INTERNSHIP REPORT

PRESENTATION
By
Name: ANIL .V
Reg. No.14PG01001

Under the guidance of

Name of guide. DR. GEETHA RAJARAM
Designation of guide. PROFESSOR AND DIRECTOR

CONTENTS

INTRODUCTION

COMPANY PROFILE

OBJECTIVES

DEPARTMENT STUDY

EXECUTIVE SUMMARY

LEARNING EXPERIENCE

INTRODUCTION

This forms an important ingredient of education at M.com programme of CMR University. Human being
cannot gain all knowledge by reading books, journals, newspaper and his/her academic text book. It
develops technical, social and communication skills among student by working practically. The assignment
is to gain a practical experience how the audit work is planned, performed and administrated in different
institution and organizations. The student can obtain general information about the organization from
public relations brochures, interviews, and company documents such as annual reports. Company mainly
focuses on giving more training to the staff how to handle the clients. . It accompanied by the global
perspective and look into the future.

COMPANY PROFILE

The company Y C Govind and Co was established in the year 1996 at Bangalore. In the last twenty five
years, our company has undergone by providing various services with many departments.Services
provided are income tax filing, service tax, audit, VAT; maintain accounts of small firms and also LIC
department.
ORGANISATION STRUCTURE

OBJECTIVES

Provide the opportunity for the students to test their interest in a particular career before placed
permanently in any organization.

Develop the students skills in the application of theory to work practically.

Develop skills and techniques directly applicable to their careers

Build the strength, teamwork spirit and self-confidence of students.

Have a good communication skill with group of workers .

Enhance the ability to improve students creativity skills and sharing ideas

DEPARTMENT STUDY

Audit Department
Insurance department (LIC)
Tax & Corporate Department
Account Department (Bank statement)
Tax advisory services
VAT
Sale tax department
Income tax
Purchase tax department
TDS (Tax Deducted at Source)

EXECUTIVE SUMMARY

Audit procedure is mainly a step by step approach. In this report the main focus was on the
implementation procedure of accounting and book keeping and finding out the features that is
taken to audit. The method of SWOT analysis is to take the information from an
environmental analysis and separate it into internal (strengths and weaknesses) and external
issues (opportunities and threats). Involving in an audit engagement without having proper
knowledge of clients and also how to work practically. Difficulties how the staff members
face to tolerate with the clients audit evidences. Different departments work on different
process. How to make a quick decision in a given time. Calculations of vouchers in different
heads of entries. Gap between theory and practical. Benefits from each insurance polices.
Process of technical accounting in various departments. Quality of work process.

LEARNING EXPERIENCE

I thank my college for giving permission to do internship in other organisation. I also thank
Y C Govind & Co for proving all the support for doing internship in his organisation without
any hesitation. Also thank the firm for providing necessary information on time period. It took
less time to adjust to organisation as well as working environment.

Effective communication is a key aspect in carrying out in an internship work. Without it, no
work could ever be accomplished. Having effective communication also helps to build good
rapport with staff members and also with the guide.

Thank You