6th week-Thursday 13th Dec 2012

Today was the last day in my work-placement with AL Rostamani Communications. I had only corrected the report errors and reprint it and submit it again to FM.

6th week-Wednesday 12th Dec 2012

I was trained by the Senior Accountant she asked to me post 20 Customer Received Vouchers (CRV). Then print the Debit and Credit transaction.

6th week-Tuesday 11th Dec 2012

I was trained by Accountant; he taught me the Payments Procedure, the General Entries and the Bank Reconciliation.

6th week-Monday 10th Dec 2012

Today I have worked with the Admin and Account executive and she gave me a general idea about her work. For example, she is responsible of the “Petty Cash”. It refers to the expenses spent when the employees in ARC goes out to do some tasks related to their work such as meetings. So money they paid will be compensated to them as they present the petty cash form and the invoices.

The Admin and Account executive first calculate the invoices and then enter it to the system and divided them in categories. This process done to match their budget with their expenses and then it is used in preparing the Balance Sheet.

What I have done:

·        I had entered three petty cash for ARC-Dubai and one for ARC-Abu Dhabi

·        Then I wrote two cheques, one for total amount for ARC-Dubai and another one for ARC-Abu Dhabi

(The money will be withdrawal from the company’s account in NBQ)

·        After that I entered the cheques reference number, the amounts and the accounts numbers on the system. Show the Debits and Credit balances

·        Print it out for FM and GM signatures with the cheques attached to the papers

·        I have calculated the amount in the invoices that belong to each employee and check the categories. Insure that the totals are correct

I wrote a cheque for Etisalat in order to pay the manager’s Telephone expenses after deducting the cost of the personal calls

6th week-Sunday 9th Dec 2012

This week I’m assigned to be trained by the accounting department staff. Since it is the end of the year, accounting staff has to close the current year and do the budgeting for the next year. So, I was not trained by anyone.

5th week-Thursday 6th Dec 2012

As planned today is the report’s dead-line. So, as I reached the office I went through what I have written already and search for any error. Then I wrote the recommendations and the conclusion and finally print it out and submit it to the finance manager.

5th week-Wednesday 5th Dec 2012

Today I had discussed the findings; I had mentioned to him that I didn’t find a gap where the subordinates work didn’t match the managers’ expectations. After that I continue writing the report.