Mari Elizabeth Leon Perez: Accounting Assistance - Industry Research Report Assessment Answers

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Internal Code: ICBG

Task: Research Report Assignment

Accounting assistance practicum Journal Mari Elizabeth Leon Perez Week 1: JUNE 11-15 I began my internship week, in early June I met with Hussein Diab-Hawshar and my mentor we had a lengthy discussion about the Australia economic and the accounting system in the company, my own strengths and weakness, and much more. I began logging hours soon after this meeting. I participated in activities including preparation of vouchers and monthly close reports, student services committee meeting, cataloging inventory, cash applications and collections, costing and pricing, contact reconciliation, Budget and forecast. After the personal meeting, I re-connected with my mentor and we have set up a weekly meeting time for Friday at 11:00 am. At these meeting we will discuss the previous day’s suppliers, and team work with the personal as well as any information that will be pertinent to the week or the upcoming duties as a principal. During the initial meeting with Diab-Hawshar and my mentor we decide that the focus on my intership should be on administrative duties relative to the behind the scenes work of running a company (Budget, monthly report, inventory, costing and pricing, etc.) Being a administrative assistance, and seeing that I am currently a related accounting, Iam fully prepared and knowledge in the area of administration. As I look forward to next week and my first official meeting with my mentor I am feeling confident and nervous at the same time. I think I will do an excellent job. I feel qualified in experience, intellect, and character to be able to lead a administration office in the near future. However, there is a world of things to learn and a mountain of responsibility that is put on the shoulders of administrators.   Week 2: Reflection June 18-22 I had my first official meeting with my mentor this week; we discussed various projects and activities that I could involve myself in this semester. Some of the things that the mentioned that I could begin working on were inventory in MYOB system, work with architect and civil engineers, interior designers, be evolve in construction projects, research new methods for efficient costing and pricing, be in the team of managed the budget of an organization, organized large amount of files to make and Handled accounts payable.   My hand was moving right along as I quickly took note. Much of what was suggested to me I am knowledgeable of but there are many things that I have only learned about in my college courses. Administrators are already well into the planning for next year. While I am not surprised, it wasn’t something that I had really thought of before. It certainly makes sense, but it just reinforces that perspective that people take when they have one particular job. It is always a good thing to have an experience and you are really able to get an idea of what other people do outside of your own bubble. An additional task I have begun this week was to begin the planning new methods for efficient costing and pricing with different suppliers and new construction for coffee shops in the area, I knew that with my internship coming up working with the projects coming soon, would be a good opportunity to have experience working with the parents and future colleges. My initial meeting with my principal mentor gave me a new perspective on the decision making strategies. In MYOB system is the administrative program utilized by administrators to ultimately the purchasing orders with the suppliers. I am looking forward to learning more about this as I continue on with my internship. The company event will give me a strong foundation in company administration and stakeholder partnership. Week: June 25-29 A lot of inventory of this week. We receive a new equipment for construction, tiles, furniture stuff for projects were the company is working in this moment , the office manager and I tackled this task together, It was interesting as I again was able to see outside of my own classroom. Inventory List were more whole equipment and furniture, maintenance equipment, trade center equipment,. Things that I never really thought of or realized were even there before. Was I surprised these items were there? No. but, what I continue to be enlightened to is the grand task to walk in the whole warehouse for the inventories. Working this task granted me experience working with cost, managing the environment, as well as. In MYOB system, Maintaining and organizing equipment is a big job. You must rely on your staff, especially your plant manager, office manager and various assistants to ensure that equipment is properly cared for and used. Administrative assistance comes into play as you have at your disposal very costly equipment that you are entrusted with.        

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