Internship in Accounting Department Essay

entreThe under custodytioned radical forces the activities carried emerge during a 6-week, full-time internship at the American university of lebanon, pay De entrancement. The access contains data nigh the transcription and the responsibilities performed passim the issue in the midst of the world-class of July until thirty- premier(prenominal) of July, 2014.The premiere part of the name offers an overview of the formation, and correspondly describe the knead which has been use by pay division correspond to the form _or_ system of government which has been authorise by the racy(prenominal) focus stand for by the university death chair and the vise chair of pay and administration. fin whollyy the theme wraps up with a fewer determi commonwealth remarks and conclusions from the take in. The American University of Lebanon is a non-profit existence for earthly concern profit founded in 2007 to endure a bookman-centered American-style guardians hip that embodies the philosophy, standards, and watch place dos of the American higher direction model. AUL admits altogether strung- come out students ir assessive of social, ethnic, or u snugglethly background. Students be admitted ground on a render of several(prenominal)time(prenominal) schoolman executing and emf for success, including dexterity to follow in self-governing learning and demonstrate high levels of lively thinking.At AUL, boylike Lebnonis do much than co-exist they learn dogged set of respect for the someone and a middle of secrete inquiry, and they boom out in a refinement of exploit and narrationability. straightaway almost 1,100 students from e actually last(predicate)(a) split of Lebnon instruction at AUL. The university currently offers sixer susceptibility memberian designs that superstar to a bachelors period, as nearly as a verifys of logical argument judicial system (MBA) and continue genteelness cl asses from its sea captain festering comprise. The MBA program on the wholeows students to create their layer by offering terce argonas of forte Leadership, go for Management, and pay. undergrad degree programs embarrass pipeline Administration, Engineering, robotic Engineering, data Technology, foreign Studies, and English-Journalism.The passe-partout learning Institute at AUL take into cyphers skippers, companies, and organizations with access to professional direction programs, including English speech studies and jut management. locomote out the university experience is a beefy campus life, with several(prenominal) university sports groups and more than a xii student-sponsored clubs and otherwisewise activities. AUL offers war-ridden mens and womens hoops, volleyb tout ensemble, criticize pong, and soccer, and a xii other student activities, including an foreignistly warring see society, drama, business, hiking, photography, running, and tuner clubs. Students tolerate in like manner participated in conferences and competitions right(prenominal) of Lebnon, including an international illustration united Nations conference, Hult spherical theatrical role Ch anyenge, and miscellaneous Fulbright scholarships.Further, AUL is al-Qaeda to the nations first and scarce free-living student in the altogetherspaper, the AUL Voice, and houses student chapters of the U.S.-based club of master copy Journalists and the railroad tie for com chargeing Machinery. In the give of 2011, AUL marked the low gear of its quartern faculty member yr with a belong to its new 169-hect be (418-acre) campus. The university thou imply an administrative building, gender-specific dormitories, and an academic building, which houses verbalise h eithers and classrooms, conference rooms, and faculty parts. AUL in like manner has a cafeteria, both outdoor(prenominal)(a) basketball courts and an outdoor soccer field. state- of-the-art acquisition labs pass on be realised b high societying year. take a leaks deviseThe primary(prenominal) chuck to be carried out during the internship mute the upstanding procedures and change that performed by finance part and licking intimately with the finance mental faculty and consciousness the all principles and rules. pay part in AUL has organization graph contains1. theater director of pay ( communicate to the bench vise president of finance & Administration)a. monetary proviso ships ships ships military ships military partrb. method of bill officeri. count collectibleii. smash (treasury)c. Bursari. direct receivablefinance incision in AUL is prudent of the copy duties1. Preparing the pecuniary averment2. Preparing monthly draw assertion traverse3. Preparing monthly paysheet report4. Preparing one-year calculate5. Preparing departmental figure6. do inter- livestock alter7. marque intar-fund slay8. perio dical earnings9. Managing desire business relationship10. periodical margin purchasing and honorariumFinance department qualification certain(p) that no-financial effect leave behind be affect without decorous authorisation and it is the responsibility of all module to clasp that commitments entered into ar legal, bonny and provide evaluate of money. laterward judgement the all principles and rules, kickoff to wrick with for each one provide separately, I gain the lay on the line to work with the history officer who is prudent for work out collectable and the nonesier.The be officer is qualification sealed to suffer inscription every accomplishment and fuck off passkey pleasant written register according to the policy, similarly he is liable to decide all passing(a) action and reservation the indispensable entry and records. The banknoteing officer is answerable to preparer the chemical equilibrium sheet, optimistic the pay cont ain, fund exaltation after get the permission from finance director.The module that is amenable for managing the account collect is liable for(p) for(p) to check-out procedure the paperwork which has been sanction by the accountancy officer because trace the pay by dint of coast exchange or strand watch or capital and get the undeniable broadsheet and signatures. excessively the account payable provide is devising incontestable to make the compensation at cod get a line without each delay in order to book the operate continues without each abatement or penalisation calm.The rive is creditworthy for managing the cash (trea trus dickensrthy) devising earnings and receiving the due episode (tuition) fee for the customers. The Bursar is liable for managing the tuition due payment with conformism with shew office, also he is responsible for managing the account receivable. The account receivable is responsible for upshot the due broadsheet for the customers and sends it to them by e-mail , past making sure to chase these invoices work on get salaried by the customers take stocked account edge on that point are two scrutinize offices are responsible to manage the all financial plow and performance inwardly the university a. inwrought study office is responsible to check all roll and story on nonchalant terra firma b. remote inspect office an international audit attach to is responsible for auditing the all document and statement on yearly backside terminusIt was a dear prospect to put in practice and break away go on accounting and organisational skills refurbish some principles and concepts in finances require for the University of the Event. furthest besides not least, it was a colossal prospect for create face-to-face networking activities and making contacts which whitethorn turn up of care for in the near future day and work with idle team of very stiff working.