Internship Journal– 1st Two Weeks

IJ OnUterRnNshAipL 1ST TWO WEEKS

NAME: JANNIELLE CULLADO WHERE: MOORE ROXAS CRUZ TAGLE AND CO. DATE: FEB. 20- MAR. 03, 2023

1ST TWO WEEKS FEBRUARY 20, 2023 Today marks the first day of my internship. I reported to the office along with my co-interns and attended our internship orientation. The orientation provided valuable information about the company's culture, policies, and expectations. In addition, during the orientation, we were assigned to our respective groups for the entirety of our internship period. I am lucky enough that I am grouped with individuals whom I have previously worked with and/or have a prior relationship with. This assignment has provided me with a sense of familiarity and comfort as I embark on this new chapter in my professional journey. I am grateful for the opportunity to work alongside colleagues whom I trust and admire, and I am confident that our shared experiences and prior relationships will enhance our ability to work collaboratively and achieve our team's objectives. Further, we were asked to review and sign the internship contract by the company. The contract outlines the terms and conditions of our internship, including our roles and responsibilities, the duration of the internship, and any relevant company policies. Signing the contract represents our commitment to the company and our willingness to adhere to the terms of our agreement. We take this responsibility seriously and look forward to contributing to the company's success during our time here. Our signatures were also requested for the Non-Disclosure Agreement (NDA) to ensure confidentiality and protect the company's and its clients' sensitive information. The NDA serves as a reminder of the importance of maintaining confidentiality and the trust the company has placed in us as interns. We take this responsibility seriously and will uphold the terms of the NDA throughout our internship with the company.

1ST TWO WEEKS FEBRUARY 20, 2023 Lastly, I had the opportunity to meet and network with other interns, employees, and our Partner-In-Charge which was a great experience. Overall, the orientation was informative and helped me gain a better understanding of the company and my role as an Audit intern.

1ST TWO WEEKS FEBRUARY 21-23, 27-28, 2023 A t t h i s p e r i o d , n o t a s k s h a v e b e e n c o m p l e t e d b y t h e t e a m a s w e are still awaiting the assignment of tasks. Our team is eager to commence work and is fully prepared to take on any tasks assigned to us. During this period, we have been actively communicating with the relevant parties to ensure that we are updated as soon as any tasks become available. We understand the importance of prompt task completion and are committed to completing them with the highest quality and within the designated timeline. While waiting to be given a task, our team had the privilege of meeting our assigned senior associates, namely Sir Guian and Ate Jane. As key points of contact for our team, they will be responsible for disseminating important information and assigning tasks to our group. We are confident in their leadership abilities and look forward to working closely with them to accomplish our shared goals. Their guidance and mentorship will be invaluable to our professional development during this internship period.

1ST TWO WEEKS MARCH 01, 2023 F i n a l l y , o u r t e a m h a s b e e n a s s i g n e d i t s f i r s t t a s k a s i n t e r n s . T h i s marks an important milestone in our internship journey, as we have been eagerly anticipating the opportunity to apply our skills and contribute to the company's success. Our first task required collaboration with one another and since I am very well familiar with my group mates, the division of tasks between us went smoothly. Our first task necessitated a collaborative effort among team members. Given my familiarity and established working relationship with my group mates, we were able to seamlessly divide tasks among ourselves. The efficient distribution of responsibilities allowed us to maximize our individual strengths and effectively tackle the task at hand. Our team remains committed to working cohesively to ensure successful task completion and contributing to the company's overall success. To be more specific, our first task required us to perform Footing and Cross Referencing of Financial Statements. Footing refers to the process of adding up columns of numbers in a financial statement to ensure that the mathematical calculations are correct. This procedure helps to identify any potential errors or discrepancies that may require further investigation. Cross-referencing, on the other hand, involves comparing information from different sources to ensure consistency and accuracy. In our case, we were asked to check if the Note reference is correct as well as if the amounts can be referred to accordingly. This procedure helps to ensure that the financial statement accurately reflects the company's financial position and performance.

1ST TWO WEEKS MARCH 01, 2023 T o g e t h e r , t h e s e t w o p r o c e d u r e s h e l p t o e n s u r e t h e r e l i a b i l i t y a n d accuracy of financial statements, which is an essential component of a successful audit.

1ST TWO WEEKS MARCH 02, 2023 Today's work plan includes the continuation of yesterday's task. Given the complex nature of the assignment, additional time is required to ensure that all aspects are thoroughly addressed. Upon completion of my portion of the collaborative task, I somehow assumed a leadership role and provided guidance to my fellow group members, ensuring that all subsequent aspects of the assignment were thoroughly completed in a timely and efficient manner. With a focused approach, our team was able to submit the task output to our senior associate, Sir Guian, before the conclusion of the day. Our team remains dedicated to upholding the highest standards of quality and professionalism as we continue to work on our upcoming assignments. On this day, Sir Guian also endorsed me to one of the junior associates, Ate Marimar for her to give me additional tasks. During the course of the day, Sir Guian, our Senior Associate endorsed me to Ate Marimar, one of the firm’s Junior Associates for the purpose of being assigned additional tasks. I am committed to taking on new challenges and responsibilities in furtherance of our team's goals and objectives. I look forward to working collaboratively with Ate Marimar and other members of the team in pursuit of our shared goals.

1ST TWO WEEKS MARCH 03, 2023 T o d a y , I r e c e i v e d a n e w a u d i t t a s k f r o m A t e M a r i m a r i n v o l v i n g vouching of BIR forms. This crucial assignment requires meticulous attention to detail and an in-depth understanding of applicable regulatory requirements. As an intern committed to continuous learning and growth, I proactively seek clarification from Ate Marimar whenever necessary. I am not hesitant to ask questions and express any confusion I may have to ensure that I fully understand the task at hand. This approach enables me to complete assigned duties efficiently and effectively while also contributing to my personal and professional development. Before the day ends, I successfully completed the assigned task and promptly submitted the output to Ate Marimar.