College of Administration and Finance SciencesForm Number 3 – PERIODIC REPORT
Internship Student Report | Month #?
Start Date: _26__/_03__/_2023__
End Date: _06__/__04_/_2023__
Student’s Name: Eiman Fouad Al-Shobar
Training Organization: ACE Gallagher Arabia
Insurance Consultants
Trainee Supervisor Name: Shahad Yahya Al-Shehri
Course: ACCT430
Student’s ID Number: 170231644
Trainee Department: Finance/Accounts
Faculty Member: Dr. Maysoon Khojah
CRN: 31195
Academic Year/Semester: Third semester- 2023
(Instructions)
➢ This report must be submitted on Blackboard (WORD format only) via the allocated folder.
➢ Email submission will not be accepted.
➢ Your work should be clearly and completely presented; marks may be reduced for poor
presentation. This includes filling your information on the cover page.
➢ Assignment will be evaluated through BB Safe Assign tool.
➢ Late submission will result in ZERO marks being awarded.
➢ This work should be your own, copying from students or other resources will result in ZERO
marks.
➢ Use Times New Roman font 12 for all your answers.
College of Administration and Finance Sciences
(Report Components)
What are the activities and tasks given to you during this
month?
Prepare the payroll:
1. Calculating the gross salary of all the employees and make
sure to deduct the ( applied leave, later hours, leave without
pay).
2. Make sure to enroll all the additional income such as (
overtime, sales commission, schooling and any other
allowances)
3. Make sure to make all the amendments (if applicable) for
the new joiners after they complete their probation period
and any increments or promotions.
4. Make sure all the names are enrolled in GOSI and inline
with the company manpower table.
Task(s)
5. Cross check the GOSI calculations and make sure it is in
match with the GOSI detailed bills for the same month.
6. Debit the necessary accounts and credit the payroll account
and make sure it inline with payroll sheet.
7. Prepared the PV (payment voucher) and select the correct
bank account in the system.
8. Prepare the bank salary templets and make sure all the data
are correct ( name, ID, IBAN )and the salary details it is
matching the payroll sheet
9. Process the payment in the online bank and email the
transaction for the necessary managers for approval.
10. Download the bank statement and WPS file ( wage
protection system)
11. Upload the WPS file to Mudad portal.
College of Administration and Finance Sciences
12. Print all of the below documents for filing and make sure
it have the necessary signatures:
a. Payment Voucher.
b. Payroll sheet.
c. Bank statement.
d. Attendance Sheet.
e. Company internal memos, emails for any deductions or
amendments effect in the payroll.
What skills did you learn through the month?
1. Using different Excel formulas in the payroll sheet.
2. Using the payable model to process the payments.
3. Using the journal ledger to allocate the expenses in the
accounts
New skill(s)
4. Cross check all the payment and salaries to avoid any
mistakes or penalties.
5. Maintain the accounts to be ready to generate any reports
at any time and monthly closing.
6. Make sure all the transactions in compliance and
documentation inline with company policy and audit
requirements.
How many meetings did you attend?
Meeting(s)
Two meetings, one with training supervisor and one with
chief accountant
What are the difficulties you had this month?
1. Meetings the time lines.
2. Pro rata calculations.
Difficulty/ Challenge(s)
How did you overcome these difficulties?
1. Compering the transactions of the current month with the
previous months.
2. The supervisor assistant.
College of Administration and Finance Sciences
3. Understand the process of each and every steps.
4. Taking notes.
What did you learn from completing the tasks
1. Each company have their own internal policy which is
inline with law and legal requirements.
2. The payroll should be accurate and on time as well as in
line with the HR records.
Learning
3. More than one line of checking and approval for accuracy
and to minimize the risks.
What did you want to learn more?
1. How to budget the manpower.
2. How to calculate the staff advance payments.
*Note:
1. This report is a summary of the training activities performed.
2. You may attach additional pages if needed. And student can attach any extra note to this form.
Name: __Eiman Fouad Al-Shobar_
Signature: ___Emaa___
College of Administration and Finance Sciences
Form Number 3 – PERIODIC REPORT
Internship Student Report | Month #?
Start Date: _14__/05_/_2023__
End Date: _01__/_06__/_2023__
Student’s Name: Eiman Fouad Al-Shobar
Training Organization: ACE Gallagher Arabia
Insurance Consultants
Student’s ID Number: 170231644
Trainee Department: Finance/Accounts
Trainee Supervisor Name: Shahad Yahya Al-Shehri
Faculty Member: Dr. Maysoon Khojah
Course: ACCT430
CRN: 31195
Academic Year/Semester: Third semester- 2023
(Instructions)
➢ This report must be submitted on Blackboard (WORD format only) via the allocated folder.
➢ Email submission will not be accepted.
➢ Your work should be clearly and completely presented; marks may be reduced for poor
presentation. This includes filling your information on the cover page.
➢ Assignment will be evaluated through BB Safe Assign tool.
➢ Late submission will result in ZERO marks being awarded.
➢ This work should be your own, copying from students or other resources will result in ZERO
marks.
➢ Use Times New Roman font 12 for all your answers.
College of Administration and Finance Sciences
(Report Components)
Task(s)
New skill(s)
Meeting(s)
What are the activities and tasks given to you during this
month?
A) work in the general ledger and pass the monthly
transactions for:
– provisions ( leave, employee benefits, audit fee, tax,
ZACAT, insurance, bad debts, etc.)
– prepayments ( medical insurance, advance housing
Allowances, maintenance contracts, all the advanced
payments).
B) prepare the monthly versus report by comparing the
actuals with previous year and vs the budget.
What skills did you learn through the month?
A) minting the books in line with budget.
B) locating the expenses properly ( account/ date).
C) prepare accurate reports for each month as well as the
year to date report.
How many meetings did you attend?
3 meetings ( 2 with the account supervisor and one with the
Finance Manager)
What are the difficulties you had this month?
Tracking the transaction in the GL.
Locating the expense properly.
Difficulty/ Challenge(s)
How did you overcome these difficulties?
– account supervisor guidance.
– generate account analyzing reports and trail balance.
What did you learn from completing the tasks
Checking the proper accounts before passing any
transactions.
Learning
Use the TP as a reference before and afterwards passing the
transaction.
What did you want to learn more?
College of Administration and Finance Sciences
How to prepare the entire budget.
How to prepare cash flow statements.
*Note:
1. This report is a summary of the training activities performed.
2. You may attach additional pages if needed. And student can attach any extra note to this form.
Name: __Eiman Fouad Al-Shobar_
Signature: ___Emaa___
College of Administration and Finance Sciences
Form Number 3 – PERIODIC REPORT
Internship Student Report | Month #?
Start Date: _27_/_03_/__2023_
End Date: _13_/_05_/2023
Student’s Name: Eiman Fouad Al-Shobar
Training Organization: ACE Gallagher Arabia
Insurance Consultants
Student’s ID Number: 170231644
Trainee Department: Finance/Accounts
Trainee Supervisor Name: Shahad Yahya Al-Shehri
Faculty Member: Dr. Maysoon Khojah
Course: ACCT430
CRN: 31195
Academic Year/Semester: Third semester- 2023
(Instructions)
➢ This report must be submitted on Blackboard (WORD format only) via the allocated folder.
➢ Email submission will not be accepted.
➢ Your work should be clearly and completely presented; marks may be reduced for poor
presentation. This includes filling your information on the cover page.
➢ Assignment will be evaluated through BB Safe Assign tool.
➢ Late submission will result in ZERO marks being awarded.
➢ This work should be your own, copying from students or other resources will result in ZERO
marks.
➢ Use Times New Roman font 12 for all your answers.
College of Administration and Finance Sciences
(Report Components)
What are the activities and tasks given to you during this
month?
A) create the customer account in the system and filling all
the necessary information as per the company policy and
ZATCA guidelines to be in compliance with VAT
requirements.
Task(s)
B) Filling the VAT template by reconciling all the issued
Invoices to assure accurate declaration in the VAT output as
well cross check all the paid bills and invoices to make sure
claiming all the VAT input.
C) reconcile the clients statement of account and to make
sure all the invoicing and payment transactions is passed
properly without any missing.
D) reconcile the Bank statement of account with the
company books and match the opening and closing balances.
New skill(s)
Meeting(s)
E) reconcile the statement of accounts with affiliates and
matching the balances with other companies with the group.
What skills did you learn through the month?
Check and reconcile the accounts and match the opening
and closing balances from time to time and/ or in monthly
basis with all parties is a must for proper book keeping and
easier dealing with any accounting issues.
How many meetings did you attend?
Two meeting with the supervisor to take the tasks and
handover the outputs accordingly.
What are the difficulties you had this month?
Difficulty/ Challenge(s)
Reconciling transactions have the same amount with the
same party and relocate the concerned supported
document.
How did you overcome these difficulties?
College of Administration and Finance Sciences
By tracking the transaction references or contacting the
other parties to verify.
What did you learn from completing the tasks
Maintaining the records in daily basis is important to avoid
losing the track of the transaction.
Learning
What did you want to learn more?
I am inserting to learn the moth closing and monthly
reporting.
*Note:
1. This report is a summary of the training activities performed.
2. You may attach additional pages if needed. And student can attach any extra note to this form.
Name: _ Eiman Fouad Al-Shobar____
Signature: _ Emaa___________
Course Name:
Student’s Name:
Course Code:
Student’s ID Number:
Semester:
CRN:
Academic Year: 144 /144 H
For Instructor’s Use only
Instructor’s Name:
Students’ Grade:
Level of Marks:
Secondary address separator
Secondary address
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Thank You
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