W11 Day 52 of Nana's Internship
Activity
- Continued generating the bank reconciliation statements for the second bank account, focusing on November.
- Amended a previous client’s account work and completed a full-year bank reconciliation, based on Ms Chan’s review, and then passed the documents to the audit department.
- Adjusted a formula error in another client’s account, as pointed out by Mr Lim.
- Began a new task assigned by Ms Chan: keying in data for a combined income statement for a client who owns two different business incomes.
Key Learning
- Strengthened my ability to perform reconciliation and error correction under supervision.
- Learned to review and correct formulas in financial files, enhancing the accuracy of financial statements.
- Gained experience in preparing combined income statements, learning how to consolidate data from multiple business streams.
Reflection
Today
involved multiple tasks that required focus and attention to detail. I
continued generating the bank reconciliation for November and then amended
another client's account work based on Ms Chan’s review. Once corrected, I
completed the full-year bank reconciliation and submitted it to the audit
department. I also fixed a formula error in an Excel sheet pointed out by Mr
Lim, which reminded me how important accuracy is in financial reporting. Later,
Ms Chan assigned me a new task to key in data for a combined income statement
for a client with two different businesses. It was my first time working on a
combined account, and it helped me understand the importance of categorizing
income correctly. Overall, although the day was packed, I feel like I’m steadily
gaining more confidence and responsibility in my tasks.
