Balaraju and Co Chartered Accountant

MADGHUSHREE. S
PES1UG21BB074

Jayati Gupta, Assistant P. Balaraju, Proprietor of

Professor of PES University. Balaraju and Co
Balaraju and Co, Chartered Accountants
Table of Content
Sr.
No.
Contents of the Presentation
1. Study of Functional Departments-any 2
2. Role/Job Profile in organization
3. Survey/Analysis (If Any)
4. Article on problem identified in the organization
5. Week 3 and Week 4 learning

6. Images/Photos of your participation in the activities and events carried out at the
organization.
7. Learning Experience

8. Conclusion and recommendation

9. Reference

10. Annexure
Title of the Internship/Study
Study of Functional Departments-any 2

PROPREITOR-
A sole proprietor is a commonly used legal term that describes the single owner of a business,
someone who is also legally tied to the respective company and considered the same legal entity.

AUDITORS-
Auditing is an activity of verifying, checking, and evaluating financial statements. As the financial
statements are prepared based on an organization’s accounting records, auditing covers the
checking of accounting records.

ARTICLE ASSISTANTS/CA ARTICLESHIP-

CA (Chartered Accountancy) Articleship is a practical training program that is one of the
mandatory requirements of the Institute of Chartered Accountants of India (ICAI) in order to
become a Chartered Accountant. Candidates who pursue this training are called as Articled
Assistants, or simply Articles.
Balaraju and Co, Chartered Accountants
Study of Functional Departments-any 2

Duties of CA firm-

They work in fields of business and finance, includes auditing, taxation, financial, accounting,
law and general management.

Auditors-
Check and verify financial statements of companies.

Article assistants-
assisting the Chartered Accountant in carrying out audits, tax filings, and other accounting-
related tasks. The ideal candidate will have a strong foundation in accounting principles, tax
laws, and audit procedures.
Balaraju and Co, Chartered Accountants
Role/Job Profile in organization

AUDITOR-
My role in the organization is auditing Bank financial statements.
It helps determine the validity and reliability of accounting information represented using
financial statements.
Understanding the financial statements of the organization.
Auditing starts when the work of an accountant is complete. Once the financial statements are
prepared, the auditor starts verifying the completeness and accuracy of the financial
statements.
Verification of documents to establish audit trials.
An audit trail is a systematic record to trace the source of financial data and provides
chronological, documentary evidence of a series of activities and is therefore used to verify the
accuracy of data and track transactions. The Ministry of Corporate Affairs has made it
compulsory for companies to maintain an audit trail database on their accounting software.
Balaraju and Co, Chartered Accountants
Survey/Analysis of data collected

The Data about their organization was collected through face to face interview
with the proprietor.

The information about Chartered Accountant was collected through search.

Balaraju and Co, Chartered Accountants
Article on problem identified in the organization

As it is a private company they are limited.

They have limited number of clients.
They work with clients in particular areas.
They work with limited companies.
They have competitive CA in the same area.
Balaraju and Co, Chartered Accountants
Learning Experience (week 3 and 4)

Week 3-
Tallying bank statements of Giri Prasad D, Harshini M, Redappa.

Week 4-
Tallying /auditing bank statements of Kushal Electricals- Raju M, Vedha.
Balaraju and Co, Chartered Accountants
Images/Photos of your participation in the activities and events carried out at the organization.

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Balaraju and Co, Chartered Accountants
Learning Experience

My overall learning experience-

I was introduced to tally and CA for the first time.
I learnt the basics of tally software its uses, how to operate, copying path, tracing path.
I learnt how to tally bank statements of clients.
It is a continuous process.
It takes a lot of time.
As a Auditor I should check and verify the bank accounts accurately and the statement
will tally.
If the statement doesn’t tally the article assistant will check and verify again.
It is further checked by proprietor while meeting clients.
It involves maintaining files of the companies.
Balaraju and Co, Chartered Accountants
Conclusion and recommendation

In conclusion the CA firm caters the needs and take care of companies to manage their expenses,
taxes, and overall financial , accounting of the companies and provide advice by laws to the
companies they get work in.
CA ‘s are considered to be very hardworking and trustable professionals.
They prevent fraud and handle things correctly in a manner.
They are highly disciplined, have their own certifications and merits.
Balaraju and Co, Chartered Accountants
Reference

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Balaraju and Co, Chartered Accountants
Annexure

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THANK YOU
Name of the Student/Students
SRN of the Student/Students