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Internship Reflection Paper: The Best Guideline & Tips

Internship reflection paper

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An internship reflection paper is a written piece where an intern conveys their experiences, learnings, and observations from their internship period. It typically involves evaluating their skills, professional development and challenges faced. This task is assignmend to see how the experience aligns with intern's academic knowledge and future career goals. This reflective exercise is intended to promote introspection and personal growth.

In this article, we will take a closer look at how to write a reflection paper. Our paper writing service will also provide our readers with templates and examples to help them with their writing.

What Is an Internship Reflection Paper: Definition

Before we discuss what an internship reflection paper is, let's first define what a reflection paper is. While there are many ways and methods a professor can check if their students have learned something, a reflection paper is still one of the most effective ways to see if certain lessons are learned without spoon-feeding an idea to their students. An internship reflection paper is a type of reflection paper that focuses on a student's thoughts and analysis specific to an internship they've gone through. It also sheds light on how some student has adjusted and processed the difference between a classroom and a real job. Professors usually expect their students to write about some lessons they've picked up from working during their internships. They can relate it to their personal lifestyle. They want to check if there is anything that their students still should understand.

Internship Reflection Paper Outline: Main Rules for Writing

Any reflection paper has three main parts: an introduction, body, and conclusion. Internship reflection papers also follow this guideline. These three parts should support the main thesis statement of your paper. 

How to Start My Internship Reflection Paper

A lot of people find an introduction paragraph for internship reflection paper a bit tricky. Since this is the first part of your paper, you should say something that reflects the rest of your essay without. But don't give out too much. Sometimes, however, you can simply write details about an internship. You can even start a reflection paper with your expectations in an internship before proceeding to how it actually went down. There is one thing you should remember. An introduction is not the part where you should be writing your analysis. Save that for the body of your paper. An introduction can be a bit tricky to write, and sometimes, people often write them last. That is perfectly fine, as long as you know that you've written a good introduction. And that it seamlessly leads to the next paragraphs.

How to Create My Internship Reflection Essay Body Paragraphs

After setting an introduction as your paper's foundation, it's time to delve into some paper outline details. Each paragraph in your reflection paper should support a central idea followed by supporting statements. By following this rule, you're making it easier for readers to comprehend your thoughts. While a reflection paper is mostly about what you are thinking, remember to not stray off from the main idea of your entire paper. Instead, use each paragraph to reinforce an idea of your paper's main paragraph.

How to End My Internship Reflection Paper

Creating a conclusion is perhaps one of the most difficult parts of writing any reflection paper. You should tie everything up to create a thorough and comprehensive reflection paper. In this part, you can be a bit more creative compared to a very restricting introduction. Write most of your analysis in the body of your paper. Then, you can expound on some reflections at a conclusion. Sometimes, people simply conclude a paper with lessons they've learned. And how they will apply them to their jobs in the future.

How to Write an Internship Reflection Paper

While you can be good at your field, writing an internship reflection paper can still be a bit hard. Lucky for you, we've compiled 5 basic steps to help you with crafting an analysis and interpretation of your experience during your internship.

Step 1. Start With Internship in Your Introduction

For your introduction, give a concise but comprehensive detail about an internship. This gives your professor insight into how an internship worked for you. Thus, it sets a foundation for your succeeding paragraphs. Here are a few questions you can answer in your introduction.

  • What is your internship all about?
  • What is the company you worked for?
  • What are the common tasks that are assigned to you?

Step 2. Describe Your Goals in the Internship Reflection Paper Questions

Remember that during your internship, you're not just another person doing a job. You are there to learn about how everything works in real life. All the things you've learned in the classroom should be put to test. Answer some questions that will help better understand your goals:

  • What is your overall goal in life and how is it connected with your internship?
  • What is your primary goal during the internship?
  • Have you achieved your goal? Why or why not?
  • Are there factors that contributed to achieving your goals?

Step 3. Reflect on How Your Internship Has Contributed to the Company

Aside from your internal reflection about how your internship might have helped you, you should also think about how you've contributed to a company. Whether it's a paid internship or not, you should remember that you are part of the team. There are certain expectations that come with it.

  • What was expected of you?
  • Have you accomplished the tasks given to you?
  • Have you done anything that impressed your superiors?

Step 4. Conclude Your Internship Reflection

To finish your reflection paper, you should remember to conclude with an overall analysis of how an internship has affected both you and a company. You can also add other details that don't necessarily fit in the previous paragraphs. Such as your plans after an internship. Some companies offer their interns a job after they graduate. They do so if they have impressive work ethics and made an impact in the company. These questions may help you writing a conclusion:

  • What is your main takeaway from this experience?
  • Are you looking forward to anything after your internship?
  • How are you going to use the things you've learned in the future?

Step 5. Proofread Your Internship Experience Paper

Of course, the final step is to make sure that there is no mistake in your paper. As a responsible student, you should never submit the first draft of what you've written. Even if you've written a comprehensive reflection paper, it will do you no good if it has a lot of grammar errors. Have you ever wondered who could do my homework for me ?

Standard Internship Reflection Paper Template

Here is a quick example of what an internship reflection paper looks like. Remember that you can edit contents and insert your own anecdotes about your internship that you think have helped you achieve your goals of being ready for a real job.

Example of internship reflection paper

Internship Reflection Paper Example

Here is another example of an internship reflection paper that can help you get an idea of what you can write in your own paper. This is an example of a reflection paper written by a computer programmer who applied for an internship.

Example of a reflection paper written by a computer programmer who applied for an internship

Intern Essay: Bottom Line

There might be a lot of technicalities when writing a good reflection paper. Remember that in the end, it should still be all about your experience during an internship. You don't have to necessarily overcomplicate things. Just be true to what you've been through and you can start a great internship reflection paper. If you wonder, who can do my assignment , then go no further, we can help!

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Now you know how to write an internship reflection paper. But if you face any challenges handling it, feel free to send our experts requirements and details. Our professional essay writers will help you deal with your work. They will write a quality reflection paper in time.

Frequently Asked Questions About Internship Reflection Paper

1. what is the difference between an internship reflection paper and a critical reflection paper.

When people hear "reflection paper," they are most likely thinking about critical reflection paper. This is a type of essay wherein someone analyzes something. While giving thoughts about how their personal thoughts are in the process. In a way, an internship reflection paper is very similar to a critical reflection paper aside from a major difference: an internship reflection paper directly analyzes your personal experience in an internship work.

2. How long should an internship reflection paper be?

Since an internship reflection paper is most commonly handed out as an additional task or project to increase your grades, it's important that you know all task requirements. If your professor failed to mention any word or page count, you can always reach out and ask. If, however, your professor gives you freedom to write as many words as you can, an internship reflection paper generally has around 750 words. Of course, you can exceed this word limit, but do not go overboard. Especially if your professor has a lot of reflection papers they should grade. 

3. What format for internship reflection paper can be?

Depending on your professor's requirements, you can write in MLA, APA, or Chicago style paper format. These are three most common formats but there are also other formats that your professor might suggest. The formats are a little different for each page, depending on what style you are using. However, you should focus more on the title page as they differ a lot. Typically, reflection papers do not need sources. So you don't have to overthink about a References page. However, if you should cite, make sure that you are using the right in-text citations and reference citations.

4. How do you start a school counseling internship reflection paper?

You can start your school counseling internship reflection paper with a general overview of your role. You can proceed with the name of your school where you completed an internship. State your purpose or goal for completing an internship. You can save the detailed explanation in the body of your reflection paper. Focus on the details in the beginning, so that professor will have enough information about your internship before proceeding to what you've learned.

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My internship experience: Thomas Delahunt, accounting intern

Ruairi Kavanagh

Last updated: 22 Jun 2023, 13:21

Thomas Delahunt of accounting firm JPA Brenson Lawlor. talks about what his internship has done for him in terms of career choices

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Degree subject DCU, BA in Global Business (France)) Job title Accounting Intern Employer Brenson Lawlor

As part of my degree programme, I have to complete a 4-month work placement in my second year. The placement is known as ‘INTRA’ (Integrated Training) and a requirement of this programme is that I find a job in an area that is relevant to my course. As I am studying Global Business, and as I was always interested in pursuing a career in the areas of accounting and finance, I became interested in this internship with Brenson Lawlor. The placement was advertised on the DCU INTRA portal page, which is how I applied for and ultimately got this internship. I believe a good internship is indispensable for your CV. Nowadays it goes without saying that employers seek out people who have relevant work experience for the job to which they’re applying. In my case, I think that having completed this internship with Brenson Lawlor, I have certainly become more acquainted with working in a professional environment, as I had never previously worked in an office. my daily role involves working on the job to which I have been assigned in any particular week. This could entail preparing accounts for a client or conducting an audit of a client, for example. Sometimes an audit senior would be assigned to the same job as me, whilst other times I would be working on the job on my own, in which case my co-workers would be happy to lend a hand if I was stuck on any particular task.

This job was a challenge for me right from the start, as I had no previous experience of this kind of work, and it was very different to what I had been used to in college (in terms of the accounting modules I had). The main thing I learned from is that, in the workplace, nothing is going to be handed to you on a silver platter and you have to work particularly hard when working in an area that you have no previous experience in.

One of the biggest challenges I have faced so far was going out on audit for a number of weeks. This involved going out to the client’s premises and auditing a number of entities within the company. This job was tough at first, having only done accounts prep until then, but I soon got the hang of what was required for an audit job, and I was glad to be able to experience that kind of work. I think internships are great for students who may not be 100% sure what area they wish to pursue a career in. For example, I always had an interest in accounting at school and in college, but I was not sure if a career in this profession would suit me or if I would enjoy it. Thus, I wanted to do my internship in an accounting practice. Moreover, as I have said, I believe internships are important for students who haven’t worked in a professional environment before. Prior to starting at Brenson Lawlor, I wasn’t sure what to expect in relation to what it’s like working in an office. However, now I am more acquainted with the ins and outs of office work, which will give me more confidence for going into a fulltime job after college.

After I graduate, I hope to slowly work my way up the hierarchy in whatever area of business I end up in, whether it be accounting or indeed elsewhere. It will obviously take me a couple of years before I fully find my feet but I feel that once I’m settled I will strive to climb the rungs of the corporate ladder. If I do end up going down the accounting route, I will have a number of professional exams to sit before I’m fully qualified. Having spoken to my colleagues in Brenson Lawlor I have some idea of what to expect in relation to these exams and I would be prepared for the commitment that is required in order to succeed.

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Accounting Internship Narrative Assignment, Essay Example

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Words: 454

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Greetings! My name is X XX and I am a recent graduate of Atlanta Technical College. The purpose of this narrative is to show you how eager I am to learn all the different aspect of the accounting field by means of joining the Coca-Cola accounting team.

My passion for number has grown steadily since I was just a little girl. Though there were numerous obstacles I had to face, it did not prevent me from discovering my great potential and love for accounting and finance. This internship will greatly assist me in embracing the accounting procedures and concepts, and, moreover, help me to enhance the knowledge I have received in college: the knowledge that is going to be a key to success in the actual working environment. Any experience that I might acquire during this accounting internship will give me a boost in my mission to become a CPA accounting and will be a building stone in my conquest to turn into an expert in the field. I am a fast learner and, needless to say, I will work hard and burn the midnight oil to enhance my skills and sharpen my abilities. My long-term objective is to advice people to make wise decision in the financial sphere and show them the right way to overcome financial problems.

Furthermore, taking part in this internship will provide me with a chance to improve my resume, showing that I am a well-rounded accounting specialist, who is capable of utilizing her resourcefulness and expertise in the accounting field. AACUC (African American Credit Union Coalition) has given me a remarkable in-sighted on what exactly is required to be a successful accountant. One of the major turning points, which call for prolonging and developing my accountant coursework, is the VITA (Volunteer Income Tax Assistance) program. In 2007, Atlanta Technical College foe the first time became a VITA Tax Site, and I was an actual pioneer in preparing and launching the program. In those few months I was able to manage several families who had certain financial difficulties to fill their taxes electronically. AACUA grant had tremendously helped my community.  Another experience that received from the program was learning how to write winning resumes.

There is sound evidence that letting me take part in this internship program would be mutually beneficial. The Coca-Cola Company Family Federal Credit Union has a well-known reputation for customer satisfaction, and I am absolutely sure that the combination of my experience, education, motivation, self-esteem, and confidence will turn me into a valuable asset of your financial department. There is no doubt that it would be worthwhile for us to meet. Should you have any questions, you may reach me via phone (404) 123-4567 or via email: [email protected] .

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Internship Essay: Example & Complete Writing Guide [2024]

Writing an internship essay is a challenging task that plenty of people have to endure. It is essential for gaining useful experience and learning the ins and outs of a given industry. You have probably heard about the “Why do you want this internship?” essay. However, it’s not the only question that you might have to answer.

Our specialists will write a custom essay specially for you!

There are two situations in which you might need internship paper examples and tips:

  • if you are applying for an internship program;
  • if you have already completed one.

In the first case, you will be asked what you expect from this internship. For this, you should write an application essay. In the second, an internship report or a reflection paper.

Our experts will present helpful tips for both cases. Find them and illustrative internship essay examples in the article.

✔️ If You Have Already Completed an Internship Program

Congratulations! This was an essential step towards your career. Now you have a chance to get the job of your dreams. However, right now, you have to write an essay on your internship and talk about yours.

Internship Report Points

Such an end-of-internship essay will include the following points:

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  • Place of your internship.
  • Responsibilities you had.
  • Difficulties you faced during your internship.
  • An overall impression of this experience.
  • Self-evaluation of your performance.
  • Appendix with deliverables you created during your internship.

Internship Report Sample

Check out this short internship essay example:

  • As a business administration student at the University of Collegetown, I participated in a three-month summer internship at Internet & More, an IT company based in Collegetown.
  • I was interning at the company’s marketing department, and I primarily interacted with the Internet & More’s content creation and social media marketing specialists.
  • The main task of my internship was to create a LinkedIn marketing strategy for the company, basing my recommendations on extensive market research and using LinkedIn as a promotional tool for both customers and potential employees.

This brief introduction achieves three goals:

  • establishes that this report is an internship experience essay;
  • it introduces the company and department where the internship took place;
  • it describes the intern’s primary task.

Internship Report: Your Impression

The essay continues like this:

  • Overall, the experience proved to be both enjoyable and rewarding. I found the marketing concepts and frameworks that I learned in class to be relevant and useful when working on my practical, real-world assignments.
  • I did, however, encounter some difficulties working on the task. Namely, as an undergraduate student , I was used to receiving very detailed, step-by-step instructions, whereas I was given more flexibility and autonomy during my internship.
  • Secondly, I needed to take some time to familiarize myself with the world of LinkedIn marketing because we never dealt with it in my university classes.

Internship Report Conclusion

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This part of the internship essay example accomplishes two things. It gives the writer’s overall impression of the internship and discusses its advantages and challenges.

  • During my internship, I was able to generate a 5,000-follower base for the company’s LinkedIn page, which allowed the Internet & More to expand their list of prospects significantly.
  • Moreover, the company was able to fill two vacant positions within a matter of two days, having received over 400 resumes from highly qualified applicants.
  • Thus, I was able to successfully achieve the goals set for me at the beginning of my internship. Attached, you can find the strategy development and implementation report I have created for the Internet & More.

This is the perfect internship essay conclusion!

The student provides a self-evaluation most appropriately: not merely saying that he did a great job, but by demonstrating and even quantifying how he contributed to its goals and development.

Equally crucial, the student offers an opportunity for the reader to examine his work.

Get an originally-written paper according to your instructions!

Not sure whether you can write such an impressive internship reflection essay? Our writers have mastered the art of internship report writing and will be happy to assist you.

🗺️ If You Are Trying to Get an Internship

If you are applying to an internship program, we also have to congratulate you!

You are on the right path to the career of your dreams. An internship will help you gain additional knowledge and skills , and you will also get to know a lot about your future job’s specifics.

But many students feel lost because they don’t know how to write an essay for an internship.

Internship Application: Main Purpose

Writing internship essays is very similar to writing any other application essay. Your primary purpose is to demonstrate your outstanding talents and prove that you deserve this opportunity. Besides, you should state, “Why do you want this internship”? in an essay.

Before you get down to work, find and look through some samples . You can also read our internship essay example below to learn some specific strategies.

Tips for a Succesful Internship Application

Here are more tips on how to write a successful internship essay:

  • You may start with a bit of information about yourself , but make sure it relates to the internship.
  • Talk about your previous education and experiences. What college did you attend? What was your major? What particular courses did you like the most?
  • Describe your future goals and explain how this internship will benefit you in your essay.
  • Finally, give reasons why you are the perfect candidate for this program. In this part of the internship essay, you can tell about your talents and positive characteristics.

Essentially, the two most critical questions you need to answer in your internship essay are “Why do you want this internship?” and “What do you hope to gain from this internship experience?”

Internship Application Sample

Let’s check out the internship essay example that helped our example student land his internship at Internet & More:

  • I am writing to you regarding the marketing internship opportunity at your company Internet & More. I learned of this opening from your company representatives who attended the job fair at the University of Collegetown.
  • I am a third-year student at the University of Collegetown, majoring in Business Administration with a specialization in Marketing and Digital Communications.
  • My professional interests include content creation and social media marketing and optimization, so this opportunity naturally attracted my attention. I believe that the knowledge I gained from my Marketing Strategy and Social Media Marketing classes will be particularly beneficial for this internship.

This is fantastic:

In a very concise and modest manner , this student explains his interest in the training. He confidently establishes why he makes a great candidate for this position.

What’s next?

Internship Application: Your Career Goals

  • My professional goal is to become a social media marketing specialist so I can help businesses grow their online presence. I believe that this internship is the perfect opportunity for me to apply my skills and knowledge to help a company achieve its strategic goals.
  • I am also particularly excited to immerse myself in the business world and work alongside leading industry experts.
  • My past qualifications and experiences make me a suitable candidate for this position, and I am looking forward to helping the Internet & More grow their LinkedIn presence and visibility.

Don’t you just want to hire this student right away?

He managed to combine professionalism and just the right amount of flattery in his internship application letter. He also did not forget to mention his career goals and objectives. You should say how this internship will benefit you in your essay.

Don’t you feel more confident about your application now that you know how to write an internship essay?

That’s it! Follow these tips, and who knows? Maybe your next internship will be with Google !

Good luck with your internship essay writing! Be sure to check out our blog for more writing wisdom and share the page with your peers.

Further reading:

  • How to Make a Resume: Secrets Your Employer Won’t Tell You
  • College Grad Job Market: 50+ Employment Statistics
  • Top Free Online Courses from the Best Universities
  • Tips for Public Speaking: Overcome Public Speaking Anxiety
  • The New York Times Guide to Article Writing and Useful Tips
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Thanks for the help, the tips are really helpful.

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Glad to help, Lukie!

Thank you so much for the help and mostly samples… I just applied for my first Internship, and I’m having high hopes ,,, thank you once again.

We are happy to hear that! Thank you for your feedback!

These tips are helpful to make an essay. Thank you for helping to write an essay!

Glad the article was helpful for you, Fazal.

These tips are really good and educative. Thanks!

Julia Reed

Thanks for the feedback, Myke!

Thanks for the help. Really appreciate.

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Accounting Internship Report: Finance Department

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Words: 2416 |

13 min read

Published: Apr 30, 2020

Words: 2416 | Pages: 5 | 13 min read

Table of contents

Company’s overview, internship assignments, theories/concepts learned, conclusion for internship report in accounting, recommendations, works cited, functions of finance department, pricing section, purchasing section.

  • Subject Matter: Refineries have to deliver their products which are in the schedule and AMAC has to buy the products.
  • 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.
  • Delivery: There are 3 modes of delivery: Tank lorries, Tank Wagons, Pipelines.
  • Sampling and Testing: Test is done in the refinery’s laboratory, under AMAC representative and certificate is provided to AMAC before loading, that certificate is known as Certificate of Quality (COQ). In case the quality does not meet the requirement so an independent surveyor checks the quality of the product and then report.
  • Pricing: Pricing is set by the Oil and Gas Regulatory Authority (OGRA).
  • 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. ) occurs the delivery can be delayed but AMAC has to accept the petroleum product which is delivered by refineries.
  • Arbitration: Any case any dispute occurs between both parties so (1+1) arbiters are hired by AMAC and other refineries to resolve the dispute among both parties.

Inventory Section

  • Monitoring and accounting of Tank Stock Loss Report (TSLR) which happens due to the Working Procedures, Temperature, Density, Inter Tank Transfer (ITT) of the oil stock.
  • Then the Reconciliation Statement of the TSLR is made between the Physical and SAP stock.

Corporate Development

Introduction/functions of different departments, reconciliation of accounts, analysis of tslr, analysis of the justifications from the operations department, research report on the impact of cng products on petrochemical products, computer concepts & applications, business & professional speech, financial management, pakistan economic policy, methods in business research.

  • 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.
  • They should increase their transport facility upto 20 to 30% as the demand is huge.
  • 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.
  • Malik, A., & Khalid, M. (2016). Financial performance analysis of Pakistani oil marketing companies: A comparative study. International Journal of Economics, Commerce and Management, 4(7), 1-10.
  • Rabbani, F., Nasir, H. A., & Asad, M. A. (2017). Analysis of inventory management practices: A study of Pakistani oil marketing companies. International Journal of Management, Accounting and Economics, 4(5), 289-305.
  • Saleem, A., Ahmed, A., & Safdar, M. K. (2017). The impact of financial performance on dividend payout policy: A case of Pakistani oil marketing companies. International Journal of Economics, Commerce and Management, 5(5), 1-12.
  • Jaffry, S. M. (2017). Impact of macroeconomic variables on stock prices of oil and gas sector in Pakistan. Journal of Finance and Accounting, 5(5), 189-198.
  • Ali, F., & Ali, F. (2016). A critical review of accounting practices in Pakistani oil and gas companies. Journal of Finance and Accounting, 4(2), 64-73.
  • Yasin, S. M., Ali, S. S., & Hussain, A. (2018). Exploring the relationship between employee motivation and job satisfaction: A case study of Pakistani oil marketing companies. Journal of Human Resource Management , 6(3), 75-85.
  • Tariq, N., Aziz, N., & Hussain, M. (2017). The impact of corporate social responsibility on firm performance: A study of oil and gas sector in Pakistan. International Journal of Business and Management, 12(4), 88-99.
  • The Oil & Gas Year Pakistan 2019. (2019). The Business Year, 14-21.
  • Pakistan State Oil. (2022). About PSO. Retrieved from https://www.psopk.com/about-pso
  • Oil & Gas Regulatory Authority. (2022). About OGRA. Retrieved from https://www.ogra.org.pk/About_OGRA.html

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accounting internship essay

Accounting Intern interview questions and answers

Accounting Intern Interview Questions and Answers

Published on June 9th, 2023

Introduction

Welcome to our comprehensive guide on accounting intern interview questions. If you are a recruiter looking to hire accounting interns or a candidate preparing for an accounting internship interview, this section will provide you with valuable insights. We have curated a list of commonly asked accounting internship interview questions to help recruiters assess candidates' skills, knowledge, and suitability for the role. For candidates, these questions serve as a valuable resource to prepare and showcase their capabilities during the interview process. Let's explore the key interview questions for accounting interns and gain valuable tips for both recruiters and candidates.

For Recruiters: As a recruiter, hiring the right accounting intern is crucial for the success of your organization. When conducting interviews, it is essential to keep in mind the following points:

Focus on Relevant Skills: Assess the candidate's understanding of fundamental accounting principles, proficiency in accounting software, ability to analyze financial data, and familiarity with spreadsheet applications.

Evaluate Adaptability: Accounting interns often need to learn and adapt to new processes and technologies. Assess the candidate's ability to quickly grasp new concepts and willingness to learn.

Look for Communication Skills: Effective communication is vital in an accounting role. Evaluate the candidate's ability to articulate ideas clearly, ask relevant questions, and work collaboratively with team members.

Assess Problem-Solving Abilities: Accounting interns encounter various challenges, such as reconciling discrepancies or resolving errors. Evaluate the candidate's analytical skills, attention to detail, and problem-solving abilities.

For Candidates: As a candidate preparing for an accounting internship interview, here are some key points to consider:

Master the Basics: Review fundamental accounting principles, terminology, and concepts to demonstrate your foundational knowledge during the interview.

Showcase Technical Skills: Familiarize yourself with commonly used accounting software, such as QuickBooks or Excel, and be prepared to discuss your proficiency in using these tools.

Highlight Relevant Experience: Even if you don't have direct accounting experience, highlight any relevant coursework, projects, or part-time roles that demonstrate your ability to apply accounting principles and work in a team environment.

Demonstrate Eagerness to Learn: Emphasize your willingness to learn and adapt to new processes and technologies. Showcase your ability to stay updated with industry trends and your enthusiasm for professional development.

By keeping these points in mind, both recruiters and candidates can ensure a productive and successful accounting intern interview process.

1.What is the purpose of adjusting entries in accounting?

Sample Answer:

The purpose of adjusting entries in accounting is to ensure that financial statements accurately reflect the financial position and performance of a company during a specific accounting period. Adjusting entries are necessary to recognize and record transactions or events that occurred but were not initially recorded or accurately reflected in the accounting records.

These entries are typically made at the end of an accounting period to adjust accounts for items such as accrued revenues, accrued expenses, prepaid expenses, and unearned revenues. By making these adjustments, the financial statements provide a more accurate representation of the company's revenues, expenses, assets, liabilities, and equity.

Adjusting entries help match revenues with expenses in the appropriate accounting period, following the accrual basis of accounting. They ensure that revenue is recognized when it is earned and expenses are recognized when they are incurred, regardless of when cash is received or paid.

Ultimately, the purpose of adjusting entries is to provide stakeholders, including investors, lenders, and management, with reliable and meaningful financial information that can be used for decision-making, financial analysis, and evaluating the overall financial health and performance of the company. Adjusting entries contribute to the accuracy and transparency of financial reporting, enabling users to make informed business decisions based on reliable and timely information.

For Recruiters: This question helps recruiters assess an accounting intern's understanding of adjusting entries and their significance in financial reporting. By asking this question, recruiters can determine if the candidate comprehends the need for adjusting entries to ensure the accuracy of financial statements and the matching of revenues and expenses.

For Candidates: This question allows candidates to showcase their knowledge of adjusting entries. Candidates should explain that adjusting entries are made at the end of an accounting period to record revenues and expenses that have been incurred but not yet recorded. Emphasizing the importance of adjusting entries in accurately reflecting the financial position and performance of a company demonstrates the candidate's attention to detail and their commitment to maintaining accurate financial records.

2. Can you explain the difference between a balance sheet and an income statement?

A balance sheet and an income statement are two fundamental financial statements used in accounting to provide different perspectives on a company's financial performance and position.

The balance sheet, also known as the statement of financial position, presents a snapshot of a company's financial condition at a specific point in time. It summarizes the company's assets, liabilities, and equity. Assets represent what the company owns, liabilities represent what it owes, and equity represents the owners' interest in the company. The balance sheet shows the company's financial health and provides insight into its liquidity, solvency, and overall worth.

On the other hand, an income statement, also known as a profit and loss statement, reports a company's financial performance over a specific period, typically a month, quarter, or year. It shows the company's revenues, expenses, and resulting net income or loss. The income statement provides information about the company's ability to generate revenues, control costs, and achieve profitability.

In summary, the key difference between a balance sheet and an income statement is that the balance sheet provides a snapshot of a company's financial position at a specific moment, while the income statement reflects the company's financial performance over a defined period. The balance sheet focuses on assets, liabilities, and equity, while the income statement focuses on revenues, expenses, and net income or loss. Both statements are crucial for understanding a company's financial status and performance, and they complement each other in providing a comprehensive view of its financial health.

3. How do you calculate and interpret the current ratio?

The current ratio is a financial metric used to assess a company's short-term liquidity and ability to meet its current obligations. It is calculated by dividing current assets by current liabilities.

To calculate the current ratio, you divide the total value of a company's current assets, which include cash, accounts receivable, and inventory, by its current liabilities, which include accounts payable and short-term debt. The formula is as follows:

Current Ratio = Current Assets / Current Liabilities

Interpreting the current ratio is important in understanding a company's financial health. A ratio above 1 indicates that a company has more current assets than current liabilities, suggesting it has sufficient resources to cover its short-term obligations. Generally, a higher current ratio is preferable as it indicates a stronger liquidity position.

However, an excessively high current ratio may suggest that a company has too many idle assets and may not be effectively utilizing its resources. On the other hand, a current ratio below 1 indicates that a company may struggle to meet its short-term obligations and may face liquidity challenges.

It is important to note that the ideal current ratio may vary by industry, and it is essential to compare the ratio with industry benchmarks and historical performance to gain meaningful insights.

In summary, the current ratio provides a quick assessment of a company's short-term liquidity. By calculating and interpreting the current ratio, stakeholders can evaluate a company's ability to manage its current obligations and make informed decisions regarding its financial stability and liquidity position.

For Recruiters: This question is necessary for recruiters to assess an accounting intern's understanding of the differences between the balance sheet and income statement, two fundamental financial statements. By asking this question, recruiters can evaluate if the candidate comprehends the purpose, content, and relationship between these two financial statements.

For Candidates: This question allows candidates to demonstrate their knowledge of the balance sheet and income statement. Candidates should explain that the balance sheet provides a snapshot of a company's financial position at a specific point in time, while the income statement presents the company's financial performance over a period of time. Emphasizing the significance of these statements in assessing a company's financial health and providing insights into its profitability and liquidity showcases the candidate's understanding of financial reporting.

4. Can you explain the concept of cost of capital?

The cost of capital is a financial concept that represents the average rate of return required by investors to fund a company's investments and operations. It is the cost a company incurs to raise funds from various sources, including equity and debt.

The cost of capital is calculated by considering the cost of both debt and equity financing. The cost of debt is the interest rate a company pays on its debt, while the cost of equity represents the return expected by shareholders for investing in the company. These costs are weighted based on the proportion of debt and equity in the company's capital structure.

Understanding the cost of capital is crucial for businesses when making investment decisions. It serves as a benchmark for evaluating the potential profitability of projects or investments. If the return on a project is expected to exceed the cost of capital, it suggests that the project is generating value and is financially viable.

The cost of capital also plays a role in determining a company's overall financial health and valuation. It affects the company's ability to attract investors and obtain financing. A higher cost of capital may indicate higher risks associated with the company, which can impact its valuation and borrowing costs.

By comprehending the concept of cost of capital, companies can assess the feasibility of investments, make informed decisions regarding capital allocation, and evaluate the financial viability of projects. It provides insights into the required return to satisfy investors and maximize shareholder value.

For Recruiters: This question helps recruiters assess an accounting intern's ability to calculate and interpret the current ratio, a key liquidity ratio. By asking this question, recruiters can evaluate if the candidate comprehends the formula and significance of the current ratio in assessing a company's short-term solvency.

For Candidates: This question allows candidates to showcase their understanding of the current ratio. Candidates should explain that the current ratio is calculated by dividing current assets by current liabilities, representing a company's ability to cover its short-term liabilities with its short-term assets. Emphasizing the interpretation of a high or low current ratio in relation to a company's liquidity and financial stability demonstrates the candidate's ability to analyze financial ratios and provide meaningful insights.

5. Can you explain the concept of cost of capital?

The cost of capital refers to the required rate of return that a company needs to generate in order to attract investment and finance its operations. It represents the cost a company incurs to raise funds from various sources, such as equity and debt.

The concept of cost of capital is important because it helps determine the feasibility of investment projects. By comparing the expected return on a project to the cost of capital, companies can assess whether the project is financially viable. If the expected return exceeds the cost of capital, the project is considered profitable and adds value to the company.

The cost of capital is influenced by factors such as interest rates, market conditions, and the company's risk profile. It takes into account both the cost of debt, which is the interest paid on borrowed funds, and the cost of equity, which is the return expected by shareholders for their investment.

Understanding the cost of capital allows companies to make informed decisions regarding financing options and investment opportunities. It helps determine the optimal mix of debt and equity in the capital structure and provides insights into the risks and returns associated with different sources of funding.

In summary, the concept of cost of capital provides a framework for evaluating investment decisions and determining the minimum return required to attract capital. It is a key financial metric that guides companies in making strategic choices and optimizing their capital structure to maximize shareholder value.

For Recruiters: This question is necessary for recruiters to assess an accounting intern's understanding of the concept of cost of capital and its importance in financial decision-making. By asking this question, recruiters can evaluate if the candidate comprehends the various components and calculation of cost of capital and its role in evaluating investment opportunities.

For Candidates: This question allows candidates to demonstrate their knowledge of cost of capital. Candidates should explain that cost of capital represents the required return on investment and is composed of the cost of debt and the cost of equity. They should emphasize that cost of capital is used to assess the feasibility of investment projects and make informed financing decisions. Demonstrating an understanding of cost of capital showcases the candidate's ability to evaluate financial data and contribute to investment analysis.

6. How do you reconcile accounts receivable?

Reconciling accounts receivable involves comparing the balances in the general ledger with the corresponding customer balances to ensure accuracy and completeness. The process typically includes the following steps:

Reviewing customer invoices and payments: Verify that all invoices issued to customers are accurately recorded and that payments received are properly applied to the correct customer accounts.

Investigating discrepancies: Identify any discrepancies or outstanding items, such as unapplied payments or credits, and investigate the reasons behind them. This may involve contacting customers or collaborating with the sales or customer service teams.

Resolving outstanding items: Take necessary actions to resolve outstanding items, such as following up with customers for missing payments, adjusting incorrect postings, or issuing credit memos when applicable.

Performing aging analysis: Analyze the aging of accounts receivable to identify any overdue balances or potential bad debts. This helps in assessing the financial health of the company and managing collections effectively.

Reconciling the accounts: Adjust the general ledger balances by recording necessary journal entries to reflect the accurate customer balances. Ensure that the total of individual customer balances matches the accounts receivable balance in the general ledger.

Documenting the reconciliation: Maintain detailed records of the reconciliation process, including supporting documentation, explanations for adjustments made, and any communication with customers or internal stakeholders.

By reconciling accounts receivable, companies can ensure the accuracy of their financial records, improve cash flow management, and identify any potential issues or discrepancies. This process plays a crucial role in maintaining the integrity of financial statements and supports effective decision-making for managing receivables and customer relationships.

For Recruiters: This question helps recruiters assess an accounting intern's understanding of accounts receivable reconciliation, a critical task in managing the company's cash flow and ensuring accurate financial records. By asking this question, recruiters can evaluate if the candidate comprehends the process of reconciling accounts receivable and identifying discrepancies.

For Candidates: This question allows candidates to showcase their knowledge of reconciling accounts receivable. Candidates should explain that the reconciliation process involves comparing the balances of the general ledger accounts receivable with the corresponding customer balances and resolving any discrepancies. Emphasizing the importance of accurate accounts receivable reconciliation in maintaining a healthy cash flow and minimizing the risk of bad debts demonstrates the candidate's attention to detail and their commitment to strong accounting practices.

7. What is the difference between cash basis and accrual basis accounting?

The difference between cash basis and accrual basis accounting lies in the timing of when revenues and expenses are recognized.

In cash basis accounting, revenues and expenses are recorded when cash is received or paid. It focuses on actual cash inflows and outflows, regardless of when the underlying transactions occurred. This method is relatively simple and straightforward but may not provide an accurate picture of a company's financial position or performance over time.

On the other hand, accrual basis accounting recognizes revenues when they are earned, regardless of when cash is received, and expenses when they are incurred, regardless of when cash is paid. It aims to match revenues with the expenses they generate, providing a more accurate representation of a company's financial performance and position.

Accrual accounting considers accounts receivable and accounts payable, reflecting transactions that have occurred but not yet resulted in cash flow. It also incorporates concepts like deferred revenue and prepaid expenses to properly allocate revenues and expenses to the relevant accounting periods.

While cash basis accounting is simpler, accrual basis accounting is generally preferred as it provides a more comprehensive view of a company's financial health and enables better decision-making. It aligns with the matching principle, which ensures that revenues and expenses are recognized in the same accounting period to accurately depict the company's profitability.

Understanding the difference between cash basis and accrual basis accounting is crucial for financial reporting, tax compliance, and decision-making. It allows businesses to choose the appropriate method that best suits their needs and complies with relevant accounting standards and regulations.

For Recruiters: This question helps recruiters assess an accounting intern's understanding of the differences between cash basis and accrual basis accounting. By asking this question, recruiters can evaluate if the candidate comprehends the two methods of recording and recognizing revenue and expenses, which is essential knowledge for accurate financial reporting.

For Candidates: This question allows candidates to demonstrate their knowledge of cash basis and accrual basis accounting. Candidates should explain that cash basis accounting recognizes revenue and expenses when cash is received or paid, while accrual basis accounting recognizes revenue when earned and expenses when incurred, regardless of cash flow. Emphasizing the importance of accrual basis accounting in providing a more accurate representation of a company's financial position and performance showcases the candidate's understanding of accounting principles.

8. How do you calculate and interpret the debt-to-equity ratio?

The debt-to-equity ratio is calculated by dividing a company's total debt by its total equity. It is a financial metric that provides insights into a company's capital structure and its ability to meet its financial obligations.

To calculate the debt-to-equity ratio, you divide total debt by total equity. Total debt includes both short-term and long-term liabilities, such as loans, bonds, and lines of credit. Total equity represents the residual value of assets after deducting liabilities, including shareholders' equity.

Interpreting the debt-to-equity ratio is important for assessing a company's financial leverage. A higher ratio indicates that a company relies more on debt financing, which can increase financial risk. Conversely, a lower ratio suggests a more conservative capital structure.

A debt-to-equity ratio of 1 or less generally indicates that a company has more equity than debt, which may be favorable. On the other hand, a ratio above 1 implies higher debt levels, which can pose potential risks if not managed properly.

It's important to note that the interpretation of the debt-to-equity ratio can vary across industries and company sizes. Comparing the ratio with industry benchmarks and historical trends can provide additional context for evaluation.

Analyzing the debt-to-equity ratio helps stakeholders, including investors, lenders, and management, understand the financial stability and risk profile of a company. It can guide decision-making regarding financing strategies, investment opportunities, and assessing overall financial health.

For Recruiters: This question helps recruiters assess an accounting intern's ability to calculate and interpret the debt-to-equity ratio, a key financial leverage ratio. By asking this question, recruiters can evaluate if the candidate comprehends the formula and significance of the debt-to-equity ratio in assessing a company's capital structure and financial risk.

For Candidates: This question allows candidates to showcase their understanding of the debt-to-equity ratio. Candidates should explain that the debt-to-equity ratio is calculated by dividing total debt by total equity, representing the proportion of a company's financing that is debt-based compared to equity-based. Emphasizing the interpretation of a high or low debt-to-equity ratio in relation to a company's financial risk and solvency showcases the candidate's ability to analyze financial ratios and provide meaningful insights.

9. Can you explain the concept of inventory turnover?

Inventory turnover is a financial metric that measures how efficiently a company manages its inventory. It is calculated by dividing the cost of goods sold (COGS) by the average inventory during a specific period.

The inventory turnover ratio indicates how quickly a company sells and replenishes its inventory. A higher turnover ratio suggests that inventory is being sold and restocked at a faster rate, which is generally favorable as it signifies efficient inventory management.

To calculate inventory turnover, you divide the COGS by the average inventory. The COGS represents the direct costs associated with producing or acquiring the goods sold during a given period. The average inventory is the average value of inventory held during that period.

Interpreting the inventory turnover ratio is crucial for assessing inventory management practices. A high ratio indicates that inventory is selling quickly, which may suggest strong sales, effective demand forecasting, and efficient supply chain management. Conversely, a low ratio implies slow inventory turnover, which can lead to carrying costs, obsolescence, and cash flow constraints.

The optimal inventory turnover ratio varies across industries and businesses, and it's important to compare the ratio with industry benchmarks and historical data for better context.

Analyzing the inventory turnover ratio helps companies optimize their inventory levels, avoid overstocking or stockouts, and improve cash flow. It enables decision-makers to identify inefficiencies in inventory management and make data-driven adjustments to enhance operational efficiency and profitability.

For Recruiters: This question is necessary for recruiters to assess an accounting intern's understanding of inventory turnover, a key ratio used to evaluate a company's efficiency in managing inventory. By asking this question, recruiters can evaluate if the candidate comprehends the concept of inventory turnover and its significance in inventory management and financial performance.

For Candidates: This question allows candidates to demonstrate their knowledge of inventory turnover. Candidates should explain that inventory turnover measures the number of times a company's inventory is sold and replaced over a period of time. They should emphasize that a higher inventory turnover ratio indicates more efficient inventory management. Demonstrating an understanding of inventory turnover and its implications on cash flow and profitability showcases the candidate's ability to analyze financial data and contribute to effective inventory management.

10. How do you record and calculate depreciation expenses?

Depreciation expenses are recorded and calculated to allocate the cost of a tangible asset over its useful life. It reflects the gradual wear and tear, obsolescence, or loss of value of the asset over time.

To record depreciation expenses, the straight-line method is commonly used. Under this method, the cost of the asset is divided by its estimated useful life to determine the annual depreciation expense. The formula for calculating straight-line depreciation is:

Depreciation Expense = (Cost of Asset - Residual Value) / Useful Life

The cost of the asset represents its original purchase cost, while the residual value is the estimated value at the end of its useful life. The useful life is the expected duration the asset will provide value to the business.

For example, let's say a company purchases a vehicle for $30,000 with an estimated useful life of 5 years and a residual value of $5,000. The annual depreciation expense would be ($30,000 - $5,000) / 5 = $5,000.

Depreciation expenses are typically recorded on the income statement as an operating expense. Simultaneously, a contra-asset account called "Accumulated Depreciation" is created on the balance sheet to track the total depreciation incurred on the asset since its acquisition.

Calculating and recording depreciation expenses accurately is important for financial reporting, as it aligns with the matching principle and provides a more accurate representation of an asset's value over time. It also helps businesses plan for asset replacements or upgrades and assists in assessing the true profitability of operations by properly allocating the cost of using assets.

For Recruiters: This question helps recruiters assess an accounting intern's understanding of recording and calculating depreciation expense, a key component of financial statements. By asking this question, recruiters can evaluate if the candidate comprehends the methods and importance of accurately recording depreciation expense.

For Candidates: This question allows candidates to showcase their knowledge of recording and calculating depreciation expense. Candidates should explain that depreciation expense is recorded based on the chosen depreciation method (e.g., straight-line, double-declining balance) to allocate the cost of an asset over its useful life. They should emphasize the significance of accurately recording depreciation expense to reflect the consumption of the asset's value over time. Demonstrating an understanding of depreciation expense showcases the candidate's ability to adhere to accounting principles and maintain accurate financial records.

Accounting interview questions and answers: Additional tips

Here are some additional topics that both recruiters and candidates can read up on to enrich the interview process and keep it organic for both recruiters .

  • How to hire and assess an accountant
  • Navigating Accounting Interview Questions: A Guide for Recruiters and Candidates
  • Unveiling the Unique Aspects of Interview Questions: Accounting
  • Types of accounting interview questions to ask potential candidates: A Roadmap
  • Nailing the Accounting Job Interview Questions: Strategies for Recruiters and Candidates
  • Understanding the Different Aptitude Categories of Interview Questions for Accounting Positions
  • The ‘Don’t’s to Consider before Conducting or Taking Interview Questions for Accounting

Other categories of accounting interview questions and answers

  • Top 30+ Accounting clerk Interview Questions
  • Accounting assistant interview questions
  • Auditor Accounting interview questions and answers
  • Bookkeeper Accounting interview questions and answers
  • Controller Accounting interview questions and answers
  • CFO Accounting interview questions and answers
  • Accounting Manager interview questions and answers
  • General Accounting interview questions

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Conclusion:

In conclusion, we have explored a range of accounting intern interview questions that cover essential skills, knowledge, and attributes required for success in an accounting internship. For recruiters, these questions provide valuable insights into a candidate's ability to apply accounting principles, work with financial data, and adapt to new technologies. By asking the right questions, recruiters can identify top talent and make informed hiring decisions.

For candidates, these interview questions serve as a guide to prepare effectively and demonstrate their skills and potential as accounting interns. By showcasing their knowledge of accounting principles, proficiency in relevant software, attention to detail, problem-solving abilities, and eagerness to learn, candidates can position themselves as strong contenders for an accounting internship opportunity.

Remember, thorough preparation, clear communication, and a positive attitude are key to success in an accounting intern interview. By leveraging the insights provided in this section and focusing on the keywords "accounting intern interview questions" and "accounting internship interview questions," both recruiters and candidates can navigate the interview process with confidence.

Best of luck to recruiters in finding the most promising accounting interns, and to candidates in securing a rewarding accounting internship experience that serves as a stepping stone in their professional journey.

author

Thomas M. A.

A literature-lover by design and qualification, Thomas loves exploring different aspects of software and writing about the same.

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Home Essay Samples Profession

Essay Samples on Internship

An internship serves as a bridge between academic learning and real-world application. It allows you to put theory into practice, giving you a taste of what it’s like to work in a specific field or industry. Through internships, you can explore different career paths, discover your strengths and interests, and make informed decisions about your future.

How to Write an Internship Essay

When writing an internship essay sample, it’s crucial to showcase the skills and experiences you gained during your internship. Here are some useful tips you can consider to write a compelling internship essay example:

  • Start by describing the organization or company where you interned, emphasizing its reputation and influence within the industry.
  • Discuss the specific projects or tasks you were involved in, highlighting the value they brought to the organization and your personal growth.
  • Provide examples of challenges you encountered during your internship and how you overcame them.
  • Reflect on the skills you developed, such as communication, problem-solving, and teamwork, and explain how these skills are transferable to future professional endeavors.
  • In addition to personal experiences, consider incorporating research and industry trends into your essay.
  • Demonstrate your understanding of the field and discuss how your internship experience aligns with broader industry developments. This will showcase your ability to contextualize your internship within a larger professional framework.

For those seeking inspiration, we offer a range of internship essay examples to guide you in structuring your own essay effectively. These examples can provide insights into different writing styles, organization techniques, and the overall flow of an internship essay.

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1. Internship Experience in the Reserve Bank of India (RBI)

2. Internship Report: What I Learned From This Experience

3. Accounting Education: Reflection on Personal Internship Experience

4. Importance Of Internship Practice In Students’ Life

5. My Internship Experience In The National Security Agency

6. Contribution of Internship to Student Development

7. Internship as a Way to Develop Your Career

8. The Account of One’s Internship Experience

9. The Path of Internship: Exploring the Challenges and Outcomes

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INTERNSHIP REPORT FOR ACCOUNTING AND FINANCE

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2019, MURUNGI ALIMAHAD

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Accounting Internship Journal Essay Example

Accounting Internship Journal Essay Example

  • Pages: 12 (3038 words)
  • Published: February 14, 2022

Expectations

It was my first time to have a chance and work in an office setting. I have been taking up part-time jobs in the past, but none of them have I ever had a chance to work in an office. This internship was special to me for I used it to test my capability to work in an accounting arena. Accounting has been one of the most paying careers I have ever heard in the recent economy. I had this fancy feeling that money will be flowing in my pockets once I start working in the billing department of the accounting.

Getting this chance was a very sensitizing thing that has ever happened in my life. I took it seriously for once in my life history. The moment I started the job I had no expecta

tions of it being so fascinating. Just to tell it from my expectation, I thought accounting would be one of the boring daily routines that one is forced to repeat the same thing over and over again. It is just the application of the rules of digits which will never give you a chance to be creative.

It was one of my chances that I had to put my class work in the real life situation. To work as an accountant has been taken by many as a torture. Having this in mind I was pretty prepared to work the tiresome day out and in everyday duty. I was really anxious to put whatever have learned in class in the practice and serve the community. It is also a way of returning back to the community. It was a new workin

environment for me but to be frank I was courageous enough to work it out as if am an expert in the field.

It was very likely that I was in a position to commit as many mistakes as possible even in the process of adapting to the environment, but this never gave me an excuse to underperform. It was my obligation to get everything done the right way and in the case of any mistake, I was to be held accountable.

Week 1 (8th August 2016 – 12th August 2016)

A taste of the firm’s culture and the environment. The day was unwell started in the mental health clinic, though it is nothing serious to call for alarm. After all, it was a great chance for me to start in the hospital. My presence was also felt as well. It was a call for the orientation to the culture of the hospital firm.

This was the day for orientation. My dressing code was just the business casual. I had my fine suite and had loosened my tie. Once I stepped in the office door the receptionist was somewhat tensed and looked astonished. Then the boss came to my rescue but it was worse for he was there teasing me. It was a lesson to me, that in the environment, one should be free to ask and enquire from anywhere and at any time for emergencies are always expected.

It was also very helpful to know people and let the people know you. It was also a shock to find myself seated with my supervisor on the same bench. This taught me that everyone in the company was equal.

The week was rushing and I was learning. According to my expectations, the first week I used observing and following what they used to do as I tried to compose it for future use. I learned all things including how the junior colleagues talked to the seniors in the hospital.

The company is so free in its environment. There was this freedom to freely interact at any level and this made my environment to be so attractive to work in.

Week 2 (15th August 2016 – 19th August 2016)

My first week of my internship I spent observing how the things were carried out in the organization. The second week was for me to prove what I had learned and put it down. I officially started my internship main course.

I was to be posting payrolls, making sure that the checks that come by are valid and complete. I was also expected to have a look at the denials and the causes of the denials. If any adjustments were to be done, I was to take that initiative by sending the claim to Magellan Lehigh County. I was also supposed to identify all the mistakes before I make any correction and sending it to for adjustment. I was mainly on the reliance of my guidebook to get my tasks performed.

In this sense, I was not a burden to my supervisor. At the end of the day, I felt superior when I got all the records done and kept in place at the right time and in the right order such that they could be easily accessed. My supervisor was always thanking my efforts for the nice work

I performed every day. I could not hold it down rather, I could show it up every proceeding day I attended the work.

As the days drew by, I was getting bored as well as I was getting experienced. The work was just repeating itself. I had to get the incomplete checks, look at them, identify the faults and make sure I inform the insurance company about the problem. As the week drew near to the end, I was challenged to have to file payroll and post it for updates. This was my second week.

It the week that has more hours, 40 hours off work, compared to the first week which has only 20 hours of work. The good thing about it is that the long week never repeated itself but it came after the week of the twenty hours. The week ended with a great challenge. I had to get all the files arranged.

You can imagine having to spend almost half of my day arranging the files. It becomes a whole drama when you find yourself having placed a document at the wrong position. It pushes you to rearrange the whole bunch of the files to get it out and keep the documents categorically updated.

Week 3 (22nd August 2016 – 26th August 2016)

Time seemed to go slowly in the office. Though I had the vast knowledge of what I was doing more competent than the first and second week. The workload was not too much.

It was in me that every moment I performed I was sure I have done a perfect job. The right thing to me was that I was not much

used in the office before. So I was used to walking. The sitting here seemed to be tiresome, but what was I to do rather than keep on doing it. It was my line of specialization. It was in the past that I have been used into rushing things to fit in my schedule.

Now am routine and the work seemed to be too small to handle. This gave me a time to go through what I have been doing all through the day to make sure that everything went on well. It was a week full of consultations and a lot of interactions with the patients who needed help from me for their wrongly written names. The week was a full rehearsal and I was fully equipped to handle many things and I learned much from the experience I gained from there.

The week went on smoothly and my supervisor was becoming random for he was not forced to come to my rescue. I was routed into the routine and the work I did was almost perfect was there was no call for alarm. Once I was in the office, they knew everything was going to be fine and this was my pride. This was the week I knew pretty well that I can do whatever I really think is impossible as I try comparing it from the book.

Week 4 (29th August 2016 – 2nd September 2016)

The fourth week of my internship was a routine. Though it had long working hours, but now I was really used to the environment of the office.

I could do anything even when I felt am not able to

do it. This is because everything was becoming obvious that I could do it even without referring. The work was becoming repetitive. It was becoming more repetitive, less tiresome but all the same, the work was boring.

This is the same week that I had to meet my supervisor in his office to discuss, my progress and point out the things I saw they needed amendment. It was a bright week for me for I was taken out of routine repetition and now I was granted a chanced to think things out. Creativity was part of me. Observation and making of the conclusions from the society for the benefit of the society was what I loved most.

So I had an opportunity to point out some few things that I thought he should know about the office. The week ended well with the submission of the payroll and the arrangement of the files as I was to be back the following Monday.

Week 5 (6th September 2016 – 9th September 2016)

The week started predictive of the good things that might happen within the week. It was started with a holiday.

It feels good always to have a holiday on a working day. It the day for me to visit some of my folks who were on the hangout that day? We had fun and I tend to forget all the feeling of the hard work I had in the previous weeks. On Tuesday I was back on duty and I had to perform it to perfection. It was a day that was busy regarding the preceding day we never attended the patients. I was caught up the

whole day but I never complained because the memories of the holiday were fresh in my mind.

On Thursday of the same week, we had tom hold an evening coffee which instituted the whole of the interns and our supervisor. It was the time we had to talk whatever we think we cannot talk in an official realm. The day ended well and all were grateful for the day. The Friday was there and it was a mark of the end of the week. The week never seemed to be so obvious because we had at least changes that broke the monotony of repetition. Having a time out with friends and the work fellow interns was such an amusing thing that can ever happen at such a stage.

The week was closed with the keeping of the folders as they should be.

Week 6 (12th September 2016 – 16th September 2016)

According to the culture of the hospital, this is the week the workers and staff of the hospital go in shifts into visiting the orphanages and the old and trying to give then the hope of life. Wednesday was the day I got for me to move and meet these needy souls. Expectant with a lot of encouraging quotes, I was forced to say them in rush. But I delivered all I had to give to these young ones.

The time was limited for we had a lot of activities taking place before we settled for speeches and talks from the staff. It was now time that we showed the unity we had with them and show that our mission was not doing business with them but

helping the community only that we cannot do it for free. They were happy and we returned happy souls. It was the week that I had to compile the documents for it was the week I used to send the payroll. Having myself as an attaché here was becoming interesting.

I had gained a lot of knowledge and now chances are being created for me to realize some of my goals I never thought they will ever happen. Thank God am here.

Week 7 (19th September, 20016 – 23rd September 2016)

Having had two weeks that made me forget about the monotony in the workplace, here was another busy week. It was business as usual. This week I had to work for twenty hours. But all in all I enjoy the work and never feel discouraged to work.

There were no issues of having an outing but all I had to do was to have the numbers placed well and give out the right results. This is the week I also had a lot of checks to look at and sent them for justification. Many checks were rejected so I was busy this week dealing with the same. I had a meeting with the manager. He is such a nice guy.

He encouraged me to keep the spirit for he had seen the good work I was doing. He added that since I started working with them the issues of false checks have been a history and he commented it was a good work. He promised if I ever thought of working with him in the future, I should feel free to send an application. This was the

most amusing day of my life. The week was done to the perfection and we are ready now for the next week.

Week 8 (26th September 2016 – 30th September 2016)

Now that the environment is almost becoming adaptive, now I have am more pleased with working in this hospital.

This week was fine with less of the work. Though it is a week I work for forty hours. This made me be involved in the other works that were around me. I also got time to know more and more people than I could do while am working. It was the time now I realized that some of the management staff here form my college.

I had time to share with them the experience they have so far. Though it one of my busiest weeks that I have more working hours and am supposed to work on the payroll for submission, it was easy for me to do the same for it had become part of my routine jobs.

Week 9 (3rd October 2016 – 7th October)

It was business as usual. But this time round, it was a week we were to be involved in games and more interactions. The week never seemed to be so busy. It was taken to be a normal week which everybody had a time out of the daily routine.

Every week of work here was becoming entertaining. Though at first, the work seemed to be a hell, but now I promise working here is more than work but also includes development. Those who missed it in high school, now it was their time to experience it here. Now I had

a vast knowledge in the field such that I could accomplish my duties within a short period and manage to do other things.

It was searching an opportunity to have to do what I like most. With this, my twenty hour week seemed to be so short that I wished it could be increased. But all in all everything was well done and am happy.

Week 10 (10th October 2016 - 14th October 2016)

Now I was becoming idler in my work for it was more of repetition so I did not have much to struggle about.

This forced me to approach my supervisor to give me some more task perform. The reason being it was the week I had forty hours in of work. I was given the authority to be checking all the records that my fellow colleagues write before they turn them in. It was part of my favorite task. It never took much of my time though it liked challenging at the first time, but it was now sorted out with a time of hard work. The week was short because I was much busy and was never bored.

Week 11 (17th October 2016 – 21st October 2016)

My time in the field was elapsing and it was becoming more of a routine and enjoyable than it was before. The twenty hour week seemed like a single day and worked myself out to give the best. I could not believe that soon am going to leave the environment and go back to class. I felt as if am already employed.

It was fun for me and I was pleased with the team I worked with.

The work was just as normal. Sometimes boring, some other times it was awesome. I had a great moment this week but every end of a nice was week was a worry how the following week could behold.

Week 12 (24th October 2016 – 28th October 2016)

This was my last week. A week I had forty hours for work. It was the high time I had to utilize them and make sure everything was fine. It felt like the first week I came to the mental hospital as an intern. But this time round I was not confused about what to do but I was more confused by what I should not do.

The reason is that I was more used to working and the repetition of the work was now part of me. But all in all, I had to leave. The week ended well. I posted the payroll and returned all that I was entrusted to the safe hands.

Now I was free to go.

Achievements

Together with having to apply for my course work in real life situation, the hospital provides chances for me to meet some of my desires that I have been chasing for long and I never got time. I was able to meet the orphaned children, and engage in games. These are fundamental activities I have yearned for long and I never got the chance. Thanks to the administration of the hospital and the management.

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    Duties in accounting internships commonly include profit analysis, handling accounts payable and working with payroll departments, preparing tax reports, organizing files for audits, researching new methods for pricing, and managing an organization's budget. You may work on tax or auditing projects during your internship.

  13. Internship Essay: Example & Complete Writing Guide [2024]

    Let's check out the internship essay example that helped our example student land his internship at Internet & More: I am writing to you regarding the marketing internship opportunity at your company Internet & More. I learned of this opening from your company representatives who attended the job fair at the University of Collegetown.

  14. (PDF) The role of accounting internships in preparing students

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  15. Accounting Internship Cover Letter Examples & Expert Tips

    Cover letter greeting. The greeting of your accounting internship sets the tone for your cover letter and your candidacy as a whole. Stick with a formal opening, since your chosen career requires professionalism and precision. We suggest "Dear Dr./Mr./Ms. [Surname].". Most of our cover letter samples begin this way.

  16. My Accounting Internship

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  18. Accounting Internship Report: Finance Department

    Company's Overview. I'll start my accounting internship report essay with an overview of the company I temporarily worked at - AMAC. AMAC was formed in 2006. It is engaged in the services, supplies, distribution and marketing of petroleum & petrochemical products. It has expertise in fuel and lubricants industry.

  19. My Accounting Internship Experience

    Overall, this internship experience has been immensely beneficial and valuable to my understanding of the public accounting field and the job duties it entails. I truly enjoyed my time here, the ...

  20. Accounting Intern Interview Questions and Answers

    It allows businesses to choose the appropriate method that best suits their needs and complies with relevant accounting standards and regulations. For Recruiters: This question helps recruiters assess an accounting intern's understanding of the differences between cash basis and accrual basis accounting.

  21. Internship Essays: Samples & Topics

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  22. INTERNSHIP REPORT FOR ACCOUNTING AND FINANCE

    P.O. Box 1 Buikwe with various Retail outlets in Eastern, North, and western parts of the country. 1.3.0 Organization Profile 1.3.1 Background of the Organization of Internship Sugar Corporation Of Uganda Limited was established in 1924 by the late Nanji Kalidas Mehta. It was formally known as Uganda Sugar Factory.

  23. Accounting Internship Journal Essay Example

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