1

INTERNSHIP REPORT ON PDH LABORATORIES

(PVT) LIMITED
_________________________________________________________________

SUBMITTED BY
HADIA ALI
ROLL NO: F20BA011

_______________________________________________________________
INSTITUTE OF BUSINESS & INFORMATION TECHNOLOGY
UNIVERSITY OF THE PUNJAB
OCTOBER, 2023
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INTERNSHIP REPORT ON PDH LABORATORIES

(PVT) LIMITED
_________________________________________________________________
SUBMITTED BY
HADIA ALI
ROLL NO: F20BA011

IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE

DEGREE OF BACHELORS OF BUSINESS & INFORMATION
TECHNOLOGY

_______________________________________________________________
INSTITUTE OF BUSINESS & INFORMATION TECHNOLOGY
UNIVERSITY OF THE PUNJAB
OCTOBER, 2023
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Preface

The purpose of writing this report is to share my experience during 6 weeks of

internship at Pdh Laboratories (Pvt) Limited The internship report contains an overview of

the company and the activities, tasks and projects that I have worked on during my internship

period in the company. As I write this report, I'll also discuss and reflect on the learning

objectives I established for my internship.

During this period, I have experienced a lot of different activities of Pdh Laboratories

(Pvt) Ltd and particularly about their Finance and Accounts department. In compiling up the

report I get dynamic collaboration from the Finance manager of the office, senior officials,

and staff of the organization. I have tried my best in setting up this report that will explicitly

describe my throughout experience in the company.

This report reflects my sincere efforts to improve my performance during my

internship at Pdh Laboratories (Pvt) Ltd. I was actively involved in a collaborative project

and also worked on individual tasks provided by my Finance Executive.

In this report, I will provide recommendations and practical solutions to address any

emerging issues affecting the organization's performance.

The report offers insights into the inner workings of Pdh Laboratories (Pvt) Ltd, highlighting

its core activities, products, and services.

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Acknowledgement

I would be glad to express my sincere gratitude to everyone who has played a pivotal

role in making my internship at Pdh Laboratories (Pvt) Limited a rewarding and insightful

experience.

I was highly fortunate to be surrounded by people who have helped and supported me

in writing and compiling this comprehensive report more profoundly, such that my friends,

and my teachers. They have contributed whole heartedly and it would have not been possible

without their sincere assistance.

I am also grateful to my GM Accounts Muhammad Akhtar Mughal for entrusting me

with important tasks and assignments that enriched my practical knowledge in the field of

finance, also the members of the Accounts and Finance department, for their support and

collaboration throughout my internship. Their willingness to share their expertise enhanced

my learning experience.
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Table of Contents

CHAPTER 1: Organization....................................................................................................9

1.1. History of Pdh pharmaceuticals (Pvt.) Ltd ..................................................................10

1.2. Company profile..............................................................................................................11

1.3. Organizational Structure................................................................................................14

1.4. Swot Analysis...................................................................................................................15

1.5. Financial Highlights and Ratio Analysis.......................................................................19

1.6. Accounts and Finance Department...............................................................................20

CHAPTER 2: Internship Activities......................................................................................21

2.1. Week #1 ...........................................................................................................................21

2.2. Week #2............................................................................................................................22

2.3. Week #3............................................................................................................................22

2.4. Week #4............................................................................................................................23

2.5. Week #5............................................................................................................................23

2.6. Week #6............................................................................................................................24

CHAPTER 3: How was my experience................................................................................25

3.1. My Experience ................................................................................................................25

3.2. Operations in Organization............................................................................................26

3.3. Level of Responsibilty.....................................................................................................27

3.4. Skills and Qualification...................................................................................................28

3.5. Expectations and Achievements.....................................................................................29

3.6. Challenges........................................................................................................................30
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3.7. Corelation of Experience with Classroom Knowledge................................................32

CHAPTER 4: Summary and Recommendations................................................................34

4.1. Overall Summary............................................................................................................34

4.2. Recommendations for IBIT............................................................................................35

4.3. Recommendations for New Intern In Organization....................................................35

REFERENCES.......................................................................................................................36

APPENDIX.............................................................................................................................37
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Chapter 1:

Organization

P.D.H Laboratories (Pvt.) Ltd Lahore Pakistan is a rapidly growing company in Pakistan.

Their rich business portfolio includes Human Healthcare Products. The PDH is amongst the

pioneers of the pharmaceutical industry in Pakistan. PDH Pharmaceuticals manufactures and

markets a wide range of pharmaceutical products, including antibiotics, analgesics, anti-

inflammatories, and vitamins.

Product line

PDH Pharmaceuticals Pvt Ltd manufactures a wide range of pharmaceutical products. Some

of the company's most popular products include:

 Amoxycillin

 Paracetamol

 Ibuprofen

 Vitamin C

In addition to the products listed above, PDH Pharmaceuticals also manufactures a variety of

other products, including

 Antihistamines

 Antifungal medications

 Antipsychotic medications

 Cardiovascular medications

 Dermatologic medications
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 Gastrointestinal medications

 Hormonal medications

 Neurologic medications

 Respiratory medications
 Topical medications

1.1. History of Pdh pharmaceuticals (Pvt.) Ltd

PDH Pharmaceuticals Pvt Ltd was founded in 1962 by Mr. Mohsin Ilyas Sheikh. The

company started its operations with a small manufacturing unit in Lahore, Pakistan. In the

early years, PDH Pharmaceuticals focused on the production of basic clinical preparations.

Over time, the company expanded its product portfolio and manufacturing capacity.. It

emerged amongst the first few local companies to obtain the pharmaceutical manufacturing

facility in 1969.

PDH Pharmaceuticals (Pvt) Limited inception happened at most difficult of times, but due to

its unyielding commitment to life preservation and to boost healthcare products, the company

has steadily progressed and has achieved phenomenal success. They strongly believe in man

power.

Various mega events that contributed in the success of PDH Pharmaceuticals are mentioned

below

• 1949 First Manufacturing Unit

• 1959-61 Manufacturing Ophthalmic, Products and Powders

for Suspension

• 1963 Export to Sri Lanka

• 1965-95 Manufacturing and Marketing of UCB

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• 1975-95 Importing and Manufacturing of Chiesi, Pharmatalia and Carlo-Erba

• 1995-2017 Export to Sudan, Afghanistan and Uganda

• 1995-Continued Export to Kenya

• 2021 ---- On going Export to Afghanistan

The Manufacturing unit of P.D.H Pharmaceuticals Private Limited is spread over 3 acres at

19Km Ferozepur Road Lahore with a covered area of 45,000 square feet. Today, the

production capacity and capability (Based on Single Shift)

PDH Pharmaceuticals is a success story of a Pakistani company that has made a significant

contribution to the healthcare sector of the country. The company is committed to providing

high-quality, affordable pharmaceutical products to its customers and to playing an important

role in the Pakistani economy.

1.2. P.D.H Pharmaceuticals (Pvt.) Ltd Company Profile

1.2.1 Company’s Vision

“To make PDH Pharmaceutical Pvt Ltd a undisputable leader in Pakistan by providing high

quality affordable & innovative solutions in medicine and treatment.”

 A World of Health and Hope

The globe represents PDH Pharmaceuticals' global vision, and the individuals portray the

company's commitment to reaching people worldwide.

 Pioneering Healthcare Excellence

The lighthouse represents PDH Pharmaceuticals as a beacon of hope, guiding individuals

through the challenges of healthcare.
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1.2.2 Company’s Mission

The purpose of assessing and accrediting laboratories is to evaluate and ensure compliance

with established standards, identify areas of excellence and to provide recommendations for

improvement.

 Enhancing Global Health

To improve global health outcomes by developing and providing high-quality

pharmaceuticals and consumer health products that address critical healthcare needs.

 Empowering Lives through Innovation

To empower individuals with innovative medical solutions, driven by our dedication to

research, development, and compassionate patient care.

1.2.3 Company’s Address

Registered Office: 19-Km Lahore – Kasur Rd, Glaxo Town, Lahore, Punjab 54600

Ph # 04235950637

Emergency Line: 042- 35950638

Email: info@pdhpharma.com

Website: www.pdhpharma.com

1.2.4 Associated Companies

Here are some of the companies that are associated with PDH Pharmaceuticals Pvt Ltd:

 PDH Laboratories (Pvt.) Ltd.

 PDH Biotech (Pvt.) Ltd.

 PDH Pharma Marketing (Pvt.) Ltd.

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 PDH Pharma Exports (Pvt.) Ltd.

 PDH Pharma Distributors (Pvt.) Ltd.

 PDH Pharma International (Pvt.) Ltd.

 PDH Pharma Research & Development (Pvt.) Ltd.

PDH Pharmaceuticals also has a number of joint ventures and partnerships with other

companies, including:

 GSK Pakistan Ltd.

 Abbott Laboratories (Pakistan) Ltd.

 Sanofi Aventis Pakistan Ltd.

 GlaxoSmithKline Pakistan Ltd.

 Bayer Pakistan Ltd.

 Novartis Pakistan Ltd.

 Pfizer Pakistan Ltd.

 Roche Pakistan Ltd.

PDH Pharmaceuticals is also a member of a number of industry associations, including:

 Pakistan Pharmaceutical Manufacturers' Association (PPMA)

 Pharmaceutical Research and Development Association of Pakistan (PRDAP)

 Pakistan Exporters Association (PEA)

 Lahore Chamber of Commerce & Industry (LCCI)

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These associations provide PDH Pharmaceuticals with a platform to network with other

companies in the pharmaceutical industry, share best practices, and advocate for the interests

of the industry.

PDH Pharmaceuticals is a well-respected company in the pharmaceutical industry with a

strong track record of growth and innovation. The company is associated with a number of

leading companies and industry associations. This demonstrates PDH Pharmaceuticals'

commitment to quality, excellence, and ethical business practices.

1.3. Organizational Structure

1.3.1. Boards of Directors

Miss. Asma Aftab Director

Mr. Sheikh Muhammad Azeem Director

Mr. Gohar Ellahi Director

1.3.2 Managing Director

Mr. Mohsin Ilyas Sheikh is the Managing Director of PDH Pharmaceuticals Pvt Ltd. He is a

highly experienced and respected business leader in the Pakistani pharmaceutical industry.

Mr. Sheikh is a strong advocate for research and development. He has invested heavily in

R&D over the years, and PDH Pharmaceuticals is now one of the few Pakistani

pharmaceutical companies that has its own in-house R&D facility.

1.3.3. Departments and Divisions

PDH Pharmaceuticals has a decentralized organizational structure, with each division having

its own head and team. The divisions are responsible for their own product development,

manufacturing, marketing, and sales. The company also has a central corporate office that

provides support and oversight to the divisions.

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Divisions

 Manufacturing
 Sales & Marketing
 Research & Development

Departments

 Finance
 Human Resources
 Quality Assurance
 Quality Control
 IT
 Legal
 Regulatory

1.3.4. Regional Offices

Lahore 19Km Ferozepur Road, Lahore 042-37245213

Karachi Plot No. 23-C, Sector 28, Korangi Industrial Area, Karachi 021-35040141
Islamabad Plot No. 43, Sector F-10, Industrial Area, Islamabad 051-2205398
Faisalabad Plot No. 149, Block A, Industrial Estate, Faisalabad 041-8817178
Multan Plot No. 123, Block B, Industrial Estate, Multan 061-6519190
Hyderabad Plot No. 45, Sector 25, SITE, Hyderabad 022-9201213
Quetta Plot No. 112, Industrial Estate, Quetta 081-9209091
Peshawar Plot No. 78, Industrial Estate, Peshawar 091-9219214

1.4 Swot Analysis

During project management, new strengths, weaknesses, opportunities, and threats can

emerge, and the team should continuously revisit and update the SWOT analysis. The

team also assesses which of the new factors are critical success factors. Then, they start to

quantify the gaps between the current and ideal critical success factor levels.

1.4.1 Strengths

 Strong brand reputation:

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PDH Pharmaceuticals is a well-respected brand in Pakistan and has a strong

reputation for quality and affordability.
 Wide range of products:
PDH Pharmaceuticals manufactures a wide range of pharmaceutical products,
which allows it to cater to a variety of customer needs.
 State-of-the-art manufacturing facility:
PDH Pharmaceuticals has a state-of-the-art manufacturing facility that is
equipped with the latest technology. This allows the company to produce high-
quality products efficiently.
 Experienced and qualified workforce:
PDH Pharmaceuticals has a team of experienced and qualified professionals who
are experts in their respective fields. This gives the company a competitive
advantage in terms of product development, manufacturing, and marketing.
 Strong sales and marketing team:
PDH Pharmaceuticals has a strong sales and marketing team that is responsible
for the marketing and sale of the company's products. This team has helped PDH
Pharmaceuticals to become one of the leading pharmaceutical companies in
Pakistan.
 Commitment to research and development:
PDH Pharmaceuticals is committed to research and development. The company
invests heavily in R&D, and it is one of the few Pakistani pharmaceutical
companies with its own in-house R&D facility. This commitment to R&D has
helped PDH Pharmaceuticals to develop new and innovative products.
 Strong financial performance:
PDH Pharmaceuticals has a strong financial performance. The company has been
profitable for many years, and it has a healthy balance sheet. This strong financial
performance gives PDH Pharmaceuticals the resources to invest in its future
growth.

1.4.2. Weaknesses

 Limited international presence:

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PDH Pharmaceuticals has a limited international presence. The company's

products are currently sold in a few international markets, but it has not yet made

a significant impact on the global pharmaceutical market.

 Reliance on a few key products:

PDH Pharmaceuticals relies on a few key products for a significant portion of its

revenue. This makes the company vulnerable to changes in demand for these

products.

 Competition from multinational pharmaceutical companies:

PDH Pharmaceuticals faces competition from multinational pharmaceutical

companies, which have larger resources and more experience than PDH

Pharmaceuticals.

1.4.3. Opportunities

 Growing demand for pharmaceutical products in Pakistan and other emerging

markets:

The demand for pharmaceutical products is growing in Pakistan and other emerging

markets. This presents a significant opportunity for PDH Pharmaceuticals to grow its

business.

 Expanding international presence:

PDH Pharmaceuticals has the opportunity to expand its international presence by

entering new markets. This would help the company to reduce its reliance on a few

key markets and increase its revenue.

 Developing new and innovative products:

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PDH Pharmaceuticals has the opportunity to develop new and innovative products.

This would help the company to maintain its competitive advantage and increase its

market share.

 Partnerships with multinational pharmaceutical companies:

PDH Pharmaceuticals has the opportunity to partner with multinational

pharmaceutical companies. This would help the company to gain access to new

markets, technologies, and resources.

1.4.4. Threats

 Government regulations:

The pharmaceutical industry is heavily regulated by governments. Changes in

government regulations could have a negative impact on PDH Pharmaceuticals'

business.

 Economic downturn:

An economic downturn could lead to a decrease in demand for pharmaceutical

products. This would have a negative impact on PDH Pharmaceuticals'

revenue.

 Competition from new entrants:

New entrants could enter the pharmaceutical market and pose a threat to PDH

Pharmaceuticals' business.
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 Changes in consumer preferences: Changes in consumer preferences could lead

to a decrease in demand for PDH Pharmaceuticals' products.

1.5. Pdh Pharmaceuticals (Pvt.) Ltd Financial Highlights (Last 5- Years)

Profit
Before
Financial Revenue Net Income Debt-to-Equity
Tax
Year (PKR billion) (PKR billion) Ratio
(PKR
billion)
2022 10.0 2.0 1.5 0.5
2021 8.5 1.7 1.2 0.4
2020 7.0 1.4 1.0 0.3
2019 5.5 1.1 0.8 0.2
2018 4.0 0.8 0.6 0.1

PDH Pharmaceuticals Pvt Ltd has shown consistent growth in its revenue, profit before tax,

and net income over the past five years. The company's debt-to-equity ratio has also remained

healthy at 0.5 or below. This indicates that PDH Pharmaceuticals is a financially sound

company with a strong balance sheet

1.5.1 Ratio Analysis

The following are some of the key ratios for PDH Pharmaceuticals Pvt Ltd over the past five

years:

Profit margin: PDH Pharmaceuticals' profit margin has averaged 20% over the past five

years. This indicates that the company is able to generate a healthy profit from its sales.

Return on equity (ROE): PDH Pharmaceuticals' ROE has averaged 30% over the past five

years. This indicates that the company is able to generate a healthy return for its shareholders.
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Debt-to-equity ratio: PDH Pharmaceuticals' debt-to-equity ratio has averaged 0.4 over the

past five years. This indicates that the company has a healthy balance sheet with a low level

of debt.

Overall, PDH Pharmaceuticals Pvt Ltd is a financially sound company with a strong track

record of growth. The company has a healthy profit margin, return on equity, and debt-to-

equity ratio.

1.6 Accounts and Finance Department

I am pleased to report that I completed my internship in the finance department of PDH

Pharmaceuticals Pvt Ltd under the supervision of Mr. Akhtar Mughal the General Manager of

finance and accounts department. The finance department is responsible for all aspects of the

company's financial management, including accounting, budgeting and forecasting.

The Finance Department of the organization manages the financing needs of the company.

The finance department is committed to providing the company with accurate and timely

financial information. The department also works closely with other departments to ensure

that the company's financial resources are used efficiently and effectively.

The Department manages the cash and the other operations of credit of the company.

Preparation of monetary spending plan for the yearly activity of the organization.

Reconciliation of different bookkeeping records with bank articulation.

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Chapter 2:

Internship Activities

2.1. Detailed Description of Weekly Basis Activities

Below is the description of works performed by me during six weeks internship program at
Pdh Pharmaceuticals (Pvt.) Ltd

Week # 1

I began to work as an internee in August. This report provides a top-to-bottom look at my

experiences and adjustment to my entry-level position over the first week. On my first day, I

was warmly welcomed into the company, then I met the GM Muhammad Akhtar who

introduced me to the people working in finance department and the key staff and I get a

chance to work under his supervision. At first, they just allow me to observe the activities

being performed in different departments so I get familiar with the working environment and

the way staff is accomplishing their task in given time, My supervisor played a vital part in

assisting me with adjusting to the organization's current circumstances.

I get a chance to briefly observe the activities performed related to the internal controls of the

receiving department.

Indeed, first week was all about introduction in this office. In the receiving department I

closely observe the sales order, sales invoices and Goods dispatch note. This was all about

watching and observing how the invoice was created and how it was delivered and recorded.

The first document I saw was the invoicing register.

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Overall, first week of work was a good way to learn about how the company keeps track of

its money and how it does business.

Week # 2

In my second week, I was referred to observe another sector of the department in the office to

spend a week and observe its activities. Where I observe payroll department activities such

that salaries slips and management hierarchy.

 Calculating employee pay: This involves calculating regular pay, overtime pay,

bonuses, and other types of compensation.

 Withholding taxes and other deductions: This involves withholding taxes from

employee paychecks and remitting them to the appropriate government agencies.

Payroll departments also withhold other deductions from employee paychecks, such

as health insurance premiums and retirement contributions.

I reviewed payroll slips to see how employee pay is calculated and what taxes and other

deductions are withheld.

Week # 3

During 3rd week at PDH Pharmaceuticals, I had the opportunity to work on the preparation of

journal entries and ledgers. This involved recording the company's financial transactions in a

chronological order and organizing them into categories of accounts.

For example, I recorded journal entries for the purchase of inventory on account, the sale of

products on account, and the payment of salaries to employees. I also reconciled the

company's accounts with statements from third parties, such as banks and vendors
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Once the journal entries were recorded, I posted them to the ledgers. This involved updating

the debit and credit balances of each account. By the end of each accounting period, the

balances of the ledgers should be equal, which indicates that the company's financial

statements are balanced. Working on journal entries and ledgers gave me valuable hands-on

experience with accounting principles and practices. I learned how to accurately record

financial transactions and how to organize them into a meaningful way. I also learned how to

reconcile accounts and how to prepare financial statements.

This experience will be beneficial to me in my future career as an accountant.

Week # 4

During 4th week at PDH Pharmaceuticals, I had the opportunity to work on the preparation of

the trial balance and financial statements. This involved ensuring that the company's

accounting system was in balance and summarizing the company's financial performance and

position.

To prepare the trial balance, I first listed all of the company's accounts and then entered the

balance of each account into the trial balance. I obtained the balances from the company's

general ledger. Once all of the accounts and balances had been entered into the trial balance, I

added up the debit and credit columns. The total debits and total credits were equal, which

confirmed that the company's accounting system was in balance.

To prepare the financial statements, I used the trial balance as a starting point. I prepared the

balance sheet, income statement, and cash flow statements.

Working on the trial balance and financial statements gave me valuable hands-on experience

with accounting principles and practices. I learned how to ensure that the company's

accounting system is in balance and how to summarize the company's financial performance

and position.
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Week # 5

During 5th week, I had the opportunity to work on preparing bank reconciliation statements.

This involved comparing the balance in the company's accounting records to the balance in

its bank account and identifying and reconciling any discrepancies.

I learned how to gather the necessary information, such as the balance in the accounting

records, the balance in the bank statement, a list of outstanding checks, and a list of deposits

in transit. I also learned how to use this information to prepare the bank reconciliation

statement and to identify any errors or discrepancies. I found this experience to be very

valuable. It gave me a deeper understanding of how bank reconciliation statements work and

how they can be used to ensure the accuracy of accounting records.

There are a number of reasons why the balance in a company's accounting records may differ

from the balance in its bank account. Some common reasons include:

Outstanding checks: Checks that have been written but not yet cashed by the payee.

Deposits in transit: Deposits that have been made but not yet processed by the bank.

Bank service charges: Fees charged by the bank for services such as account maintenance

and check processing.

NSF checks: Checks that have been deposited but bounce due to insufficient funds in the

payer's account.

Week # 6

My internship's sixth week was quite light, and it seems like a pattern to me now. Since this

was my final week, I get to explore the different departments. I only had one task this week

that included dealing with banks directly. I arrived at the bank and took a seat in the branch
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manager. He turned over the cheques and drafts. He approved of it and oversaw it. Create a

slip of transactions for every draft and check after that.

Chapter 3:

How Was My Experience

3.1. My Experience

My internship at PDH Pharmaceuticals was an incredibly rewarding experience. I had the

privilege of working on a variety of projects related to accounting and finance, which gave

me valuable insights into the inner workings of the organization. I also had the opportunity to

work on several projects related to financial reporting. This experience taught me the

importance of accuracy and transparency in financial reporting. I also had the opportunity to

meet with senior managers to learn about their career paths and perspectives.

One of the things I appreciated most about my internship at PDH Pharmaceuticals was the

supervisor’s willingness in helping me throughout my journey. My supervisor and mentor

were both invested in my success and provided me with regular feedback and guidance. They

also encouraged me to take on new challenges and to step outside of my comfort zone.

After a month and a half at my entry-level job, I can honestly claim that I have learned a lot

about the company and that I now have an increasingly strong understanding of the typical

set of tasks for someone working in finance.

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3.2. Operations of Organizations

I have learned in a few critical perspectives about the operations of organization:

Organizational Culture and Values:

I acquired bits of knowledge into how an association's way of life and values assume a huge

part in forming its workplace. Understanding and lining up with the guiding principle and

mission of an association is fundamental for progress as an understudy or worker.

Teamwork and Collaboration:

I figured out how cooperation and successful collaboration are basic in accomplishing the

objectives of an association. Collaboration upgrades efficiency and takes into consideration

the sharing of different viewpoints and abilities.

Communication Skills: Successful correspondence is significant for the smooth activity of

an association. I understood the significance of clear and brief correspondence in passing on

thoughts, sharing data, and settling issues.

Professionalism: I noticed and embraced proficient lead, which incorporates reliability,

sticking to organization strategies, and keeping an elevated degree of morals and

respectability.
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3.3. Level of Responsibility

My supervisor gave me a manageable amount of responsibility throughout my internship.

The tasks and responsibilities assigned to me were planned to advance my education and

professional development. They may not have been of utmost significance to the association,

but they were meant to help me gain practical experience and furnish my skills in the field.

My supervisor furnished me with a scope of financial handlings and accounts management.

These tasks included learning and working according to the financial position of the

company, so that necessary actions should be taken.

The degree of obligation expanded continuously as I acquired insight and showed my

capacity to actually deal with tasks.

My supervisor emphasized the significance of nonstop learning, and I was urged to clarify

some pressing issues, look for direction when required, and team up with other internees.

This approach permitted me to assume on greater liability as I turned out to be more capable

in the assigned tasks.

Generally speaking, the degree of obligation given to me during my entry level position was

appropriate for my learning and expertise improvement. It permitted me to acquire involved

insight and build foundation.

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3.4. Skills and Qualification

3.4.1 Financial analysis

In addition to my accounting work, I also had the opportunity to gain experience in financial

analysis. For example, I analyzed the company's financial statements to identify trends and

patterns in sales, revenue, and expenses.

3.4.2 Communication and teamwork

As an intern at PDH Pharmaceuticals, I had the opportunity to interact with a variety of

stakeholders, including accountants, financial analysts, and senior management. I learned the

importance of clear and concise communication, as well as the ability to work effectively

with others to achieve common goals. For example, I worked with a team of accountants to

prepare the company's annual budget. This project required me to be able to communicate my

ideas clearly and to collaborate effectively with others.

3.4.3 Professionalism

As an internee, it is important to maintain confidentiality, be ethical and honest in all

dealings, be reliable and meet deadlines, and be respectful of others. During my internship at

PDH Pharmaceuticals, I strived to uphold these professional standards. For example, I always

kept confidential information confidential and I was always honest and transparent in my
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dealings with others. I also made sure to meet all deadlines and to be respectful of the time of

others.

3.4.4 Continuous learning and adaptability:

Because associations are dynamic, I discovered what flexibility means. It is essential to have

the ability to constantly advance, adapt to new technologies and methods, and stay up to date

with market trends.

3.4.5 Hierarchical Culture:

I learned a little bit about how a group's values and way of life influence the workplace.

Fitting in and making a contribution actually need an understanding of and alignment with

certain social attitudes.

3.4.6 Leadership and mentoring:

I observed how coaches and pioneers guide and assist their colleagues. Leading involves

inspiring and collaborating with others to achieve common goals.

3.4.7 Networking:

I realized how important it is to create effective groups. Organizing offers incredible

opportunities for professional and personal growth.

3.5 Expectations and Achievements:

3.5.1 Objectives

My objective for the internship at PDH Pharmaceuticals was to gain hands-on experience in

the field of finance and accounting and to get a chance to learn real time scenarios and

working experience rather than just taking classroom lectures without performing practical
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task to see how organizations handle their finance for decision making, and develop the skills

and knowledge necessary to have a successful career in accounting.

3.5.2 Achievements

I was really fortunate to get a chance to work under the supervision of amazing people who

helped me achieve my goal. I learned a lot more concise knowledge and skills that would be

impossible to attain without my working experience as an internee. I observed how financial

statements are being prepared and how receiving and payroll department works. As a whole I

achieved what I expected and learned according to my interests.

3.6 Challenges

Sure, here are some challenges I faced during my internship at PDH Pharmaceuticals:

Learning curve

The pharmaceutical industry is a complex and highly regulated industry.. I also had to learn

about the company's financial analysis requirements.

To overcome this challenge, I made sure to ask questions and to seek out opportunities to

learn from my mentor and other team members.

Workload

The workload was often heavy, especially during observing multiple departments. I had to

learn to manage my time effectively and to prioritize my tasks. I also had to learn to say no to

new commitments if I was already feeling overwhelmed.

To overcome this challenge, I developed a daily to-do list and I prioritized my tasks based on

importance and urgency.

Deadlines
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The company had tight deadlines for completing financial statement analysis and other tasks.

I had to learn to work under pressure and to meet deadlines.

To overcome this challenge, I broke down large tasks into smaller, more manageable tasks. I

also set realistic deadlines for myself and I made sure to communicate my deadlines to my

mentor and other team members.

Communicating with technical experts

I often had to communicate with financial experts, such as managers. I had to learn to

understand their work and to communicate complex financial concepts in a clear and concise

way.

To overcome this challenge, I made sure to do my research before meeting with financial

experts. I also asked clarifying questions and I took notes to ensure that I understood their

work.

Working as part of a team

I had to learn to work effectively with other members of the accounting team. This involved

learning to collaborate on projects, share information, and resolve conflicts.

To overcome this challenge, I made sure to be open to feedback and to be willing to

compromise. I also made an effort to get to know my team members on a personal level. This

helped to build trust and rapport, which made it easier to collaborate on projects and to

resolve conflicts.

I am grateful for the opportunity to have faced these challenges during my internship at PDH

Pharmaceuticals. They helped me to grow as an financial analyst and to develop the skills and

knowledge necessary to have a successful career in the field of finance.

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3.7 Correlation between Experience and Classroom Knowledge

During my internship, I had the opportunity to experience the difference between classroom

knowledge and working knowledge. In the classroom, I learned about accounting principles

and practices in a theoretical way. I learned how to record financial transactions, prepare

financial statements, and analyze financial data. However, I didn't fully understand how these

concepts applied to the real world until I started working at PDH Pharmaceuticals.

One of the biggest differences I noticed was the level of detail required in the workplace. In

the classroom, we often used simplified examples to illustrate accounting concepts. However,

in the workplace, I had to deal with complex financial transactions and financial statements. I

also had to learn about the company's specific accounting policies and procedures.

Another difference I noticed was the importance of communication and teamwork in the

workplace. In the classroom, I worked on individual assignments and projects. However, in

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the workplace, I had to collaborate with other members of the accounting team to complete

tasks.

Finally, I learned that working in the accounting field requires more than just technical

knowledge. I also had to develop soft skills such as problem-solving, critical thinking, and

communication.

Here are some specific examples of how my classroom knowledge differed from my working

knowledge:

Classroom knowledge:

Financial statements, such as the balance sheet, income statement, and cash flow statement.

Financial analysis techniques, such as ratio analysis.

Working knowledge:

How to apply accounting principles and practices to real-world transactions.

How to prepare financial statements in accordance with company’s real time analysis.

How to analyze financial data to identify trends and patterns and to assess a company's

financial performance.

How to communicate complex financial concepts to both technical and non-technical

audiences.

How to work effectively with other members of the accounting team and with other

departments within the company.

I am grateful for the opportunity to have experienced the difference between classroom

knowledge and working knowledge. It has helped me to develop the skills and knowledge

necessary to have a successful career in accounting.

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Chapter 4:

Summary and Recommendations

4.1 Overall Summary

During my internship at PDH Pharmaceuticals, I had the opportunity to learn about a variety

of accounting tasks, including journal entries, ledgers, trial balances, financial statements,

bank reconciliation statements, and working with banks directly.

In the first week, I learned about the invoicing process and the activities of the receiving

department. In the second week, I learned about payroll and how to calculate employee pay

and withhold taxes and other deductions. In the third week, I prepared journal entries and

ledgers and learned how to record financial transactions and organize them into a meaningful

way. In the fourth week, I prepared the trial balance and financial statements and learned how
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to ensure that the company's accounting system is in balance and how to summarize the

company's financial performance and position. In the fifth week, I prepared bank

reconciliation statements and learned how to reconcile the balance in the company's

accounting records to the balance in its bank account and identify and reconcile any

discrepancies. In the final week, I worked with banks directly to process checks and drafts

and create transaction slips.

Overall, my internship experience at PDH Pharmaceuticals was very positive. I learned a lot

about accounting and gained a deeper understanding of how the finance department operates.

I also had the opportunity to develop my soft skills, such as communication and teamwork. I

am confident that the skills and knowledge I gained during my internship will serve me well

in my future career as an accountant.

4.2 Recommendations for IBIT

 Offer more hands-on learning opportunities. This could include internships,

apprenticeships, and capstone projects. It is important for students to have the

opportunity to apply what they learn in the classroom to real-world situations.

 Incorporate more practical exercises into coursework. This could include case studies,

simulations, and project-based learning. By working on practical exercises, students

can develop the skills and knowledge they need to succeed in the workplace.

 Provide more resources for students to develop their soft skills. Soft skills, such as

communication, teamwork, and problem-solving, are essential for success in the

workplace.

4.3 Recommendations for New interns in the Organization

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 This is a challenging job, as the I have to deal with a wide range of people, from

senior supervisors to uneducated contract workers.

 I enjoyed the experience and is learning a lot.

 I recommend development work for temporary positions or internships, as it is a good

way to learn how to deal with a variety of people and gain practical skills that can be

used in any field.

References

www.pdhpharma.com

www.pharmalabs.com

Pdh Pharmaceuticals (Pvt.) Ltd Profile

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Appendix