Internship Management

Running Head: INTERNSHIP MANAGEMENT
INTERNSHIP MANAGEMENT
Name of the Student
Name of the University
Author Note:

INTERNSHIP MANAGEMENT1
Section A
1. Discuss the progress you have made since the Portfolio 1 submission and any further
key tasks (refer to your hours log) you have undertaken in your placement.
 My task was to assist in preparing income tax return of individual and business in my
current business organisation. The major of my placement organisation provided a
theory of optimal inheritance taxation (Piketty & Saez, 2013) that helped me to
acquire my responsibilities in this current organisation.
This theory has taught about optimal tax rate which is qualitatively high
according to high concentration and low elasticity. Society provides less importance
for the less inheritance receive.
In the placed organisation, I was provided with two responsibilities as an
accountant intern. First, one is assisting in preparing income tax return, secondly
tracking, and providing follow up of client’s payment. The mentioned theory provided
me the idea of relation between labour income and capital income.
Key Tasks Theories
Relevancy to
Accounting major
How this theory helped to
complete tasks
Any gaps in
knowledge
Assisted in
preparation of
income tax return
of individual and
business
Theory of optimal
inheritance taxation
Understanding about long-
term ideal inheritance tax
and its expressive
parameters.
Concentrates only
on long-term
inheritance optimal
tax rates.
Account receivable
- Performed duties
of tracking
Intrajurisdictional
property tax and
Detailed understanding of
property tax.
Fragmented
knowledge about

INTERNSHIP MANAGEMENT2
payments of clients
and following up
capitalization. tracking client’s
payment.
2. Reflect and evaluate on your performance in the role in weeks 4-7 (with specific
workplace evidence and examples).
 As an intern, I have learned about my own responsibility. Monitoring the performance
of the other employees I have acquired some behavioural characteristics appropriate
for this firm only. It includes profession oriented thinking or mind-set, ability to keep
vigil, working flexibility, and most important is loyalty and commitment towards the
organisation.
3. Discuss the significance of your role and the value that you have added to your team and/or
organisation and how this has developed throughout your placement.
 As an accounting intern, my first activity should be showing eagerness towards
learning and acquiring my new responsibilities. I am leading with the learning phase
that requires adaptability to become familiar with the work culture. I have
acknowledged developing these skills in me spending seven weeks in this
organisation.
Section B
1. Developed TWO goals for your professional skills to work on during your placement.
 Goal one: Acquiring Time management Skill.