ACFI619 Internship Report Format

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VIRTUAL UNIVERSITY OF PAKISTAN FORMAT OF THE INTERNSHIP REPORT BS Accounting and Finance 1. Title page The title page of the report will include: a. Name of the bank b. Name of the internee, Student ID and session c. Submission date of the internship report d. Name of the University e. VU logo 2. Dedication (Optional) If you want to dedicate your work to someone, you may write the dedication note under this section of your internship report. Acknowledgement In this section you should acknowledge the help and support of all the people who helped you in the compilation of your internship and internship report e.g. the library staff, instructor, family, or any other person. Executive summary An executive summary previews the main points of an in-depth report. It helps the reader to get a quick glance at the report before reading it in detail. It can be called as micro image of the report. Every thing important that you have done, discovered and concluded should be mentioned but briefly and concisely. Scanned copy of the Internship Certificate Attach the scanned copy of your (original) internship completion certificate provided by the organization. Table of contents i. List the important headings and sub headings in the report with their respective page numbers. ii. 7. Also make a separate list of tables and figures in the table of contents if you have used any. Brief introduction of the organization’s business sector (minimum word limit: 400-500 words) Describe overview of the complete sector in which the organization falls according to current scenario. "Brief introduction of the business sector" refers to the main area which the organization deals in i.e. consumer consumable, consumer durable or services, e.g.

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Textile, Dairy or Telecom etc. But you should discuss the main sector and NOT the organization under consideration. 8. Overview of the organization (minimum word limit: 800-1000 words) a. Brief history b. Nature of the organization c. Business volume (Total number of stock, shares, bonds/ commodities, future contracts planned for a particular period etc). d. Product lines (A complete range of products/ services of the organization) e. Competitors Organizational structure (minimum word limit: 700-900 words) a. Organizational Hierarchy chart b. Number of employees c. Main offices d. Introduction of all the departments e. Comments on the organizational structure (You would have to comment or give your opinion on the structure of the organization as a whole that whether the adopted structure and practices fulfill the requirements of the organization or not.) Note: In section # 7-9, students are expected to collect information from various sources such as within the organization (managers, internship supervisor and other concerned persons) and company’s website, documents, brochures etc. but it is necessary to mention the sources of information in APA format. 10. Plan of your internship program (minimum word limit: 200-300 words) a. A brief introduction of the branch where you did your internship b. Starting and ending dates of your internship c. Names of the departments in which you got training and the duration of your training Training program (minimum word limit: 1800-2000 words) a. Detailed description of the operations/activities performed by the department(s) you worked in. b. Detailed description of the tasks assigned to you. OR Detailed description of the project (s) assigned to you. Structure of the Finance Department (minimum word limit: 150-200 words) a. Departmental hierarchy b. Number of employees working in the finance department c. Finance & accounting operations

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Functions of the Finance Department (minimum word limit: 500-600 words) a. Accounting system of the organization b. Finance system of the organization c. Use of electronic data in decision making d. Sources of funds e. Allocation of funds Critical analysis (minimum word limit: 2500-3500 words) Relate the theoretical concepts with your practical experience during your internship with the finance department. a. Financial analysis A document "Essentials for Financial Statement Analysis" is available under the ICON of "DOWNLOADS" on VULMS of this course. You are required to provide the critical analysis of most recent three years. Critical analysis based on the financial data older than recent three years will NOT be considered. i. Ratio Analysis ii. Horizontal Analysis iii) Vertical Analysis iv) Industry Analysis (comparison with its industry or with its competitors) v) Trend Analysis b. Future prospects of the organization. SWOT analysis of organization (in bullets) (minimum word limit: 300-400 words) SWOT analysis clearly describes the strengths, weaknesses, opportunities and threats to the organization in which you have done internship. Remember that strengths and weaknesses are internal to the organization and represent its culture while opportunities and threats correspond to the environment outside the organization. It is required to be discussed in bullets. Conclusion (minimum word limit: 150-200 words) In this section, you are required to describe the organization according to your evaluation/assessment in the light of critical and SWOT analyses. Recommendations for improvement (minimum word limit: 150-200 words) In this section, you are required to suggest solutions for all the problems or discrepancies (you have pointed out in critical and SWOT analysis) found in the organization. Note: Section # 10-17 are NOT expected to be copied from anywhere, the student must provide information in these sections based on his/her personal observation, learning and experience gained during the internship. Cheating or copying in these sections is NOT acceptable and hence the entire internship report can be completely rejected as

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per ZERO TOLERANCE POLICY of the university. The university may also take a legal action according to plagiarism policy as defined by HEC (Higher Education Commission). 18. Reference & Sources used In this section, provide all the references and sources in APA format that you have used for data collection in your internship Report. Annexes At the end of your report, attach all of the supportive material you have used for the preparation of your report, like brochures, forms, newsletters, interviews, questionnaires etc. You must provide scanned copies of all the financial statements used for financial analysis. (If you have downloaded the financial statements from internet then its source or web link should be provided. Scanned copies are not required in such case). Note: Your work will not be considered or accepted in case you do not provide scanned copies or source of original financial statements. Note: • • • • • Complete all the required parts as mentioned in the format of Internship Report. Remember, each part is essential, therefore, DO NOT skip any part as every part is included in evaluation criteria. Minimum words required for internship report are 8000 – 10,000. There should be harmony among the ideas that you describe in the Critical analysis, SWOT analysis, Conclusions and Recommendations. Internship Report should be submitted within the due date as mentioned in the ‘Semester Calendar’. Submissions made after due date shall not be considered. Students are required to upload their Internship Reports on VULMS of the course against the relevant assignment. Internship Reports submitted via e-mail will not be accepted. Students can upload their Internship Reports only once that will be considered as their final submission and will not be replaced in any case.

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