Shalby Multi Speciality Hospitals Ltd. Summer Internship Report

Abstract

The Summer Internship Report contains information about the financial of the company Shalby Multi Speciality Hospitals Ltd. and Griffin MediQuip. The main purpose of the summer internship report is to explain the findings from the financial statements to assist in decision making of the to reduce the vendor and creditor discrepancy. Objective to be achieved • To understand the basic concepts of Finance and Accounts. • To compute the Market Position of the player. • To analyse the vendor and creditor related issue in other competitor companies. • To compare the progress of the company with the benchmark of the sector. The first week had been selected as an introductory to the company. The second week was comprised of reconciliation of the company’s vendor. The third week was comprised of analysis of financial statements of Shalby Multi Speciality Hospitals Ltd. The fourth week was comprised of analysis of financial statements of Griffin Mediquip LLP. Griffin Mediquip Llp is a Ltd. Liability Partnership firm which was incorporated on 23 July 2012. The fifth week was comprised of analysis of medical sector. The sixth week was comprised of analysis of competitors of the company. The seventh week of the internship was to report the findings of the analysis. The eight and the last week was assigned to summarise the whole internship process as a whole. For being able to work in a finance department a MBA Grad has to be able to know the basic of the accounting therefore the brief introduction on Reconciliation of Vendor and Company subsidiary was given in the first week and then the further details was provided. The Internship was divided into weekly basis compromising of reporting on weekly basis about the understanding of the project during the 8-week internship. A problem-solving type project was assigned. The problem for the project was huge discrepancy between Vendor and Creditor of the company. For an Intern, the work was assigned by Mr. Dipen Sir to report the findings and for further work Assigned in further process. The Internship was divided into weekly basis compromising of reporting on weekly basis about the understanding of the project during the 8-week internship.