Internship report

0n

Mohsin match private limited

Peshawar

Session 2013……2025

Supervised by

Sir sikandar Ahmad

Submitted by

Sulaman shah

M.com two year program

Roll no 99

Quad.e.Azam collage of commerce

University of Peshawar

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Internship report on

Mohsin match private limited

Peshawar

Supervisor

Name sir Sikandar ahmad

Signature

Designation lecture in QACC

External examiner

Name

Signature

Designation

Principal

Name Mr Hamid Ali Shah

Signature

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DEDICATION

I dedicate this work done by me to my teacher and to my parents who

Always stood with me in the times of happiness and sorrows

Sulaman shah

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ACKNOWLEDGEMENTPraise be upon the Almighty ALLAH who bestowed me the bounty to get my higher

education. We are indebted to our supervisors, Mr. SIKANDAR AHMAD for their patience,

commitment, guidance and friendly encouragement throughout the preparation of the report;

without their support, it would not have been possible for me to complete the dissertation on

time. I gained a lot of new knowledge under their supervision.

I am thankful to the Mohsin Match Peshawar for providing the opportunity of internship

program.

Executive summery

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Mohsin match factory (Pvt) limited was one of the first safety match manufacturing unit in the

KP of Pakistan to start production in 1975 and now we are the largest match manufacturing

industry in Pakistan. We lit the path for others to follow and we remain the leaders in the field in

terms of quantity and quality.

Mohsin Match, as it is popularly known at home and abroad, together with its sister concern

Mohsin enterprises produce 25,000 gross daily, sold locally through a network of 300

distributors and through direct export to countries in the middle and far east and Africa.

Export

to these markets commenced in 1996 and have reached worth us$ 3.2 million annually. The

management of both Mohsin match and Mohsin enterprises is in the hand of a board of

directors

with Mr. Mohsin Aziz as the chairman of both boards. M0hsin match private limited

Peshawar is a manufacturing concern related to Aziz group of

Companies. Purpose of my study is to show how M0hsin match private limited maintained

his book Of accounts.

And are they follow accounting principle and accounting methods

Mohsin match PVT limited maintained his book of account through computerised basis all

All the accounting record are keep in computer using a software which is called peach tree

As the time is limited I cannot cover every aspect of an organization and only visit to two

department of Mohsin match private limited which is

1 Accounting Department

2 Human Resource Department

I applied my accounting theoretical knowledge in practice in m0hsin match private limited

and more extra information from his book of accounts.

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And also I visit to human resource department and I cannot learn any thing in that

Department and only study HR policy

Chapter …..1

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Mohsin Match Pvt limited

History

Mohsin match factory (Pvt) limited was one of the first safety match manufacturing unit in the

KP of Pakistan to start production in 1975 and now we are the largest match manufacturing

industry in Pakistan. We lit the path for others to follow and we remain the leaders in the field in

terms of quantity and quality.

Mohsin Match, as it is popularly known at home and abroad, together with its sister concern

Mohsin enterprises produce 25,000 gross daily, sold locally through a network of 300

distributors and through direct export to countries in the middle and far east and Africa. Export

to these markets commenced in 1996 and have reached worth us$ 3.2 million annually. The

management of both Mohsin match and Mohsin enterprises is in the hand of a board of directors

with Mr. Mohsin Aziz as the chairman of both boards.

Match ProductsThe name and reputation that our quality products enjoy and the record of on-time delivery that

we have establish and maintain in the markets abroad place us in an advantageous position to

increase our share in the foreign markets.

Information about Products

For export mohsin match manufacture his product in 2 sizes, Small and Regular  wooden sticks

carborised

and water proof. The product is packed in coated board outer boxes and duplex board inner tray.

For local use we market 3 size, Regular, King + Large, with 45, 52 and 65 sticks,

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respectively.

 Match Exports

Mohsin match are exporting his product to different countries of the world including

Egypt, New Zeland, South Africa, Afganistan, , india , bangladish Dar-es-

Salam, Mombasa, Tema, Burkina Faso, Douala Camroon, Dakar, Cotonou, Lagos, Nacala,

Maputo, Lubumbasi, Kanaga, Mozambique, Dubai, Algers-Algeria, Iraq, Aqaba-Jordan,

Beirut-

Lebanaon, and Central Asian Counties, for the last 10 Years

Mohsin match private limited have maintained a steady growth in our export, which is mainly due

to the quality of our product that can favourably compete with the best in the market. And it is

because of the superiority of our product that we have not only captured the important markets all

over, but are maintaining our position of superiority

We believe in gaining and retaining trust of our business partners, be it our supplier or buyer.

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Export brands

Simba Colors The Bowl

Fighter Flamable Flame Up

Arab Tea Shannel 5 sham-al-arab

Egypt Egypt Egypt

Sparky Hatari Kangroo

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Sparky Hatari Kangroo

Chapter….2

2.1 An over view of organization report

The major activities of Mohsin match private limited Aziz group of company is

manufacturing only match box for local use and for export.

Mohsin match private limited manufacturing concern rather then trading concern

Mohsin match private limited offer only product not any service and the product is only

Match boxes offer to the local market as well as to the international market.

2.2 Structure of an organization

The head of the organization is managing director at the top level.

Marketing department finance department HR department research and development

department production department and accounting department work under the top

management or according to the managing director.

Each of the above department contain one manager which is called department manager

which is responsible for his department function or operation.

Production department contain many sub department like cutting department drying

department packing department and finishing department.

Each of the sub department contained one supervisor which are the head of that sub

department and work under the instruction of his departmental manager.

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The supervisor control the worker which work under supervisor.

And worker work according to the instruction of his supervisor.

In Mohsin match private limited there is top down information flow information came from

Top.

2.3 Purpose of the study.

The purpose of my study is to work in real life situation and learn about organization practice

by doing. in ththis context its objective.

1 To analyze organization operation i.e operational analysis, financial analysis

2 To improve my writing skill.

3 To develop concrete and recommendation.

Purpose of my study is to show how M0hsin match private limited maintained his book

Of accounts.

And are they follow accounting principle and accounting methods

M0hsin match PVT limited maintained his book of account through computerised basis all

All the accounting record are keep in computer using a software which is called peach tree

And some important book of account like cash book is also keep and maintained in manual

For the purpose to protect his data from natural disaster and miss use of data.

Second purpose of study from my prospective is to apply my theoretical knowledge in

practical .

Scope of work

The study is confined to organization operations .An attempt along with all its limitations to

collect its financial data.

As the time is limited it is very difficult to collect and understand information about each and

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every department of organization. I cannot cover every aspect of an organization and only

visit to two department of Mohsin match private limited which is

1 accounting department

2 human resource department

As the time is limited my main focus of my work is on accounting department and most of

the time of internship I spend in accounting department and apply my theoretical knowledge

in that department in practice.

And also I visit to human resource department and I cannot learn anything in that

Department and i only study its HR policy.

Scope of report.

It is a compulsory requirement for the reward of master degree.

It also provide help to mohsin match PVT limited management imn improving their

performance by obtaining suggestion given at the end.

It will help present and prospective student of QACC in making assignment on any

organizations specifically m0hsin match limited.

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Chapter 3………

3.1 What I learned in the M0hsin match private limited.

As the time is limited I only visited to two departments which are

1 accounts department.

2 human resource department

3.2 Learn in accounts department.

Most of the time of internship I spent in accounts department and learn more about that

how the M0hsin match private limited’ record’ summarise and classify business transaction.

How they maintained their books of accounts.

Generally M0hsin match private limited maintained his book of account through a computer

based system using a software called peach tree.

The accountant only pass journal entry the software automatically update all the related

ledger account.

At that end of the each working day the accountant print all the important documents and

reports as a backup copy for the disaster and manual record.

In the software each ledger account is called master file contained all the related

information related to that account.

3.3 Learn in HR department

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I also visit to the HR department of M0hsin match private limited and learn more about his

HR policy by the help of reading organization HR policy and asked question from HR

Department manager about an organization policy related to the employee.

1 for the selection of worker only interview is conducted by the HR manager.

2 preference is given to skilled and experience worker in the selection process.

3 three days late coming is considered as one day absent……………………etc

3.4 My job and responsibility in an organization.

Most of the time of internship I spent in accounts department and my duty was to

maintained book of accounts and recording of business transaction that appear in an

organization.

All the book of accounts are maintained in a computerized based system using a software.

As a accountant I was responsible for recording all the business transaction related to an

Organization.

I was responsible to record ,summarise and classify business transaction that occur in an

organization on each working day.

I pass only the journal entries in the computerize based system and the system

automatically update all ledger account.

I was also responsible for to print all the important document and report at the end of each

working day for manual record and handed over to accounts manager.

3.5 Maintaining manual cash book.

I was also responsible for maintaining a manual cash book which contained debt and credit

Sides.

All cash received transaction is record on debt side of cash book like cash received from cash

sale and debtor…..etc .

All cash payment transaction is record on credit side of cash book like cash purchase and

payment to creditor…….etc

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3.6 Maintaining debtor ledger

My another job in organization was to maintained debtor ledger .

Debtor ledger is maintain from cash book account, credit sale account, bill receivable account

and discount allowed account to debtor and sale return or return inward.

Cash received from debtor, sale return, discount allowed to debtor transaction credited debtor

ledger and credit sale transaction debited debtor ledger.

Maintaining creditor ledger

My another job in organization was to maintained creditor ledger.creditor ledger is maintain

from cash book account, credit purchase account, bill payable account

and discount received account from creditor and purchase return or return outward.

. Maintaining of these books of accounts is my responsibility in m0hsin match private limited.

In simple words I can say that all the recording, summarising and classifying of business

transaction in the book of account is my duty and responsibility in an organization

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Chapter….4

4.1 SWOT Analysis

SWOT is useful tool for providing a framework for analysis of an organization .

SWOT is stand for strengths weakness opportunities and threats. it is a common approach

To make assessments in term of internal and external environment of an organization and to

formulate strategies analyzing its internal strengths and weaknesses and external

opportunities and threats.

STRENGHTS

1 largest private factory

It is one of the largest private organization in Pakistan it is popularly known at home and

abroad, Mohsin match factory produce 25,000 gross daily, sold locally through a network of

300 distributors it is a powerful private organization in Pakistan.

2 High export

Mohsin match exporting their product to different countries of the world including

Egypt, New Zeland, South Africa, Durban Congo, Matadi,Lunda/Angola, Walvis Bay, Dar-

es-Salam, Mombasa, Tema, Burkina Faso, Douala Camroon, Dakar, Cotonou, Lagos, Nacala,

Maputo, Lubumbasi, Kanaga, Mozambique, Dubai, Algers-Algeria, Iraq, Aqaba-Jordan,

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Beirut-Lebanaon, and Central Asian Counties, for the last 10 Years

3 Good distribution network

Mohsin enterprises produce 25,000 gross daily, sold locally through a network of 300

distributors and through direct export to countries in the middle and far east and

Africa.mohsin match his a good distribution network locally. And high sale withn theHelp of his good distribution network.

4 Strong brand image.

Mohsin match private limited his very strong brand image locally and internationally

And sale large amount of has products locally and internationally and earn 25000 gross income on daily origin. Which is considered his good strenghts.

5 High market share

Mohsin match private limited have maintained a steady growth in our export, which is mainly

due to the quality of our product that can favourably compete with the best in the market.

And it is because of the superiority of our product that we have not only captured the

important markets all over, but are maintaining our position of superiority

We believe in gaining and retaining trust of our business partners, be it our supplier or buy,

WEAKNESS

1 promotion

Promotion are carried out on annual basis ignoring the importance of capabilities and

Performance of output .

2 Less marketing activities

Mohsin match spend very small amount on promotion and advertisement which can

decrease the local sale of his product. they need to spend more on marketing

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activities which will maintained his local current sale in the market.

3 Administration expenses

Administration expenses are very high in mohsin match PVT limited which affect

His net income which is his big weakness of mohsin match PVT limited

4 Simple graduate

The organization has large number of employees who are simple graduate with

No organization knowledge.

5 Recruiting and selection.

In effective system is use for recruiting and selection process in the organization

Which considered his big weakness.

OPPORTUNITIES.

1 Entrance to new market.

Great opportunity to inter in to new market of Europe and increase his export by

gaining market share of Europe and can expend his business through the globe.

2 Employed master degree holder.

Great opportunity to select master degree holder which can improve efficacy and

effectiveness of an organization and achieved professionalism on its organizational

culture.

3 Open branches in other cities.

Mohsin match has opportunity to open branch in other cities and can expend his

business locally which will increase his profit and minimize his transportation cost.

THREATS.

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1 Increase in competition.

There is continue increase competition due to increasing number of domestic and

foreign private match factory offering highly quality and attractive product of safety

match

2 Growing technologies.

Growing global technological advancement and adoption of modern style

Management in organization is a very big treats for mohsin match private limited.

3 Extensive promotional campaigns.

Extensive promotion campaigns by the competitor is run which will affect mohsin match

Factory limited sale .which is considered as a big treats for this organization.

4 Instable political condition.

Instable political condition is a very great treat for m0hsin match factory

The political condition can affect all the activities of the organization

especially in Pakistan. These instable condition can affect the sale and

income of an organization.

5 Increase in taxation.

Continues increase in sale tax, income tax, and exports tax is also a great

treat for this organization . these taxes increase cost of goods sold and

decrease The revenue of an organization.

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Chapter 5

RECOMMENDATIONS

Recommendation is considered to be the most important part of an internship report

Without which no report is considered complete and meaningful. This part of the report is

based on the previous section i.e. review and analysis. Moreover for bringing suggestions

discussions have been conducted with the staff of organization who not only provide the

basis for recommendations but also pointed out some areas where the change for the

development is almost important.

Realizing the importance of this section efforts have been made to give feasible

recommendations which are categorized in the following heading.

HUMAN RESOURCE DEPARTMENT.

The importance HR cannot be defined any organization. In case of manufacturing

organization it is most valuable assets because there are need of worker for production

activities. Critical analysis of m0hsin match necessities recommending suggestions that

Would increase organization efficiency and effectiveness.

1 Development of managerial leadership.

In manufacturing industries the managerial is much more important . its make positive

contribution toward higher effective results. Without managerial leadership the effective

utilization of human resource will be impossible .the organization should focus on this area

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And avoid deficiencies in managerial leadership by applying the modern styles of leadership

Of management.

2 Political interference.

The political intervention in the organization need to be stopped so that the top hierarchy as

well as the personnel placed at other important levels of the organization is not changed just a

political ground and on going developmental work is not obstruct .

3 Basis for promotion.

A sizeable portion of officer of m0hsin match factory are promoted in without test and

interview . the promotion policy must be to tight and transparent that no one have the chance

to be promoted on criteria other then the required qualification experience and performance.

4 Change in recruitment policy

It is important to say that external level market is full of the of the required talent like M.Com

And MBA but only graduation with simple subject is still the requisite qualification for

Officer.

And only interview is not a good process for selection of managers officer and workers.

5 Computer training.

Special training should given to those employee and staff who is dealing with

accounting and finance for the effective operation of an organization

.

5 Experience staff for planning .

M0hsin match factory need to development experience staff for future planning and

development which is very important for modern business and innovation.

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6 Fake financial presentation

The m0hsin match need to provide free and fear position of his book of accounts and

financial position of an organization mean balance sheet. Because from the free and fear

Value of book of account we can easily cheak the effectiveness of an organization .

6 Proper documentation

The m0hsin match organization need to keep necessary document for future use like

Record of his debtor. Record of his creditor. Bill receivable Bank loan record. Debenture holder. Outstanding wages. Accrued income ……etc

The organization need to keep the record of above account in computer and as well as

in manual.

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