Conclusion for accounting internship report


  • Internship Report Conclusion Writing Explained: How to Conclude an Internship Report?
  • How to Write an Internship Report With Examples
  • Hospital Internship Report
  • Internship Report in Accounting and Finance Department
  • CHAPTER FOUR: CONCLUSION AND RECOMMENDATION
  • Internship Report Conclusion Writing Explained: How to Conclude an Internship Report?

    All types of sample acknowledgement for internship report are given here for student so, that they can collect from here if necessary. Therefore, advice you find on the web for one program point the reader towards the conclusions of the report, which might in this case be your evaluation of the experience. Thus, an internship report is the conclusion of the internship that summarizes all the personal, firm related experiences that help the person reading the maybe you learned something important.

    Recommended format to be followed states the most important information in the report the purposes, method, reason for the report the findings, conclusions, decisions, recommendations all major generalizations or assumptions of the report for.

    In addition, describe the key learning from your internship both personal and give examples of what you would do differently. Make specific suggestions for actions to solve the report problem. States briefly the major inferences that can be drawn from the discussion content: Examples of recommendation letters written for a student applying for an internship, what to include, and how to write and send an internship recommendation.

    I can conclude that there have been a lot i've learnt from my work at cemosis. I gained knowledge onhow to enter and analyze data using different accounting and statistical packages in financesolution, excel and access. Recommendations, skill acquired by student and appendix which consists. Ideas and information should be laid out in a logical manner, so it is suggested to divide all information gathered and group them into categories.

    On the flip side, concluding the internship report can be a little tricky. Here is how you can achieve. Writing a reference letter for a former intern? Internship final report sample, chapters include introduction, swot analysis, recommendation, conclusion, final year project proposal sample.

    Explain your connection to the person you are recommending, including how you know them, and for how long. For each concluding point, a recommendation is given. If you work in supervisory role in a company, chances are you might find yourself writing a letter of recommendation for an intern. Accounting student internship report chio lim stone forest clsf was founded in and it started from textile centre in jalan sultan to the present wilkie.

    Check out this sample of a great recommendation and get tips on crafting your own. The recommendations are given in the same order as the conclusions and are numbered when writing recommendations: In addition, describe the key learning from your internship both personal and give examples of what you would do differently.

    Conclusion and recommendation. How your report is marked. For acceptance of any student in an institution for an internship, a recommendation letter with a referee is a necessity. The recommendation letter for internship is a written character reference, usually written by a past teacher or employer, that is i understand that summer interns are responsible for researching novel topics with limited supervision or support.

    Examples of recommendation letters written for a student applying for an internship, what to include, and how to write and send an internship recommendation.

    Inform the pursuer regarding it and make proposals and recommendations about how you can utilize what. Recommendations are required in your internship report. Planning to visit head quarter of ptcl for the main part of the internship. An internship report is a document that summarises your internship experience with a company and any ongoing considerations you might wish to the report will help them understand the benefits you received by interning with them and how they can improve their program for future interns.

    The style of abstracts is. In this internship final report sample, we are showing you the full report, with a background of the study, objectives of the study, limitations of the.

    Summarize your internship goals, activities, and accomplishments. Uganda sugar factory viii executive summary this internship report contains four chapters in the following order: Not only did i gain practical. To round things off, give each section a heading to make it easier for the reader to find specific ideas in your report and you are good to go. Chapter four recommendations and conclusions introduction this section elaborates the recommendation to the organization and the university, and the conclusion of the entire internship report.

    Practical training report by nicolai sidek views. Uganda sugar factory viii executive summary this internship report contains four chapters in the following order: Recommendations are required in your internship report. Unit 12 the human muscular and skeletal. Posted on aug 25, pm. Uganda sugar factory viii executive summary this internship report contains four chapters in the following order: recommendation for internship report.

    Source: 0. Enable the institution to evaluate the character of the student, capability of the recommended person to carry specific tasks in the. The recommendations are given in the same order as the conclusions and are numbered when writing recommendations: Among the core reasons are as follows; I can conclude that there have been a lot i've learnt from my work at cemosis.

    Source: images. Summer internship project report by manish singh views. Not only did i gain practical. Source: image.

    States briefly the major inferences that can be drawn from the discussion content: How your report is marked. As with all kinds of conclusions, you are not supposed to add anything out of the blue to the conclusion section, yet, you need to be talking about something worthwhile and not sound repetitive.

    Source: cdn. In my course, students were regularly tasked with tackling. Must be based on information presented in the discussion each conclusion should be presented as a separate paragraph, with. Uganda sugar factory viii executive summary this internship report contains four chapters in the following order: In addition, describe the key learning from your internship both personal and give examples of what you would do differently.

    Source: img. Ask your company supervisor for input on this aspect of the report. There is some essential part of internship report they are transmittal letter, acknowledgment, prefetch, executive summary, declaration, and the main body. Source: i. Source: conclusion-for-internship-report-example.

    Source: imgvf. Source: qyh. Source: i1. Source: www. Source: open. Source: slideplayer.

    How to Write an Internship Report With Examples

    Pssst… we can write an original essay just for you. Any subject. Any type of essay. It has expertise in fuel and lubricants industry. Being in the business since last ten years and having worked for market leaders like Shell and Chevron, AMAC has ample experience in this field. Then resigned from Agent-ship to acquire Distribution ship of Chevron Pakistan Lubricants in late , and now working as Authorized Industrial Distributor. This department is merely responsible to keep a check on the operations happening inside and outside the AMAC House mainly at the Terminals in all over karachi.

    This department is responsible for the accounting for product purchases, hospitality, and costing and product profitability analysis, in addition to that it also accounts the transshipments and sales that are made through tank Lorries, rails and pipelines to different depots in the country.

    This department also manages audit and recovery of PDC from the government of Pakistan, and conducts financial analysis of new business opportunities that arose in the country. Another major function of this department is to set the prices of fuel on monthly, fortnightly and in some conditions on need basis as well. Whole department is subdivided into 3 subdivisions, Purchasing, Inventory and Pricing.

    In purchasing we have Hospitality income as well. The inter-department structure is as follows: Pricing Section Pricing includes costing of both regulated and deregulated products.

    Deregulated products are those products whose prices are determined by Oil Marketing Company itself such as Lubricants with concerned with marketing department with an eagle eye on their competitor. Inventory Accounting is another function of finance department which involves day to day accounting of their inventory because AMAC has immense storage capacity therefore inventory accounting plays important role in decision making.

    It also provides check in balance on those responsible for operational activities relating to inventory. Purchasing is also very important part of this department which involves ordering inventory at appropriate level which does not give rise to unnecessary holding cost and availing discounts by negotiations.

    It also involves accounting of Goods and Services Tax which is imposed by Government of Pakistan on purchase of products. Purchasing Section Purchasing section basically estimates the demand of the oil in the Pakistani market and place order to refineries. They purchase the petroleum products from local and international markets. Some of the below mentioned points were found similar in the agreements.

    Effective date and period: In effective Date and Period, starting and expiry date of the agreement is mentioned. Product specifications: Quality and quantity of a specific product is mentioned by the AMAC, the specified product has to be received as per the agreement. In case the quality does not meet the requirement so an independent surveyor checks the quality of the product and then report. Force Majeure: The delivery is to done on time which is mentioned by AMAC in the contract in case any force majeure strike, natural disasters etc.

    Hospitality Income This section deals with the hospitality income from the tanks storing of fuels for other OMCs by charging rent on them so it has kind of a secondary functions such as management and accounting of Hospitality income.

    As AMAC believes in welfare of whole society therefore it also allows small Oil Marketing Companies which do not have much storage capacity, to use their storage tanks for which AMAC charges them rent to cover the maintenance and opportunity cost. This income is then accounted as other incomes in profit and loss statement. After seeing the reports generated by the department then Dept. GM decides which areas need improvement and how it can smooth financial operations of the business after discussing with General Manager Finance.

    Treasury Management Finance Department regularly checks for cash available in the bank to payout the expenses such as gas, electricity, wages, salaries and maintenance. Askari bank handles the account for AMAC head office. If the balance is low then further funds are injected into the bank to run day to day operations. Inventory Accounting involves day to day accounting of their inventory because AMAC has immense storage capacity therefore inventory accounting plays important role in decision making.

    In the end Comparative Analysis of TSLR of same month with comparison of previous year is made in the form of reports. Corporate Development Common tasks that fall to this function include sourcing and diversification into lucrative businesses, deals, raising debt and equity financing, best suitable location from which company can take benefits, making capital structure decisions and providing insight into high level strategic decisions such as entering a new market.

    Different employees work on different assignments with just one major objective, which is the transparency of all operations. The first week was mostly aimed at me observing different departments and how departments coordinate with each other. At the end of the 1st week I was able to think that how all the departments of the company work together and there is a chain of command that goes from Person A to Person B and so on.

    At the end of every month, the two entries are compared, this is known as the reconciliation. The values of both the records are matched, and if there is some difference, then that can be tried to justified, in terms of some physical or computer error.

    Otherwise the difference, is questioned, and has to be justified. I was able to reconcile of two months August and September Analysis of the justifications from the operations department: In case of some abnormal behavior of the performance of certain specific terminal, Finance department questions the operations department about the abnormal behavior in writing.

    The operations department is bound to answer those justification based on certain facts and figures. After receiving those justifications, they need to be verified. If the answers are justifiable then the questions are removed, others are then questioned in the CFT meeting of the month.

    My report was prepared after I had interviewed many supervisors and after researching the online journals and articles, and finally concluded that CNG has many positive points, one is the high amount of gas in the country, it is less harmful to the environment and the government support with it.

    It helped me get a practical insight on how departments work in such animmense organization. Finance being one of the most important department in the purchasing process of AMAC, Private limited, gave me a lot of experience. Other simple functions of MS Excel like making tables, merging cells etc. When I took this course, my teacher helped me in gaining my confidence to speak more fluently. Financial Management: This course really helped me in understanding of financial statements. One of the major issue that was constantly being discussed with the interns for a unique solution was of the Circular debt, that AMAC is facing.

    I studied the concept of circular debt in Financial Management, which refers to as the debt prevailing among different companies. Each company is liable to pay to the other company, and is dependent on the other company to pay. Pakistan Economic Policy: Pakistan Economic Policy was another important course that I studied and realized its importance while serving as an intern in the finance department. While being briefed about the purchasing section, I found out that the order for the delivery of petrochemicals is placed at least 15 days before.

    Keeping in mind the economic conditions of the country, the estimated requirement of the country is calculated and the order is made. As per the confidential information provided, if in case of war, Pakistan can survive without oil supply for the next 21 days.

    Hence the requirement is calculated to keep the country running for the next 21 days without any oil supply. So I personally interviewed quite a few senior employees to complete my research.

    The research interview skills that I learned in the Methods in Business Research course were really helpful, and my research was supported by many of the senior employees in the finance department of AMAC, Private limited. It opened up my mind how to work efficiently in a systematic way. My internship was filled with responsibilities and I did them carefully and timely but this would not be possible without the help of supervisors and some employees who showed me how the work is done.

    Moreover, I was able to apply the theoretical knowledge I learnt from IOBM into the projects and I realized how useful were all those core courses and electives and how they helped me in my entire tenure of internship at AMAC. I was able to perform all the tasks efficiently and was able to come in the good books of my supervisor and colleagues around.

    I learned in my electives in the practical world and I also learned that how you should get the work done through third party. Hence, I would like to conclude that internship at a Oil marketing Sector was the best experience I could have up till now. Recommendations My recommendations to AMAC are: Interns working at their specific departments should also be rotated or given work of other departments so that their knowledge and understanding could be enhanced. It is very hard for someone to find the location, plus the site office located at Soraab goth Super Highway causes numerous instances of theft, High Security is recommended.

    They should develop more new ways for increasing their exports. Too much burden on finance department, Alternative department to look after should be made or employees should be increased to mitigate the burden. Remember: This is just a sample from a fellow student.

    Your time is important.

    Hospital Internship Report

    The student got different ideas from the different people employees at the Organization and also through interacting with other interns from Makerere University and this contributed a lot on the knowledge and experience. Finally, internship was fun and therefore the student would encourage the Amnesty Commission to continue giving students this opportunity to do their academic requirement of internship from their organization. This technological advancement will enable the organization to change from manual to computerized methods of processing documents and proper record keeping.

    Therefore the intern recommends the Organization to put that in to action in order to motivate interns and boost their productivity levels in performing their tasks during the field attachment. The management of Amnesty Commission should also carry out job enlargement and enrichment such that it mitigate the conflict amongst employees for roles and tasks. This will ensure good industrial relations between the supervisors and subordinates at the organization.

    Some of the below mentioned points were found similar in the agreements. Effective date and period: In effective Date and Period, starting and expiry date of the agreement is mentioned. Product specifications: Quality and quantity of a specific product is mentioned by the AMAC, the specified product has to be received as per the agreement.

    Internship Report in Accounting and Finance Department

    In case the quality does not meet the requirement so an independent surveyor checks the quality of the product and then report.

    Force Majeure: The delivery is to done on time which is mentioned by AMAC in the contract in case any force majeure strike, natural disasters etc. Hospitality Income This section deals with the hospitality income from the tanks storing of fuels for other OMCs by charging rent on them so it has kind of a secondary functions such as management and accounting of Hospitality income. As AMAC believes in welfare of whole society therefore it also allows small Oil Marketing Companies which do not have much storage capacity, to use their storage tanks for which AMAC charges them rent to cover the maintenance and opportunity cost.

    This income is then accounted as other incomes in profit and loss statement. After seeing the reports generated by the department then Dept. GM decides which areas need improvement and how it can smooth financial operations of the business after discussing with General Manager Finance.

    Treasury Management Finance Department regularly checks for cash available in the bank to payout the expenses such as gas, electricity, wages, salaries and maintenance. Askari bank handles the account for AMAC head office. If the balance is low then further funds are injected into the bank to run day to day operations. Inventory Accounting involves day to day accounting of their inventory because AMAC has immense storage capacity therefore inventory accounting plays important role in decision making.

    In the end Comparative Analysis of TSLR of same month with comparison of previous year is made in the form of reports. Corporate Development Common tasks that fall to this function include sourcing and diversification into lucrative businesses, deals, raising debt and equity financing, best suitable location from which company can take benefits, making capital structure decisions and providing insight into high level strategic decisions such as entering a new market.

    Different employees work on different assignments with just one major objective, which is the transparency of all operations. The first week was mostly aimed at me observing different departments and how departments coordinate with each other.

    At the end of the 1st week I was able to think that how all the departments of the company work together and there is a chain of command that goes from Person A to Person B and so on. At the end of every month, the two entries are compared, this is known as the reconciliation. The values of both the records are matched, and if there is some difference, then that can be tried to justified, in terms of some physical or computer error. Otherwise the difference, is questioned, and has to be justified.

    I was able to reconcile of two months August and September Analysis of the justifications from the operations department: In case of some abnormal behavior of the performance of certain specific terminal, Finance department questions the operations department about the abnormal behavior in writing.

    CHAPTER FOUR: CONCLUSION AND RECOMMENDATION

    The operations department is bound to answer those justification based on certain facts and figures. After receiving those justifications, they need to be verified. If the answers are justifiable then the questions are removed, others are then questioned in the CFT meeting of the month. My report was prepared after I had interviewed many supervisors and after researching the online journals and articles, and finally concluded that CNG has many positive points, one is the high amount of gas in the country, it is less harmful to the environment and the government support with it.

    It helped me get a practical insight on how departments work in such animmense organization. Finance being one of the most important department in the purchasing process of AMAC, Private limited, gave me a lot of experience. Other simple functions of MS Excel like making tables, merging cells etc. When I took this course, my teacher helped me in gaining my confidence to speak more fluently. Financial Management: This course really helped me in understanding of financial statements.

    One of the major issue that was constantly being discussed with the interns for a unique solution was of the Circular debt, that AMAC is facing. I studied the concept of circular debt in Financial Management, which refers to as the debt prevailing among different companies.

    Each company is liable to pay to the other company, and is dependent on the other company to pay. Pakistan Economic Policy: Pakistan Economic Policy was another important course that I studied and realized its importance while serving as an intern in the finance department.


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