Internship field attachment report carried out at western division, Tororo municipal council

Abstract

The industrial training carried out in finance and planning of Tororo Municipal Council, Western Division. It was aimed at providing the trainee with hands on experience for the theoretical concept and principle learnt in the class and also the trainee’s ability and competence at job market. The most practical work carried out include the following; balancing payment vouchers, writing payment vouchers from requisition form, posting payment vouches in the book vote book, posting information from payment vouchers to the operational cashbook, posting information in the revenue abstract using collection receipts delivered, Posting information in the expenditure abstract using vouchers, Making budget adjustments with the accounting officers, Drafting final account for example extracting trial balance and making an income statement and the balances, Posting budget adjustments in the vote book through virement, reallocation of funds and supplementary budget and Posting total amount of money that was spent on the activity allocated to the department The challenges the trainee faced include the following language barrier, Transport, Lunch was another challenge, limited space at the workplace, Long distance, Inadequate resources, Unfavorable location, Harsh clients, inadequate facilitation, An unfavorable weather condition and limited computer access. The student got lessons, experiences, skills and challenges relating to the area of study. The internship carried out in TMC, WD was based on the internal control system. Internal controls have been used effectively as necessary mainly; segregation of duties, financial statement, recording of assets, carrying out accountability and budgeting. These controls have made TMC, WD to handle their assets mainly current assets like cash and inventory rightly without any complaint by the government concerning the utilization of cash which is given to them to improve on their livelihood and quality service delivery. These control measures have enabled TMC, WD to stand on its own in rendering services to the people. Embezzlement of funds, corruption, would be at climax, since Uganda is a developing country we need to put into use those internal controls effectively in order to utilize the scarce resources so as to achieve a uniform success. I appreciate the faculty of management sciences for coming up with the internship program and thus the faculty should continue with the system hence pursuing excellence at Busitema University in Uganda.