Description
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In the presentation slides, write the basic information, and at the bottom (note box) the explanation for this slide, which the presenter is supposed to sayCourse 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
Text
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Thank You
Course Name: Internship
Student’s Name:
Course Code: ACCT 430
Student’s ID Number:
Semester: 2 – 2022
CRN: 25727
Academic Year: 1443 /1444 H
For Instructor’s Use only
Instructor’s Name: Dr. Youssef RIAHI
Students’ Grade:
Level of Marks: High
Saudi Aramco: Company General Use
OUTLINE
• Overview
• Training Organization
• Internship activities
• Learning
• Recommendation
• Conclusion
Saudi Aramco: Company General Use
Overview
• Internship Start Date :
• Internship End Date
:
• Working Hours Per Week:
• Total Training Hours
:
• Total # of Working Weeks :
• Training Organization :
• Job Title :
Saudi Aramco: Company General Use
TRAINING ORGANIZATION
• Training Organization :
• Location :
• Department Name :
• Division Name :
Saudi Aramco: Company General Use
INTERNSHIP ACTIVITIES
❖ Activities and Tasks Given:
• Prepare And Analysis The Monthly Project Update Report
• Monthly Accrual Report
• Monthly Operating statement Report
• Ruck up Report
• Contract Such as (LUMP SUM, LSTK & GES+).
• Creating the Purchase Order.
• Creating Purchase Requisition.
Saudi Aramco: Company General Use
INTERNSHIP ACTIVITIES
❖ Skills: • Communication Skills have been improved (Listening, Speaking and Writing).
• Time Management & Punctuality. I’ve to show up for work on time, and leave on time.
• The work should be done before the due date.
• How to become Teamwork.
• Information processing.
• Teamwork.
• Planning/arranging.
• Decision making.
• Problem solving.
• Data analysis.
Saudi Aramco: Company General Use
INTERNSHIP ACTIVITIES
❖ Meeting(s):
• I’ve attended tow meetings (MPU&PPU discussion meeting)
• Safety meeting.
•
Negotiation meeting.
Saudi Aramco: Company General Use
Internship challenges / Difficulty: • Time Management
• Communication
• Accuracy
• Problem Solving and Take full Responsibilities
Saudi Aramco: Company General Use
Learning: • The status reports are is very important for project managers and Cost team since
it keeps them informed of improvement and control costs, risks, time and work.
• Project status reports are organized constantly, throughout every phase of the
project.
• Dealing with others, knowing how to deal with them, interacting with co-workers
or helping them with projects and tasks. I soon learned that when something isn’t
clear to me, or I don’t understand, it’s okay to ask for clarification
• I learned the way to reviewing invoices and process the payment and I have to be
very accurate before get fully approved by approvers.
• I learned the way to reviewing the PO and PR and how to process them and I have
to be very accurate before get fully approved by approvers.
Saudi Aramco: Company General Use
Recommendations
• Get to Know Your Interns by Sit down with your interns and get to know them
closely.
• Give the interns chance to do important task for example let them work on
physical projects, real problems, and deal with the actual issues of the company.
• Keeping Interns Engaged: let them involve and interact with team. Make them
feel appreciated and their time investing.
• Make sure you allow time to get the feedback from the interns and make safe
place to listen to them.
Saudi Aramco: Company General Use
Conclusion
According to the curriculum I had the great internship training in ……. This
internship was an excellent and useful experience, I have grown and
expanded my knowledge, skills. I’ve learned the importance of timemanagement skills and self-motivation.
Saudi Aramco: Company General Use
Thank you
Saudi Aramco: Company General Use
College of Administration and Finance Sciences
Form No 4- Internship Report Cover Page
Student`s name:
Student`s ID #:
Training Organization:
Trainee Department:
Field Instructor Name:
Field Instructor Signature:
Course Title:
CRN:
Internship Start Date:
Internship End Date:
Academic Year/Semester:
For Instructor’s Use only
Instructor’s Name:
Total Training Hours /280
Students’ Grade: Marks Obtained /30
Level of Marks: High/Middle/Low
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College of Administration and Finance Sciences
A Brief Executive Summary of the Internship
General Court Accounting performs the highest level of auditing in the Saudi Arabian
Kingdom. It is a separate body that gives its findings and recommendations to the King.
The General Court of Audit (GCA) is responsible for carrying out the State’s complete postaudit of its income, spending, moveable, and fixed assets. It is also accountable for ensuring the
appropriate application of the resources and overseeing auditees’ adherence to the applicable
financial and administrative requirements. These responsibilities fall under its purview. Financial
adherence and productivity audits are carried out according to a systematic process, which highly
competent auditors carry out. The GCA follows this procedure. The process boosts government
agencies’ productivity, tracks all liquid and fixed assets, and ensures money is being spent as
intended. It helps to strengthen the foundations of accountability and good governance as well.
The GCA’s auditees include the entire group of ministries, government institutions,
commercial firms, and public enterprises or entities to whom the State either contributes to the
share capital or ensures a minimum profit. The majority of my responsibilities that I was
responsible for throughout my internship are as follows:
•
Audit adjusting account
•
Audit Adjusting entry
•
Audit Closing entries
•
Recording the accounting entries for the transactions of government agencies
•
Reviewing government expenditures Documentary, technical, accounting and restrictive
review
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College of Administration and Finance Sciences
Acknowledgement
I want to take this opportunity to express my sincere thanks and gratitude to all those who
have contributed to completing this report. Firstly, I would like to thank God Almighty for
providing me with the strength and determination to complete this report. I would like to express
my gratitude to Dr. Habiba Y. Moabber, my subject teacher at the university. Her instructions
and directions were essential in helping us all complete this curse with ease. Her dedication and
commitment to our education and success significantly impacted us.
Additionally, I also extend my deepest gratitude to my trainee supervisor, Khalil Al
Owais, who provided me with invaluable guidance and support throughout my training journey.
His guidance and direction were instrumental in helping me to complete all tasks in the right
way.
Finally, I want to express my appreciation to all those who have helped me in one way or
another to complete this report. Your support and encouragement were vital in keeping me
motivated and focused on achieving my goal.
In conclusion, I express my heartfelt thanks to all who contributed to my success and helped me
complete this report. I am forever grateful for your support and guidance, and I hope to continue
our relationship.
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College of Administration and Finance Sciences
Table of Contents
A Brief Executive Summary of the Internship…………………………………………………………………………………. 2
Acknowledgement ………………………………………………………………………………………………………………………. 3
Internship report ………………………………………………………………………………………………………………………….. 5
Abstract ……………………………………………………………………………………………………………………………………… 5
Introduction ………………………………………………………………………………………………………………………………… 6
Chapter 1: Description of the Company …………………………………………………………………………………………. 6
Brief history of the company …………………………………………………………………………………………………….. 6
Accounting standards and principles and telecommunication technologies used in the organization …… 8
The quality planning and control activities ………………………………………………………………………………….. 9
Financial analysis and decision-making methods used by corporate treasurers and financial managers . 9
Human resources analysis ……………………………………………………………………………………………………….. 10
Chapter 2: Internship Activities …………………………………………………………………………………………………… 10
Coworkers …………………………………………………………………………………………………………………………….. 10
Departments of the company …………………………………………………………………………………………………… 11
Activities undertaken during the internship ……………………………………………………………………………….. 11
Skills gained ………………………………………………………………………………………………………………………….. 12
Additional activities and incentives ………………………………………………………………………………………….. 13
Working documents and analysis …………………………………………………………………………………………….. 13
Comparison between theory and practice ………………………………………………………………………………….. 14
Lesson learned ………………………………………………………………………………………………………………………. 14
Chapter 3: Recommendations ……………………………………………………………………………………………………… 14
Advantageous that helped complete the training program ……………………………………………………………. 14
Disadvantageous and challenges faced ……………………………………………………………………………………… 15
Recommendations to improve training program in the college …………………………………………………….. 15
Recommendation for the training company ……………………………………………………………………………….. 16
Conclusion ……………………………………………………………………………………………………………………………. 16
References ………………………………………………………………………………………………………………………………… 17
Figure 1:Organization structure …………………………………………………………………………………………………….. 7
Figure 2:Major Service of the firm ………………………………………………………………………………………………… 7
Table 1: Organizational information ………………………………………………………………………………………………. 6
Table 2:Work samples during the internship …………………………………………………………………………………. 12
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College of Administration and Finance Sciences
Internship report
Abstract
I had an opportunity to undertake my internship at the general audit court in the kingdom
of Saudi Arabia, Dammam. This institution is a government entity that offers accounting and
judicial services. Its stakeholders are the ministry of justice and the regulatory authority of
government accounts. It operates under the government. During the internship, I carried out several
tasks, including Audit adjusting accounts, Audit Adjusting entries, Audit Closing entries,
Recording the accounting entries for the transactions of government agencies, and Reviewing
government expenditures Documentary, technical, accounting, and restrictive review. I was able
to gain several skills and abilities, including Knowledge of accounting principles, including debits
and credits, analysis skills to find any issues in the financial records, working Knowledge of the
computer systems used to monitor economic data, ability to analyze data using a spreadsheet,
database, and other software systems, superior verbal and written communication abilities, and
ability to function both individually and as a team. Therefore, from experience, I encourage the
college to provide more reading materials for the learners to have more Knowledge before
embarking on an internship. The companies should also offer high-quality training to the learners
by assigning them an expert as a supervisor.
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College of Administration and Finance Sciences
Introduction
This report provides insights into my internship training experience. The primary items
that will be covered in this report are an overview of the training organization, tasks and activities
conducted during the training program, and recommendations to the training institution and the
training institution to improve the training program for learners. These roles performed during the
internship were vital as they helped me to apply class theory to the real world.
Chapter 1: Description of the Company
Brief history of the company
I interned at the General court of audit in the kingdom of Saudi Arabia, Dammam. The
institution is an independent body providing accounting services to the country’s court and other
judicial services. The government owns it since it is a division of the ministry of justice in Saudi
Arabia. Its main stakeholders are the ministry of justice, having over fifty percent shares, the
ministry of finance, and the regulatory authority for government accounts.
Table 1: Organizational information
Website
www.gca.gov.sa
Mailing address
gab@gab.gov.sa
contact
+966114056770
Social media
Twitter, Facebook, LinkedIn and Instagram,
WhatsApp and Pinterest
General Court Audit in the Kingdom of Saudi Arabia operates in the public sector,
providing services to the government and private sectors throughout the country. General Court of
Audit ccounting offers various services, including auditing, accounting, tax preparation, financial
reporting, consulting, and advisory services (Eyeofriyadh.com n.d). Additionally, it provides
services for risk management, financial advisory, and treasury management. There are various
divisions within the organization. The first is the Auditing Division, which conducts financial
audits to guarantee accuracy and adherence to relevant legislation. The second is the Accounting
Division, responsible for maintaining correct bookkeeping and creating and analyzing financial
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accounts and reports (Payment, clearing and settlement systems in Saudi Arabia. n.d.). The Tax
Planning Division, which offers advice on tax-related issues and helps clients create tax strategies
and filings, comes in third. The division in charge of financial reporting is in order of gathering
and evaluating financial information. Determined and managed by the Financial Advisory and
Risk Management Division.
Figure 1:Organization structure
Figure 2:Major Service of the firm
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Accounting standards and principles and telecommunication technologies used in the
organization
Various accounting standards and concepts are applied at General Court Accounting in
Dammam, Kingdom of Saudi Arabia, to guarantee accurate and efficient record-keeping. In order
to keep financial records and guarantee compliance with pertinent rules and regulations, both
Generally Accepted Accounting Principles (GAAP) and International Financial Reporting
Standards (IFRS) are used (IAS Plus, n.d.). Additionally, it also abides by the Sharia-based norms
and regulations of the Saudi Arabian Ministry of Finance. Therefore, all financial transactions are
accurately and promptly reported in conformity with these guidelines. For efficient and productive
financial operations, the firm uses a variety of telecommunications technologies. All financial data
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is stored and managed using database systems. Financial information are easily shared with
coworkers, business partners, and clients through instant messenger applications.
The quality planning and control activities
The General Court Audit organization in Dammam, Kingdom of Saudi Arabia, bases its
quality planning and control operations on a strict monitoring system. The highest standards of
quality are upheld throughout all processes and operations. Planning, monitoring, evaluating, and
enhancing already-existing procedures and services are all part of quality planning and control
operations. The creation of a Service Quality Plan is one of the quality planning and control
activities that take place throughout the service group’s life cycle. The goals for the organization’s
services’ quality are outlined in this plan, along with the steps and supplies needed to achieve the
goals and the roles and duties of each employee or stakeholder. The plan also describes how quality
control procedures will be carried out during the course of the service groups’ lifetimes.
Establishing standardized processes, methods, and controls is part of quality control activities
carried out throughout the life cycle of the service groups to guarantee that all services are provided
consistently. In order to maintain the agreed-upon quality standards, the company also makes sure
that any changes to the services are tracked and reviewed. Additionally, frequent audits and
inspections are carried out to assess how well the services function in comparison to the stated
requirements.
Financial analysis and decision-making methods used by corporate treasurers and financial
managers
Cash flow analysis, budgeting and forecasting, capital structure analysis, risk management,
financial statement analysis, and sensitivity analysis are just a few of the financial analysis and
decision-making techniques used by corporate treasurers and financial managers in the General
Court of audit in the Kingdom of Saudi Arabia, Dammam. Analyzing an organization’s cash
inflows and expenditures over a specified time period in order to spot any potential issues or
opportunities is known as cash flow analysis. Creating a financial plan for the upcoming year,
including revenue and expenses, is the task of budgeting and forecasting. A capital structure study
assesses the organization’s use of debt and equity to fund its activities. Risk management evaluates
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the dangers connected to various financial plans and decisions. Analysis of financial statements is
used to assess the performance and financial situation of the firm. Last but not least, sensitivity
analysis analyzes how modifications to a few factors might impact a company’s overall
performance.
Human resources analysis
The effectiveness and efficiency of the organization’s human resources are evaluated using
a process known as “cost system analysis,” sometimes known as “human resources analysis.” In
this kind of analysis, the organization’s employment levels, labor costs, job responsibilities, job
descriptions, and training requirements are often examined. It also entails evaluating the skills and
talents of the current workforce to see if they meet the goals and objectives of the firm. The General
Court of audit in Dammam, Kingdom of Saudi Arabia, employs a cost system strategy for doing
human resources analysis. It includes evaluating the costs of hiring, training, and managing people,
as well as the costs of employee benefits and other relevant costs. The cost system approach also
examines how staff churn, absenteeism, and other elements may have an impact on an
organization’s bottom line. In addition, the effectiveness of various organizational structures and
management philosophies is examined using the cost system technique. The organization can
decide how to use its people resources by carefully considering these criteria.
Chapter 2: Internship Activities
Coworkers
At the General court of audit my supervisor was Khaleel Alowis. I had the opportunity to
work with a range of coworkers during my internship. These people included the head of the
department, the court accountants, the administrative staff, and the finance team. The head of the
department was in charge of giving the court accounting department broad guidance and ensuring
that all accounting and financial activities complied with all laws and standards. The court
accountants controlled the court’s daily financial operations, including budgeting, accounts
receivable and payable, fee collecting, and audit coordination. The administrative team provided
the court support services, such as document filing, data entry, and record keeping. Lastly, the
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finance department was in charge of all financial operations, including budgeting, accounts
receivable and payable, and financial statement analysis.
Departments of the company
All financial operations within the court system are supervised and managed by the General
Court Accounting department. The general court manager oversees accounts payable, receivable,
budgeting, financial reporting, and auditing. The department also sets guidelines and regulations
for the court system’s financial operations and ensures that all financial rules are followed. The
department is divided into sub-divisions: accounts payable, accounts receivable, budgeting,
financial reporting, auditing, and financial compliance (Arabosai. n.d.). Tracking and collecting
payments from court clients and other entities is the responsibility of the fund’s receivable team.
The accounts payable department handles payments to vendors, staff, and other entities.
Generating and upholding the judicial system’s budget falls on the budgeting staff. The Ministry
of Justice and the Board of Directors of the court system are two stakeholders who receive financial
reports that are produced and submitted by the Financial Reporting team (Arabosai. n.d.). The
auditing team is in charge of checking the correctness of the financial statements for the judicial
system. Lastly, the Financial Compliance Unit ensures the judicial system complies with all legal
and regulatory obligations.
Activities undertaken during the internship
As an intern, I was responsible for performing various tasks related to audit adjusting
accounts, audit adjusting entries, audit closing entries, Recording the accounting entries for the
transactions of government agencies, and Reviewing government expenditures; Documentary,
technical, accounting, and restrictive review. First, I had to check records and documentation to
ensure that all financial transactions were appropriately recorded before I could audit adjusting
accounts. I needed to have good analytical abilities to find contradictions and inconsistencies in
the data. I also had to use my problem-solving skills to offer remedial actions to fix any mistakes.
I also must keep up with the most recent laws and guidelines controlling the financial industry.
Secondly, I had to check the accuracy of the financial records and spot any anomalies in order to
audit the correcting entries. This involved looking over accounting records and assessing the
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College of Administration and Finance Sciences
validity of financial data. To ensure they adhere to the most recent laws and regulations, I also had
to check the internal controls overseeing economic activities. I could find any irregularities during
the accounting procedure because of my research abilities. These roles contributed to the
improvement of my Knowledge of the economic environment.
Also, I had to audit closing entries by reviewing the company’s financial statements and
ensuring that all necessary adjustments had been made before the financial statements were
released. This role required me to have a thorough understanding of accounting standards and the
ability to interpret financial data accurately. Additionally, I needed to identify areas where
adjustments may need to be made. In addition, I was primarily in charge of entering accounting
information for government agency transactions. A thorough understanding of accounting
concepts and best practices was required to complete this work. I did documentary, technical,
accounting, and restraint reviews of government spending in addition to entering entries. I had to
be able to see any potential inconsistencies or problems with the documents provided, which meant
keeping up with the most current rules and legislation about government expenditure.
Table 2:Work samples during the internship
Income statement
Year ended 31st December 2022
Total in $
Revenue
Operating income
Operating cost
Operating profit
Financial expenses
Financial income
Net loss
Tax profit
Profit on disposal of interest
Profit before taxation
taxation
Profit of the year
22,125
400
(18, 910)
3,615
(500)
40
(460)
10
3175
(875)
2,300
Skills gained
This internship training provided me with an excellent opportunity to develop several
abilities, including Knowledge of accounting principles, including debits and credits, analysis
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skills to find any issues in the financial records, working Knowledge of the computer systems used
to monitor economic data, ability to analyze data using a spreadsheet, database, and other software
systems, superior verbal and written communication abilities, and ability to function both
individually and as a team. I gained a better understanding of various accounting document types
and their ramifications. Additionally, I developed skills in examining and analyzing financial
records, including invoices, receipts, and vouchers. Also, I had the chance to learn more about the
numerous rules and laws that control how the government accounts for public funds. I also
mastered conducting technical, documented, and constrained government spending reviews. I was
able to improve my critical thinking abilities and my attention to detail through this method.
Additional activities and incentives
I was exposed to many activities that needed to be connected to my accounting program.
These jobs included assisting with daily office activities, including filing documents, running
errands, and organizing files. I also had the chance to help with administrative tasks like arranging
appointments and scheduling calendars. I received various rewards from the company to motivate
me to work harder and more productively throughout my internship. First of all, the supervisor
verbally praised and thanked me for my efforts. The head of the department also gave me a chance
to participate in seminars and workshops relevant to my industry, which helped me learn new
information and develop new abilities. In addition, as I advanced during my internship, I was given
more responsibility and flexible hours. Finally, I was given a chance to work on tasks unrelated to
my initial job description, which allowed me to obtain practical experience.
Working documents and analysis
I worked on several financial transaction-related documents, including financial
statements, journals, ledgers, and other relevant paperwork. Additionally, I got the chance to
analyze and review various economic subjects, including budgeting, cash flow, tax laws, and
performance indicators. Also, working with numerous software applications like QuickBooks and
Microsoft Excel gave me invaluable knowledge. I had the chance to collaborate closely with senior
management to support their decision-making regarding accounting operations. I had the
opportunity to learn more about internal controls and auditing procedures during my internship at
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General Court Accounting. This included understanding the significance of adhering to local rules
and regulations and accounting concepts. Through the training, I improved my comprehension of
the criteria for financial reporting, including how to create financial statements that adhere to
accepted standards and rules.
Comparison between theory and practice
Being an intern was a great chance to connect theory and practice. I could use the
knowledge and abilities I had learned in the classroom in real-world situations. I gained a deeper
comprehension of the accounting procedures and principles I had been learning about and a greater
awareness of the different particulars involved in accounting. I studied the fundamentals of
accounting in the classroom, including bookkeeping, financial statements, budgeting, and taxes.
However, I could observe how these theories were put into practice while working for the
company. I had the opportunity to see how the accounting staff collaborated to guarantee data
management and correctness. I also saw the various methods and approaches the accounting team
employed to handle the accounts. I had the opportunity to put my academic understanding into
practice as an intern by assisting with payment processing, transaction reconciliation, and
transaction documentation. Thanks to all of these encounters, I could compare the theories I had
studied in the classroom with the reality of the work I was doing in the company.
Lesson learned
Generally this internship gave me essential knowledge of government accounting
functions. I developed my critical thinking and attention to detail while gaining experience in
various accounting responsibilities. These encounters have been crucial to my career as an
accountant and equipped me for a lucrative profession. Through the internship, I learned that
teamwork results in greater problem-solving and that better decisions are made by sharing ideas.
It is, therefore, essential to keep the focus on accounting principles for better results.
Chapter 3: Recommendations
Advantageous that helped complete the training program
The chance to obtain an in-depth understanding of the Saudi Arabian court system was one
of the main benefits that helped me complete the internship program at General Court Accounting
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College of Administration and Finance Sciences
in Dammam. Throughout my time there, I got the opportunity to see how judges and clerks
collaborated to assess and evaluate legal papers and how to organize, file, and preserve them. I
also gained first-hand knowledge of the court system’s accounting and financial procedures,
including forecasting, budgeting, and other economic issues. I now understand the Saudi Arabian
judicial system’s inner workings of the legal field. I also got to network with people from different
backgrounds engaged in the same activities, such as working or studying. This interaction helped
me increase my knowledge base and gave me excellent insight into the various elements of the
profession. In addition, the internship helped me improve my interpersonal and communication
skills, which help execute accounting tasks.
Disadvantageous and challenges faced
The language barrier was one of the main obstacles since it was tough for me to
communicate with my coworkers and managers because English was not a common language in
the office. (Mallat, 2022).To overcome this obstacle, I took the initiative to learn some
fundamental Arabic terms and phrases. The industry helped me communicate more effectively and
finally form relationships. The region’s culture and customs also required some adjustment on my
part, which was intimidating at first, but I quickly realized I could do it by interacting with my
coworkers. The lack of experience was another bad aspect for me. Despite having a strong
knowledge in accounting, I still needed to understand many of the responsibilities of the position
entirely. I looked for information, conducting research, and consulted with more knowledgeable
colleagues to address this issue. I could better grasp my duties and perform them to the best of my
ability. Overall, despite the difficulties I encountered while working as an intern at General Court
Accounting, I still gained practical new knowledge and skills from experience.
Recommendations to improve training program in the college
I suggest a few changes to the college to better training programs for the learners. The first
step is to create a thorough training program syllabus that explains the program’s objectives and
aims. This change will ensure that students can adequately prepare for their studies and that
trainees are informed of the requirements and standards of the program. The second step is to give
trainees the necessary materials and equipment. Textbooks, course materials, lecture notes, and
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College of Administration and Finance Sciences
technological learning aids, including internet sources, webinars, and interactive platforms, enable
the learners to get a better understanding of their expectations in the training field as well as their
roles so that it will be not difficult for the students to adapt in the firms they are assigned (Anjum,
2020). The third step is to create an assessment and evaluation system that monitors student
progress and enables professors to offer advice and criticism. Exams and quizzes should also be a
part of this system to assess students’ progress further. The college should also include a mentoring
program to determine if the learners are doing the right tasks and whether the expected knowledge
the student is supposed to gain is intact (Anjum, 2020). This monitoring will make it possible for
experts in the industry to mentor learners and give them advice throughout the program. By doing
monitoring and assessments, graduates will be assured of their readiness for the workforce.
Recommendation for the training company
I urge the training organization to hire qualified professional experts and concentrate on
offering high-quality training and instruction. It should also create a network of companies and
employers to aid graduates’ employment (Anjum, 2020). General Court Dammam needs to develop
marketing plans to contact potential applicants and build a solid reputation. Lastly, it should offer
attractive incentives and compensation plans to top-notch instructors.
Conclusion
The training program was a great chance to exercise the theory learned in class into
practice. I learned accounting principles during the internship, thereby growing my experience in
the accounting profession. During the training, I improved financial reporting criteria, including
creating a financial statement that adheres to the accepted standards and rules. Learners need to
undertake internship programs as the training helps learners develop work-related skills such as
teamwork, decision-making, communication, and problem-solving skills are essential for the
accounting profession.
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References
Anjum, S. (2020). Impact of internship programs on professional and personal development of
business students: a case study from Pakistan. Future Business Journal, 6(1), 2.
https://doi.org/10.1186/s43093-019-0007-3
Arabosai. (n.d.). Success stories. Retrieved from http://www.arabosai.org/En/successstories_7_398
General Court of Audit. eyeofriyadh.com. (n.d.). Retrieved from
https://www.eyeofriyadh.com/directory/details/80_general-court-of-audit
IAS Plus. (n.d.). Financial reporting framework in Saudi Arabia. Retrieved from
https://www.iasplus.com/en/jurisdictions/asia/saudi-arabia
Mallat, C. (2022). The Normalization of Saudi Law. Oxford University Press. ISBN:
9780190092757
Payment, clearing and settlement systems in Saudi Arabia. (n.d.). Retrieved from
https://www.bis.org/cpmi/publ/d105_sa.pdf
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