Here's how you can excel as an accounting intern and leave a lasting mark on your supervisors.

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Landing an accounting internship is an exciting step into the world of finance and business. As you embark on this journey, it's essential to not only learn from your experiences but also to make an impression that could pave the way for future opportunities. Whether you're balancing ledgers, analyzing financial statements, or assisting with audits, the key to success lies in a combination of technical skills, professional attitude, and a proactive approach to learning. By embracing these principles, you can excel in your role and leave a lasting mark on your supervisors.

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1 Show Initiative

In the fast-paced world of accounting, showing initiative is a surefire way to stand out. Don't wait for tasks to be assigned; instead, actively seek out opportunities to contribute. If you notice a process that could be streamlined, or if there's a project you're particularly interested in, speak up! Your eagerness to engage and improve operations will demonstrate your commitment and can lead to more responsibilities, allowing you to gain valuable hands-on experience.

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Joseph Johnson

ceo @ LedgerUp (YC S24)
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Look for areas where the business struggles with the numbers or processes and then apply first-principles methods to identify and address root problems. This creates meaningful improvements which will last long after you've left.

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2 Master Basics

Before you can impress with complex financial analysis, ensure you have a solid grasp of accounting fundamentals. Understand the principles of double-entry bookkeeping , be comfortable with the general ledger, and familiarize yourself with common financial documents like balance sheets and income statements. Mastery of these basics not only lays the groundwork for more advanced tasks but also shows your supervisors that you have the technical acumen necessary for growth in the field.

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Chetan Khurana- CPA, CA

Founder & CEO at Kontracct | Helping businesses navigate complex financial landscapes with expertise in bookkeeping, accounting, taxation, and audit.
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Focus on getting the fundamentals right—accuracy in data entry, understanding financial statements, and learning the company's accounting software. Show enthusiasm and a willingness to learn. Don’t hesitate to ask questions when you’re unsure; it shows you're engaged. Take initiative on tasks and seek feedback to improve. By being reliable and proactive, you'll build trust and demonstrate your potential. Mastering the basics sets a strong foundation, making you a valuable asset and leaving a positive impression on your supervisors.

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3 Communicate Well

Effective communication is vital in accounting, where clarity and precision are paramount. Whether you're explaining a discrepancy in a report or presenting findings to a team, articulate your points clearly and confidently. Listen attentively during meetings and when receiving instructions, ask questions to clarify doubts, and always ensure your written communications are professional and free of errors. This skill will serve you well throughout your career and make a positive impression on your supervisors.

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Joseph Johnson

ceo @ LedgerUp (YC S24)
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Tailor your communication to your audience, especially when dealing with non-accounting departments. Use clear and relatable language (e.g., explain "accounts receivable" as "money owed by customers").

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4 Network Actively

Networking isn't just for job hunting—it's a professional skill that can be honed during your internship. Take the time to build relationships with colleagues at all levels. Attend professional gatherings, company events, and engage in discussions that may not be directly related to your tasks. These connections can offer insights into different aspects of the business and can be invaluable as you navigate your career path.

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5 Embrace Technology

In today's digital age, proficiency with accounting software and tools is essential. Familiarize yourself with the systems your firm uses, such as QuickBooks or Microsoft Excel for financial modeling. Keep an eye out for new technologies that can impact the accounting industry and show willingness to learn them. Your ability to adapt to and embrace technology will not only make you more efficient but also indicate to your supervisors that you're prepared for the future of accounting.

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Joseph Johnson

ceo @ LedgerUp (YC S24)
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Accountants often lag in tech adoption since the role is so busy there is not enough time to replace crucial tasks with tech in the middle of the process. Excel mastery can be a game-changer. Also, explore tools like ChatGPT and Perplexity for quick problem-solving or finding the articles you are looking for.

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6 Seek Feedback

Lastly, actively seek feedback on your performance. Constructive criticism can be a powerful tool for improvement if you approach it with an open mind and a desire to learn. Regularly ask your supervisors for input on what you're doing well and where you can improve. This shows that you are committed to personal and professional development, and it can also help you build a stronger relationship with your mentors.

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Here's how you can excel as an accounting intern and leave a lasting mark on your supervisors.

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1 Show Initiative

2 Master Basics

3 Communicate Well

4 Network Actively

5 Embrace Technology

6 Seek Feedback

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