Internship Report on Ad-Din Hospital

Abstract

In this report, the financial activities and challenges of Ad-Din Foundation, a prominent healthcare institution in Bangladesh were examined. The main objective was to identify and analyze the financial activities of the organization. The report also aimed to share the author's internship experience, understand industry challenges, and explore the activities of the Accounts and Finance department. The methodology included data collection through informal interviews with management, supervisors, and peers, as well as secondary sources such as the organization's official website, internet, reports, and relevant journals and books. Ad-Din Foundation was established in 1980 with a primary focus on aiding the disadvantaged majority in Bangladesh. The organization has since expanded its reach by establishing hospitals, medical colleges, nursing institutes, and medical technology institutes across various regions of the country. The report highlighted the challenges faced by Ad-Din Hospital, including infrastructure and facilities, equipment and technology, human resources, financial constraints, patient overcrowding, administrative inefficiencies, regulatory compliance, patient satisfaction, technological integration, and lack of community engagement. A comparison was making between Ad-Din Hospital and its nearest competitors, Squire Hospital and Holy Family Hospital. Each hospital's facilities, strengths, weaknesses, and challenges were analyzed providing insights into their respective positions in the healthcare industry. The report also provided a financial guideline for Ad-Din Foundation, outlining procedures for cash receipts, cash disbursements, accounts payable, payroll, cash, advances, prepayments and security deposits, investments, general ledger, and other accounting activities. The internship experience at Ad-Din Foundation was highlighted including job responsibilities such as assisting with research, data entry, and maintaining financial records. The functions of the Accounting and Finance department, including reporting, financial controls, payroll administration, accounts payable and receivable, inventory management, internal reporting, and taxes were explained. In conclusion, the report provided valuable insights into Ad-Din Foundation's financial activities and challenges, as well as the author's internship experience. The financial guideline and department functions outlined in the report offer a comprehensive overview of the organization's financial operations. Overall, the report contributes to a deeper understanding of the healthcare industry in Bangladesh and the role of Ad-Din Foundation within it.