REQUIREMENTS Resume Application letter Internship Plan (see V. #2) Endorsement letter (1 / person) (see V. #3) Accounting for hours worked time card (DTR)

I. Descriptive Title:INTERNSHIP ON ACCOUNTING PRINCIPLES

II. Course Number:ACCTG 504

III. Prerequisite Subject:ACCTG 501 & Completion of at least 90% of courses in the BSMA curriculum

IV. Course Description- requires a minimum of one semester and will include a minimum of 300 contract hours- requires a written report and should cover the following:1) Description of key task and responsibilities2) Evaluation of training and overall learning environment by cooperating agency3) Evaluation of student by internship experience4) How well Accountancy Program prepared them for internship experience5) Recommendations for improvement of specific internship position and accountancy internship course6) Total number of hours worked during internship

V. Guidelines1) Before deployment to cooperating agencies, faculty internship advisor shall:- Proper attire/ uniform to be used- require the submission of the following:a) Curriculum vitae in two (2) copies: 1 copy for advisor and 1 for agencyb) Envelope / folder (long) to place submitted reportsc) Index card (5x8) to indicate remarks/summary reports for each intern2) The internship plan is prepared by the intern at the beginning of the term

ObjectivesSpecific/Actual work to be doneExpected outputTime frame

- This is accomplished in four(4) copies:1st copy internship advisor2nd copy representative of cooperating agency3rd copy head, department of accountancy4th copy intern3) The faculty advisor prepares endorsement letter and has it endorsed by the Head of the Department and the Dean of the School4) The interning students grade will be determined by the faculty advisor, based on the following components:a) Progress Report- prepared by the intern and should coincide with internship plan submitted. - submitted every other two weeks supported by daily time card (DTR)- accomplished in three (3) copies1st copy faculty advisor2nd copy representative of agency (optional)3rd copy internb) Final Report- prepared by the intern at the end of the term- This should be HAND WRITTEN and not more than three (3) pages- The following are to be commented by the interna) Description of key task and responsibilities performed during internshipb) Assessmentof most valuable things learned from internship c) Evaluation of training and overall learning environment provided by employer d) Evaluation of your internship experience and how it impacted career goals e) How well the Accountancy program prepared you for the internship f) Recommendations for improvement of- Specific internship position- Accountancy Internship Course in general g) Total number of hours worked during internship- This is accomplished in three (3) copies1st copy faculty advisor2nd copy Head of the department3rd copy internc) Internship Evaluation- filled up by the students on-site supervisor at the cooperating agency- shall be signed and placed in a sealed envelope when submitted to the faculty5) At the end of the term, the faculty internship advisor shall submit the following to the Head of The Department of Accountancy- Summary report- Final report of each student- Summary of recommendations/suggestions of Cooperating Agency for the improvement of Internship Program - Evaluation of internship

VI. Grading System

PRELIMSMIDTERMSTFG

Internship Plan20%

Periodic Progress Report45%65%5%

Observation during visit35%35%5%

Final Report15%

Internship Evaluation75%

TOTAL100%100%100%