22-UAF-047

WEEKLY REPORT 3
MAY 29 - JUNE 3

DAY 13
29/05/2023

• Forenoon, I had recorded the sales and purchase voucher of a cracker

company for the month of Jan ’23 to April ’23.
• Afternoon, I assisted one of my colleagues in vouching. I had vouched
for the purchases of Parimalam School, a private premise situated in
Hosur.
• It was so hard to vouch as it has to be reviewed by scrolling physical
bills of the purchases made.

DAY 14
30/05/2023

• As I asked my mentor to teach me new thing, he had given me the actual

bank statements of a supermarket located at Karnataka.
• This involved capturing and reconciling the financial transactions related
to your bank accounts, which consisted of debit, credit and contra
transactions.
• I made the entries for the first quarter of the month and realized that the
closing balances of the earlier quarter doesn’t tally with the given
closing balance.
• It took all the day to rectify those wrong entries and match the closing
balance and had to call the day off.
DAY 15
31/05/2023

• I continued the work where I left the day before. Forenoon the task was
to match the closing balance of that quarter. I had entered the bank
statements of a supermarket.
• As it was my birthday, I had called the day of early.

DAY 16
01/06/2023

• Went to the office soon with a josh of entering into a new month seeking
new learnings and lessons.
• Morning I was asked to observe my colleague. He was preparing a
Utilization certificate, explained me briefly, what information must be
required for providing it.
• Post lunch I was given the file of bank transactions which had to be
recorded in Tally. As one of the ex-intern trainee recorded unconsciously
wrong, I had to review and match the closing balance of that quarter too.
It took me all remaining day to complete and called the day off.

DAY 17
02/06/2023

• The bank statements recorded for a particular private company was not
matching the given closing balance of the bank statements, so I had to
detect the wrong entries and rectify to match with the closing balance.
• The given company was irregularly reconciled so I had to obtain the
bank statement for the relevant period that needs to be reconciled in the
tally. It had to be ensured that the statement includes all the
transactions, including deposits, withdrawals, bank charges and
interest.
• So I had to ensure that the financial records align with the actual
financial bank transactions.
• After a long hectic day, I called the day off.
DAY 18
03/06/2023

• I had to continue the before day’s work where I have to reconcile the
entries made earlier.
• After reconciling I was given a folder of invoices and bills to be
vouched.
• Post lunch I completed vouching for the invoices and submitted to the
respective colleague.

SUMMARY
During the third week of my internship in an audit firm gained further
insights and hands-on experience in various aspect.
Throughout the week gained practical experience, honed analytical and
problem-solving skills, and deepened understanding of the tax
filing process.

MENTOR SIGNATURE TRAINEE SIGNATURE