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February 18, 2013

Katie McIsaac: Insurance Marketing Agencies, Inc
Interning at Insurance Marketing Agencies, Inc

Interning at Insurance Marketing Agencies, Inc

 

Name: Katie McIsaac
Hometown, State: Sandwich, Massachusetts
Major: Accounting
Minor: Marketing
Internship Sponsor: Insurance Marketing Agencies, Inc

 

Primary Responsibilities:

  • Create a departmental budget for future year projections and a departmental income statement
  • Perform bank and general ledger account reconciliations
  • Update employee personnel files and amend spreadsheets to match the new fiscal year

Blog Entry:
Insurance Marketing Agencies (IMA), Inc is an independent brokerage firm that provides complete insurance and risk management solutions for their customers.  With two locations in Worcester and Waltham, IMA is committed to providing innovation, strategic partnerships and warm friendly service. 

 

As an intern in the company’s Finance Department, I am applying my accounting knowledge and skills to a real company in real time.  An example of this is comparing numbers on income statements to the company’s trial balance and understanding where the amounts stem from.

 

In more specific terms, I am inputting journal entries into the online database, and recognizing the importance of the accuracy of each entry as it applies to all financial records.  I have also been introduced to various concepts, such as income determination, which was covered in my Intermediate Accounting class.

 

I am certain that working as an intern at IMA will give me the skills and experience necessary for a successful career in the accounting.

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