Daniel-Final Internship Report.docx - President University

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President University

Internship Report for

MNA Consulting

Daniel Ronaldo Nainggolan Accounting-Taxation 2015

008201500111

December 2018

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Completion Letter

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PREFACE

First of all, I would like to give my deepest gratitude to Jesus Christ because of His blessing, i could finished my internship in MNA Consulting for this past four months. This final report is made as a completion of Internship Program in Accounting Study Program, President University.

In arranging this report, the author truly gets lots challenges and obstructions but with help of many individuals, all of those challenges and obstructions could be passed. The author also realized there are still many mistakes in process of writing this final report.

Moreover, the author also thanks to MNA Consulting, Mr. Ady as managing partner, Mr.

Deni prihastonoas as human resource, Mr. Alexander Purba as internship coordinator, and all of the employee who work in MNA Consulting. They helped, supported, taught the authors for the work being done during the period.

It should be realized, that with all of this limitations, the author has tried to write this report as well as possible. Nevertheless, the results of this internship final Report is still far from perfect. In the end, the authors hope that the report will useful for everyone, especially for the readers who will have their internship.

Cikarang, 9 Jan, 2019

Daniel Ronaldo

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CHAPTER I INTRODUCTION

1.1 Background

President University is one of the university in Indonesia who offer internship program to their student to make them learn and adapt to the worklife for their future career. This program also help the students to learn in the real fieldwork in based on their major and can give them experience. People who have had work experience will be more considered and prioritized in applying for work applications. This is because people who already have work experience are considered more ready to work than those who have never worked at all.

In addition, this automatically makes them more marketable; as they may require less training and are assumed to be able to handle more responsibilities. In addition to the specialized skills of your field, transferable skills are generally required at any job, e.g. communication / interpersonal skills, computer proficiency, and team work.

Students experiencing internship program are not only trained to be competitive in finding a job, but also expected to be responsible and adaptive to their working environments in the process of learning. Additionally, they will one day meet and deal with many types of people opposing them in the real working experience therefore internship will be one of many means in developing student's maturity and insight.

1.2 Objectives of the Internship

 Expose the student to the environment and expectations of performance on the part of accountants in professional accounting practice, private or public companies or government entities.

 Expose the student to professional role models or mentors who will provide the student with support in the early stages of the internship and provide an example of the behaviors expected in the intern's workplace.

 Develop student abilities to achieve performance goals based on the

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responsibilities and duties.

 Develop student ability to asses and direct achievement of specified performance goals.

 Enhance or expand the student's knowledge of a particular area(s) of accounting.

 Gain an understanding of the overall institution/organizational structure andtheir management philosophy (or corporate culture) and clientele base, as wellas their relative position to other local, national and /or global competition in the market place.

1.3 Benefits of the Internship 1.3.1. Get a lot of connections

Beside get new skills, through internship program the student also can get a lot of connections. It is because during internship the student will do some interactions with new people related to the job. Through interactions, people will know each other better than before and then it can indirectly create new connections. The reason is when they have a lot of connections; it may give benefits and advantages for the interns in the future.

1.3.2. Get new experiences

Internship also can give new experience to the intern such as work experience. In order to receive new employees, the company is looking for graduate person and person who has work experience will get more chances to get new job cause they had been work in the workplace before.

1.3.3. Be able to experience a prospoctive career path

Most students enter college with an idea of a major or career path and most students end up changing their minds. Exploring is a very important part of the academic process, and gaining a work experience is a great way for students to acquaint themselves with a field they are looking to learn about.

1.3.4. Get more new skills

During internship program, the intern definitely will get more new skills in their workplace, for instance the intern asked to prepare and execute

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below the line activity of company, but the intern never know the process before. However, during internship the intern is not only implementing the knowledge, but also learn about something new which I never done it before. Therefore, when I did it I will get another work experience.

1.3.5. Improve personal development

Another benefit through internship, the student can improve their personal development. The intern gets to learn about something new that lead to improve their personality and ability.

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CHAPTER II

COMPANY PROFILE 2.1 About the Company

Name of Company : MNA Consulting

Address : Grha Tirtadi, 4th Floor, Room 402 Jl. Raden Saleh No.20

MNA was established in July 2011. Starting from friendship while taking customs education, they later established a company called MNA Consulting (Muliawan Nainggolan Abdinegara). MNA Consulting is a team of professionals who are committed to providing the highest level of services to their clients. MNA Consulting provide services on tax and customs consulting services, to assist their client in assessing their past and present positions, which in turn will ensure proper and effective planning for success in their future. MNA mission is to guide their client through the complex maze of doing business in Indonesia and help them identify the key performance indicators so they can manage their business effectively. Formulating effective tax strategies for corporations, business owners and high net-worth individuals is an important component of MNA CONSULTING’ portfolio of client services. MNA also offer comprehensive tax counseling to maximize capital efficiency, and appropriate tax compliance.

2.2 Product and Services A. Tax Services

 TAX CONSULTING.

Design strategic tax solutions that are sensitive to your company’s goals and culture as well as your particular finances.

 TAX COMPLIANCE

Help minimize your tax burden through planning, financial forecasting, and a constant monitoring of changes in the tax laws and regulations.

 TAX LITIGATION SERVICES

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MNA will assist you throughout the duration of the tax audit and any tax objection or appeals that may arise. This includes reviewing relevant documents prior to submission, drafting correspondences for the tax authorities and representing you in meetings with the tax authorities or at the tax court.

 TAX PLANNING AND PREPARATION

MNA tax planning services include a review of current law, in addition to consideration of proposed laws and areas of potential tax losses.

 Tax diagnostic review

MNA can conduct a review to identify and evaluate risks and provide reports and recommendations on The company’s compliance with the prevailing tax laws and regulations, The company’s potential exposure to tax assessments and penalties, Improving the company’s tax administration system

B. CUSTOMS SERVICES

 CUSTOMS ADVISORY AND COMPLIANCE REVIEW

With an acceptable level of compliance, companies can gain significant benefits, such as simplified import and export procedures, relief of import duties and taxes, and proportional control conducted by customs.

 CUSTOMS DISPUTE RESOLUTION

Assist client company in the settlement process of Customs dispute such as audit assistance, objection and appeal, or other special Customs Cases.

 CUSTOMS LICENSE INSTRUMENTS

This service is to assist client company in the process of obtaining various licenses in the area of customs issued by Directorate General of Customs and Excise.

C. MANAGEMENT CONSULTING SERVICES

Management consulting refers to both the industry and the practice of helping organizations to improve their performance, primarily through the analysis of existing organizational problems and development of plans for improvement.

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CHAPTER III

INTERNSHIP ACTIVITIES

It was a great for working as an internee in MNA Consulting. As one of the requirements to complete the study in President University, working as an intern in worldwide company is needed to build reliable worker character, consistency, and patience for student’ dedication while working as a real employee.

In the taxation department, the supervisor guided me well. From basic one until the complicated tasks that make me easily understand the tasks without further confusing while the partners give different cases in the same tasks cycle. Sometimes I also need to ask anything unclear and their good attention to me make them not only answering everything I asked, but also guiding me to perform what is unclear to be perfect and complete. I work in 7-8 hours in a day.

During the internship program, the basic tasks I did are;

1. Help senior to input data to eSPT

2. Help senior to find and prepare documents to be taken to the tax court

During my Internship activities, I learned about how to implement a good coomunication, work under pressure, team work, working in tight deadline, and time management.

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CHAPTER IV

PERSONAL RESULT AND POINTS LEARNED

4.1 Personal result

Internship is one of the most important part of university’s learning. As an intern MNA Consulting for 4 months, I learn a lot of skills and knowledge.

The internship was worthwhile for me. I learn so many knowledge and skill about work even though I feel very tired. I learn how to work in under pressure with the deadline which gave from my supervisor. I experienced on how become a real employee. Besides that, the other important key to be success as employee, it is soft skills. Soft skills in here could be socializing, communication, adapt in new environment and motivation.

Internship is very useful for my implementation way of theories that I learnt before and it gave me a figure about the real working environment. As an intern in MNA, sometimes I face many misscommunication. In that situation, I learned how to deal with these things and push me to more confidence to talk with another people.

In the place I work, I tried to interact professional with the colleague. My superior forces me to not be shy asking what I didn’t know. Interaction with others in the fieldwork is not easy, everyone is busy while I need to ask the complicated task. At first it was nervous, but after trying interaction with them I realize that they are so kind and care to me. In my mind, they of course have many interaction experiences in the field work. So they know how to treat with interns.

4.2 Point Learned

Realizing that one of the internship purposes is to obtain key learning or lesson-learned by experiencing the real working experience through internship, here are some points learned that has been successfully obtained by the student:

1. Internship program has been very valuable experiences. From internship program the students have learned how real working experiences, and

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implementing the entire course given from the last 8 semesters from university. With the assist from a professional and mentor the students able to get career experience and self-development and motivation.

2. The student has knowledge for personal strength and weakness. How it might affect writer’s performance, how to overcome weaknesses and enhance strengths.

3. In personal growth, the student knows how to adapt in working environment, how communicate and behave many people with different characters and levels, how to develop self-management, be discipline, take responsibilities, more active and initiative.

4. The student can grow a connection from various company and institutions (conduct a meeting with client might resulting reference). That can help the student for the future career or social life.

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CHAPTER V RECOMMENDATION

5.1 Recommendation for Company

The recommendation for companies that hire students as an intern, they should guide the internee properly. So, by that the internee will gain knowledge and skill also. The companies may let the intern to accompany them for coming to tax court for facing trial on the behalf of the client or related activities, this kind of activity may give lot of opportunities for internee to learn every step that should be taken in the future.

5.2 Recommendation for University

It’s better if the university provide the students with more brief information and specific requirements about the internship earlier based on their major, especially for the grading system and task that should have done. Then for accounting study program, it’s needed to learn about accounting software in the university and provide accounting laboratory. It will make the student have a skill in practice before they face a real work.

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Appendices

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