To give an idea of the sort of work you might be doing as a Bachelor of Accounting student during your Internships, here are some extracts from the work diary of a typical student in the first Internship:

1. Week 2 of 23 - Corporate Reporting Team

Monday

• Filled in forms, using data from the Intranet site, for the annual ABS Economic Activity Survey.
• Updated exchange rates for the current month.
• Afternoon tour of operations site with a group of graduate inductees.

Tuesday

• Compiling data for the Annual Report (due for release at next month's AGM) and checking draft reports for errors. They even asked me to proof-read and edit the text!
• Lunch with a class-mate who works nearby.
• Special project for Financial Accounting Manager - created a spreadsheet to compare the movement of Share Capital Reserves over the last 20 years, using data from past Annual Reports.

Wednesday

• Compiled a depreciation summary for the half-year, and updated capital expenditure reports.
• Updated budget forecasts for various divisions.
• Afternoon meeting with supervisor to discuss topic for my Australian Corporate Environment project.

2. Week 9 of 23 - Accounts Receivable

Tuesday

• Morning duties of reconciling accounts and processing payments.
• Afternoon training in writing up cheque deposits and doing the banking.

Wednesday

• Morning duties of reconciling accounts and processing payments.
• Afternoon monthly meeting with Human Resources staff to discuss progress of the Internship.

Thursday

• Month-end reconciliation of customer account balances with ledger balances.
• Half-day off for study - researched my ACE project topic.
• Business Finance class at UTS at 6 pm.

3. Week 16 of 23 - back in Corporate Reporting

Wednesday

• Printed and checked monthly Trial Balances for various subsidiary companies.
• Wrote up a budget comparison summary report for the Financial Controller.

Thursday

• Made copies of subsidiary accounting reports for filing.
• Copied and distributed due dilligence questionnaires for various corporate divisions.
• Attended Corporate Reporting team meeting for updates on work for next month.

Friday

• Corporate expenditure analysis - aggregating figures into spreadsheet report.
• Lunch with friends from Accounts Receivable team.

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