Suggested Outline for a Business Report:

A. Executive summary: 1-2 pages maximum, optimal is one page only.

B. Table of Content

C. Internship Objectives: this section should show 3 levels of objectives to all concerned parties: intern, internship organization and university. What is the objective that each of these parties want to achieve behind this internship.

c- Internship Objectives:

Intern: WRITE HERE MY OBJECTIVE OF THE INTERNSHIP AT KPMG

Internship organization Objective: To enrich the trainees experience and improve the skills required to through a structured training program.

The training program focuses on improving the and examine the trainee’s behavioral, business, soft and analytical skills

University Objective: This course provides the opportunity to gain knowledge through actual job experience in the profession. Internships represent job experience which is aimed at supplementing the classroom learning process and to allow familiarization with real world experiences related to the Banking and Finance profession. The internship program period covers 180 hours of working experience applied at a bank or a related financial institution locally or internationally.

D. Internship Scope: time (duration from xxx date to xxx date), place and Date of Internship in general as well as time (period of time with specific dates) covered in this report plus the name of department(s) /divisions(s) if any covered in this specific report.

Duration of the program starting from 24 June to 24 September), 9 AM morning to 6 PM evening , the place of the internship : KPMG Al Fozan & Partners in Zahran Business Center

CHECK IF THERE IS A GRAMMAR MISTAKE IN THIS PART

Name of the department: Deal Advisory

Divisions: Corporate Finance, Real Estate

E. Background about internship organizations:

I AM DONE WITH THIS PART BUT CHECK IF THERE IS SOMETHING MISSING WITHIN THIS PART

**Provide general info background about the organization. What does it do? Its products and services.

CHECK THIS PART IN WHAT I MENTION

**Mission, vision, objectives, market share or its market size (no of branches, no of employees employed). Some financial information might also be good in this section to give more clear information about the company such as capital, its total assets, profits (if publicly declared) etc.

DO THIS PART THERE IS FEW THINGS MISSIING LIKE THE MISSION VISION, Awards, MARKET SHARE IF THEY HAVE AND SOME FINANCIAL INFORMATION GIVE MORE CLEAR INFORMATION ABOUT THE COMPANY SUCH AS CAPITAL , ITS TOTAL ASSET, PROFIT

Background about internship organizations

KPMG operates as a global network of independent member firms offering audit, tax and advisory services; working closely with clients, helping them to mitigate risks and grasp opportunities. Member firms’ clients include business corporations, governments and public sector agencies and not-for-profit organizations. They look to KPMG for a consistent standard of service based on high order professional capabilities, industry insight and local knowledge. KPMG member firms can be found in 155 countries. Collectively they employ more than 183,965 people across a range of disciplines.

Sustaining and enhancing the quality of this professional workforce is KPMG’s primary objective. Wherever we operate we want our firms to be no less than the professional employers of choice. We contribute to the effective functioning of international capital markets. We support reforms that strengthen the markets’ credibility and their social responsibility. We believe that similar reform must extend to the professional realm. KPMG in Saudi Arabia was established through its member firm KPMG Al Fozan & Partners and has operated in the Kingdom since 1992.This early commitment to the Saudi Arabian market, together with our unwavering focus on quality, has been the foundation of our accumulated industry experience, and is reflected in our appointment by some of the Kingdom’s most prestigious companies. As Saudi Arabian businesses join the global economy and international companies seek to enter the Saudi market, KPMG’s blend of international expertise and local knowledge makes us well positioned to serve our clients in this increasingly complex, but exciting market. KPMG operates through a national leadership with dedicated regional teams, which enables our network of professional talent, our technologies and our products and solutions to quickly come together to meet clients’ needs.

KPMG has made a significant investment in Saudi Arabia over the last five years with a number of professional staff being seconded to the local firm from across the global network.

The firm has grown to be one of the largest professional service providers in the Kingdom. During the last few years, it has achieved record growth, reaching our current workforce of more than 823 people across the Kingdom, based in three offices in Riyadh, Jeddah and Al Khobar. KPMG’s objective is to be the best in everything we do, turning our experience and industry knowledge into value for our clients. KPMG member firms provide Audit, Tax and Advisory services, delivering a globally consistent set of multidisciplinary financial and accounting capabilities based on deep industry knowledge. They work for a wide range of clients, from global organization to entrepreneurial start-ups. Our focus on Global Industries helps us to develop a rich understanding of our clients’ businesses, together with the insight, skills and resources required to address industry-specific issues and opportunities. Our role is to challenge clients to look at themselves and their markets in new ways. We believe we are ideally placed to serve you and provide the professional services you need. We believe to be the ideal choice for you in Saudi Arabia for the following reasons:

· Our position as a principal provider of audit and advisory services to global and regional clients

· The quality and experience of our people

· Our in-depth understanding of your industry

· Our value added deliverables

· The provision of excellent value for money

 

KPMG‘s Government and Public Sector divisions work to deliver meaningful results through a deep understanding of the issues, an intimate appreciation of how the public sector works, and global and local insight into the cultural, social and political environment.

Services that the company have in Saudi Arabia:

Audit

Integrity, quality and independence are the building blocks of KPMG’s approach. Our audit process does more than assess financial information. It enables our professionals to consider the unique elements of the business – its culture, the industry in which it competes, competitive pressures and the inherent risks.

Main services for the audit department are financial statement Audit, Reporting Accountant services and other assurance services.

Tax and zakat

The Zakat & Tax at KPMG in Saudi Arabia comprises of highly qualified international and Saudi nationals with extensive local and international experience.

Our professionals have more than 80 years of combined experience in Saudi Arabian Zakat and Tax law and regulations. We believe that our team of professionals and our understanding of Saudi Zakat and Tax law, regulations and practice helps us deliver quality service to clients.

Their main services under the tax department are international tax, domestic & zakat, corporate services and indirect tax

Advisory

KPMG Advisory professionals work with you to cut through the complexity of today’s rapidly changing marketplace. We leverage the knowledge and skills across our global network of firms to develop practical recommendations designed to help you work smarter, grow faster and compete stronger.

We are trusted advisors to the world’s organizations. They choose us because we are known for our talented people, technical expertise, deep industry insights and our ability to get the job done.

KPMG in Saudi Arabia continues to significantly invest in its Advisory practice. This investment is reflected in the breadth of services provided to companies, intermediaries and public sector bodies in key areas such as Deal Advisory, Risk Consulting and Management Consulting and real estate. We can help our clients address many urgent strategic and operational challenges, in today’s environment.

KPMG is aligned along five industry groups

Financial services:

• Banking

• Insurance

• Investment Management

A Capital Markets

Industrial markets:

• Energy & Natural Resources

International tax, domestic & zakat, corporate services and indirect tax

Advisory

KPMG Advisory professionals work with you to cut through the complexity of today’s rapidly changing marketplace. We leverage the knowledge and skills across our global network of firms to develop practical recommendations designed to help you work smarter, grow faster and compete stronger.

We are trusted advisors to the world’s organizations. They choose us because we are known for our talented people, technical expertise, deep industry insights and our ability to get the job done.

KPMG in Saudi Arabia continues to significantly invest in its Advisory practice. This investment is reflected in the breadth of services provided to companies, intermediaries and public sector bodies in key areas such as Deal Advisory, Risk Consulting and Management Consulting and real estate. We can help our clients address many urgent strategic and operational challenges, in today’s environment.

KPMG is aligned along five industry groups

Financial services:

• Banking

• Insurance

• Investment Management

A Capital Markets

Industrial markets:

• Energy & Natural Resources

(Chemicals & Performance

Technologies, Mining, Oil and Gas,

Power & Utilities)

• Automotive

• Industrial Manufacturing

• Life Sciences (previously Pharmaceuticals)

Consumer markets:

• Food & Drink

• Consumer Goods

• Retail

Technology, Media& Telecommunications:

• Telecommunications

• Technology

• Media

Infrastructure, Government & Healthcare

• Government & public sector Both “Level & Focus Area”

• Building & construction

• Transport & Leisure

• Healthcare

• Professional & Business Services

**IMPORTANT PART**

F. Department in which intern is having her training at:

** Explain what does this department do in detail? This is the most important part of the report that reflects your training and learning experience at real work place. (DEAL ADVISORY IS WHAT I AM WORKING IN CAN YOU PLEASE WRITE ANY THING THAT FALLS UNDER DEAL ADVISORY CORPORATE FINANCE OR REAL ESTATE LIKE FOR EXAMPLE ANALYZE BALANCE SHEET AND INCOME STATEMENT ANY THING ABOUT CORPORATE FINANCE AND REAL ESTATE WITHIN THE COMPANY )

Include a special section in the report to indicate: challenges faced while work at this department and suggested solutions to that department.( The challenge that they have is they have low account receivable because the client are not paying in the due date of the payment I don’t know also why but give reason from your knowledge and then a solution I want another challenges like 2 challenges ) Please make sure that your highlighted challenges should highly be related to finance operations as much as possible and not any other management challenges such as long working hours, shortage of employees in department and too much work to be performed by one employee because this is not the scope of our report. Remember that our report is a business report prepared by a BNFN student.

G. Conclusion

H. Appendix

CHECK KPMG WEBSITE OF SAUDI ARABIA SO YOU CAN KNOW WHAT THEY HAVE EXACTLY UNDER DEAL ADVISORY I NEED TWO OPERATION

Here is one of the operation it is blooming company for lingerie stuff focus on corporate finance part and answer as well the highlighted question underneath please don’t mention the name of the company because it is confidential

Women wear local retail shop they came to kpmg to determine the next growth strategy because they use to be as a whole sale so they just decided to open in Saudi Arabia and how they compete with strong competitors to determine how they can grow number of stores which area and should they change their supply chain strategy including hr. Determine their current situation and advise them if they have payable high or low, no receivable since they are a retail, and the inventory, and growth of some product are fluctuate use the below step

Project Scarlet Meeting Notes: Blooming Company

The Client was focusing on few points during the meeting that they had some certain requirements, the specific topics they focused on are:

· Analyze the current situation regarding the competitors (The client suggested visiting the competitors shops specially Al shaye’a & Al Hukair)

· Identify the vision and mission of the company

· The potential future size of the company

· Where to locate the future shops in term of mall location for instance; to locate the shop near the food court area

· Create promotion plan

· Determine the capex financing weather it require a loan or investors can cover

· Client focused on coding the SKUs (follow the international method to code the lingerie SKUs)

· Follow the international retail method regarding managing the generated cash as well as logistics

· Follow the international retail method regarding the VAT (currently they are paying the VAT on behalf of the customers)

· Determine the shops size and capacity

· The client asked if we can confirm them adding a machine called (Customer counter) on each shop to count number of customers and goods sold