ACCT430 – Internship Accounting – Final Report

Kindly write a final report using your own words

need 3000 words

website of Zension Technologies Inc. company I did my internship in

https://www.zensiontec.me/

Internship Student Report | Month 9?
Start Date: _03_/_09_/_2023
End Date: _28_/_11_/2023_
(Report Components)
Task(s)
What are the activities and tasks given to you during this
month?
1. Reconciliation of all types of petty cash (Recording petty
cash in Excel, Matching and confirming the amount).
2. Records fixed Assets in journal entries.
3. Working with cloud systems (Zoho) & Excel.
4. Closing journal entries for August.
What skills did you learn through the month?
New skill(s)
Learning a new cloud system.
How many meetings did you attend?
Meeting(s)
None.
What are the difficulties you had this month?
Till now I haven’t faced any difficulties during this month
due to my experience in work and with MIS Office. Also, my
knowing of the technical field.
Difficulty/ Challenge(s)
How did you overcome these difficulties?
There is no words that can describe how I overcame the
difficulties, due to there wasn’t any difficulty till now.
What did you learn from completing the tasks
I learned about the VAT and how to find it.
Learning
What did you want to learn more?
I want to learn about taxes and financial reports.
Internship Student Report | Month 10?
(Report Components)
Task(s)
What are the activities and tasks given to you during this
month?
1. Closing journal entries for September by using (Zoho)
cloud system.
2. Working in a project to enhance and improve
accounting department.
3. Working on financial report project, the deadline for
this project it will in the week 13.
4. Making reports and how to improve it to be a formal
report
What skills did you learn through the month?
• I learned how to come up with solutions rather than
focusing on punishment when a mistake happened at
New skill(s)
work.
•
Writing a formal statistical report.
How many meetings did you attend?
This month, I attended a meeting that would develop the
CRM application which developed by the company in the
Meeting(s)
past two years and how to improve it by adding codes related
to the accounting and finance departments to develop the
company’s business.
What are the difficulties you had this month?
The most difficulties that I face this year is not related to my
training, it was related to all my career, social and personal
Difficulty/ Challenge(s)
life was finding the balance to not loosing my mind through
working, training, studying, and raising my toddlers alone.
How did you overcome these difficulties?
On a daily basis, I am setting times for every task I have.
What did you learn from completing the tasks
I learned how to prepare myself when I am facing an
overload in work, and how to contribute in work to build a
good relationship with colleagues for better work
Learning
environment.
What did you want to learn more?
I would like to know what skills, knowledge, and experience
are necessary to become an expert financial advisor in the
future.
Internship Student Report | Month 11?
(Report Components)
Task(s)
New skill(s)
What are the activities and tasks given to you during this
month?
1. Review and confirm the invoices (Petty Cash) of two
months (September & October).
2. Analyze the types of costs (Approval for repair or
replacement).
3. Record inventory received.
4. Finalizing financial analysis report project
(comparing between two companies Alrajhi Reit and
Alkhabeer reit).
What skills did you learn through the month?
1. I learned how to raise my level of self-awareness
skill, and self-learning skill.
2. Data analysis skill by using pivot table tool.
How many meetings did you attend?
Meeting(s)
None.
What are the difficulties you had this month?
Facing pressure to fill in for a coworker’s place.
Difficulty/ Challenge(s)
The biggest difficulties that I faced during this month were
making a financial report of two companies and giving my
opinion on which company is the best to invest in.
How did you overcome these difficulties?
One of the greatest obstacles I’ve overcome was taking a step
back and thinking/planning when I am in a difficult situation.
Learning
What did you learn from completing the tasks?
I learned how to prioritize the tasks that I do on a daily basis
with other urgent tasks that are given to me. Moreover, by
using Excel I learned some formulas that can help me finish
tasks in a short time, and how to use pivot table tool to make
reports.
What did you want to learn more?
I would like to learn which certificates I need to have to
become a financial advisor.
Requirements:
Chapter 1: Description of the company
This section should answer the following questions:
What is the full title of the company/institution?
Give a brief history of the company, full mailing address and relevant weblinks
What is the type of ownership of the company/institution?
State the main shareholders and their shares.
What is the sector that the company/institution operates in?
Specify the products and services produced and offered to its customers/clients.
Who are regarded as the customers/clients of your internship company (consider the end users,
retailers, other manufacturers, employees,etc.)?
Provide an organization chart of the company, along with information on the number of employees.
Provide a list of functions performed by different departments/divisions in the internship organization.
Provide an overview off the production system or service procedure (what are the resources, inputs,
outcomes, andconstraints?)
Provide a process chart of a major product and/or service.
The following questions can be classified as your major fit (Finance, Accounting, Ecommerce and
Management).
• What kind accounting/finance/IT//quality/marketing standards and principles are used in the
organization?
• Discuss telecommunication technologies (Database, Instant Messenger, Networking, Ecommerce tools)
used in the company.
• Describe the quality planning and control activities in the internship organization.
• Describe the quality control activities throughout the life cycle of the product/service groups
• What kind of financial analysis and decision-making methods are used by corporate treasurers and
financial managers in the internship organization?
• What types of marketing, selling, and human resources analysis are performed (cost system,
evaluation of consumers, needs, product strategy, distribution strategy, promotional strategy)?
Chapter 2: Internship activities
This is the main body of your report. During the internship period, the focus of the training may on the
following types of analysis and questions. You do not have to answer all the questions in the list: •
Describe your working conditions and functions, such as: Who is your supervisor (include his/her name
and his/her position); other team members or co-workers and what their functions are to complement
yours.
• Provide a detailed description about the department(s) that the trainee did her/his training with them.
Adding all sub-divisions for this department(s) if it is available. Student can add to this description a
supported chart.
• Detailed descriptions about all tasks and activities that the trainee did them during her/his training
period.
• Gained skills and how they added value to your work
• Other tasks that are not related to the trainee’s major that done by her/him at the company should be
included in this chapter as well.
• What types of incentives did you get as a trainee to be more proactive and productive?
• Describe what kind of working documents and analysis you did there and what experiences you have
gained throughout yourtraining. Provide examples of your work.
• A comparison between theory (things you have learned in the classroom) and practice (things you did
or observed at the company) must be made and highlighted. In this section the student can add a
supported table includes which academic course (s) (course title and code) helped to perform training
tasks. For example, two columns; the first one shows the course name and second column shows the
tasks performed and related to this course.
• Show some work samples that you have encountered/conducted at the company through graphs,
pictures, data, drawings, or design calculations and include them in your report.
• Lessons learnt (what the overall benefits gained from the training program)
Chapter 3: ‘
]
• Advantageous that helped the student in completing the training program.
• Disadvantageous and challenges that faced the student and how he/she did overcome them.
• Recommendations to improve training program in the college.
• Recommendation for the training company. Conclusion Sum up and summary of the training
experience. Reference If it is needed Appendix (option) This will help the instructor to have a background
about the trainee and his/her previous experiences. Also, it helps the students in writing their CVs for
future job application especially for fresh graduates who do not have previous practical experiences.
• Basic information (name, city, contact details…etc.).
• Job objectives.
• Academic qualifications.
• Practical experiences.
• Skills this will help the instructor to have a background about the trainee and his/her previous
experiences