A Report on Internship Undertaken at

SRI RAM GANESH AND CO

Submitted on the Partial fullfillment of requirement

For the award of degree
The Undergraduate Programme in
B.Com Accounting and Finance
BY
VIJAYASHREE.M.R – 2213721034230
Under the guidance of Ms.Humsa.T N
Department of Commerce
Programme in B. Com (Accounting & Finance) Shift-II

M.O.P.VAISHNAV COLLEGE FOR WOMEN (Autonomous)

Chennai-600034

2024-2025
 DECLARATION

I humbly declare that this report on internship undertaken at SRI RAM GANESH AND
CO submitted in partial fulfillment of the requirement for the award of degree Bachelor of
Commerce (Accounting & Finance) is an independent and original work, carried out by me,
VIJAYASHREE.M.R (Register Number – 2213721034230), to the best of my knowledge
and belief, under the guidance of Ms.Humsa T N No part of the report has been submitted
previously to any institution for the fulfilment of requirement of any course of study. This
report has not been prepared for any other purpose like reproduction, investigation, or
publication.

Ms.Humsa T N
Faculty Advisor

Dr.Hemalatha M
Head of the Department

Submitted to M.O.P.Vaishnav College for women

On:

CERTIFICATE OF COMPLETION
ACKNOWLEDGEMENT
The satiation and euphoria that accompany the successful completion of the project would be
incomplete without the mention of the people who made it possible.

I owe my wholehearted thanks to the Principal Dr Dr, Archana Prasad for giving me the
opportunity to learn and gain practical knowledge through undergoing internship training.

I would like to take the opportunity to thank and express my deep sense of gratitude to both
the Head of Department Dr.Hemalatha M, and my Faculty Advisor Ms Humsa T N for their
valuable guidance, their advice, constructive suggestions and continuous encouragement,
without which it would have not been possible to complete the report.

I would like express my deep appreciation to everyone for offering their timely assistance
whenever required to complete the report successfully.

I hope that I can make a valuable contribution to this industry in the future with the
knowledge, skills and experience I have gained during this internship

Vijayashree M R
(2213721034230)

TABLE OF CONTENTS
S.NO PARTICULARS PAGE NO

1 INTRODUCTION

2 COMPANY PROFILE

3 JOB PROFILE

4 WORK EXPERIENCE

5 CONCLUSION

6 ANNEXURES

7 BIBILOGRAPHY

ANNEXURES
S.NO PARTICULARS PAGE NO

1 Manual bank Reconciliation

2 Receipt and payment and

Income and Expenditure

Account

3 Balance sheet

4 Tally prime

5 Income and Expenditure and

Balance sheet of NPO’s

 CHAPTER 1

INTRODUCTION
INTRODUCTION

This report is a description of my five-week internship carried out as mandatory component

for partial fulfilment of the requirement for the award of degree Bachelor of Commerce
(Accounting & Finance). There are several purposes for this report. I would like to use this
report writing chance to practically increase my knowledge of finance and accounting. The
report also acts as a historical record of my internship experience. I was able to consider the
professional facets of the internship experience and the abilities I have acquired while writing
this report.

Additionally, I had the chance to consider how the internship's primary objectives were met, or not,
during the experience.

According to David Viscott , If you have the courage to begin,You have the courage to succed , which
truly apt my experience. My internship served as a crucial springboard for me to get practical
professional experience. Students may study and get experience through internships while also being
ready for the future. I was able to take creative chances, produce new things, and learn about myself
from a fresh perspective throughout my internship, which was incredibly beneficial.

My attitude and behaviour have evolved as a result of dealing with various types of people and
circumstances. Since my interest lies in the finance and compliance handling services sector, I was
excited to be a part of the Sri Ram Ganesh & Co (CA Associates) Internship. It is undertaken by
candidates who are pursuing college degree and are in the second penultimate year of study. I was
equally excited to be a part of the Accounts team since it deals with Periodic Reconciliation of bank
statements ,Preparation of Financial statements and filing Income tax and tds.
Prior to beginning the internship, I created the following learning objectives that I hoped to
accomplish
To bear a constant pressure of handling and completion of assignments within the timelines.
To see if this kind of work is a possibility for my future career
To see what is like to work in a professional environment
To use my gained skills and knowledge
To see what skills and knowledge I still need to work in a professional environment
To get an experience of working in an environment unknown for me
To enhance my communication skills. To get knowledge on Accounting and Preparation of
Financial statements.

Chapter 2 provides the description of the firm, SRI RAM GANESH AND CO functioning as
a Chartered accountant firm
The subsequent Chapters gives the details of the nature of the work that I undertook during
the period of my internship.The experience that I got in the partnership firm as an intern is
also mentioned
I provide a conclusion about the internship experience in my report based on my learning objectives.
I've also included a bibliography with a list of all the sources I utilized to write this report.

In the following pages, a thorough analysis of the organization and a succinct summary of the industry
are provided. I got the opportunity to be part of Auditing Firm Hence there is an overview of how
diversified operations are held and controlled in such a firm. I was a part of the Accounts team in the
finance department of Sri Ram Ganesh & Co.
 CHAPTER 2
COMPANY PROFILE
NAME OF THE FIRM SRIRAM GANESH AND CO

PRINCIPLE OFFICE AT KESARI ILLAM

76,NUNGAMBAKKAM HIGHROAD,

CHENNAI-600034

E-mail ID [email protected]

NAME OF THE PARTNERS N.Ganesh

N.Sailesh

SERVICES OFFERED Annual Return filing, Administration

Services, Coordination services, Budgeting

services, Corporate finance and leasing

TEAM MEMBERS N.GANESH, N.SAILESH,

VISAKAN,REVATHI,SHRUTHI

PROFESSIONAL STAFF 2

NUMBER OF STAFF 3

JUNIOR STAFF 3

NUMBER OF COMPANIES AUDITED 45

BASIC INFORMATION

Company Name SRIRAM GANESH AND CO

LOGO

TAG LINE
Precision, Integrity, Excellence

INTRODUCTION
“SRIRAM GANESH AND CO’’ is a reputed Chartered Accountancy Firm based in
Nungambakkam, Chennai. With a commitment to delivering exceptional financial
services,the firm specializes in audit, taxation and consultancy services.

History
Established in the year 2003. Sri ram Ganesh and co has grown from a small practice to a
trusted partner for numerous clients across various industries. Over the years, the firm has
built a reputation for its thorough approach and client centric services.

ABOUT THE COMPANY

It is not ethical to advertise but the Profession was once restricted to just audit,tax return
filing, and related consultancy. Now with the advent of Outsourcing there are many an
avenues for service to the business community in Chennai which a CA can offer solutions
making the experience an “ONE STOP SOLUTION’’

MISSION ,VISION AND VALUES

The mission of the organization defines its fundamental purpose and outlines why it exists. It
describes what the organization does ,who it serves,and how it serves them. It explains the
primary objectives of a Organisation.
Mission Statement
To provide comprehensive and innovative financial solutions with a focus on integrity,
precision, and client satisfaction.

Vision
The vision statement describes the desired future position of the organization. It is
aspirational and meant to inspire and guide the organization’s long-term goals and direction.
Vision statements are future-oriented, depicting what the organization aims to achieve in the
long term.

Vision Statement
To be the leading Chartered Accountancy firm recognized for excellence in service, integrity
in practice, and commitment to client success.

Values
Values are the core principles and ethical standards that guide the behavior and decision-
making processes within an organization. They shape the organizational culture and influence
how employees interact with each other and with external stakeholders.

Core Values
Integrity Upholding the highest standards of ethics and honesty.
Excellence: Striving for precision and quality in every service.
Client-Centric Focusing on personalized solutions and client satisfaction.

Products and Services

Audit and Assurance Comprehensive audit services including statutory audits, internal
audits, and management audits.
Taxation Services Tax planning, compliance, and advisory services for individuals and
businesses.
Consultancy Services Business advisory, financial planning, and risk management.
 Corporate Services Company formation, compliance, and secretarial services.
Accounting Services Bookkeeping, financial statement preparation, and payroll services.

Market and Industry

Market Position Positioned as a premier CA firm in Nungambakkam, serving clients across
various sectors including manufacturing, retail, healthcare, and technology.
Industry Trends Keeping abreast with the latest developments in tax laws, accounting
standards, and regulatory changes to offer updated and relevant advice to clients.

Achievements and Milestones

Awards and Recognition Listed among the top CA firms in Chennai, recognized for
excellence in client service.
Major Projects Successful completion of audits for leading corporations, impactful tax
advisory for major business transactions.

SERVICES OFFERED BY SRIRAM GANESH AND CO

1.Audit and Assurance Services
2.Taxation Services
3.Corporate Finance and Advisory Services
4.Compliance and Regulatory Services
5.Accounting and Book keeping Services
6.Financial Advisory and Consultancy Services
7.Legal and Secretarial Services
8.Risk Management and Internal Controls
9.Advisory Services for NGOs
10.IT and Systems Audit

Audit and Assurance Services

Statutory Audit
Ensuring compliance with regulatory requirements, Sriram Ganesh and Co. conducts
statutory audits to verify the accuracy of financial statements.
Internal Audit
Providing insights into the effectiveness of internal controls and risk management processes.
 Tax Audit
Reviewing tax compliance to ensure accurate tax filings and adherence to relevant laws.

Concurrent Audit
Ongoing audits, typically for banks, to ensure real-time accuracy and compliance.
Stock Audit
Verifying the physical stock and ensuring it matches the records
to prevent discrepancies.
Fixed Asset Verification
Ensuring that the company’s records for fixed assets match the actual physical assets.

Taxation Services

Direct Taxation
Offering consultancy and compliance services related to income tax, ensuring that clients
meet all statutory requirements.
Indirect Taxation
Handling GST compliance, including filing returns, managing GST audits, and providing
advisory services.
Transfer Pricing
Advising on transfer pricing issues to ensure compliance with international tax regulations
and to optimize tax positions.
Tax Planning and Advisory
Helping clients plan their taxes efficiently to minimize liabilities and maximize savings.

Corporate Finance and Advisory Services

Corporate Finance
Advising on mergers, acquisitions, and financial restructuring to enhance business value.

Leasing Advisory
Providing guidance on lease agreements to optimize financial and operational benefits.
Business Valuation Conducting valuations for various purposes, including mergers,
acquisitions, and financial reporting.
Due Diligence Performing comprehensive due diligence reviews to assess the financial
health and risks of a business.

Compliance and Regulatory Services

Company Law Compliance
Ensuring that businesses adhere to the
provisions of the Companies Act, including filing annual returns and maintaining statutory
registers.
Secretarial Services
Offering company secretarial services to manage board meetings, compliance filings, and
other statutory requirements.
FEMA Compliance Advising on Foreign Exchange Management Act (FEMA) regulations
and ensuring compliance with foreign exchange laws.

Accounting and Bookkeeping Services

Accounting
Providing end-to-end accounting services, from transaction recording to financial statement
preparation.
Bookkeeping
Maintaining accurate and up-to-date books of accounts to facilitate smooth financial
operations and
audits.
Payroll Management
Managing payroll processes, including salary computations,tax deductions, and statutory
compliance.

Financial Advisory and Consultancy

Budgeting and Forecasting
Assisting businesses in creating budgets and financial forecasts to plan and control finances
effectively.
Financial Analysis
Analyzing financial data to provide insights into business performance and areas for
improvement.
Investment Advisory
Offering advice on investment opportunities to help clients grow their wealth.

Legal and Secretarial Services

Company Incorporation
Assisting with the incorporation of companies, including obtaining necessary licenses and
registrations.
Compliance Management
Ensuring ongoing compliance with legal and regulatory requirements to avoid penalties.
Contract Drafting and Review
Drafting and reviewing contracts to ensure they are legally sound and protect the client's
interests.
Risk Management and Internal Controls
Risk Assessment
Identifying and assessing risks to develop effective mitigation strategies.
Internal Controls Review
Evaluating and enhancing internal control systems to safeguard assets and ensure accuracy in
financial reporting.
Advisory Services for NGOs
NGO Compliance
Ensuring compliance with statutory requirements specific to non-governmental organizations
(NGOs).
Funding and Grants Advisory
Assisting NGOs in obtaining funding and grants by preparing necessary documentation and
compliance reports
IT and Systems Audit
Information Systems Audit
Evaluating the effectiveness of IT systems and ensuring data security and integrity
Cybersecurity Advisory
Providing guidance on cybersecurity measures to protect against data breaches and
cyberthreats
ONE STOP SOLUTION
To start operations in India. The Activities in a nutshell will be
Formation of an Indian Company
One time registration under the various Government Laws as prevalent in India as applicable to the
nature of business.
Day to Day handling of accounts, paper work for labor law, cash and bank handling, payroll and
other related activities.

SPECIALIZED SERVICES
Business Commencement Services
Helping start-ups with registration, incorporation, and regulatory compliance.
PAN and TAN Services
Assisting with applications for Permanent Account Numbers (PAN) and Tax Deduction and
Collection Account Numbers (TAN).

PARTNERS

GANESH NAMASIVAYAN
Qualified as a Chartered Accountant in 1987,and started his own firm named SRIRAM
GANESH AND CO. Firm handles all paper work necessary for Tax return filing, Incorporation of
companies and filing of statutory documents for the Registrar of Companies

SAILESH NAMASIVAYAN
Qualified as a Chartered Accountant in 1989 and joined SRIRAM GANESH AND CO as a
partner in 2003.
CHAPTER 3
JOB PROFILE
Job Title
Joined as an Intern in SRIRAM RAM GANESH AND CO as an Intern on 8/4/2024. As it is
an Audit firm its major domain includes Accounting activities, income tax filing and
Consultancy and advisory services.

Company Overview
Description
Sriram Ganesh and Co. is a prominent Chartered Accountancy firm located in
Nungambakkam, Chennai. We specialize in audit, taxation, and consultancy services,
providing expert financial solutions to a diverse clientele.
Location
Nungambakkam, Chennai, with opportunities for some remote work depending on project
requirements.

Position Summary

Role Overview
The intern will support various departments within the firm, gaining hands-on experience in
auditing, taxation, accounting, and business advisory services. This role is ideal for students
or recent graduates looking to build a career in chartered accountancy.
Reporting Line
Reports to the Senior Accountant and Audit Manager.

Key Responsibilities

Assistance in Auditing
Support audit teams in conducting statutory and internal audits, including data collection,
analysis, and report preparation.
Taxation Support
Assist in preparing tax returns, researching tax issues, and ensuring compliance with tax
laws.
Accounting Tasks
Help with bookkeeping, maintaining financial records, and preparing financial statements.
Research and Analysis
Conduct research on various financial, accounting, and tax-related topics and present
findings to senior staff.
Administrative Duties
Perform administrative tasks such as filing, data entry, and scheduling meetings.
Qualifications
Educational Requirements
Currently pursuing or recently completed a degree in Accounting, Finance, Commerce, or
a related field.
CA aspirants or those enrolled in CA programs are preferred.
Experienc
No prior work experience required, but
internships or coursework related to accounting and finance will be advantageous.
Skills
Basic understanding of accounting principles and financial regulations.
Proficiency in MS Office (Excel, Word, PowerPoint).
Strong analytical and problem-solving skills.

Competencies

Behavioral Competencies
Attention to detail and accuracy.
Strong organizational and time-management skills.
Good communication and interpersonal skills.
Eagerness to learn and adapt to new challenges.
Technical Competencies
Basic proficiency in accounting software and tools.
Ability to analyze and interpret financial data.
Work Environment
Work Conditions
Office-based role with standard working hours. Some flexibility may be required during
peak periods.
Physical Requirements
Primarily desk-based work with occasional requirements for on-site client visits.

Performance Metrics
Evaluation Criteria
Quality and accuracy of work performed.
Timeliness in completing assigned tasks.
Initiative and contribution to team projects.
Feedback from supervisors and team members.

Company Policies
Diversity and Inclusion
Sriram Ganesh and Co. is an equal opportunity employer committed to fostering a diverse
and inclusive workplace.

Work-Life Balance
Flexible working hours to accommodate academic commitments
Legal and Compliance
Employment Terms
Internship position.
Compliance
Adherence to ICAI guidelines and local regulations.

RESPONSIBILITIES
I was responsible as a junior accountant in
Reconciling the bank statements
Anlysing the bank statements to understand the Financial position of the individual or partnership
firms

CHAPTER 4
WORK EXPERIENCE
WORK EXPERIENCE
In this chapter, I have reflected on the entire internship journey. Firstly, I have shared my key
learnings, i.e., the skills that I have gained through this internship which is as below. Followed by
which, I have shared my thoughts on whether I have achieved my goal, the challenges that I have
faced and areas on which I need to improve. In addition, I have included my overall evaluation of
internship experience.

Key Learnings
Reconciling Bank statements
I had the bookish knowledge about the banking transactions which includes to credit the amount
received to the bank account and debit the amount paid out of the bank account. In the journey of
internship I practically reconciled the bank statements of individuals and partnership firms

MS EXCEL
I learnt the shortcut keys to be used in MS excel which helps to complete the work in an ease manner
Alt tab
Page up
Page down
Formulas to used for reconciling the bank statement.

TALLY PRIME
I had a very less knowledge about tally when I joined as an intern, The learning in tally prime
includes creation of company, creation of ledgers and altering the ledgers, recording the transactions
ofreceipt and payment, contra and journal in the respective vouchers.

Communication skills
I improved my Communication skill by dealing the clients of the audit firm.
Lodge trust
Based on the donation transaction ,I prepared the income and expenditure and balance sheet for NPO
s
Problem Solving and Analytical Skills
Being involved in practical and a lot of people handling situations has helped me sharpen my
problem- solving skills. The internship has helped me develop my critical analyzation skills as well.

LEARNING GOALS ACHIEVED

My learning objectives for this internship were discussed in the first chapter of this report. I discuss if
I was successful in meeting them in this chapter, and if not, why. Being familiar with a Chartered
Accountant Firm. Prior to starting my internship at SRG , I had never worked for an organisation.
This is also my first internship. I now have a better understanding of the organization's roles, its
organisational structure, and how projects are carried out. While employed by the company, I
discovered how crucial it is to abide by the law in order to safeguard customers, staff members, and
the business as a whole from unlawful and unjust acts that might have serious repercussions. As I
worked on the projects, I let go of preconceived conceptions that were entirely at odds with the reality
of working and made sure that my thinking was flexible. Even though I had no idea what I was doing
at first, I was able to handle the circumstances because to persistent doubt clearing and flexible
thinking.

CONFIDENTIALITY:
Confidentiality is a fundamental ethical principle that CAs must uphold. In my role as financial
professionals, they often come across sensitive information about clients and organisations. It is
imperative to me to maintain confidentiality to preserve the privacy and trust of the individuals and
entities they serve. With some exceptions, the accountant-client relationship is one of confidentiality,
and the failure to maintain a client's confidence could lead to a malpractice action against the
accountant. A breach of confidentiality can lead to serious repercussions such as identity theft, fraud,
harm to one's reputation, and compromised privacy. In a nutshell, Confidentiality helps build myself.

IMPORTANCE OF DATA PRIVACY IN CA FIRMS

Legal Compliance

CA firms are subject to various laws and regulations regarding data privacy, such as GDPR
in Europe and HIPAA in the United States. Failure to comply with these regulations can
result in legal consequences and damage to the firm's reputation.

Risk Management
 Poor data privacy practices increase the risk of data breaches and cyber attacks. These
incidents can lead to financial losses, lawsuits, and reputational damage for the firm.

Client Trust Clients entrust CA firms with their financial data, expecting it to be handled
securely and confidentially. Failure to protect client data can erode trust and lead to client
attrition.

Business Continuity Data breaches and privacy incidents can disrupt business operations and
cause financial harm to the firm. Ensuring data privacy helps maintain business continuity
and resilience.
Competitive Advantage
Firms that prioritize data privacy differentiate themselves in the market by demonstrating
their commitment to client confidentiality and security.

Ethical Considerations
Upholding data privacy principles aligns with ethical standards in the accounting profession,
promoting integrity and professionalism.

Employee Trust
Employees also expect their personal information to be handled securely by the firm.
Prioritizing data privacy fosters a positive work environment and enhances employee trust
and loyalty.

Reputation Management
Data breaches and privacy incidents can severely damage the firm's reputation, leading to
loss of clients and business opportunities. Protecting data privacy helps safeguard the firm's
reputation in the long term.

Future Growth As data privacy concerns continue to evolve, firms that proactively address
these issues position themselves for future growth and success in an increasingly regulated
and data-driven environment.
BASIC UNDERSTANDING
Working at a CA firm enabled me to assess my strengths and weaknesses. Among my
strengths, I recognized my ability to quickly grasp concepts and my attentiveness within the
organization. Additionally, I demonstrated accountability and responsibility. However, I
identified handling stressful situations as an area for improvement. Given my career
aspirations in finance, this internship offered invaluable experience. It provided insights into
the working environment of a CA firm through interactions with diverse clients and
collaboration with experienced chartered accountants.
USING THE KNOWLEDGE AND SKILLS ACQUIRED IN COLLEGE

Although it is difficult to pinpoint the precise information and skills I acquired in college and
applied in my internship, there are a few examples, such as knowing the golden rules of
accounting and basic accounting it was easy to prepare receipt and payment and financial
statements in the ca firm. . I also discovered that speaking well is a crucial ability in college,
therefore I was able to do so without any fear and easily dispel any worries I had while
working on the assignment. Nevertheless, I came to the realization that by going to project-
relevant training with an open mind, one may get the skills and information required to
comprehend the project's goal and accomplish the project.

LEARNING
In addition to preparation of financial statements for individuals and partnership firms. I also
learnt about UDIN generation.
UDIN stands for Unique Document Identification number. It is an initiative of ICAI to
enhance the authenticity and security of documents certified by Chartered Accountants.
KEY POINTS ABOUT UDIN
The purpose is to prevent the duplication and fraudulent certification of financial documents.
Every document certified by CA must have an UDIN, which is a unique number generated by
ICAI’s portal.
It applies to various documents such as certificates, reports and other attest functions
performed by Cas
Stakeholders, including regulators, banks and others can verify the authenticity of the
document through the UDIN portal
The process of UDIN generation is CA’s need to register on the UDIN portal, login and
generate a UDIN for each document that certify. The generated UDIN is then mentioned on
the document.
This system aims to uphold the credibility of the profession and protect the interest of various
stakeholders relying on certified documents
TDS filing
TDS is filed based on the five sources of Income.
Income from Salary
This includes earnings from employment, such as wages, pensions, bonuses, and other
benefits.
Income from House Property
This is income derived from owning a property, which could be rented out or deemed to be
rented out.
Profits and Gains from Business or Profession
Income from any trade, commerce, manufacturing, or profession.
Income from Capital gains
Earnings from the sale or transfer of capital assets like stocks, bonds, real estate, etc.
Income from other Sources
This includes income not classified under the other heads.
Interest from savings accounts, fixed deposits, dividends, winnings from lotteries, gifts, etc.
CHAPTER 5
CONCLUSION
 CONCLUSION
First of all, I want to express my gratitude for the chance to work as a summer finance intern with
SRG . It was undoubtedly a remarkable and helpful experience. During my five week internship, I
was a member of an amazing team that supported and mentored me. Secondly, I was able to
accomplish the most of my learning objectives. I developed my communication and relationship-
building skills with the co-workers throughout my internship. I learnt how to introduce myself, chat
with company owners and entrepreneurs about my interests, expertise, and talents, and how to ask
questions to better understand both the firms operating in the co-working space as well as those
operating elsewhere in the market.

Working as an intern at a CA firm has been an enriching and transformative experience,

providing valuable insights and growth opportunities. Throughout my internship, I have
gained a deeper understanding of the intricacies and responsibilities associated with working
in the field of accounting and finance.

Firstly, this experience has allowed me to apply theoretical knowledge gained through
academic studies to real-world scenarios. Working alongside seasoned professionals has
provided me with exposure to various accounting practices, auditing procedures, and
financial regulations. This hands-on experience has reinforced my understanding of
fundamental accounting principles and enhanced my analytical skills.

Moreover, interacting with a diverse range of clients has broadened my perspective and
honed my communication and interpersonal skills. Engaging with clients from different
industries and backgrounds has taught me the importance of adaptability and effective
communication in building strong client relationships. Additionally, collaborating with
experienced chartered accountants has provided me with mentorship and guidance, helping
me navigate complex accounting tasks and challenges.
Furthermore, this internship has fostered personal and professional growth by pushing me
outside of my comfort zone and challenging me to learn and grow continuously. From
managing tight deadlines to handling stressful situations, I have developed resilience and
perseverance in the face of adversity. These experiences have equipped me with the skills and
confidence necessary to thrive in a fast-paced and dynamic work environment.

In conclusion, my internship at a CA firm has been a rewarding journey filled with learning,
growth, and self-discovery. It has provided me with invaluable hands-on experience,
expanded my professional network, and reaffirmed my passion for pursuing a career in
finance. I am grateful for the opportunities and mentorship I have received during this
internship and am excited to apply the knowledge and skills I have gained to future endeavors
in the field of accounting and finance
CHAPTER 6
ANNEXURES
 ANNEXURES
Annexures are supplementary documents attached to main documents or reports to provide
additional information, support or evidence. They include information that is relevant
ensuring the primary document remains concise and focused. In this chapter I am attaching
my work in SRI RAM GANESH AND CO, CA firm as an intern.

I am dividing my Annexure into 5 parts of my work which include

1. Manual Bank Reconciliation

2. Preparation of Receipt and payment ,Income and expenditure account
3. Preparation of Balance sheet
4. Importing in Tally prime
5. Preparing Income and expenditure and Balance sheet for NPO’s
Manual Bank Reconciliation:
It is process of checking the closing balances of the amount in the bank statement is correct
as per the transaction. The formula we use there is
Closing Balance = Opening Balance -Debit + Credit.
Preparation of Receipt and Payment, Income and Expenditure account
The preparation of Receipt and Payment and Income and Expenditure account include
classifying all the accounts under different appropriate heads and finding out the surplus or
deficit in the bank account of the Individual or the Partnership firm.
Preparation of Balance sheet
After finding out the surplus or deficit, Balance sheet is prepared to find the excess of assets
over liabilities.
Importing in tally prime
In tally prime the ledgers are created and vouchers are entered. Finally all the other reports
will be automatically generated.
Preparation of Income and expenditure and Balance sheet of NPO’s
NPO’S include the transactions which are donation given or donation received.

MANUAL BANK RECONCILATION

RECEIPT AND PAYMENT ACCOUNT
INCOME AND EXPENDITURE ACCOUNT
BALANCE SHEET
TALLY PRIME
MONTHLY TRANSACTIONS
PROFIT AND LOSS ACCOUNT
BALANCE SHEET
INCOME AND EXPENDITURE AND BALANCE SHEET OF NPO’s
 CHAPTER 7
BIBILOGRAPHY
 BIBILOGRAPHY

1. https://tallysolutions.com/
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044PI000589_BZDET
3. https://www.indiamart.com/sriram-ganesh-company/aboutus.html
4. https://www.computaxonline.com/compuofficeonline.html?aa=1
5. https://moneyview.in/beginners-guide-managing-money/download-bank-statement-
pdf-en