Treatment of accounting procedures along with digital support: KHAN BAHADUR GROUP

Abstract

The report I am submitting is for my internship in Khan Bahadur Group, one of the largest conglomerates of the country. The principal purpose of this report is to demonstrate my internship experience which would enable me to understand the operations, functionality and overall efficiency of the department. The department I was assigned was Accounts and Finance Department. The department‟s principal tasks were to prepare quarterly, half yearly & yearly financial statement by using tally software and make vouchers and entry to accounting software, preparation of monthly receipts & payments statement, provide necessary financial information to the management as needed and ensure properly and timely record keeping of books of accounts and process bills. This department also has to deal with all bank and other financial institution related affairs and manage day to day accounting functions including regular cash and bank book maintain. In this report a brief description has been given about the activities, teams and individuals, their reporting relationship, and the tasks carried out by the department. All the information presented in these sections has been gathered based on my internal and external analysis. For internal analysis I interviewed the deputy managing director of the company, the manager along with other individuals in my department. For external analysis I took help from various sources e.g. company website and company annual report. I have also presented a separate section where I focused on how the company uses the Tally. ERP 9 software to keep record of company‟s books of accounts. I also came up with the market overview of SBARRO Bangladesh, a key concern of Khan Bahadur Group. I have tried to accomplish this with a view to determine the company‟s position with respect to various aspects of the environment and the country itself. The final part of the report mainly focuses on personal development, lessons learnt from internship, difficulties faced during my internship and how I tried to have overcome them, , influence of internship on my career plan. I have thus concluded this report providing some recommendations for the department I have worked in.