Internal control system assessment
I would like to express my sincere gratitude to our Principal, Mr. I also wish to express my gratitude to my internship supervisors Kumar Thapa and SharmilaMaharjan, for their valuable guidance and advice in completing this project.
I would like to record my sincere appreciation and gratitude towards all the officials and employees of J. The facts and other vital information provided by them have contributed towards making this project as comprehensive as possible.
I am indeed thankful to them. I am also very thankful and grateful towards my seniors, colleagues and authorities of Ace Institute of Management for their support, encouragement, and valuable suggestions for the completion of this project as well as for their generosity and co- operation.
Last but not the least, I would like to express my sincere thanks to all my family members, friends and well-wishers for their immense support and best wishes throughout the internship duration and the preparation of this report.
I believe that this report will be a valuable asset not only for academic institution, but will also be useful for all those who are interested to learn about internship experiences in auditing and consulting firm. Major Customers 2. Fines and Penalty on Failure to submit advance tax and tax return 21 3.
Gratuity Rate and Calculation 22 4. Gratuity Liability Calculation 22 5. Gratuity Fund Calculation 23 List of Figures: Everyone was eager to have first hand experience in banking sector because we were doing BBA-BI course.
But unlike others, I wanted to do something different, something not just limited to single sector and also that would go hand in hand with my under going degree simultaneously. I wanted to know how business firms do accounting and what role does it play in the growth and development of business activities.
The firm provides auditing, due diligence, account outsourcing, project management and consulting services. The firm specializes in consulting services in areas of: Vision - The firm's vision is to be the premier auditing, accounting, tax and business consulting firm by every measure that matters.
Values The values of the organization are as follows: Valuing People We believe that our success depends first and foremost on people. By respecting people in everything we do, we will develop and maintain high quality, mutually beneficial relationships with our clients, professional colleagues, referral sources, vendors, community members and each other.
Building Client Relationships We seek to earn long-term client loyalty by developing a deep understanding of each client's business and personal goals, by demonstrating unwavering reliability and integrity in our work and by acting as an independent and objective advisor to our clients.
Upholding Quality and Integrity We will maintain an environment where a commitment to quality, honesty, respect, fairness and professional ethics governs the actions and decisions of everyone within our firm. Keys to Success The keys to success for J.
Developing visibility to generate new business leads. Relationships with clients developing loyal, respectful, and intensive contact with both clients and potential clients.
Aug 15, · Internship Report. Presented By: Kevin P. Suhanic August 15, You would think that three years of school, half a dozen accounting classes and about thirty business courses would prepare someone pretty well for an accounting internship.3/5(2).
Internship (Industrial Training) Report: An internship report is an organization study, a case study or a survey of an organization. The students are expected to make factual observation about functioning of . Different kinds of audit services are carried out by the department such as internal audit, statutory audit, final audit, and interim audit.
All kinds of audit services are offered to the companies willing to get their audit done by the firm.4/4(10). It is a great appraisal for me to present you the internship report as compulsory for the BS (Commerce) degree programme.
In this respect, Mian Naim Asif Rashid & co, Chartered Accountants have been.