A Report

MVP Samaj’s
KRT Arts BH Commerce and AM Science (KTHM) College,
Nashik

Department of Commerce

Internship Programme (2023 – 2024)

(Business Statistics)
FOR THE PARTIAL FULFILMENT OF THE DEGREE
BACHELOR OF COMMERCE UNDER
SAVITRIBAI PHULE PUNE UNIVERSITY PUNE

Third Year B. Com. (Semester VI)

Under Choice Based Credit System
(Duration 60 hours)

Subject : Business Statistics II & III

Name of Student : Bhushan Laxman Deore

Roll No. : 404

Division : C

Name of Subject Teacher : Prof . S. K. Dharrao

Name of Organization : Souarbh A. Chaudhari & Co.

 Maratha Vidya Prasarak Samaj’s
K.R.T. Arts, B.H. Commerce & A.M. Science (K.T.H.M) College,
Nashik
Internship Programme 2023-2024
CERTIFICATE
This is to certify that,
Shri. /Smt./ Kum. Bhushan Laxman Deore
of T.Y.B.Com Div. and C Roll No. 404 has
satisfactorily completed Internship in the Subject
Computer Programming And Application in Organisation
Souarbh Ashok Chaudhari & Co. as laid down by the Savitribai
Phule Pune University, Pune for the Academic Year 2023-2024

1) Subject Teacher 2) Subject Teacher Head – Dept. of Commerce

(Name & Sign) (Name & Sign) (Name & Sign)

1) Internal Examiner 2) Internal Examiner 1) External Examiner 2) External Examiner

(Name & Sign) (Name & Sign) (Name & Sign) (Name & Sign)
 Index

Sr. No Content
1 Name of the organization
2 List of Content Learn
3 Allocation of 60 hours
4 List of the officers and the staff members
5 Name and designation of the officer
6 Work Profile
7 Actual work performed
8 List of Skills learnt
9 List of Problems faced
10 How the problems were addressed
11 List of Contribution made towards better
functioning the organization
12 List of the skills required to perform the
assigned task
13 Opinion of the student
 1- Name of the Organization

 Name of the Organization : Sourabh A. Chaudhari & Co.

 Address : 4 , Janak Apt., Opp I.D.B.I. Bank, Thatte Nagar,

Gangapur Road, Nashik-422013

 Contact : +91 99227 67890

 Email ID : casourabhchaudhari@gmail.com

 Industry : Management consultancy activities,

Education, Accounting, Book-keeping and
Auditing activities; Tax consultancy
 02- List of Content Learn

 Build Good Network :

During my internship. I learned how to communicate and build relationships
with the people I worked with. I learned how to introduce myself, talk about any
interests, knowledge and skills with entrepreneurs and business owners, as well
as how to ask questions and gain a better understanding of businesses not only
in the co-working space, but also in the market. This process overall helped me
develop my professional network and emphasized the importance of creating
these connections. I also connected with the most of them via LinkedIn, which
is obviously a great networking platform for professionals.

 Understanding Workspace Culture :

Culture influences communication, and as an international student, I learned that
every company or organization has its own culture. It's essential to observe others
and learn how they engage and interact with co-workers, or help them with
projects and tasks. I quickly learned that whenever something is unclear for
me, or I don't understand, it's fine to ask for clarification.

 Keeping a journal is great for personal growth :

During my internship, I had a journal and took note every day about new things I
learned, I was given by my manager, strengths and weaknesses I noticed, and
things I wanted to research and learn more about. This helped me understand
myself more and identify the areas that I needed to improve in.

 How important good communication is :

Communication is the key to success in a professional environment. I learned
that it's important to communicate with my manager via phone, email or SMS
if I have questions or if I don't know how to work on task. Asking for help and
clarification is better than pretending you've understood what you need to do, no
matter what. However, I also found that if you can Google something, then do.
Avoiding asking questions if you can find answers elsewhere is part of being a
good communicator - keep in mind that everyone's time is valuable. As an
intern, good communication will help with productivity, efficiency, engagement,
and growth.

 The benefits of taking on feedback :

Asking for and receiving professional feedback is very important. It is essential
to take note of both the positive and negative points for the future, so you can
grow and excel in your career.
 03- Allocation of 60 hours

Sr. Date Day In time Out time Total Hrs. Skills

No.

1 13/12/2023 Wednesday 11:00 AM 6:00 PM 6:00 Hrs. Journal Entries in

Tally
2 14/12/2023 Thursday 11:00 AM 6:30 PM 6:30 Hrs. Voucher Entries in
Tally
3 15/12/2023 Friday 11:00 AM 6:00 PM 6:00 Hrs. Excel Workings
4 16/12/2023 Saturday 11:00 AM 6:30 PM 6:30 Hrs. Bank Entries in
Tally
5 18/12/2023 Monday 11:00 AM 6:30 PM 6:30 Hrs. Learned the
Basics of
Accounting
6 19/12/2023 Tuesday 11:00 AM 6:30 PM 6:30 Hrs. Sales Voucher
Entries in Tally
7 20/12/2023 Wednesday 11:00 AM 6:00 PM 6:00 Hrs. Filling GSTR-1
Return
8 21/12/2023 Thursday 11:00 AM 5:00 PM 5:00 Hrs. Purchase Voucher
Entries in Tally
9 22/12/2023 Friday 11:00 AM 6:30 PM 6:30 Hrs. Filling GSTR-3B
Return
10 23/12/2023 Saturday 11:00 AM 6:00 PM 6:00 Hrs. Interaction With
Clients
Total 61:30 Hrs
 04 - List of the Officers and the Staff Members

List of the officers and the staff members of the Internship Providing
organization with designations.

Sr. No. Name of Officers/Staff Designation Contact Number

1 Mr. Sourabh Ashok Chaudhari Proprietor & CA 9922767890
2 Mr. Sachin Mangale Senior Accountant 9960097037
(GST)
3 Mr. Bhavesh Khillari Junior Accountant 9373372915
(GST)
4 Ms. Ashwini Jagtap Senior Accountant 8600472094
(Income Tax)
5 Ms. Sakshi Kharde Senior Accountant _
(Income Tax)
 05-Name and Designation of the officer

Mr. Sachin Mangle is the Senior Accountant of (GST Department)

of Sourabh A. Chaudhari & Co.. They play important role in my

Internship Programme. Their guidance is very helpful for me for

working very effectively in the company. If I have any problem about

any process I asked him, & they teach me it very carefully &

gracefully. He is very polite person & their knowledge is superior.

Working under their guidance build my confidence & work of ethics.

So , thank you to him for such guidance.

 06-Work profile

My job profile as a Junior Accountant In (GST

Department). Accountant are in great demand in government
sector, private sector, development agencies, education, training &
research sector as well as in service and public utility sector.

Working as Junior Accountant & Auditor is helping with

the Auditing process, provide clients support and understanding
requirement between the client and the company.

A junior accountant is an entry-level position in an accounting

firm or department. A junior accountant's duties include posting
journal entries, updating financial statements, maintaining accounts
receivable and accounts payable, GST workings, and preparing
GSTR-1 and GSTR-3B Returns.

Responsible for the general accounting function including

preparing Journal entries, Purchase Voucher entries and Sales
Voucher entries and bank reconciliations. Assisting with monthly
closings and account analysis and supporting the senior accountant
in carrying out the responsibilities of the accounting department.
 07- Actual work Performed

 Learned how operate software’s like Tally Prime , MS-Excel ,

MS- Word.

 Maintained records of vouchers, Accounting entries in Tally.

 Prepared GST Working Sheets in MS-Excel.

 Financial Accounting and Reporting, GST Returns.

 Advising management teams on practical organisational skills,

such as delegation strategies and planning of work

 Helping with decisions on matters like product ranges and pricing.

 08- List of Skills learnt

Explain Skills learn related your Special Subject

Skills learnt during the Internship Programme

 Communication skill
 Decision making
 Teamwork
 Computer skill
 Data Management
 Time management
 Technical skill

 Related to subject : Need to take some decision, so the

decision making skill is important. Second is necessary to
communicate with customer so the communication skill is
also perform by me.

For example :
 Analytical thinking
 Verbal communication
 Problem – solving
 Decision making

Data analysis :

Data analytics is a scientific practice that involves analyzing

raw data so that you can make informed conclusions from the
information you gathered. There's a wide range of techniques, methods
and processes for collecting data. These techniques have varying uses
depending on the amount and type of data you're trying to collect.
 Problem-solving :
When you view data and statistics, you're often seeking to gain
some insight to help you solve a problem, make a decision, make an
improvement or create a solution. In this way, one of the primary
purposes of statistics is to find solutions to problems. Problem-solving
requires the ability to think clearly about a particular condition or
circumstance, and then identify probable resolutions to them. With this
skill, you can handle difficult situations more efficiently and make
more beneficial decisions.

 Critical thinking :
Critical thinking is a skill that refers to your ability to look past
superficial indicators to determine what something truly means.
Critical thinking begins with making an observation about a specific
piece of information and then analyzing it for any useful details. Me
then make an inference of those details and think seriously about
whether they make sense within the wider context of my analysis.
This is a skill that helps me make better judgments and form more
logical thoughts and ideas.

Computer competency :
During my internship in the accounting department, I leveraged various computer
tools and technologies to streamline processes and enhance efficiency. Utilizing
accounting software such as QuickBooks and SAP, I demonstrated proficiency in
managing financial transactions, generating reports, and analyzing data to support
decision-making. Additionally, I utilized spreadsheet software like Microsoft Excel to
organize and analyze financial information, create financial models, and perform data
visualization. Moreover, I developed a solid understanding of database management
systems, including SQL, which enabled me to extract and manipulate data for financial
analysis and reporting purposes. Through these experiences, I strengthened my
computer competency in accounting-specific software and tools, equipping me with
valuable skills for effectively managing financial information and supporting
organizational objectives
 09- List of Problems faced

Problems faced while performing the assigned task

• It’s you may have to face challenges from day one; problem like
unfamiliarity,
• And these unexpected problems are difficulties might make you want to
quit your Internship.
• It’s usual to feel disheartened and discouraged as situations like these,

1. Unknown about the concept : As a student we only have theoretical

knowledge about the subject but we don’t have practical knowledge
about how actually these implement in the IT sector or any other
organization. Hence we unknown about the concept and skills
required for practical experience.

2. Computer Typing : Typing is the process of writing or inputting text

by pressing keys on a typewriter, computer keyboard, cell phone, or
calculator. It can be distinguished from other means of text input.

3. Communication : Communication skill required proper speaking

language like Marathi, Hindi, English in better we’ll in this we face
the more problem in speaking English language. Communication also
required confidence in speaking and our personality.
 10-How the problems were addressed

How the problems were addressed to -

• Understood Assigned Enough work/concept

• Practice the computer typing
• Learned time management & self management
• Improve communication skills
• Solve the exercise & practice for Rough calculation

Understood assigned work /concept : The easiest way to solving this

Internship problem is by talking to your senior employee. Although this
could be embarrassing sometimes especially whey you have to do this
talk over and over again and nothing is being done.

Learned Time management & Self-management : I learned easily

forming a new habit self and time management achieved only through
forming new habits and consciously adopting a better organized life.
Makes conscious effort to work on this problem and watch it form into
a new habit.

Concepts learn more about competitors & co-interns:

• Keep an organized workspace

• Complete additional training
• Communicate with customer
• Decision making

Practice the computer Typing : Practice regularly and your fingers

will learn their location on the keyboard through muscle memory.
Sitting posture for typing. Sit straight and remember to keep your back
straight.
 11- List of Contribution made towards better functioning the
organization

 Contribution made towards better functioning the

organization:
During my internship, I actively contributed towards improving the overall
functioning of the organization through various initiatives and
collaborative efforts. I played a key role in streamlining existing processes,
implementing automation tools, and optimizing workflow procedures,
resulting in increased efficiency and productivity. By addressing
challenges head-on and leveraging my problem-solving skills, I
successfully resolved issues and provided valuable recommendations for
improvement. Additionally, my contributions to key projects and
collaborative efforts with colleagues led to tangible outcomes such as cost
savings, time efficiencies, and enhanced productivity. Overall, my
proactive approach, initiative, and collaborative mindset significantly
contributed to the better functioning of the organization during my
internship.

 Development of a model for better customer service :

Focus on the needs of your customer first. Use data to measure

your customer experience performance against industry
benchmark. Use data to identify opportunities to improve your
customer experience. Work with internal stakeholders to make the
improvements you’ve identified.
 12 - List of the skills required to perform the assigned task

 Effective prioritization.
 Workload management.
 Excellent attention to detail
 Effective delegation
 Advanced critical thinking
 Effective communication

1. Identify your personal values

The more committed you are to your own personal values , the easier it
is to avoid opportunities that may compromise those values. If you find
yourself working for a company that isn't aligned with your personal
values, there's a chance such an experience can lead to a reduction in
passion and commitment. Consider writing down your values and
asking yourself which are flexible and which ones you won't
compromise on.

When you apply for a new position, you can compare your list of
personal values to those of the company you're applying to. You can
also ask about the company's values and vision in the interview to get a
better idea of the company culture.
2. Develop self-respect and passion
Self-respect is an important component of commitment and passion. If
you respect yourself, what you do and what you stand for, you'll likely
feel more passionate about your work. Since confidence shows in your
work and your overall attitude, it's a trait that can cause others to take
notice.

Self-respect can be made up of a few key factors, including:

 Honesty and integrity
 Passion for goals and values
 Respect for others
 Self-awareness
Self-respect is often a key component in increasing your passion for
work, which can also increase your overall commitment. It can feel
great when you're creating projects that excite your creativity and
advance your career.

3. Try to reframe failure as a motivator

Failure is often a contributing factor in reducing your commitment and
passion for work. Though a failure or setback can feel detrimental to
your efforts, when you change how you view these experiences, they
can become a motivator rather than an inhibitor. Failure is something
that most professionals experience eventually, but it doesn't have to be
the end of projects or passion.
Experiencing a failure can be a great opportunity to look closer at your
methods and goals. Identify what went wrong in the process and what
can be fixed next time. You can also evaluate how the setback has
affected the project in the short and long-term and how you can turn it
around. Lastly, you can look inward to see what personal traits, values
or setbacks may have contributed to the overall problem. Discrepancies
present a unique opportunity to examine at your competencies and make
improvements, which can potentially increase passion and commitment
rather than reduce them.

4. Uphold your values

Sometimes, it can be challenging to find motivation and passion when
you're not consistently participating in projects you truly enjoy or care
about. While it's true that you may not always be able to work on
passion projects, you should try to purposefully seek opportunities that
you enjoy. With this, if you're currently serving in a role that offers less
excitement or passion than you'd like, you may consider making a shift.
It's important to keep a realistic sense of where you're going, but you
can also change your course when your projects or the company you
work for doesn't align with your values.
 13. Opinion of the Student

I have been both an amazing learning opportunity and a great deal

of fun during my 60 Hours of internship. The position has taught me a
lot of extra knowledge which I couldn't learn in the college and It has
kept me on my toes for three days straight. I found it was very
interesting and challenging when the tasks were assigned to me. It was a
great opportunity for me to join Dialog for my internship program
which allowed me to gain real-world experience. I had a variety of
duties which involved almost every aspect of the accounting. I in charge
of all the payments, bank transactions, money collections, approval
from different authority of people and so on. As I in charge of few
divisions, my work load is always so much especially end of the day.

One of the most interesting experiences for me was explore much

more details about our accounting information whereby a normal
accountant which never experience it before.
List of Document will be attached

1) Letter to Internship Providing Organization for inclusion of students - O/C

Copy

2) Undertaking from student about his/ her behavior to the college

3) Undertaking from student about his/ her behavior to the organization - O/C
Copy

4) Log Sheet of work performed during internship

5) Internship completion certificate

6) Feedback from internship provider organization

7) Feedback from student