Description

Internship Periodic Report | No # ?
Start Date: 12 /01/ 2025

End Date: 9/02/2025

(Report Components)
What are the activities and tasks given to you during this
week?
This week, I conducted three financial reconciliation processes
to review data, identify discrepancies, and ensure consistency
between recorded transactions and actual financial activities.
Each reconciliation provided valuable insights into financial
variances, enhancing the accuracy and reliability of financial
reporting.

Task(s)

Additionally, I performed a comprehensive review of Al-Razi
Company’s financial statements, analyzing net sales trends over
multiple periods to assess fluctuations and their impact on
financial performance. I examined the cost of sales, including
variable and fixed costs, to evaluate their influence on overall
profitability and alignment with strategic financial objectives.
Furthermore, I conducted an in-depth analysis of inventory
changes to understand the correlation between production and
demand while assessing inventory management efficiency. This
analysis helped identify potential areas for cost reduction and
process optimization.
These tasks played a critical role in improving financial
accuracy, strengthening performance analysis, and enabling
data-driven decision-making. By ensuring well-validated
financial insights, I contributed to a more effective financial
strategy, allowing for better forecasting and resource allocation.
Ultimately, these efforts supported a more transparent and
structured financial framework, promoting sustainability and
long-term profitability.

PAGE 1 OUT OF 4

What skills did you learn through the week?
This week, I developed key skills in financial analysis .
Conducting reconciliations improved my ability to identify
discrepancies and ensure data accuracy. Analyzing financial
statements enhanced my understanding of net sales, cost of sales,
and inventory changes, allowing for better financial performance
assessment.
New skill(s)

I strengthened critical thinking and problem-solving skills by
interpreting financial variances and trends. Additionally, I
gained insights into cost management and inventory control,
improving my grasp of production-demand relationships. These
skills enhanced my ability to communicate financial information
professionally, supporting decision-making and ensuring
accuracy in financial analysis aligned with professional
standards.
How many meetings did you attend?
This week, I attended a face-to-face monthly meeting with the
senior manager and the entire team, where we discussed key
updates and performance insights. Additionally, I participated in
three meetings with team members, held both in person and via
Microsoft Teams, covering project progress and task
coordination.

Meeting(s)

Difficulty/ Challenge(s)

One of these meetings focused on improving our presentation
skills, providing valuable techniques for delivering clear and
engaging presentations. Furthermore, I engaged in multiple
awareness sessions through Teams, enhancing my understanding
of key topics and organizational practices. These interactions
strengthened collaboration, professional development, and
overall workplace effectiveness

What are the difficulties you had this week?

PAGE 2 OUT OF 4

This week, I did not encounter major difficulties. However,
managing the large volume of information in the inventory
costing section was somewhat challenging. With continuous
practice, I believe this process will become more manageable.
Additionally, one of the challenges I faced was understanding
the SAP system, as I had never studied or practiced it before due
to my finance background. I have not used the system yet, but I
observed my team members working on it and asked them
theoretical questions to understand its functions.

How did you overcome these difficulties?
To overcome the challenge in the inventory costing section, I
took structured notes to organize key information, which
improved my understanding. I also sought clarification from
team members, whose insights were valuable in enhancing my
learning process.
Regarding the SAP system, My supervisor also provided
guidance by explaining its essential features. By continuously
reviewing my notes and learning from my team, I am gradually
building my understanding. With time and exposure, I believe
these tasks will become more manageable.

What did you learn from completing the tasks

Learning

This week, I gained valuable insights and strengthened my
financial and analytical skills. I developed a deeper
understanding of financial reconciliation, identifying
discrepancies, and ensuring data accuracy. Analyzing financial
statements enhanced my ability to assess financial performance
and recognize key trends.
I also learned the importance of attention to detail, as small
variances can impact financial accuracy. Through inventory
costing analysis, I improved my understanding of cost
management. Additionally, I observed how my team members
PAGE 3 OUT OF 4

worked with the SAP system, gaining a basic theoretical
understanding, though I have not used it myself yet. These
experiences enhanced my problem-solving skills and
professional growth.

What did you want to learn more?
I aim to deepen my understanding of financial reconciliation,
particularly in addressing complex discrepancies and ensuring
greater accuracy in financial records. Additionally, I seek to
enhance my knowledge of inventory costing methods and their
impact on financial performance.
I also aspire to improve my proficiency in using the SAP system
through hands-on experience to navigate financial data more
efficiently. Moreover, I aim to strengthen my accounting
knowledge by practicing it, as it closely supports my financial
expertise. Expanding my skills in these areas will enhance my
ability to contribute effectively to financial reporting and
decision-making.

PAGE 4 OUT OF 4

College of Administration and Finance Sciences

Form Number 3 – PERIODIC REPORT
Internship Student Report | Month #?
Start Date: 14/03/2025
End Date: 17/4/2025

(Report Components)
What are the activities and tasks given to you during this
month?
This month, I attended several sessions and was assigned
various tasks related to monthly reports at SABIC.
I participated in a session on Net Realizable Value (NRV)
analysis, where the process was explained in detail. I was
then assigned a task to calculate the NRV for each material,
analyze the provision for May and June, classify the results
as favorable or unfavorable, and explain the main drivers
behind the changes.

Task(s)

I also attended a session on Periodic Unit Price (PUP),
where I learned how to prepare the monthly PUP report. My
task included filtering materials, creating a pivot table in
Excel, calculating the PUP in USD, and finalizing the report.
In addition, I worked on the Finished Goods Analysis for Ar
Razi, where I extracted data from SAP, updated January and
February variances, and identified key reasons behind the
changes. I also completed a Raw Material Analysis by
calculating total amounts and variances for the same period.
This month, I was also involved in preparing the Spare Parts
Report for February. After attending a session on the topic, I
analyzed the data to determine if the changes were favorable
or unfavorable.
I continued improving my skills in Excel by working on the
Inventory Movement Report. I extracted data from SAP

College of Administration and Finance Sciences
and used the SUMIFS formula to categorize and summarize
inventory movements based on specific criteria.
Lastly, I was assigned a special task by my supervisor, Mr. ,
to conduct a Financial Statement Analysis for three SABICaffiliated companies. I extracted the data from SAP,
organized it in Excel, and analyzed March’s figures.
Alongside this, I began preparing for an upcoming
presentation, focusing on structuring the content clearly and
accurately.

New skill(s)

Meeting(s)

Difficulty/ Challenge(s)

What skills did you learn through the month?
This month, I learned how to extract data from SAP using TCodes and improved my Excel skills, especially with pivot
tables, currency conversion, and the SUMIFS formula. I also
understood how to analyze PUP and NRV, and how to
compare monthly variances. In addition, I got better at
organizing and analyzing financial data.
How many meetings did you attend?
This month, I attended around 8 meetings on different days,
F2F and through Microsoft Teams. The meetings covered
topics like NRV, PUP, Spare Parts, Finished Goods, and
Inventory Movement. I also had a special meeting with my
supervisor about the Financial Statement Analysis task, and
attended the monthly team meeting with senior managers and
team members to share updates and discuss progress.
What are the difficulties you had this month?
I didn’t face many difficulties this month, but the PUP report
was a bit confusing at first. As for the Spare Parts report,
since I was new to using SAP, it took me some time to
extract the required data and complete the report properly. I
also faced some difficulty in understanding the reports as
they are delivered after the month-end closing and must be
submitted within a specific deadline. Additionally, I found it
challenging that all the reports require significant effort and
most of them are somewhat similar, which can make the
work feel a bit repetitive at times.

College of Administration and Finance Sciences
How did you overcome these difficulties?

I overcame these difficulties by learning from my fellow
trainees, who were very helpful and shared their knowledge
with me. They explained how to approach certain reports and
gave me useful tips that made the tasks clearer. With time
and practice, I became more comfortable with the process
.and was able to complete the work more confidently

What did you learn from completing the tasks
Through completing these tasks, I learned several valuable
skills and gained insights that helped improve my abilities in
financial analysis and report preparation. The key things I
learned include:

Learning

1. Net Realizable Value (NRV) Analysis: I learned
how to calculate the NRV for materials, analyze
provisions for specific periods, classify results as
favorable or unfavorable, and interpret the key
drivers behind these changes.
2. Preparing the Periodic Unit Price (PUP) Report: I
learned how to prepare the monthly PUP report
using advanced Excel techniques like creating
pivot tables and calculating prices in USD, which
enhanced my analytical skills in Excel.
3. Finished Goods and Raw Material Analysis: I
worked on extracting data from SAP and updating
variances for finished goods and raw materials,
helping me understand the reasons behind changes
and analyzing the variances between periods.
4. Spare Parts Report Analysis: I learned how to
analyze changes in the Spare Parts Report and
determine whether these changes were favorable
or unfavorable.
5. Excel Data Analysis Skills: I improved my ability to
use advanced formulas like SUMIFS to categorize
and summarize inventory movements based on
specific criteria, allowing me to handle large and
complex datasets.
6. Financial Statement Analysis: I learned how to
extract and organize financial data from SAP and

College of Administration and Finance Sciences
analyze financial figures for SABIC-affiliated
companies, helping me develop a deeper
understanding of financial statement analysis.

What did you want to learn more?
My manager, Mohammed Al-Eid, was very helpful and
provided clear guidance throughout the tasks. However, I
would like to expand my knowledge in other departments at
SABIC and deepen my understanding of the financial and
accounting fields.

College of Administration and Finance Sciences

Form No 4- Internship Report Cover Page
Student`s name:
Student`s ID #:

Training Organization:

Trainee Department:

Field Instructor Name:

Field Instructor Signature:

Course Title:

CRN:

Internship Start Date:

Internship End Date:

Academic Year/Semester:

For Instructor’s Use only
Instructor’s Name:

Total Training Hours /280

Students’ Grade: Marks Obtained /30

Level of Marks: High/Middle/Low

College of Administration and Finance Sciences

Academic Report Guideline(Co-op)
(please do not include this text in the final report, just follow its guidelines and
use the cover page above)
The report should be submitted within two weeks after you finish your Co-op training Program.
In addition, the report should be approximately 3000 – 4000, single –spaced and consider taking the
following format
General instructions for writing the final report:
The report must be written in English language.
The word limit is 3000-4000.
If the report word count is not within the required word limit, marks will be deducted.
The font size is 12, Times New Roman, justified, 1.5 space.
Main headings use font size of 16 and bold.
Add page numbers in the middle bottom of the page.
Plagiarism or copying from other sources will result in ZERO marks.
This report must be submitted on Blackboard (WORD format only) via the allocated folder.
Your work should be clearly and completely presented; marks may be reduced for poor presentation. This
includes filling your information on the cover page.
Assignment will be evaluated through BB Safe Assign tool. Late submission will result in ZERO marks
being awarded.
First Page
The first page should display the student’s full name, internship start and finish dates, working hours per
week, company/institution name, and the cover page.
The field instructor should sign on the first page.
A Brief Executive Summary of the Internship
A one-page summary of the company/institution and a short account of the major activities carried out
during the internship period.
Acknowledgment
To allow the student to express her/his thankful and gratitude to individuals (such as: field instructor,
academic supervisor, colleagues…etc.) who help them in carrying out and completing her/his training
journey. This part will aid the students to learn basic elements of academic writing. To express their
appreciation in a concise and professional manner.
Table of Contents
Contents of the report with page numbers, list of tables, and list of figures.
Introduction
A brief of the report. The Aim of the report.

College of Administration and Finance Sciences
Chapter 1: Description of the company
This section should answer the following questions:
What is the full title of the company/institution?
Give a brief history of the company, full mailing address and relevant weblinks
What is the type of ownership of the company/institution?
State the main shareholders and their shares.
What is the sector that the company/institution operates in?
Specify the products and services produced and offered to its customers/clients.
Who are regarded as the customers/clients of your internship company (consider the end users, retailers,
other manufacturers, employees,etc.)?
Provide an organization chart of the company, along with information on the number of employees.
Provide a list of functions performed by different departments/divisions in the internship organization.
Provide an overview off the production system or service procedure (what are the resources, inputs,
outcomes, andconstraints?)
Provide a process chart of a major product and/or service.
The following questions can be classified as your major fit (Finance, Accounting, Ecommerce and
Management).
• What kind accounting/finance/IT//quality/marketing standards and principles are used in the
organization?
• Discuss telecommunication technologies (Database, Instant Messenger, Networking, Ecommerce tools)
used in the company.
• Describe the quality planning and control activities in the internship organization.
• Describe the quality control activities throughout the life cycle of the product/service groups
• What kind of financial analysis and decision-making methods are used by corporate treasurers and
financial managers in the internship organization?
• What types of marketing, selling, and human resources analysis are performed (cost system, evaluation
of consumers, needs, product strategy, distribution strategy, promotional strategy)?

Chapter 2: Internship activities
This is the main body of your report. During the internship period, the focus of the training may on the
following types of analysis and questions. You do not have to answer all the questions in the list: •
Describe your working conditions and functions, such as: Who is your supervisor (include his/her name
and his/her position); other team members or co-workers and what their functions are to complement
yours.
• Provide a detailed description about the department(s) that the trainee did her/his training with them.
Adding all sub-divisions for this department(s) if it is available. Student can add to this description a
supported chart.
• Detailed descriptions about all tasks and activities that the trainee did them during her/his training
period.
• Gained skills and how they added value to your work
• Other tasks that are not related to the trainee’s major that done by her/him at the company should be
included in this chapter as well.
• What types of incentives did you get as a trainee to be more proactive and productive?

College of Administration and Finance Sciences
• Describe what kind of working documents and analysis you did there and what experiences you have
gained throughout yourtraining. Provide examples of your work.
• A comparison between theory (things you have learned in the classroom) and practice (things you did or
observed at the company) must be made and highlighted. In this section the student can add a supported
table includes which academic course (s) (course title and code) helped to perform training tasks. For
example, two columns; the first one shows the course name and second column shows the tasks
performed and related to this course.
• Show some work samples that you have encountered/conducted at the company through graphs,
pictures, data, drawings, or design calculations and include them in your report.
• Lessons learnt (what the overall benefits gained from the training program)
Chapter 3: Recommendations
• Advantageous that helped the student in completing the training program.
• Disadvantageous and challenges that faced the student and how he/she did overcome them.
• Recommendations to improve training program in the college.
• Recommendation for the training company. Conclusion Sum up and summary of the training
experience. Reference If it is needed Appendix (option) This will help the instructor to have a background
about the trainee and his/her previous experiences. Also, it helps the students in writing their CVs for
future job application especially for fresh graduates who do not have previous practical experiences.
• Basic information (name, city, contact details…etc.).
• Job objectives.
• Academic qualifications.
• Practical experiences.
• Skills this will help the instructor to have a background about the trainee and his/her previous
experiences

Classification: Internal Use

College of Administration and Finance Sciences

‫ك‬
(Report Components)
What are the activities and tasks given to you during this
month?
This month, I attended a session on the CO Cycle
(Controlling in SAP) with Shahad, where we discussed cost
centers and their role in tracking and controlling costs. I
also learned the difference between cost centers and
internal orders, where internal orders track temporary costs
separately before allocating them to a cost center.
Additionally, I joined a meeting on Inventory
Normalization with Basil, where we discussed the exclusion
of fixed costs during abnormal inventory losses to ensure
fair inventory valuation. I worked on a normalization task
for four plants, which involved determining normal plant
capacity based on 36-month averages, analyzing production
deviations, and allocating overhead costs accordingly. Based
on SABIC guidelines, if production is below 90% of normal
capacity, normalization must be applied.
Task(s)
Furthermore, I worked on Material Ledger (ML) Analysis,
where I analyzed actual cost, standard cost, and PUP
(Periodic Unit Price) to understand inventory valuation.
Additionally, I completed an Excel task using SUMIFS to
organize Ibn Sina’s inventory data.
I also attended a session on the Joint Ownership Production
Agreement (JOPA) and Tolling Concept, which are unique
models within SABIC. JOPA allows factories to operate
under shared production agreements, where companies like
Saudi Kayan and Petrokemya produce existing products
under SABIC’s facilitation. The session covered the three
JOPA types (A, B, and C) and the cutbacks system, where
the operator charges the Non-Operator for their share of
costs. Tolling, another exclusive SABIC model, enables
factories to utilize available capacity efficiently without
direct profit generation.

Classification: Internal Use

College of Administration and Finance Sciences
One of the key challenges this month was being assigned a
presentation on IAS 7 (Cash Flow Statement) by a Senior
Manager, which was outside my department’s scope.
Preparing and delivering it in front of managers required
extensive research, but with the guidance and support of
my supervisor, Mohammed Al-Eid, I was able to structure
my presentation confidently.
At the end of the week, I participated in a meeting on Net
Realizable Value (NRV) with Basil, where we discussed and
basil give us a analysis task , how to compare PUP with the
estimated selling price to ensure fair inventory valuation.
During the closing period, Hessa provided me with
valuable insights that improved my understanding of the
process.

New skill(s)

Meeting(s)

What skills did you learn through the month?
Through the tasks, I learned to differentiate cost centers and
internal orders in SAP, analyze inventory valuation, and
calculate PUP in Material Ledger. I also improved my Excel
skills and understood Net Realizable Value (NRV) concepts.
How many meetings did you attend?
This month, I attended a total of 11 meetings, covering
various financial and operational topics. These included the
Monthly Team Meeting, where all managers, senior
managers, and team members gathered, as well as
sessions on CO Cycle, Inventory Normalization, and
Material Ledger, each of which included discussions and
assigned tasks.
Additionally, I participated in meetings on Net Realizable
Value (NRV), Tolling Concept, JOPA, Raw Materials &
Spare Parts, and Account Reconciliation, which provided
valuable insights into different financial processes.
I also attended a February Closing Session with Hessa via
Microsoft Teams, where the process was explained in detail
through screen sharing. Lastly, I participated in a special

Classification: Internal Use

College of Administration and Finance Sciences
meeting with senior managers, where we were asked about
our learnings from the department, and I was assigned an
external task to prepare and present a presentation on
IAS 7 (Cash Flow Statement).
What are the difficulties you had this month?
This month, I did not face major difficulties, but there were a
few challenges that required extra effort to overcome.
One of them was understanding the JOPA agreement, as it
initially involved many complex details. However, through
the session’s explanations and discussions, I was able to
grasp the different types of agreements and overcome the
challenges.

Difficulty/ Challenge(s)

Another difficulty was understanding the closing process,
especially since I did not have SAP access at the time, which
made it harder to follow along. However, I addressed the
issue, and I was granted SAP access this week, which
significantly improved my ability to understand the
process. Additionally, Hessa supported me during the
closing process by providing all the necessary information,
which helped me gain a better understanding of the
procedure.
Furthermore, one of the challenges I faced was a
presentation request from a senior manager on IAS 7
(Cash Flow Statement), which is outside my department’s
usual scope. I have not presented it yet, but this request has
added some pressure, as it requires external research to
fully understand the accounting principles behind it before
delivering it to the managers.
How did you overcome these difficulties?
I overcame the challenge of understanding the JOPA
agreement by actively engaging in discussions and
reviewing the detailed explanations provided during the
session.
As for the closing process, I initially struggled due to not
having SAP access, but the issue was resolved, and I was

Classification: Internal Use

College of Administration and Finance Sciences
granted access today, which will allow me to track the
process more effectively.
Regarding the IAS 7 presentation, my supervisor,
Mohammed Al-Eid, provided guidance and support,
helping me prepare for it with confidence before
presenting it to the managers.

What did you learn from completing the tasks
From the tasks I completed, I learned the difference between
cost centers and internal orders in SAP and the importance
of inventory normalization in financial reporting and
monthly report Additionally, I analyzed the Material
Ledger (ML) cost and calculated the PUP (Periodic Unit
Price) to understand inventory valuation.
Additionally, I improved my Excel skills and gained insights
into JOPA agreements and Net Realizable Value (NRV).
Understanding these models helped me better understand
the process, which will be useful in my future work.
Learning

What did you want to learn more?
Since Mohammed Al-Eid suggested that each trainee work
with an team member, I was assigned to Hessa to work on
Al-Razi closing . Now that I have SAP access, I am looking
forward to working on March’s closing week and assisting
my team with reports.
Additionally, I want to expand my knowledge in the Fixed
Asset department, so I reached out to the Finance
department to arrange a one-week rotation to gain
experience and work with both teams, and he supported
this initiative.

*Note:
1. This report is a summary of the training activities performed.
2. You may attach additional pages if needed. And student can attach any extra note to this form.

Classification: Internal Use

College of Administration and Finance Sciences

Course Name:

Student’s Name:

Course Code:

Student’s ID Number:

Semester:

CRN:
Academic Year: 144 /144 H

For Instructor’s Use only
Instructor’s Name:
Students’ Grade:

Level of Marks:

Secondary address separator

Secondary address

Text
Text

Text
Text

Thank You

Purchase answer to see full
attachment