Assignment Type Of Firm And Industry - 1615 Words

III. Description of Internship Assignment a. Type of firm and industry The firm I conducted my internship at is Robert C. Alario CPA PC. It is an accounting firm based in Leominster Massachusetts but with offices also in Harvard, Massachusetts and Worcester Massachusetts. The firms serves the public accounting needs for individuals, corporation, and non-profit entities. Their services include tax planning and preparation, payroll services, bookkeeping, auditing, QuickBooks assistance, financial statement preparation, and college planning. The firm is comprised of two partners, and boasts about 15 full time employees. The public accounting industry seems to have an underserved market. This is especially evident during tax season,†¦show more content†¦Other duties include preparation of client trial balances for input in ProSystem fx Engagement, and preparation of client binders in the same system. I also routinely prepared reports from Quickbooks, including balance sheets, profit and loss statements, and trial b alances. Furthermore, I conduct client write ups, and reconciliation in Quickbooks. This consisted in accurately inputting checks and deposits into Quickbooks from client provided check registers, and then reconciling them with the clients bank statements. During any down time I helped out the office administration team. In this capacity I pulled or returned files from the central filing room for the tax prepares, answered phones, along with other general administrative work in the office. d. How the job requirements and duties of this specific function interrelated with other jobs and the role of other functional areas with in the firms. I learned that in this office there was a specific process during tax season to prepare the tax returns. It started with receiving the client documents, and it ended with the return of the completed tax return to the client. First the admin team would receive all documents from the client, pull the clients file, or create a new one. Then the admin team would pass the documents and the file to an intern like myself. At this stage I believe my task, of sorting throughShow MoreRelatedAcc 403 Week 8 Assignment 21144 Words   |  5 PagesACC 403 WEEK 8 ASSIGNMENT 2 To purchase this visit here: http://www.activitymode.com/product/acc-403-week-8-assignment-2/ Contact us at: SUPPORT@ACTIVITYMODE.COM ACC 403 WEEK 8 ASSIGNMENT 2 – AUDIT PLANNING AND CONTROL It is common industry knowledge that an audit plan provides the specific guidelines auditors must follow when conducting an external audit. 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