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Syed Umair Ahmed
Syed Umair Ahmed

This internship report summarizes the author's 6-week internship at the Finance Department of Sui Southern Gas Company (SSGC). The report provides an overview of SSGC, including its vision, mission, objectives and organizational structure. It describes the key responsibilities of the Finance Department, such as maintaining the general ledger, managing fixed assets, conducting inventory accounting, and preparing cost and revenue budgets. In conclusion, the author expresses gratitude for the learning experience and offers suggestions to further strengthen SSGC's finance practices.

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BUSINESS INTERNSHIP REPORT ON Internship Report Is Submitted Towards the Partial Fulfillment Of The Requirement for the Degree Bachelor of Business Administration Submitted By:
DEDICATION This humble effort is dedicated to my family members especially to my PARENTS I just want to thank them for sharing the strength of love and affection, for their kindness and caring, make my world much better and brighter and for being such a blessing to me.
EXECUTIVE SUMMARY This report is a summary and analysis of activities and experiences undertaken by me in duration of fulfilling the required internship program. SSGC The object to write this report is to supply meaningful material not only for the students who have complete this training purpose further comes in this department. To meet the energy requirements of customers through reliable, environment-friendly and sustainable supply of natural gas, while conducting company business professionally, efficiently, ethically and with responsibility to all our stakeholders, community and the nation. To be a model utility, providing quality service by maintaining a high level of ethical and professional standards and through the optimum use of resources. The Company aims to supply natural gas wherever there is sufficient load to justify the cost of infrastructure. In many places the gas network is being expanded to meet economic and social requirements through active funding support from the Federal and Provincial governments.
ACKNOWLEDGEMENT I am very delightful and gratitudeof Almighty ALLAH who bestowed me with patience and persistency in completing my Six weeks of Internship Program at SSGC and in achieving my task fruitfully.I would like to express and sincere and deepest gratitude to my worthy Dean Internship Guider SIR IMAMMUDDIN KHOSO, Director, Institute of Business Administration,University of Sindh, Jamshoro for his valuable and important suggestion in the completion of this task of internship report on Sui Southern Gas Company. Then I would like to extend mygratitude to SSGC Finance Department for givingme an opportunity to enrich and upgrade my experience and skills. I am highly indebted to many people for their cordial, material and immaterial support. In this regard, I would like to thank Mr. MumtazHussainShaikh (DGM F & A Hyderabad) and Mr. Muhammad Ismail Ababsi DCM Finance for their immense support and unwavering guidance that helped me movingto the right direction. They provided me a favorable learning environment their support and cooperation worked like a driving force to me at SSGC where I got plenty of experience regarding corporate culture.
CERTIFICATE OF APPROVAL This is to certify that business internship reporton SSGC Hyderabad Has been successfully carried out and submitted in person with this office. By: Student of M.B.A (MASTERS of Business Administration) From INSITUTE OF BUSINESS ADMINISTRATION UNIVERSITY OF SINDH JAMSHORO This internship report is general as partial fulfillment of the aforesaid Course of business administration. This research work in this report is hereby certified as the original Achievement of the candidate and duly approved. SIR IMAMUDDIN KHOSO DIRECTOR IBA
TABLE OF CONTENTS - CH # 01 INTRODUCTION TO SSGC 1 09 Introduction 2 SSGC at a Glance 3 Core Business 3 SSGCs Vision 4 SSGCs Mission 4 Core Values 4 Company Objectives 5 Future Outlook 6 Research Methodology 8 Limitation 9 CH # 02 ORGANIZATION STRUCTURE 10 12 Organizational Structure 11 Hierarchy of Management 12 CH # 03 OVERVIEW OF THE FINANCE DEPARTMENT 13 18 Overview of the Finance Department 14 Major Accounting Policies 15 Areas of Working 18 CH # 04 GNERAL LEDGER 19 24 Function 20 Purpose 20 General Ledger Reports 20 CH # 05 FIXED ASSETS AND CAPITAL BUDGET 25 30 Function 26 Working of Fixed Assets 26 Budget Proposal 26 Fixed Assets Purchase Process 27 Depreciation and Adjustment Process 29 Retirement of the Assets 29
CH # 06 INVENTORY ACCOUNTING 43 49 Function 44 Working 44 Store Dealing 47 Purpose of Store Document 47 CH # 07 COST AND REVENUE BUDGET SECTION 50 55 Function 51 Purpose 51 Budget Planning Process 51 Uploading Budget 52 Additional Budget and Re-appropriation 55 CH # 08 CONCLUSIONS & SUGGESTIONS 56 58 Conclusions 57 Suggestions 58 - REFERENCES

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  • 1. BUSINESS INTERNSHIP REPORT ON Internship Report Is Submitted Towards the Partial Fulfillment Of The Requirement for the Degree Bachelor of Business Administration Submitted By:
  • 2. DEDICATION This humble effort is dedicated to my family members especially to my PARENTS I just want to thank them for sharing the strength of love and affection, for their kindness and caring, make my world much better and brighter and for being such a blessing to me.
  • 3. EXECUTIVE SUMMARY This report is a summary and analysis of activities and experiences undertaken by me in duration of fulfilling the required internship program. SSGC The object to write this report is to supply meaningful material not only for the students who have complete this training purpose further comes in this department. To meet the energy requirements of customers through reliable, environment-friendly and sustainable supply of natural gas, while conducting company business professionally, efficiently, ethically and with responsibility to all our stakeholders, community and the nation. To be a model utility, providing quality service by maintaining a high level of ethical and professional standards and through the optimum use of resources. The Company aims to supply natural gas wherever there is sufficient load to justify the cost of infrastructure. In many places the gas network is being expanded to meet economic and social requirements through active funding support from the Federal and Provincial governments.
  • 4. ACKNOWLEDGEMENT I am very delightful and gratitudeof Almighty ALLAH who bestowed me with patience and persistency in completing my Six weeks of Internship Program at SSGC and in achieving my task fruitfully.I would like to express and sincere and deepest gratitude to my worthy Dean Internship Guider SIR IMAMMUDDIN KHOSO, Director, Institute of Business Administration,University of Sindh, Jamshoro for his valuable and important suggestion in the completion of this task of internship report on Sui Southern Gas Company. Then I would like to extend mygratitude to SSGC Finance Department for givingme an opportunity to enrich and upgrade my experience and skills. I am highly indebted to many people for their cordial, material and immaterial support. In this regard, I would like to thank Mr. MumtazHussainShaikh (DGM F & A Hyderabad) and Mr. Muhammad Ismail Ababsi DCM Finance for their immense support and unwavering guidance that helped me movingto the right direction. They provided me a favorable learning environment their support and cooperation worked like a driving force to me at SSGC where I got plenty of experience regarding corporate culture.
  • 5. CERTIFICATE OF APPROVAL This is to certify that business internship reporton SSGC Hyderabad Has been successfully carried out and submitted in person with this office. By: Student of M.B.A (MASTERS of Business Administration) From INSITUTE OF BUSINESS ADMINISTRATION UNIVERSITY OF SINDH JAMSHORO This internship report is general as partial fulfillment of the aforesaid Course of business administration. This research work in this report is hereby certified as the original Achievement of the candidate and duly approved. SIR IMAMUDDIN KHOSO DIRECTOR IBA
  • 6. TABLE OF CONTENTS - CH # 01 INTRODUCTION TO SSGC 1 09 Introduction 2 SSGC at a Glance 3 Core Business 3 SSGCs Vision 4 SSGCs Mission 4 Core Values 4 Company Objectives 5 Future Outlook 6 Research Methodology 8 Limitation 9 CH # 02 ORGANIZATION STRUCTURE 10 12 Organizational Structure 11 Hierarchy of Management 12 CH # 03 OVERVIEW OF THE FINANCE DEPARTMENT 13 18 Overview of the Finance Department 14 Major Accounting Policies 15 Areas of Working 18 CH # 04 GNERAL LEDGER 19 24 Function 20 Purpose 20 General Ledger Reports 20 CH # 05 FIXED ASSETS AND CAPITAL BUDGET 25 30 Function 26 Working of Fixed Assets 26 Budget Proposal 26 Fixed Assets Purchase Process 27 Depreciation and Adjustment Process 29 Retirement of the Assets 29
  • 7. CH # 06 INVENTORY ACCOUNTING 43 49 Function 44 Working 44 Store Dealing 47 Purpose of Store Document 47 CH # 07 COST AND REVENUE BUDGET SECTION 50 55 Function 51 Purpose 51 Budget Planning Process 51 Uploading Budget 52 Additional Budget and Re-appropriation 55 CH # 08 CONCLUSIONS & SUGGESTIONS 56 58 Conclusions 57 Suggestions 58 - REFERENCES