Week 1 of Accounting Internship

            In Jones Lang LaSalle each day is a busy day because the work of accountant never stops. Although I'm working as an intern in the organization, I have to perform a lot of activities which require skills and effort.  Jones Lang is a huge corporation and provides investment management services. The organization has a presence in many countries which means that the level of activities is quite complex. When the size of the organization expands, it is evident that the level of activities also increases as a result. In the organization, my duties are to assist in client accounting services.

        At the beginning of the week, the load of work is enormous, and I assist in the preparation of the financial statements of various portfolios of properties of the client. The development of financial statements requires skills and necessary qualification. The financial statements follow a proper format and follow international accounting standards. I have completed my business studies with the major in accounting studies. Therefore, I have the necessary skills and qualification to prepare the financial statements. I have developed various financial statements for the client which includes the income statement, statement of financial position and cash flow statement. Each state has its format and contains a different type of information.

        In the financial statement, it is essential to include the information accurately.  As we provide services to the client, it is necessary that the financial statements should be prepared carefully. Today the reports are not ready manually because of the latest accounting software. The accounting software has not only increased the efficiency of the accountants and financial analysts but also the errors which occur in bookkeeping and preparation of financial statements have also reduced up to a lot of extents.  Through accounting software, I prepare the financial statements less amount of time, and due to the accuracy of the formula, the calculations are also accurate.

How can I improve?

        During my internship, I have learned many things from my colleagues because they help me a lot and support me I my work. The management of the organization is also very cooperative and provide an ethical work environment to the employees. The strong organizational culture contributes to healthy competition between employees and every employee try its level best to perform efficiently in the organization.

        In the organization, I have learned that the accountant should possess specific skills to work professional I the accounts department. The accountant should have a clear idea about the various activities which have an impact on the financial position of the client. I can also improve my skills by attending seminars which allow employees to further enhance their skills by learning new things.

Application to the future of Accounting Internship

        Gathering the required information was among the most onerous task for me because in preparation of financial statements it is essential that all the information related to assets, liabilities, profit, and loss are accurately included in the statements otherwise the reports will provide accurate result which would be disastrous not only for the client but also for the organization as well because if the organization no provides quality services to its client than the client will leave the organization and look for such corporation that provides high-quality services to its clients.

        I have realized the importance of significance of my responsibility and prepared the statements with accuracy so that the client will not face any issue in the future. The skills that I have learned will help me a lot in the future. In the future, I can prepare financial statements and budget with more accuracy and efficiency because not only I will have experience, but also my skills are enhanced over the period.

References of Accounting Internship

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