1) Vouched to the invoices or cash sales.
2) Check posting to GL and AR subledger in the system.

Date Cash sales No. Amount (RM) Customer Related to Recorded in

current period current
period
12/30/2015 CS 66603 18.02 Cash Sales YES YES
12/30/2015 CS 66604 40.00 Cash Sales YES YES
12/30/2015 CS 66605 40.00 Cash Sales YES YES
12/31/2015 CS 66607 28.02 Cash Sales YES YES
12/31/2015 CS 66610 60.00 Cash Sales YES YES

CUT-OFF SALES
01.01.2016 CS 66614 140.00 Cash Sales NO NO
02.01.2016 CS 66619 146.03 Cash Sales NO NO
02.01.2016 CS 66617 314.43 Cash Sales NO NO
02.01.2016 CS 66616 5.00 Cash Sales NO NO
02.01.2016 CS 66615 150.00 Cash Sales NO NO

No exception noted.

Conclusion:
Not applicable as the invoice number was not in sequent.
J-Emotion (NS) Sdn Bhd (PN) Reference Prepared by: Daneswary
Audit For The Year Ended 31 December 2015 <U1003f> Reviewed by:
Sales Cut Off

Objective:-
To ensure that sales have been properly taken up as to the correct amount, account and period as at 31 December 2015

Threshold:-
No threshold been imposed

Basis:-
5 last invoices issued during the financial year.

Work done:-
1) Vouched to the invoices or cash sales.
2) Check posting to GL and AR subledger in the system.

Date Cash sales No. Amount (RM) Customer Related to Recorded in

current period current
period
10/31/2015 CS 21232 110.00 Cash Sales YES YES
10/31/2015 CS 21233 60.00 Cash Sales YES YES
10/31/2015 CS 21234 90.00 Cash Sales YES YES
10/31/2015 CS 21235 320.00 Cash Sales YES YES
10/31/2015 CS 21236 110.00 Cash Sales YES YES
CUT-OFF SALES

Note: The branch ceased its operation after 31st October 2015. No transaction after ceasing operation.

Conclusion:
we may conclude the sales cycle is operating effectively.
J-Emotion Sdn Bhd (Nilai 161) Reference Prepared bDaneswary
Audit For The Year Ended 31 December 2015 <U1003f> Reviewed by:
Sales Cut Off

Objective:-
To ensure that sales have been properly taken up as to the correct amount, account and period as at 31 December 2015

Threshold:-
No threshold been imposed

Basis:-
Last five sales invoices issued before financial year end and first five sales invoices issued after financial year end.

Work done:-
1) Vouched to the invoices or cash sales.
2) Check posting to GL and AR subledger in the system.

Date Cash sales No. Amount (RM) Customer Related to Recorded in

current period current
period
12/31/2015 CS 41454 296.04 Cash Sales YES YES
12/31/2015 CS 41455 188.02 Cash Sales YES YES
12/31/2015 CS 41456 310.00 Cash Sales YES YES
12/31/2015 CS 41460 50.00 Cash Sales YES YES
12/31/2015 CS 41464 170.04 Cash Sales YES YES

CUT-OFF SALES
01.01.2015 CS 41465 70.75 Cash Sales NO NO
01.01.2015 CS 41466 83.77 Cash Sales NO NO
01.01.2015 CS 41467 2,050.00 Cash Sales NO NO
01.01.2015 CS 41468 92.45 Cash Sales NO NO
01.01.2015 CS 41469 145.00 Cash Sales NO NO

No exception noted.

Conclusion:
Satisfactory
Step 1 : Enter general information (this will automatically populate the banners in each PSP tab).
CLIENT J-Emotion (NS) Sdn Bhd Reference Prepared by: Ky 27.04.2016
Interim Period-end 12/31/2015 <U2000f> Reviewed by:
Currency/unit RM
Step 2 : Lead schedule

12/31/2015 12/31/2015 12/31/2015 12/31/2015 Adjustments 12/31/2015 12/31/2014

Account Name Unadjusted Unadjusted Unadjusted Adjusted Audited Variance In % Note TM/Ref
(N3) (PT5777) Unadjusted (PN) (Total) Dr Cr Current Year Prior Year RM'000
TB1 TB2 PY

Opening inventories - - 887,902 (888) -100% <F0000f>

Purchases 707,251 950,848 1,658,099 1,658,099.00 1,840,190 (182) -10% Note 1
- 509
Purchases interbranch 64,815 82,289 147,104 147,104.00 - 147 #DIV/0!
Cash purchases - - 9,063 (9) -100%
Purchases return (10,466) (9,844) (20,310) (20,310.00) (14,569) (6) 39%
Discount received (680) (1,453) (2,133) (2,133.00) (2,880) 1 -26%
Repair and service charges - 100 100 100.00 1,205 (1) -92%
Direct labour - - - - 115,072
- (513,796)
Closing stocks - - - - - - #DIV/0! <F0000f>

Total Cost of Sales 760,920 1,021,940 - 1,782,860 1,782,860 2,322,696 (540) -23%

Step 3 : Threshold

FINAL

Threshold is set at TE: RM18,100

Step 4 : Analytical Review

Step 5 : Note(s)

FINAL

Note 1 Monthly purchase analysis

2014 2013
Nilai 3 PT5777 Putra Nilai Total Nilai 3 PT5777 Putra Nilai Total Variance
RM RM RM RM RM RM RM %

January 70,451 98,300 15,414 184,165 70,474 93,840 15,171 179,485 #REF! #REF!
February 36,874 60,086 5,765 102,725 52,770 89,048 10,398 152,216 #REF! #REF!
March 61,700 121,341 8,088 191,129 68,993 103,319 9,752 182,064 #REF! #REF!
April 43,433 68,093 6,620 118,146 55,767 109,949 11,681 177,397 #REF! #REF!
May 56,837 77,000 6,346 140,183 76,922 92,447 19,161 188,530 #REF! #REF!
June 74,506 89,380 6,739 170,625 91,111 85,307 9,916 186,334 #REF! #REF!
July 63,384 83,424 10,667 157,475 78,738 108,923 14,931 202,592 #REF! #REF!
August 55,464 95,995 7,646 159,105 85,722 115,211 14,660 215,593 #REF! #REF!
September 72,913 88,353 12,051 173,317 89,546 90,222 13,761 193,529 #REF! #REF!
October 62,745 104,239 7,095 174,079 77,650 99,609 16,206 193,465 #REF! #REF!
November 49,209 75,376 25 124,610 52,688 60,166 9,842 122,696 #REF! #REF!
December 68,435 76,160 - 144,595 65,638 73,637 12,004 151,279 #REF! #REF!
715,951 1,037,748 86,456 1,840,155 866,019 1,121,678 157,483 2,145,180 #REF! #REF!
8,700 86,900 86,456 182,056

The monthly purchase analysis above excluded purchases for inter branch.

Workdone:
- Randomly vouched to the payment vouchers and purchase invoice.
- Performed purchase cut-off test. Please refer to <U2002f> series for more details.

Step 6 : Conclusion

Based on the workdone, the cost of sales are reasonably stated.

Step 7: Tickmarks

TB1 Agreed to trial balance (Nilai 3) as at 31/12/2015

TB2 Agreed to trial balance (PT5777) as at 31/12/2015
TB3 Agreed to trial balance (Putra Nilai) as at 31/12/2015
PY Agreed to audited figures as at 31/12/2014

531139653.xlsx Page 8 of 29
e / FOR INTERNAL USE ONLY 07/08/202101:56:24
J-Emotion (NS) Sdn Bhd (PT5777) ReferencPrepared by: Daneswary
Audit For The Year Ended 31 December 2015 <U2001f>Reviewed by:
Purchase Testing - Raw Material

Objective : To ensure that the internal control in the purchase system is in effect throughout the year
and are correctly recorded and timely taken up into respective accounts.

Source: Purchases invoice for period 1/1/2015 until 31/12/2015

Basis of selection : 25 samples, based on value more than RM 1000.00

Audit procedures

1. Check to purchases invoices

2. Review the purchase invoice and ensure that the documents bear the signature of the authorised officer.
3. Ensure
Ensure arithmerical accuracy
that the supplier's of purchases
invoice invoice
tie to good received note. (Not applicable)
4.
5. Check posting from purchases book to general ledger (to ensure correct classification of purchases) and
creditors ledger

Invoice No. Date Customer Amount (RM)

1 93573309 01.01.2015 ST Auto Spares Sdn Bhd 1,840.00
2 INH 1405140 01.01.2015 HH Accesories Trading 1,035.00
3 15-103296 06.01.2015 Layang- Layang Fiberglass Sdn Bhd 1,377.00
4 IA 70232 07.01.2015 Atom Autoparts Sdn Bhd 5,654.00
5 IA 70252 09.01.2015 Atom Autoparts Sdn Bhd 4,647.70
6 CS 15010225 13.01.2015 Second OEM Sdn Bhd 3,500.00
7 INV 21724 13.01.2015 Prima Battery Sdn bhd 1,689.00
8 IN 1501-0102 13.01.2015 Nikkoshi Electronics Sdn Bhd 1,350.00
9 IA 70348 14.01.2015 Atom Autoparts Sdn Bhd 3,442.60
10 15-103774 16.01.2015 Layang- Layang Fiberglass Sdn Bhd 1,400.00
11 IA 70386 16.01.2015 Atom Autoparts Sdn Bhd 2,018.00
12 38-4359 19.01.2015 Syncmax Commerce (M) Sdn Bhd 1,188.00
13 93575398 19.01.2015 ST Auto Spares Sdn Bhd 2,340.00
14 IA 70430 21.01.2015 Atom Autoparts Sdn Bhd 4,232.90
15 IA 50278 22.01.2015 Ken East Trading 4,193.00
16 IA 70503 23.01.2015 Layang- Layang Fiberglass Sdn Bhd 1,820.00
17 52489 24.01.2015 Leather Land Marketing Sdn Bhd 1,350.00
18 IA 70549 28.01.2015 Atom Autoparts Sdn Bhd 8,233.80
19 15-104378 29.01.2015 Layang- Layang Fiberglass Sdn Bhd 1,198.00
20 IA 70645 30.01.2015 Atom Autoparts Sdn Bhd 2,114.00
21 A 153195 31.01.2015 Nasa Products Sdn Bhd 1,371.60
22 B 103770 31.01.2015 Nasa Products Sdn Bhd 1,580.80
23 INV 21854 04.02.2015 Prima Battery Sdn bhd 2,610.00
24 INV 1502/0374 09.02.2015 Nikkoshi Electronics Sdn Bhd 2,348.00
25 15-105009 11.02.2015 Layang- Layang Fiberglass Sdn Bhd 1,430.00
63,963.40

Note: The above samples are properly recorded as per the above 5 purchase testing worksteps. No exception noted.

CONCLUSION:
Based on the samples above, we may conclude the purchase cycle is operating effectively.
J-Emotion (NS) Sdn Bhd (PN) Reference Prepared by: Daneswary
Audit For The Year Ended 31 December 2015 <U2001f> Reviewed by:
Purchase Testing - Raw Material

Objective : To ensure that the internal control in the purchase system is in effect throughout the year
and are correctly recorded and timely taken up into respective accounts.

Source: Purchases invoice for period 1/1/2015 until 31/12/2015

Basis of selection : 25 samples, based on the higest value in every month and one random sample based on
first month of the testing period

Audit procedures

1. Check to purchases invoices

2. Review the purchase invoice and ensure that the documents bear the signature of the authorised officer.
3. Ensure
Ensure arithmerical accuracy
that the supplier's of purchases
invoice invoice
tie to good received note. (Not applicable)
4.
5. Check posting from purchases book to general ledger (to ensure correct classification of purchases) and
creditors ledger

Invoice No. Date Supplier Amount (RM)

1 15010009 02.01.2015 Ace Cool Parts Trading 165.00
2 IA 70274 09.01.2015 Atom Auto Supply Sdn Bhd 1,943.00
3 IA 70322 14.01.2015 Atom Auto Supply Sdn Bhd 2,216.00
4 1502-098 04.02.2015 Power Autopart Enterprise 210.00
5 N0336 14.02.2015 Mintcool Autoparts Trading 240.00
6 22034 07.03.2015 Prima Battery Sdn Bhd 616.00
7 15786 10.03.2015 Vernier Marketing Sdn Bhd 112.00
8 PI 000008 08.04.2015 Power Autoparts Enterprise 190.00
9 PI 000002 16.04.2015 KHP Trading Sdn Bhd 128.00
10 IA 71743 24.04.2015 Atom Auto Supply Sdn Bhd 650.00
11 1505-204 08.05.2015 Power Autopart Enterprise 100.00
12 IA 71987 15.05.2015 Atom Auto Supply Sdn Bhd 40.00
13 PI 000059 05.06.2015 Atom Auto Supply Sdn Bhd 40.00
14 IA 72434 17.06.2015 Atom Auto Supply Sdn Bhd 2,624.50
15 1507-042 02.07.2015 Power Autoparts Enterprise 95.00
16 15-07285 10.07.2015 Power Autoparts Enterprise 150.00
17 1508-050 03.08.2015 Power Autoparts Enterprise 70.00
18 INV 4062 08.08.2015 Mintcool Autoparts Sdn Bhd 150.00
19 I-1509 0398 11.09.2015 BlueTact Sdn Bhd 200.00
20 N 4421 29.09.2015 Mintcool Autoparts Sdn Bhd 95.93
21 10/060255 09.10.2015 KHP Trading Sdn Bhd 129.00
22 N 4577 19.10.2015 Mintcool Autoparts Sdn Bhd 230.00
23 INV 1510-601 29.10.2015 Power Autoparts Enterprise 134.00
24 00721 29.10.2015 Vernier Marketing Sdn Bhd 109.00
25 57294 25.11.2015 Discovery One Enterprise 25.44

Note: The above samples are properly recorded as per the above 5 purchase testing worksteps. No exception noted.

CONCLUSION:
Based on the samples above, we may conclude the purchase cycle is operating effectively.
J-Emotion (NS) Sdn Bhd (Nilai 161) Reference Prepared by: Daneswary
Audit For The Year Ended 31 December 2015 <U2001f> Reviewed by:
Purchase Testing - Raw Material

Objective : To ensure that the internal control in the purchase system is in effect throughout the
year and are correctly recorded and timely taken up into respective accounts.

Source: Purchases invoice for period 1/1/2015 until 31/12/2015

Basis of selection : 25 samples, based on value higher than RM 2,000.00

Audit procedures

1. Check to purchases invoices

2. Review the purchase invoice and ensure that the documents bear the signature of the authorised officer.
3. Ensure arithmerical
Ensure accuracy
that the supplier's of purchases
invoice tie to goodinvoice
received note. (Not applicable)
4.
5. Check posting from purchases book to general ledger (to ensure correct classification of purchases) and
creditors ledger

Invoice No. Date Customer Amount (RM)

1 1501-0075 02/01/2015 Syamsul Auto Supply (M) Sdn Bhd 2,475.00
2 IA 70178 07/01/2015 Atom Auto Supply Sdn Bhd 10,327.00
3 IA 70331 14/01/2015 Atom Auto Supply Sdn Bhd 2,713.00
4 IA 70365 14/01/2015 Atom Auto Supply Sdn Bhd 3,505.00
5 IA 70432 21/01/2015 Atom Auto Supply Sdn Bhd 7,810.80
6 IA 70550 28/01/2015 Atom Auto Supply Sdn Bhd 7,049.00
7 IA 70632 30/01/2015 Atom Auto Supply Sdn Bhd 4,558.00
8 IA 70719 04/02/2015 Atom Auto Supply Sdn Bhd 3,943.50
9 IA 70759 05/02/2015 Atom Auto Supply Sdn Bhd 3,661.00
10 IA 70824 09/02/2015 Atom Auto Supply Sdn Bhd 4,265.00
11 IA 70840 11/02/2015 Atom Auto Supply Sdn Bhd 3,444.30
12 IA 70910 16/02/2015 Atom Auto Supply Sdn Bhd 2,128.00
13 IA 71018 04/03/2015 Atom Auto Supply Sdn Bhd 3,881.00
14 IA 71048 04/03/2015 Atom Auto Supply Sdn Bhd 2,495.00
15 22035 07/03/2015 Prima Battery Sdn Bhd 2,977.00
16 IA 71066 07/03/2015 Atom Auto Supply Sdn Bhd 3,514.60
17 IA71110 10/03/2015 Atom Auto Supply Sdn Bhd 3,999.00
18 03/047 11/03/2015 Nazuka Auto Technology Sdn Bhd 2,990.00
19 24231 12/03/2015 Prowell Sdn Bhd 2,020.00
20 IA 71304 23/03/2015 Atom Auto Supply Sdn Bhd 3,711.50
21 IA 71427 31/03/2015 Atom Auto Supply Sdn Bhd 3,094.00
22 10031721 13/04/2015 Jes Automart Trading 2,946.90
23 0175 29/06/2015 Atom Auto Supply Sdn Bhd 4,363.00
24 IA 73309 19/08/2015 Atom Auto Supply Sdn Bhd 2,040.00
25 IA 73710 23/09/2015 Atom Auto Supply Sdn Bhd 7,664.20
101,575.80

Note: The above samples are properly recorded as per the above 5 purchase testing worksteps. No exception noted.

CONCLUSION:
Based on the samples above, we may conclude the purchase cycle is operating effectively.
J-Emotion (NS) Sdn Bhd (PT5777) Prepared by: Daneswary <U2100f>
Audit For The Year Ended 31 December 2015 Reviewed by:
Purchase Cut Off

Objective:-
To ensure that purchase have been properly taken up as to the correct amount, account and period as at 31 December 2015

Threshold:-
Amount > 50% of TE, RM5,500

Basis:-
Invoice issued 2 weeks before and 2 weeks after period end.

Work done:-
1) Vouched to the invoices.
2) Check posting to GL and AP subledger in the system.

Date Invoice No. Amount (RM) Supplier Related to current Recorded in current period
period
12/31/2015 I 002081 12.00 Speed Top Autoparts Sdn Bhd Yes Yes
12/31/2015 I 179947 60.00 Poly Speed Trading Sdn Bhd Yes Yes
12/31/2015 INV 1512 714 8.00 Power Autoparts Enterprise Yes Yes
12/31/2015 INV 1512 702 65.00 Power Autoparts Enterprise Yes Yes
12/31/2015 N 126967 520.00 Nasa Products (M) Sdn Bhd Yes Yes

CUT-OFF PURCHASE
04/01/2015 7168 202.30 LA Auto Trading NO NO
07/01/2015 TSIN23004641 114.00 Trio Sales & Services Sdn Bhd NO NO
07/01/2015 I 1601063 1180.00 RS One Auto Parts Sdn Bhd NO NO
08/01/2016 I 1601-0259 1600.00 BlueTact Sdn Bhd NO NO
19/01/2016 TSIN23004857 328.00 Trio Sales & Services Sdn Bhd NO NO

No exception noted.

Conclusion:
Objective achieved.
J-Emotion (NS) Sdn Bhd (PN) Prepared by: Daneswary <U2100f>
Audit For The Year Ended 31 December 2015 Reviewed by:
Purchase Cut Off

Objective:-
To ensure that purchase have been properly taken up as to the correct amount, account and period as at 31 December 2015

Threshold:-
Amount > 50% of TE, RM5,500

Basis:-
Invoice issued 2 weeks before and 2 weeks after period end.

Work done:-
1) Vouched to the invoices.
2) Check posting to GL and AP subledger in the system.

Date Invoice No. Amount (RM) Supplier Related to current Recorded in current period
period
10/19/2015 N 4577 230.00 Mintcool Autoparts Sdn Bhd Yes Yes
10/27/2015 INV 1510-540 25.00 Power Autoparts Enterprise Yes Yes
10/29/2015 1510-601 134.00 Power Autoparts Enterprise Yes Yes
10/29/2015 00721 109.00 Vernier Marketing Sdn Bhd Yes Yes
11/25/2015 57294 25.44 Discovery One Enterprise Yes Yes

CUT-OFF PURCHASE

Note: The branch ceased its operation after 31st October 2015. No transaction after ceasing operation.

Conclusion:
Objective achieved.
J-Emotion (NS) Sdn Bhd (Nilai 161) Prepared by: Daneswary <U2100f>
Audit For The Year Ended 31 December 2015 Reviewed by:
Purchase Cut Off

Objective:-
To ensure that purchase have been properly taken up as to the correct amount, account and period as at 31 December 2015

Threshold:-
Amount > 50% of TE, RM5,500

Basis:-
Invoice issued 2 weeks before and 2 weeks after period end.

Work done:-
1) Vouched to the invoices.
2) Check posting to GL and AP subledger in the system.

Date Invoice No. Amount (RM) Supplier Related to current Recorded in current period
period
12/30/2015 518/70975 230.00 Siong Seng Trading Sdn Bhd Yes Yes
12/30/2015 INV 0947 18.00 JE Automart Marketing Sdn Bhd Yes Yes
12/31/2015 00000197 80.00 LEC Trading Yes Yes
12/31/2015 1512-709 75.00 Power Autoparts Enterprise Yes Yes
12/31/2015 57086 876.00 LEC Trading Yes Yes

CUT-OFF PURCHASE
05/01/2016 IV 0111817 1245.00 Auto Lab Sdn Bhd NO NO
05/01/2016 HIN 0159837 125.00 Hua Hong Auto Supplies (K.L) Sdn Bhd NO NO
05/01/2016 HIN 0159795 215.00 Hua Hong Auto Supplies (K.L) Sdn Bhd NO NO
05/01/2016 HIN 0159846 15.00 Hua Hong Auto Supplies (K.L) Sdn Bhd NO NO
08/01/2016 1600100 735.00 GSR Auto & Accessories Trading NO NO

No exception noted.

Conclusion:
Objective achieved.
Step 1 : Enter general information (this will automatically populate the banners in each PSP tab).
CLIENT J-Emotion (NS) Sdn Bhd Reference Prepared by: Ky 27.04.2016
Interim Period-end 12/31/2016 <U3000f> Reviewed by:
Currency/unit RM
Step 2 : Lead schedule

12/31/2016 12/31/2016 12/31/2016 12/31/2016 Adjustments 12/31/2016 12/31/2015 Final

Account Name Unadjusted Unadjusted Unadjusted Unadjusted Dr Cr Adjusted Audited Variance In % Note TM/Ref
(N3) (PT5777) (PN) (Total) Current Year Prior Year RM'000
TB1 TB2 TB3 PY

Other income
Sundry income - 6,640 6,640 6,640 55,851 (49) -88%
- 6,640 - 6,640 6,640 55,851 (49) -88%

Step 3 : Threshold

FINAL

Threshold is set at TE: RM18,100

Step 5 : Note(s)

FINAL

Note 1
Being rental of motor vehicle, number plate of WSW9362 (Toyota Vios)to Atom Auto Supply Sdn Bhd (Related parties)

Reasonableness test:
Number of months 12
Monthly charges (RM) 941
As per auditor 11,292
As per client 6,640
Variance 4,652

Inclusive was RM49,990 for the consideration received from Chong Ming Hai for business sold

<AJE7>
Accum.Deprn. Furnitures & fittings (PN) 8,907
Accum.Deprn. Office Equipment(PN) 4,041
Accum.Deprn. Signboard (PN) 2,272
Accum.Deprn. Electrical Installation (PN) 3,360
Gain/(Loss) of business sold 5,431
Furnitures & fittings (PN) 11,134
Office Equipment (PN) 5,051
Signboard (PN) 3,627
Electrical Installation (PN) 4,199
(Being adjustment on disposal of property, plant and property during the year)

Step 6 : Conclusion

Other income is reasonably stated.

Step 7 : Tickmarks

TB1 Agreed to trial balance (Nilai 3) as at 31/12/2015

TB2 Agreed to trial balance (PT5777) as at 31/12/2015
TB3 Agreed to trial balance (Putra Nilai) as at 31/12/2015
PY Agreed to audited figures as at 31/12/2014

531139653.xlsx Page 15 of 29
e / FOR INTERNAL USE ONLY 07/08/202101:56:24
Step 1 : Enter general information (this will automatically populate the banners in each PSP tab).
CLIENT J-Emotion (NS) Sdn Bhd Reference Prepared by: Ky 27.04.2016
Interim Period-end 12/31/2016 <U4000f> Reviewed by:
Currency/unit RM
Step 2 : Lead schedule

12/31/2016 12/31/2016 12/31/2016 12/31/2016 Adjustments 12/31/2016 12/31/2015

Account Name Unadjusted Unadjusted Unadjusted Dr Cr Adjusted Audited Variance In % Note TM/ref
Unadjusted (N3) (PT5777) (PN) (Total) Current Year Prior Year RM'000
TB1 TB2 PY

SALES AND DISTRIBUTION COSTS

Petrol, parking and toll 5,886 1,223 7,109 7,109 6,348 761 12% Note 1
Referral commission - - - - #DIV/0!
Sales commission 6,723 77,565 84,288 84,288 54,327 29,961 55% Note 2
Travelling expenses - - - - #DIV/0!
12,609 78,788 - 91,397 91,397 60,675 30,722 51%

ADMINISTRATIVE EXPENSES
Accounting fees 270
Advertisement - - - - - #DIV/0!
Auditors' remuneration - - 8,521 (8,521) -100%
Bank charges 129 889 1,018 1,018 1,116 (98) -9%
Compound and penalty 6 6 6 326 (320) -98% Note 3
Credit card charges 4,298 7,376 11,674 11,674 11,953 (279) -2% Note 4
Compensation - - - 300 (300) -100% Note 5
Depreciation of property, plant and -100% <K0000f>
equipment - - - 121,304 (121,304)
Directors' other emoluments 162,000 162,000 162,000 167,225 (5,225) -3% Note 6
Directors' EPF & SOCSO - - 14,530 (14,530) -100% Note 6
Director Incentives 74,182 - 125,000
Electricity and water 15,785 11,961 27,746 27,746 39,849 (12,103) -30%
Entertainment - - 3,971 (3,971) -100% Note 7
Foreign workers expenses 5,324 2,820 8,144 8,144 8,325 (181) -2% Note 8
Gift and donation 268 268 268 6,660 (6,392) -96% Note 9
Hardware, spare parts and tools 2,257 7,125 9,382 9,382 13,346 (3,964) -30% Note 10
Insurance 2,021 5,449 7,470 7,470 9,167 (1,697) -19% Note 11
Insurance and road tax 5,096 6,393 11,489 11,489 7,812 3,677 47% Note 12
Legal and professional fees 1,627 1,627 1,627 - 1,627 >100%
License fees 943 482 1,425 1,425 1,319 106 8% Note 13
Maintenance fees 4,200 4,200 4,200 6,000 (1,800) -30% Note 14
Printing and stationery 236 217 453 453 1,240 (787) -63% Note 15
Quit rent and assessment 2,834 2,834 2,834 408 2,426 >100% Note 16
Rental of hostel 85,200 71,123 156,323 156,323 12,600 143,723 >100% Note 17
Rental of merchant - - 1,750 (1,750) -100% Note 18
Rental of premises - - 159,520 (159,520) -100% Note 19
Secretarial and filing fees 614 614 614 1,680 (1,066) -63% Note 20
Services charges - - 35 (35) -100% Note 21
Sewerage charges 552 253 805 805 1,399 (594) -42%
Staff bonus and ang pow 30,440 25,550 55,990 55,990 45,480 10,510 23% Note 30
Staff EPF 20,903 36,327 57,230 57,230 45,775 11,455 25% Note 30
Staff SOCSO 3,758 3,925 7,683 7,683 7,412 Note 30
Staff incentive - - - - #DIV/0!
Staff medical fees 60 60 60 160 (100) -63% Note 30
Staff refreshment 1,389 1,929 3,318 3,318 2,112 1,206 57%
Staff salaries, overtime and allowances 245,885 253,637 499,522 499,522 558,039 (58,517) -10% Note 30
Staff wages 59,022 31,527 90,549 90,549 - 90,549 >100% Note 31
Staff welfare 24 36 60 60 140 (80) -57% Note 30
Stamping fees 32 20 52 52 81 (29) -36% Note 22
Tax computation fees - - 1,800 (1,800) -100%

531139653.xlsx Page 16 of 29
e / FOR INTERNAL USE ONLY 07/08/202101:56:24
 Telephone charges 3,713 3,413 7,126 7,126 8,439 (1,313) -16% Note 23
Transportation charges 688 199 887 887 746 141 19% Note 24
Upkeep of building 150 150 150 85 65 76% Note 25
Upkeep of motor vehicle 1,956 1,956 1,956 3,124 (1,168) -37% Note 26
Upkeep of office 1,652 196 1,848 1,848 1,121 727 65% Note 27
Upkeep of office equipments 510 355 865 865 6,060 (5,195) -86% Note 28
GST expenses 882 64 946 946
GST not claimable 8 8 8 19 (11) -58% Note 29
491,075 719,105 - 1,135,728 1,135,728 1,405,949 (270,221) -19%
(270,221) (6,226) (263,995) 4240%

OTHER OPERATING EXPENSES

Bad debts written off - - - - -
- #DIV/0!

FINANCE COST

Term loan interest 19,138 19,138 19,138 32,148 (13,010) -40% <Q0000f>
Hire purchase interest 3,004 1,123 4,127 4,127 7,497 (3,370) -45% <Q0000f>
3,004 20,261 - 23,265 23,265 39,645

Step 3 : Threshold

FINAL

a) All expenses balances > 50% of TE, RM9,050

b) Variance > 50% of TE, RM9,050
c) Schedule 9th items.
d) Taxation purpose.

Step 4 : Analytical Review

Step 5 : Note(s)

FINAL

Note 1 Petrol, parking and toll

Mainly related to the petrol, parking and toll expenses incurred in nilai and PT5777 branch for business purposes.

Note 2 Sales commission

Mainly related to the sales commission paid to company staff. Kindly refer to <U4100f> for further breakdown.

Note 3 Compound and penalty

Mainly inclusive of RM 26 penalty charged by CIMB Bank for overdue interest settlement and summon RM300 issued by Polis Diraja Malaysia due to the accidents of company's motor.

Note 4 Credit card charges

Mainly related to the credit card commission charged by Public Bank Berhad for credit card machine.

Note 5 Compensation
Mainly related to the compensation paid to customers for damaged goods.

Note 6 Directors' other emoluments

DIRECTOR SALARY/FEES

Chen Siew Moy Salary/Month Month RM

Jan'15-Feb'15 4,500 2 9,000 ** Inclusive was RM1,000 training allowances each month for Jan & Feb'2015, which does not entitled for Employer 13% contribution.

531139653.xlsx Page 17 of 29
e / FOR INTERNAL USE ONLY 07/08/202101:56:24
 Mar'15- Dec'15 10,000 10 100,000
RECAP:
Chen Siew Khoon CHEN SIEW MOY
March'15- Dec'15 3,500 10 35,000 Salaries 109,000
144,000 Incentives 125,000
Comission 23,225
Commission EPF 13,910
Chen Siew Moy 23,225 <U4100f> Socso 620
271,755
Incentives CHEN SIEW KHOON
Chen Siew Moy 125,000 Director fees 35,000

EPF
Chen Siew Moy REASONABLE TEST-EPF (YER)
- Jan'15-Feb'15 455 2 910
- Mar'15- Dec'15 1300 10 13,000
13,910 13,910 X 100% 13%
SOCSO 107,000
Chen Siew Moy
- Jan'15- Dec'15 51.65 12 620
620

GRAND TOTAL 306,755

Note 7 Entertainment 144,755
Mainly related to the entertainment expenses incurred during the year for business purposes

Note 8 Foreign workers expenses

Nilai 161 PT5777 TOTAL
Breakdown:
Foreign workers expenses 350 - 350
Insurance-Myanmar 400 449 849
Permit - Foreign Worker 816 560 1,376
Levy fees 2,055 3,509 5,564 Note 8.1
Insurance- Medical - 186 186
3,620 4,704 8,324

These represented the expenses incurred for hiring of foreign workers.

Note 8.1
5777-Aye Win Naing (MA109126) 2,055 INV
5777-Phyo Maung Maung Tun (MA158627) 1,455 INV
Nilai-Aung Ko (MA057789) 600 INV
Nilai- Tin Nyine (MA034865) 1,455 INV
5,564
Workdone:
INV- Sighted to invoices

Note 9 Gift and donation

Nilai 161 PT5777 TOTAL
Breakdown:

Purchase of 10 boxes of mandarin for client 208 - 208 PV, INV

Persatuan Perniaga Nilai 3 Negeri Sembilan 656 - 656 PV, INV

Condolence- Staff's family 285 - 285 PV

Persatuan Perniaga Nilai 3 Negeri Sembilan - 5,511 5,511 PV, INV

1,149 5,511 6,660

Workdone
PV- Vouched to payment voucher
INV- Vouched to invoices

531139653.xlsx Page 18 of 29
e / FOR INTERNAL USE ONLY 07/08/202101:56:24
Note 10 Hardware, spare parts and tools
Mainly related to the purchase of hardward and tools for branches usage.

Note 11 Insurance
Nilai 161 PT5777 Putra Nilai TOTAL
Insurance- Fire 827 - - 827 Note 11.1
Insurance- Burglary 1,335 - - 1,335 Note 11.2
Insurance- Fire & Burglary - 6,139 - 6,139 Note 11.3
Insurance Staff - 1,009 - 1,009 Note 11.4
Insurance- Shop lot - 201 - 201 Note 11.5
Insurance- Fire - - 555 555 Note 11.6
Insurance- Burglary - - 805 805 Note 11.7
2,162 7,349 1,360 10,871

Note 11.1 & Note 11.2 RM

QBE: Fire Insurance- No. 161 827
QBE: Burglary Insurance- No. 161 1,335
2,162

Note 11.3
Allianz Standard Fire (Class I)- No.78 1,034
Allianz Standard Fire (Class I)- No.77 1,060
Fire insurance-D-G-10 926
Fire insurance-D-G-11 957
<AJE2> Refund of insurance by PBB (1,704)
QBE: Fire & Burglary Insurance-PT5777 2,162
4,435

Note 11.4
AIA- Insurance for director: Chen Siew Moy 1,009

Note 11.5
Insurance charged by developer D-G-10 100
Insurance charged by developer D-G-11 100
201

Note 11.6 & 11.7

QBE: Fire Insurance- PT12926 (Putra Nilai) 555
QBE: Burglary Insurance- PT12926(PN) 805
1,360

Note 12 Insurance and road tax

Nilai 161 PT5777 Putra Nilai TOTAL

Breakdown
WXK 8189- Road tax & insurance 5,608 - - 5,608 PV, IP
WUU8189- Road tax - 740 - 740 PV, IP
WKC7193- Insurance - 518 - 518 ** Director personal car -Proton Wira AB -Siow Kim Choy Estimated Value :RM12,000(Policy #:010700214593-08)
WUU8189- Insurance - 759 - 759 PV, IP
JKD2817- Insurance - 187 - 187 PV, IP
5,608 2,204 - 7,812

Note 13 License fees

Breakdown: RM
Business License fees-PT5777 376 <U4200f>
Business License fees- Nilai 161 943 <U4200f>
1,319

Note 14 Maintenance fees

531139653.xlsx Page 19 of 29
e / FOR INTERNAL USE ONLY 07/08/202101:56:24
 These represented to the maintenance services fees charged by Hatia Properties Sdn Bhd for the shoplot D-G-10 & D-G-11

Workdone:
Sighted to the invoices and payment vouchers

Note 15 Printing and stationery

Mainly related to the printing and stationery expenses incurred in three branches of the Company for business purposes.

Note 16 Quit rent and assessment

Breakdown: RM
Sinking funds 300 ** Sighted to the supporting docs, it was verified as sinking funds, as amount is immaterial to pass reclassification, no further workdone carried out.
Quit rent- D-G-10 54 <U4200f>
Quit rent- D-G-11 54 <U4200f>
408

Note 17 Rental of hostel

Nilai 161
RM
Landlord : Zaidah Thanaletchumi Binti Abdullah
Address: Block M1-1-06, Jalan Mekanikal 2,
Nilai 3, 71800 Nilai
Negeri Sembilan
Duration: Jan'2015- Dec'2015 (12 months)
Rental per month:RM 550 6,600

Landlord: Low Swee Fong

Address: No.18, Jalan BM 5/12, Sek 5,
Bandar Mahkota Bangi
43000 Kajang, Selangor.
Duration: Nov'2015- Dec'2015
Rental per month: RM500 1,000
7,600

Putra Nilai
RM
Landlord: Low Swee Foong
Address:No. 18, Jalan BM 5/12, Sek 5,
Bandar Mahkota Bangi,
43000 Kajang, Selangor
Duration: Jan'2015- Oct'2015
Rental per month:RM500 5,000

GRAND TOTAL 12,600

(143,723)

Note 18 Rental of merchant

Nilai 161
RM
Paid to: Public Bank Berhad ( PT5777 received on behalf)
RM 50 x 12 months 600

PT5777
RM
Paid to: Public Bank Berhad
RM 50 x 12 months 600

Putra Nilai
RM

531139653.xlsx Page 20 of 29
e / FOR INTERNAL USE ONLY 07/08/202101:56:24
 Paid to: Public Bank Berhad ( PT5777 received on behalf)
RM 50 x 11 months (Closed) 550

GRAND TOTAL 1750

1,750
Note 19 Rental of premises

Nilai 161
RM
Landlord: Yeo Eng Chong
Address No.161, Jalan Nilai 3/5,
Kawasan Perindustrian Nilai 3,
71800 Nilai, Negeri Sembilan
Duration: Jan'2015- December'2015
Rental per month: RM 4,300 x 8 months 34,400
Rental per month: RM 6,000 x 4 months (Aug-Dec) 24,000
58,400

PT5777
RM
Landlord: Teoh @ Cheong Hee Ban
Address: PT5776 Bawah Jalan TS 2/1G
Taman Semarak
71800 Nilai Negeri Sembilan
Duration: Jan'2015- Dec'2015
Rental per month: RM1,710 20,520

Landlord: Ten Kok Leong

Address: PT5777 & PT5777 Bawah
Taman Semarak 2,
71800 Nilai,Negeri Sembilan.
Duration: Jan'2015- Dec'2015
Rental per month: RM4,000 48,000
68,520

Putra Nilai
RM
Landlord: Wong Thiam Meng
Address: No. 12926, Jalan BBN 1/7D, Putra Indah
Bandar Baru Nilai, 71800 Nilai
Negeri Sembilan
Duration: Jan'2015- Oct'2015
Rental per month: RM3,100(Jan-June) 18,600
Rental per month: RM3,500( July-Oct) 14,000
32,600

GRAND TOTAL 159,520

159,520
Note 20 Secretarial and filing fees
Mainly related to the secretarial and filling fees paid to AHL Corporate Services Sdn Bhd for the service rendered during the year.

Note 21 Services charges

These represented the services charges paid to Thunder Auto Trading Sdn Bhd.

Note 22 Stamping fees

Mainly related to the stamp duty paid to Syarikat Air Negeri Sembilan Sdn Bhd for shoplot No. 77 & 78.

Note 23 Telephone charges

Mainly related to the telephone charges incurred for business purposes throughout the year.

Note 24 Transportation charges

Mainly related to the transportation charges incurred during the year, inclusive was RM370.00 purchase of air ticket for their foreign workers.

531139653.xlsx Page 21 of 29
e / FOR INTERNAL USE ONLY 07/08/202101:56:24
Note 25 Upkeep of building

Connection charges for water supply paid to : Syarikat Air Negeri Sembilan Sdn Bhd
- No.77 42
- No.78 42
85
Note 26 Upkeep of motor vehicle
Mainly related to the upkeep of motor vehicle incurred for company motor vehicles. Kindly refer to <U4300f> for further breakdown

Note 27 Upkeep of office

Mainly related to the upkeep of office incurred in the the two branches of Company. Kindly refer to <U4300f> for further breakdown.

Note 28 Upkeep of office equipments

Mainly related to the upkeep of office equipment incurred throughout the year. Kindly refer to <U4300f> for further breakdown.

Note 29 GST not claimable

Mainly related to the GST that is not claimable such as the GST charged on entertainment. As amount is immaterial, no further workdone was carried out.

Note 30 Staff Cost

RM
Staff bonus and ang pow 55,990 Note 30.1
Staff EPF 57,230 Kindly refer to <U4500f> for EPF Reasonable Test
Staff SOCSO 7,683
Staff medical fees 60 m
Staff refreshment 3,318 m
Staff salaries, overtime and allowances 499,522 Kindly refer to <U4500f> for details
Staff welfare 60 m
623,863

Note 30.1
These represented the provision of bonus provided for YE2015.
BONUS
Aye Win Naing 1,100
Goh Choon Khim 4,500
Hong Kok Loon 2,000 PT5777
Leong Kah Soon 500
Lui Kim Seng 1,500
Soh Kok Hwa 4,000
Adawiyah Binti Fauzi 1,700
Aung Ko 1,100
Goh Hun Long 3,000
Hong Choon Hing 15,000 Nilai 161
Kuan Yoon Fei 2,100
Tan Kek Kheng 2,000
Tin Nyine 2,300
Yeoh Poh Khiang 3,500
44,300
Angpao
These represent the angpao gave to staff.
Cash-CNY Angpao for 8 staffs 80
Cash-Sunil Kumar 500
Adawiyah Binti Fauzi 300
Cash Angpao- Ang Hun Long Wedding Angpao 300
1,180
Note 31 Staff wages

Breakdown
Nilai 161 PT5777 Putra Nilai TOTAL (RM)
A Meo 839 - - 839
Cheah Chern Hui 585 - - 585
Aung Ko 15,938 - - 15,938
Ko Zay 1,170 - - 1,170

531139653.xlsx Page 22 of 29
e / FOR INTERNAL USE ONLY 07/08/202101:56:24
 Phoong Sin Yoon 12,000 - - 12,000
Sunil Kumar 3,300 - - 3,300
Soe Soe 1,300 - - 1,300
Tin Nyine 22,601 - - 22,601
Alan Wong - 400 - 400
Hong Tai Guan - 538 - 538
Mohd Hafiza - 173 - 173
Said - 486 - 486
DG Inasahira - 478 - 478
Iskandar - 376 - 376
M. Aizat - 104 - 104
Ferroz - 475 - 475
Ina - 459 - 459
Kyi Naing - 2,525 - 2,525
Lue Wang Hui - 154 - 154
Siow Ten Yoong - 154 - 154
Lim Kang Neo - 4,891 - 4,891
Naing Bu - 1,112 4,569 5,681
Siow Wei Loon - 2,684 - 2,684
Wong Hong Leong - 4,494 - 4,494
Chan Pei Yew - 444 - 444
Si Kwe - 2,655 - 2,655
Hong Joo Jiet - 2,341 - 2,341
Aung Kaday Kyaw - 646 - 646
Aung Aung Naing - 1,143 - 1,143
Aung Win Naing - 13,626 - 13,626
Phyo Maung Maung Tun - 8,738 3,672 12,410
57,735 49,096 8,241 115,071

Step 6 : Conclusion

Based on the workdone, the balances are reasonably stated.

Step 7 : Tickmarks

TB1 Agreed to trial balance (Nilai 3) as at 31/12/2015

TB2 Agreed to trial balance (PT5777) as at 31/12/2015
TB3 Agreed to trial balance (Putra Nilai) as at 31/12/2015
PY Agreed to audited figures as at 31/12/2014

531139653.xlsx Page 23 of 29
e / FOR INTERNAL USE ONLY 07/08/202101:56:24
J-Emotion (NS) Sdn Bhd
EPF Reasonable Test
For the year ended 31 December 2015

Putra Nilai
A B C=A-B D
Salaries EPF contribution (Yer's portion)
Non EPF
No Staff Name Total (RM) Total(RM) (RM)
distribution Portion

1 Goh Hun Long 34,879 (13,268) 21,611 2,875

-
2 Hong Choon Hing 15,000 (15,000) - -
-
Mohd AL Firdaus Bin
3 1,175 (500) 675 97
Abdullah
-
4 Ong Fu Long 4,695 (2,200) 2,495 334
-
5 Siow Ten Yoong 5,228 (1,844) 3,383 440
-
6 Wong Hong Leong 15,745 (6,931) 8,815 1,171
-
7 Wong Kah Chun 1,777 (1,777) - -
-
78,498 4,917

Nilai 161
Salaries EPF contribution (Yer's portion)
Non EPF
No Staff Name Total Total (RM)
distribution Portion

1 Adawiyah Binti Fauzi 20,899 (8,430) 12,469 1,631

-
2 Goh Hun Long 4,442 (1,894) 2,548 344
-
3 Hong Choon Hing 43,284 (12,000) 31,284 4,680
-
4 Kuan Yoon Fei 24,145 (10,274) 13,872 1,820
-
5 Lee Kah Hau 8,454 (2,504) 5,950 782
-
6 Ng Siew Foong 8,146 (2,438) 5,708 754
-
7 Ong Fu Long 7,632 (3,818) 3,813 406
-
8 Siow Wen Wui 33,996 (7,154) 26,842 3,561
-
9 Siow Wai Chin 17,167 (1,038) 16,129 2,146
-
10 Tan Kek Kheng 26,003 (10,392) 15,611 1,899
-
11 Yeoh Poh Khiang 40,159 (16,696) 23,463 3,103

234,329 21,126
PT 5777

Salaries EPF contribution (Yer's portion)

Non EPF
No Staff Name Total (RM) Total(RM) (RM)
distribution Portion

1 Goh Choon Khim 54,544.24 (24,015.39) 30,528.85 3,975.00

2 Hong Zu En 32,400.00 (32,400.00) - -

3 Hong Tai Guan 18,000.00 - 18,000.00 2,340.00

4 Hong Kok Loon 23,518.02 (11,100.01) 12,418.01 1,674.00

5 Lui Kim Seng 15,337.11 (6,366.92) 8,970.19 1,202.00

6 Lim Wet Chong 14,044.90 (5,394.24) 8,650.66 1,129.00

7 Lam Hon Kiat 9,131.39 - 9,131.39 1,296.00

8 Leong Kah Soon 10,494.56 (3,836.05) 6,658.51 816.00

9 Soh Kok Hwa 43,579.49 (18,217.81) 25,361.68 3,231.00

10 Toh Khiam Sen 2,859.77 (1,323.08) 1,536.69 209.00

11 Wong Jian Kiat 16,729.08 (650.00) 16,079.08 2,116.00

12 Wong Zhou Yuan 4,573.53 - 4,573.53 607.00

245,212.09
Sundry Wages
Lim Kang Neo 645.00

Siow Wei Loon 104.00

Chan Pei Yew 63.00

Wong Hong Leong 325.00

19,732.00
 =D/C x 100%
F contribution (Yer's portion)

(%) Reasonable ?

13% Yes

0% Yes

14% Yes

13% Yes

13% Yes

13% Yes

Yes

F contribution (Yer's portion)

(%) Reasonable ?

13% Yes

13% Yes

15% Yes

13% Yes

13% Yes

13% Yes

11% Yes

13% Yes

13% Yes

12% Yes

13% Yes
F contribution (Yer's portion)

(%) Reasonable ?

13% Yes

0%

13% Yes

13% Yes

13% Yes

13% Yes

14% Yes

12% Yes

13% Yes

14% Yes

13% Yes

13% Yes
 Remark

Remark

** Partial of the the salary were recognised as petrol and toll expenses instead of salary expenses.

**No EPF contribution for April 2015 (Employer + Employee portion)

** No EPF contribution for July'2015 (Employer + Employee portion)

Remark