MINDANAO STATE UNIVERSITY ILIGAN INSTITUTE OF TECHNOLOGY

COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY

Andres Bonifacio Avenue, Brgy. Tibanga, Iligan City

A NARRATIVE REPORT OF THE ON-THE-JOB-TRAINING UNDERTAKEN AT

P&A GRANT THORNTON FINANCE & ACCOUNTING OUTSOURCING DIVISION
23rd Floor Tower 1 The Enterprise Center, Ayala Avenue, Makati City 1200

In Partial Fulfillment of the Requirements of the Course

ACCTG 197 On The Job Training

Submitted to:
Prof. Tressa Maye H. Salarza
Department of Accountancy
On-the-Job Training Coordinator

Submitted by:
Robert Jayson A. Uy
Bachelor of Science in Accountancy

July 2016
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Republic of the Philippines

Mindanao State University - Iligan Institute of Technology

Iligan City 9200
Tel. (063) 221 4050 to 55 fax no. (063) 3516173
http: /// www.msuiit.edu.ph
e-mail: msuiit@ccl.msuiit.edu.ph

COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY

Department of Accountancy
_________________________________________________________________________

APPROVAL SHEET

A report entitled A NARRATIVE REPORT OF ON-THE-JOB TRAINING CONDUCTED

AT P&A GRANT THORNTON FINANCE & ACCOUNTING OUTSOURCING DIVISION,
23rd Floor Tower 1 The Enterprise Center, Ayala Avenue, Makati City 1200 prepared and
submitted by Robert Jayson A. Uy, in partial fulfillment of the requirements of the course
ACCTG 197 On the Job Training, and for the degree of Bachelor of Science in
Accountancy (BSA), is hereby endorsed.

TRESSA MAYE H. SALARZA

OJT Coordinator
The report entitled A Narrative Report of On the Job Training conducted at P&A GRANT
THORNTON FINANCE & ACCOUNTING OUTSOURCING DIVISION is hereby accepted
as a partial fulfillment of the requirements of the course ACCTG 197 On the Job Training,
and for the degree of Bachelor of Science Accountancy.

JAHARA D. IBRAHIM
Chairperson, Department of Accountancy

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__________________________
Date

TABLE OF CONTENTS

Introduction.

Profile of the Company

Training Experience.

Summary of Accomplishment and Contribution.

15

Competencies Gained and Learning Experience.

17

Impact to the Field of Specialization

18

Conclusion

19

Recommendation..

19

Appendix..

21

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Introduction
As an accountancy student, I know for a fact that what I learned in my academic training
are insufficient if I wont take a first-hand experience on how accounting is really done in a
practical sense. Furthermore, I need to widen my understanding in my field of specialization if
I am to be at par against other graduates. Thus, I find my On-the-Job Training an avenue to
actually apply my academic training experience for four years to a workplace experience. My
OJT at P&A Grant Thornton Outsourcing, Inc. gave me the opportunity to understand further
the things I learned in school. I get to appreciate what I only once read, like inventory counting,
checking petty cash vouchers, etc. These are things theoretically taught in school, but its a lot
more different when you are to apply these things in the real world. I should say that its a lot
more tedious but a lot more fun and exciting. Nonetheless, I should never fail to give credit to
my professors in school. Had it not been for there untiring dedication to teaching and for their
expertise, I would probably find my OJT a lot more difficult. I was able to take advantage of
the tools and skills I was equipped on, to be competent and efficient enough in pursuing a wider
and bolder opportunities ahead of me. The grass is greener on the other side, indeed. With my
intensive academic training coupled with my internship at P&A Grant Thornton, I am now
more confident to conquer whatever odds that may come my way. Having my internship in a
metropolitan city and in an accounting and auditing firms which was and has always been able
to tame the tides throughout the years makes me want to dream bigger. I am no longer fixated
to doing small things, but rather, I am now more inclined to achieving what other ordinary
people has achieved in their lifetime. I am now inspired by the saying, If you think of it, the
universe will conspire to make it happen. I realized that I am not here to impress people, I am
here to do whats best for me and for the community I live in. Indeed, the course has provided
me the setting to further enhance my career objectives after graduation. With perseverance and
faith in God, from being nobody, I can be somebody. There is no dream too big if I have the
will, the courage, and the industry to go and chase for it.

Conquer the odds! Break the walls that divide!

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P&A Grant Thornton

P&A Grant Thornton was born in 1988, headed by two prominent leaders in the
accounting profession in the Philippines, Benjamin R. Punongbayan and Jose G. Araullo. To
date, P&A Grant Thornton is a leading professional services firm that helps dynamic
organizations to unlock their potential for growth. The firms brand is respected globally, as
one of the major global accounting organizations recognized by capital markets, regulators and
international standards setting bodies.

Punongbayan & Araullo is the Philippine member firm of Grant Thornton International
Ltd (GTIL), one of the worlds leading organizations of independently owned and managed
accounting and consulting firms.

Vision
To be the most recognized and preferred auditing, accounting, and advisory services
firm in the Philippines by achieving unparalleled growth. Through our thought leadership, we
will contribute to the uplifment of the accounting profession and to the enhancement of
business practices.

Mission
As a leading professional services firm, we deliver to our clients the highest quality
work and value added services responsive to their needs and expectations. We attract, develop
and retain high performance people, and commit to make continuous improvement in all that
we do.

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Global Scale & Agility

Belonging to a $4.7 Billion global organization of member firms with 40,000 people in
over 130 countries, P&A Grant Thornton has the scale to meet the clients changing needs, but
with the insight of and agility that helps the client stay one step ahead.
Privately owned, publicly listed and public sector clients come to P&AGT for the firms
technical skills and industry capabilities but also for their different way of working. The firms
partners and teams invest the time to truly understand the clients business, giving real insights
and a fresh perspective to keep the client moving.

Whether a business has domestic or international aspirations, P&A Grant Thornton can
help the clients business to unlock the latters potential for growth.

P&A Grant Thornton Outsourcing, Inc.

P&A Grant Thornton Outsourcing, Inc. provides solid, first-rate support for the clients
key accounting and administrative activities, such as outsourced accounting, payroll, and
accounting-related tasks. Consequently, the firm handles accounting services for several
companies from a wide range of industries. The firms approach is highly flexible. A client
may opt to outsource all of their accounting functions, or pass on to the firm choice activities
such as, but not limited to: processing invoice and collections, which involves transcribing a
clients pro forma billings and collections to official accountable forms of sales invoices and
official receipts; processing payments, which involves a three-way matching of purchase order,
delivery receipt and sales invoice, and preparation of check vouchers, this include signing of
checks and other forms of payments, maintaining trust accounts on the clients behalf,
monitoring cash flows, and preparing cash reports; maintaining inventory records and assisting
in the inventory count; compiling and reviewing source documents supporting a clients
financial transactions; recording a clients financial transactions and preparing pertinent
adjustments; preparing financial reports and supporting schedules; preparing statutory and
other reports; preparing tax returns and related schedules for withholding, value added and
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income taxes; and filing tax returns and payment of the corresponding taxes manually and
electronically.

Furthermore, P&A Grant Thornton Outsourcing, Inc. also offers staff augmentation
services where P&AGT staff, under the direction and supervision of the companys officers,
perform accounting and accounting-related work to address the sudden and urgent demand for
personnel on a short-term, project-basis of the client. P&A Grant Thornton has a pool of skilled
accounting specialists who can fill the gap for companies in such situations. The firm sees
themselves as a partner of their client. The firm works steadily and efficiently in the background
enabling the client to take center stage and focus on meeting their corporate objectives, goals
and targets, and taking the clients business to greater heights.

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Daily Accomplishment Report:

Student Trainee:
Company:

ROBERT JAYSON ABUTON UY

P&A GRANT THORNTON OUTSOURCING, INC.

Week 1:

Day

Monday

Tuesday

Wednesday

Thursday

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Date

Daily Tasks

I had an early orientation with Ms. Kath

Fernando, a PCG personnel of the firm.
Thereafter, I was sent to the 23rd floor of the
The Enterprise Center where I am official
June 13,2016 assigned to work in. There, I computed the
vatable sales, the VAT due, the withholding
tax, and the zero-rated sales (if there is any)
for AT&T. Consequently, I inputted the
amounts computed on the clients official
receipts.
I am still up to computing AT&Ts vatable
sales, the VAT due, the withholding tax,
and the zero-rated sales for the companys
June 14,2016
VAT Official receipts. Moreover, I
recorded the amounts computed by one of
the firms junior accountants for AT&Ts
non-VAT receipts.
I stamped paid check vouchers paid,
June 15,2016 computed the cash balance of EBRO after
recording a number of expenses and filled
up the companys BIR forms, particularly
its quarterly income tax return.
I encoded the accounts payable vouchers of
June 16,2016 EBRO (client) and updated the companys
supplier data base.

No. of
Working
Hours

8.5

Friday

I was sent to Angono, Rizal to visit YAB

June 17,2016 Design, one of the firms clients. There, I
was tasked to record the clients check
vouchers.

Total

40.5

Weekly Summary of Work Activities (Week 1)

June 13, 2016 marked the start of my On-the-Training at P&A Grant Thornton
Outsourcing, Inc. On this day, I was given picture of how P&A Grant Thornton evolved
throughout the years; its humble beginnings and how it managed to become what it is now
today. I was also oriented about the firms rules and regulations and the firms dos and donts.
Thereafter, I was transported to my working place. There, I got first-hand experience of
accounting the transactions of the firms clients. My first week in the firm was filled with
excitement and exhaustion. There were easy and difficult tasks, but each gave me a learning
experience. What I learned in my previous accounting classes were applied in the tasks given
to me. But if I am to mention the highlight of this week, that would be my task on Friday. This
was when I visited YAB Design, one of the firms biggest clients. To be sent to a fieldwork
gave me the opportunity to expand my OJT experience.

Week 2:

Day

Date

Monday

June 20,2016

Tuesday

June 21,2016

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Daily Tasks
I scanned sales contracts of Philippine
Assets Growth Two (client), photocopied
few of their official invoices, and computed
the breakdown of their expenses.
I sorted documents of EBRO (client)
particularly their check vouchers. I also
computed their VAT due and filled up their
BIR forms.

No. of
Working
Hours
8

Wednesday

June 22,2016

Thursday

June 23,2016

Friday

June 24,2016

I recorded and classified the expenses of

DSM Manila (client) to their proper
classification based on the official receipts.
Moreover, I looked into the companys ORs
to update its customer database.
I rechecked the task I made on Wednesday
because some amounts did not match the
vouched data. After, I updated the customer
and supplier data base of EBRO.
I went to Brgy. Kapitolyo, Pasig City and
visited EBRO. There, I was tasked to do an
inventory count of EBROs products. Later,
in the afternoon, I made a manual journal
entry for Ms. Michelle Vicentes client.

10

Total

42

Weekly Summary of Work Activities (Week 2)

This week gave me a continuous task to work for a specific client EBRO. From the
most minor assignment of sorting the clients check vouchers to visiting the client on a Friday
for its weekly inventory count. Compared to my first week, my second week of working at
P&AGT was more tedious. I was bombarded with more assignments and I must say that the
tasks were not easy. What made this week more difficult was the recording and classifying of
the clients expenses. I have to go through the clients voluminous receipts, check what it is all
about, and give its proper classification. It took me two days to finish the task. When I get to
finish classifying and recording the receipts, I have to recheck it because the classified amounts
did not match the vouched amounts. Though mind-numbing, I must say that the task was really
challenging and it forced me to apply my skills in accounting. I also got to have first-hand
experience of inventory counting. What I learned in audit theory books are now practically
applied. Indeed, this week is a good week for me. The assignments were really accountingrelated. This week made me realize that choosing P&AGT as a ground for my OJT is worth it.

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Week 3:
Date

Daily Tasks

No. of
Working
Hours

Monday

June 27,2016

I updated the General Ledger of DSM

Manila. After, I inputted the companys
withheld taxes in its database.

Tuesday

June 28,2016

Day

8
I went to Angono, Rizal and visited YAB
Design (client). There, I was tasked to
journalize the clients transactions based on
official receipts, and record cash and check
vouchers.

Wednesday

June 29,2016

Thursday

June 30,2016

Friday

July 1, 2016

Total

40

Weekly Summary of Work Activities (Week 3)

I started this week by continuing the job I havent finished last week. I updated the
General Ledger of DSM Manila (client) to help the junior accountant in-charged with this client
prepare the trial balance and the financial statements. Updating the General Ledger was quite
easy because amounts were already given in a master list and all I have to do is to input those
amounts in their respective accounts in the General Ledger. Thereafter, I consumed my
working week visiting YAB design. I did the recording of YABS cash and check vouchers
and journalize the clients transactions. My four days at YAB Design were, if I may describe
it awkward, in the sense that I was given entire trust of journalizing the clients transactions.
I was only given the chart of accounts, and I was free to record the entry which I think fits a
certain transaction. This week is mind-boggling, indeed. However, the challenge never daunted
me in performing my task to the best of my ability
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Week 4:

Day

No. of
Working
Hours

Date

Daily Tasks

Monday

July 4, 2016

Tuesday

July 5, 2016

I was transferred to the Payroll Department.

I recorded the amount paid for loans and
SSS benefits of Centurys (client)
personnel.

Wednesday

July 6, 2016

Holiday

Thursday

July 7, 2016

Friday

July 8, 2016

I encoded a contract P&A Grant Thornton

Outsourcing, Inc. entered into with a client.
After, I went to BDO to ask for signature
cards, a requirement of the contract.
I went to Angono, Rizal and visited YAB
Design (client). There, I was tasked to
journalize the clients transactions, record
cash and check vouchers.

Total

32

Weekly Summary of Work Activities (Week 4)

This week was the most lenient week since my OJT started. I was transferred to the
Payroll Department to also experience the tasks undertaken there. However, compared to the
assignments in the Accounting Department, the errands at the Payroll Department are less
tedious. I started the week by doing an errand for Century. I just inputted the amounts already
computed by the staff in the computer. This was a routine task so I still did it the next day. On
Thursday, I was sent to BDO for an errand. I was tasked to get the signature cards for P&AGTs
newly-entered contract. The tasks may not be as tedious as before, but they were enjoyable. I
ended my week by going to YAB Design again. The tasks I did were similar to what I
previously did. Thus, if I may say, I got more experienced in doing my chores at YAB.

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Week 5:

Day

Monday

Tuesday

Wednesday

Thursday

Friday

Date

Daily Tasks

I updated the General Ledger of DSM

Manila particularly the insurance benefits
July 11, 2016
account. After, I updated the customer data
base of BCI Asia and sorted the journals of
LINTEC Advanced Technologies.
I continued updating the General Ledger of
DSM Manila. Later in the afternoon, I
recorded the purchases of BCI Asia in the
July 12, 2016
firms system. The recorded amounts will
then appear in the clients statement of
income.
I ran some errands for the junior accounting
specialist in-charged of BCI Asia. I sorted
the check vouchers and attached the
July 13, 2016 supporting checks and other documents
pertaining to such check vouchers.
Furthermore, I vouched the amounts written
on the check and on the check vouchers for
equality.
I generated Form 2307 (Income Tax
Withheld at Source) for DSM Manila. I
inputted the taxable income and computed
July 14, 2016 the withholding tax for such income
payments. I also updated the General
Ledger of DSM Manila particularly the
intercompany transactions account of the
company.

I recorded the salary expenses of Master

July 15, 2016 Siomai for their employees in Cebu and
Davao. The record is voluminous so this is
what I entirely did the entire day.

No. of
Working
Hours

Total
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40

Weekly Summary of Work Activities (Week 5)

I started this week by updating the general ledger of DSM Manila. This time, I posted
the transactions which transpired in May. I also got a first-hand experience of recording the
actual purchases of BCI Asia in the clients QuickBooks, any amounts recorded in here will
be automatically reflected in the companys financial statements. Besides this, I also updated
BCI Asias customer data base, sorted and attached the supporting checks and documents to
the companys check vouchers and vouched whether or not the amounts reflected on the
checks equal the amounts written on the check vouchers. Consequently, I generated form
2307 (Income Tax Withheld at Source) for DSM Manila on a Thursday. I inputted the clients
taxable income in Microsoft Excel and computed the withholding tax for the second quarter
ended June 30, 2016. I ended this work week by recording Master Siomais salary expenses
for their employees in Cebu and Davao. This is a task I need to bring home because my eighthour work day is insufficient for me to finish the task. This week is quite tedious, I even
skipped going to YAB Design in Rizal to finish other errands. Nonetheless, this week made
me explore further the other facades of accounting.

Week 6

Day

Monday

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Date

Daily Tasks

I rechecked my work last Friday for errors.

I highlighted the amounts in my work which
are not equal to the computed amount of the
July 18, 2016 personnel from Master Siomai for the junior
accountants convenience. After, I made a
soft copy for Master Siomais checkbook. I
inputted their deposits and withdrawals then
computed the running balance of their cash
account.

No. of
Working
Hours

9.5

Tuesday

Wednesday

Thursday

Friday

I made an MS Excel file for the bank

account of Master Siomai at Banco de Oro.
The amounts I recorded are from the
July 19, 2016
scanned checkbook of Master Siomai with
Ernilito Chan as the authorized signatory.
The balances recorded are for the period
starting January and ending May 2016.
I continued the task I started yesterday.
Thereafter, I made an MS Excel file for the
bank balances of Master Siomai for the
July 20, 2016 period starting November 2015 and ending
January 2016. The recording and computing
of the clients bank balances consumed my
entire day because of the volume of the
transactions undergone by the company.
I continued making an MS Excel file for the
balances of Master Siomai for the period
July 21, 2016 ending January 2016. After, I made a
summary of the clients payslip. I computed
an employees gross and net pay then made
a journal entry out from the computed
amounts.

I made a payroll summary for Master

Siomai. I computed the gross pay and net
July 22, 2016 pay of every employee. After, I recorded a
journal entry based on my computed
amounts.

9.5

Total

45

Weekly Summary of Work Activities (Week 6)

I devoted this week to Master Siomai. On Monday, I continued making the checkbook
for the period beginning in the year 2015. The huge volume of the documents assigned to me
was huge that it almost consumed more than fifty percent of my entire week. The transactions
were almost daily and there were so many transactions in one day considering the number of
branches Master Siomai has nationwide. I also studied a bunch of files of their checkbook
before recording them in excel because the format is foreign and contrary to what I have been
used to solve in textbooks. After completing making a soft copy of their checkbook, I made a
12 | P a g e

payroll summary for the month of February. I computed the gross pay of every employee
which includes the basic pay, some incentive, overtime pay, and rest day pay. After
computing the gross pay, I deducted every employees salary loan, cash advances, SSS,
PhilHealth, and PAG-IBIG contributions to arrive at the net pay. The last step in the process
is the recording of journal entry. This much challenging because I have to record a compound
entry for the entire payroll transactions and the pro-forma journal entry given to me was
unusual that took me some time to understand why entry was like that.

Week 7

Day

Date

Monday

July 25, 2016

Tuesday

July 26, 2016

Daily Tasks
I made a payroll summary for
Master Siomai for the months of
January until March. I summarized
pay slips given by the client into a
single MS Excel file then computed
their basic pay, overtime pay,
incentives, holiday and rest day pay
then summed them up to get the
gross pay. I deducted from the
gross pay SSS, PHIC, PAG-IBIG,
loans and other deductions to arrive
at the net pay of each employee. I
also journalized the amounts I
computed and got the account titles
to charge based of the chart of
accounts given to me by the junior
accountant who made me do the
task. Lastly, I attended a
Quickbook (accounting software)
overview orientation sponsored by
P&A Grant Thornton.
I continued the task I started on
Monday. This time, I made a
payroll summary for the months of
April and May. I also attended an
overview orientation of ORACLE
(accounting software).

No. of
Working
Hours

Total

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17

Weekly Summary of Work Activities (Week 7)

This week is the last week of my internship at P&A Grant Thornton. Though my last, I
was not exempt from doing tedious tasks. However, my last week was fruitful, if I may say. I
attended orientations on how to use QuickBooks and Oracle (accounting softwares) and I
indulge on a task that really honed my bookkeeping skills. When I started doing the payroll
summary for Master Siomai, I had difficult times understanding how the amounts were gotten
and why the pro-forma journal entry was as such as was given to me. I studied the file given to
me until I totally understood the entire process including why the journal should be as like the
pro-forma entry. My last week at the firm was still challenging though. There was never a dull
moment. I sincerely thank P&A Grant Thornton for allowing me to experience an excellent
training. The things I learned at P&A will surely be of help in making me a good accountant
in the future.

Certified by:

ROBERTO V. DELA CRUZ II

Name of Trainor

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Summary of Accomplishment & Contribution

I applied at P&A Grant Thornton with the objective of obtaining an on-the-job training
position where I can effectively apply my critical and analytical skills from my academic
training experience. I was assigned at the firms finance and accounting outsourcing division.
My work schedule starts at 8:00 a.m. and ends at 5:30 p.m. My first week at P&A Grant
Thornton Outsourcing Division was challenging, motivating, and foremost, enhancing.
Moreover, I am much flattered and privileged to have my OJT undertaken at a very respected
and renowned accounting and auditing firm in the Philippines. I was exposed to the different
facades of accounting services. A considerable number of accounting staff of the firm put their
trusts on me and let me do few of their accounting errands. Every day is a learning experience
to look forward for. I get to experience few basic accounting tasks which I could use as a
weapon when I get to land a job in the future. My entire experience at the firm is something I
dont regret.

However, if I am to mention my most important accomplishments and

contribution from my practicum at P&A Grant Thornton Outsourcing Division, that would
include:
a. My participation to the monthly inventory count of EBRO Armaturen. This
experience made me apply the things I learned from my Audit Theory class. What
I just read before are now put into practice.
b. My weekly visit at YAB Design. Though in the first week, I was only tasked to
record check and cash voucher, as I got more understanding of the clients business,
I was entrusted with journalizing the clients transactions. My skills in bookkeeping
are now tested in a real scenario.
c. My assistance to the monthly updating of EBRO Armaturen and DSM Manilas
General Ledger. This training experience, though tedious, is exciting and inspiring
because it gives you an insight of what I will really do when I get to have a job.
d. My assistance in the classification of expenses incurred by DSM Manila. This may
sound easy, but for a trainee like me, this is tough. I get to classify the expenses
incurred by the client based on actual receipts. I even spent the entire night of June
22nd doing the recording and classifying of the DSM Manilas expenses.
These are just the highlights of my stay at P&A Grant Thornton Outsourcing Division.
My training experience made me able to contribute my knowledge and competencies for the
15 | P a g e

accomplishment of a particular task in the division. Moreover, I was able to interact with a
group of people whom I share my interests as an individual. The Practicum as a course made
me more involved in the actual happenings outside the university, which trained me to apply
my theoretical and academic ideals to the methodologies and specific demands of professional
work.

16 | P a g e

COMPETENCIES GAINED & LEARNING

EXPERIENCE

My internship at P&A Grant Thornton Outsourcing, Inc. enabled me to

enhance my competencies in bookkeeping, my skills in Microsoft Excel, and
proficiency in accounting softwares (eg. QuickBooks). My constant visit to YAB
Design intensified my training in journalizing transactions. I no longer record
fictitious transactions, but rather, I record actual transactions of the company. This
required me to have an understanding of the companys business and what can
transpire in their daily transactions. Furthermore, I now know how crucial
inventory counting is. It may sound easy, but an accountant must be careful in
generating a companys entire list of inventory on hand because a little
discrepancy from a companys master list of inventory from actual count would
cause a tedious process redoing what an accountant previously did plus the
reproach from your supervisor. I also learned how to generate form 2307 (Income
Tax Withheld at Source) for a company. Though, withholding tax computation is
something I already learned in school, its different when you get to compute
voluminous withholding tax for income payments transactions. Consequently, I
also got a taste of how to input transactions in various accounting softwares
different from the accounting software I foretast ed in school. In here, I get to input
actual purchase transactions of BCI Asia, classify the expenses accordingly, then
generate the financial statements. My experience with DSM Manila is something
to look back also. I recorded the different expenses they incurred based on the
actual receipts and allocated them in their proper classification. This is
challenging because the first time I generated the total amount of expenses, the
sum I got did not equal the vouched total. Thus, I have to go after the receipts
again and check for errors in the amounts I recorded and in my classification. In
most of these, I have to use Microsoft Excel, thus, I can now say that I am more
experienced in using MS Excel than before. Lastly, aside from these accountingrelated competencies I gained or enriched, I also learned to sociali ze more, to face
key people of the firm without introversion and coyness. This is something I could
use in my pursuit for a career in the future.

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IMPACT TO THE FIELD OF SPECIALIZATION

Being a part of P&A Grant Thornton Outsourcing, Inc. even just for a very short period
of time is worth the time, the energy, and the hard work. I find it the most challenging yet
exciting part in my quest towards becoming a CPA. My internship allowed me to expand my
horizons and broaden my aspirations in the field of accountancy. Though short and brief, I
understood how a good accountant works. The work ethics the junior accounting specialists of
the firm displayed motivated me to work harder to give more than what the firm pays. I realized
that being an accountant isnt about how much you receive as a pay, but it is about whether or
not you satisfied the wants and desires of your clients, whether or not you contributed even a
little for their growth, and most of all, giving back to your community, this realization is
inspired by Ms. Marivic Espao, the firms Chief Executive Officer. My stay at the firm served
as a motivation for me to improve myself and to travail a path nobody has ever undertaken and
serve as an inspiration for others to follow. I must be unique, I must not go on the easy road. If
they say that theres a path of gold at the end of a tunnel, then Ill discover the shortest way to
get there. There must be a constant willingness in my part to change whatever has not worked
before. I must not be conventional, this what P&A has taught me.
Furthermore, the firm instilled in me the true spirit of ethics, the willingness to give a
huge client up if it contradicts the firms values, ideals and morals. I must never sacrifice my
dignity and integrity for money. At all times, there must be honesty in what I do, even if it
would cost me much. My image should not be tainted by allegations of dishonesty and
fraudulence.

The paramount impact my internship has made to my field of specialization is its

contribution to my apprehension about the significant role accountants play in the development
of the community and of the nation as well. Because of that, I got more interest in pursuing a
career in our government where I believe I could contribute so much of my skills and expertise.

18 | P a g e

Conclusion

The duration of my internship at P&A Grant Thornton is an experience mixed with

challenges, exhaustion, and exhilaration. Indeed, it was never easy to conquer the fears I had
before and even after I started working at P&A. However, the fulfillment of becoming a part
and a parcel of a huge and respected accounting and auditing firm is incomparable. I did not
regret choosing Punongbayan & Araullo as the venue for my On-the-Job Training. My brief
stay at the firm cultivated my work ethics and contributed a lot to the increase of my
consciousness and practical application of my course. The learning experience I got from the
firm is something I could bring soon when I land on a job after graduation. The stress, the
enervation, and even the high cost of living in a metropolitan city are all worth it. I really had
a work experience contrary to what others are saying that they do nothing in their OJTs. The
experience enlarged my commitment, capability, and empathy as an IITian BS Accountancy
student. To this end, I say it once more, My internship at P&A was worth all the costs.

Recommendation
To the Students:
To all students who will be undergoing their On-the-Job Training, choose the company
you would like to have your internship in well. Some companies do not provide good training
experience, you only run errands like arranging or stapling a volume of documents. Your
internship must serve as an avenue to prepare you for the real working arena. It must serve as
your training ground to make you a better employee or businessman someday. Your training
during your undergraduate course will surely be of great help after graduation. Aside from that,
you will have higher employment chances compared to others because of your undergraduate
training experience. Choose companies where you can have the best experience possible.
To the On-the-Job Training Program
The On-the-Job Training as a part of the curriculum is, without a doubt, a good part.
But that is if students are hired in companies where they can really have a good training
experience. Some schools, like Siliman University, are dropping the OJT Program as a part of
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their curriculum because of the argument that their students learn nothing from the companies
they work in. I suggest that the Department of Accountancy try their best to have an affiliation
with some good companies and thrust their students in those companies so that the department
can be sure that during the duration of a students internship, their students are really getting
good experience.

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APPENDIX

Recommendation Letter
Application Letter
Acceptance Letter
OJT Form No. 1
Daily Time Record
Certificate of Work Experience
OJT Employer Evaluation
Documentation/Photographs

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Recommendation Letter

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Application Letter
ROBERT JAYSON A. UY
Blk 5 Lot 12 Rosario Homes, Brgy. Dao, Pagadian City 7016
Mobile: +639483865752 Email: robertjayson.uy1995@gmail.com

March 19, 2016

Ms. RHIA G. DEE

DIRECTOR, People & Culture Group
P&A Grant Thornton
19th & 20th Flrs The Enterprise Center,
Ayala Avenue, Makati City 1200

Madam:
Greetings!
The undersigned is a fourth year Bachelor of Science in Accountancy student of Mindanao
State University Iligan Institute of Technology. In partial fulfillment of the requirements
leading to the completion of this degree, I am required to take an On-the-job Training (OJT)
for a minimum of two hundred fifty hours or an equivalent of two months beginning June 2016.
In this connection, I would like to express my earnest desire to apply as a trainee in your
company as I sincerely believe that your company can offer me the tools necessary to turn my
vision into pragmatic action and help me become a performance-oriented individual.
Should you be interested in learning more about me, I would welcome the opportunity to further
demonstrate my enthusiasm and motivation for this position in the course of a personal
interview.
Thank you very much and may this letter be given due consideration and attention.

Sincerely,

ROBERT JAYSON A. UY

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Acceptance Letter

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OJT Form No. 1

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Daily Time Record

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Certificate of Work Employment

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OJT Employer Evaluation

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Documentation/ Photographs

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Work Sample

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