SUMMER INTERSHIP IN BACHELORS OF BUSINESS MANAGEMENT FINANCE

INTERSHIP AT A CA FIRM FOR BBA

1. MARKET SCOPE OF AGARWAL & AGARWAL CHARTERED ACCOUNTANTS SUBMITTED BY : STUTI AGARWAL SAP ID : 500111522 ENROLLMENT NUMBER : R152222249

2. LETTER OF COMPLETION

3. PRIMARY OBJECTIVE The objective of this internship at Agarwal & Agarwal Chartered Accountants was to provide practical exposure to the workings of a financial services firm. The internship aimed to bridge the gap between academic knowledge and real-world application, offering hands-on experience in client management and fundamental areas of accounting, taxation, audit, and financial management by working on real-world client projects. Understanding Taxation Procedures Financial Reporting Exposure to Accounting Software Compliance and Regulatory Framework Client Interaction and Communication

4. METHODOLOGY During my internship at the CA firm, I followed a structured approach to gain practical experience in accounting, auditing, and taxation: Task Assignment : Tasks were assigned by my supervisor based on the firm's priorities and client deadlines. Initially, I handled basic bookkeeping and gradually moved to more complex tasks like assisting with audits and tax return preparation. Work Approach : I worked on financial analysis, helped in audit processes (vouching, document verification), and supported tax return filing by calculating taxes, ensuring compliance, and preparing necessary reports. Use of Tools : I extensively used Tally for accounting, Excel for data analysis and reporting, and government portals (GST and Income Tax) for tax-related filings. Client Interaction : I observed client meetings, assisted in preparing financial documentation, and responded to client inquiries under supervision. Mentorship : I worked closely with a senior accountant who provided guidance and feedback, helping me understand the technical aspects of accounting and audits. Feedback and Evaluation : Regular feedback sessions allowed me to improve my work, and formal evaluations at the end of the internship highlighted my progress and learning outcomes.

5. FINDINGS Practical Application of Accounting Principles : I gained hands-on experience in bookkeeping, financial reporting, and tax filing, allowing me to apply theoretical knowledge to real-world tasks. Understanding of Auditing Processes : I learned the end-to-end audit process, from vouching and verifying documents to preparing audit reports and ensuring compliance with accounting standards. Taxation Knowledge : I developed a better understanding of tax laws, including GST and income tax, and learned how to prepare and file returns accurately. Software Proficiency : I became proficient in using accounting software such as Tally and QuickBooks, as well as Excel for data analysis and reporting. Time Management and Multitasking : Managing multiple tasks with tight deadlines taught me effective time management and prioritization in a professional environment. These findings collectively contributed to a deeper understanding of CA firm operations and strengthened my accounting and auditing skills.

6. THANK YOU!