Mindanao State University – General Santos City
College of Business Administration and Accountancy
Department of Accountancy
Fatima, General Santos City 9500
PHILIPPINE NATIONAL BANK
ON - THE - JOB TRAINING
PORTFOLIO
In Partial Fulfillment of the Requirements
In Accounting 197: On-the-Job Training
By:
HERWIN MAE M. BOCLARAS
BS ACCOUNTANCY
August 2019
TABLE OF CONTENTS
TITLE PAGE
Application Letter 1
Recommendation Letter 2
Resume 3-5
Memorandum of Agreement 6-8
Affidavit of Waiver 9
Parental Waiver 10
Certificate of Completion 11
Company Profile 12
Supervisor’s Evaluation of Student Performance 13
Student’s Evaluation of On-The-Job Training 14
Daily Time Record 15-16
On-The-Job Training Daily Journal 17-19
Photos 20-21
May 31, 2019
Constatino P. Ravelo
Branch Head
PNB General Santos
City Hall Drive, Osmena St.
General Santos City
Dear Sir,
Good Day!
I am a 4th Year Student of Mindanao State University, General Santos City taking up
Bachelor of Science and Accountancy. Our university has allowed us through our great
efforts to undergo our internship this June 2019.
The world deserves accountants that will work with it in driving for economic development,
and the choice we make today, in choosing the firms we will intern in, will define whether
we will be one of those individuals that can contribute into our society. Which is why, with
great willingness, I would like to apply for an accounting internship in your company. An
individual who is highly attentive, proactive, self-motivated and passionate about
developing my career in the field of accounting. I want to apply my learnings about
accounting standards and principles into the actual job environment and to use my
computer skills in relation to Microsoft functions. I believe that through this experience, I
will acquire valuable knowledge and skills to complement the concepts and theories I
have learned in school for my betterment through exposure to the actual organizational
works. I also possess good communication skill and a very high degree of commitment
to my work and its ethics.
As a thriving institution, I hope that hand in hand with my university, you will be able to
assist me not only as an accountant in the future but also as a professional that brings
stable environment for the general welfare of those around me through the regulations
and the ethics shaped by your company.
Thank you for your time and consideration, and I look forward to hearing from you.
Sincerely,
HERWIN MAE M. BOCLARAS
MINDANAO STATE UNIVERSITY
General Santos City
College of Business Administration and Accountancy
DEPARTMENT OF ACCOUNTANCY
May 31, 2019
Constatino P. Ravelo
Branch Head
PNB General Santos
City Hall Drive, Osmena St.
General Santos City
Dear Sir:
Warm greetings of peace and solidarity!
It is a mandatory requirement to all graduating BS Accountancy students to undergo a 250-
hour internship in any partner institution. This program is an applied academic practice under joint
faculty and employer supervision for students to substantially expose them to practical application of
business, accounting and auditing concepts.
Previously, the institution had deployed on-the-job trainees in your agency. With the periodic
documentation of their tasks, responsibilities, learning experiences and training, the undersigned
believed that you contributed to the development of our students capable of working effectively as
entry-level accountants. Your participation in realizing the purpose of this program is deemed
significant to our student’s preparation to join the Accountancy Profession. Hence in this letter surface
my request to accommodate another intern in your company.
The undersigned would like to introduce Ms. Herwin Mae M. Boclaras. She is a bona fide BS
Accountancy student of Mindanao State University, General Santos City. She signified her interest to
be trained by your firm in the area of accounting and related jobs. As her academic adviser, I have
had the pleasure of viewing the applicant’s satisfactory academic performance in his all-inclusive stay
in the program. I am pleased to attest that she can work with initiative and less supervision. You can
expose her to any functions that will develop better attitude and good values which are necessary
behavioural attributes of an effective and responsible employee.
I sincerely hope that you will give his application favourable consideration. If I can be of any
further assistance, or provide you any further information, please do not hesitate to contact me via
mobile phone number 0915-835-8921 or reach me through my e-mail address
efrenawayan@yahoo.com.
To facilitate proper documentation of her internship, I’ll be sending several forms to be
accomplished before commencement of her training and after he has completed it.
May this partnership continue in the long-run.With appreciation,
____________________
Efren Awayan, CPA, MSCF
DEAN/Chairperson
Add RESUME
Philippine National Bank (PSE: PNB) is one of the country’s leading private universal
banks in terms of assets. In July 2016, PNB celebrated its centennial year with the theme,
“A Century of Excellence”, signifying a meaningful milestone for an organization that has
served generations of Filipinos. PNB stands proud as an institution that offers stability
and security for many Filipinos.
PNB’s principal commercial banking activities include deposit-taking, lending, trade
financing, foreign exchange dealings, bills discounting, fund transfers/remittance
servicing, asset management, treasury operations, comprehensive trust services, retail
banking and a host of other financial solutions. Through its subsidiaries and affiliate, the
Bank has full banking services in China and the United Kingdom; banking services in
Hong Kong; and a number of diversified financial and related businesses.
In April 2018, PNB issued USD300 million in Fixed Rate Senior Notes under its Medium
Term Note (MTN) Programme, the Bank’s debut issuance in the international debt
markets. There was strong demand for the offering which reached approximately USD1.2
billion at its peak, equivalent to an oversubscription of 4x the issue amount. The Notes,
rated Baa2 by Moody’s, were issued at a price of PHP 99.532 per 100 with a coupon rate
of 4.25% per annum and a tenor of five years and one day.
In September 2018, the Bank disclosed its integration with its wholly-owned thrift bank
subsidiary, PNB Savings Bank (PNBSB). The integration highlights PNB and PNBSB’s
aim to strengthen its consumer and SME business, and improve synergy of its branch
networks. With the integration, PNB now has a total domestic footprint of 707 branches
and more than 1,240 ATMs strategically located nationwide. The Bank maintains its
position as the Philippine bank with the most extensive international reach with more than
70 overseas branches, representative offices, remittance centers and subsidiaries across
Asia, Europe, the Middle East, and North America.
Backed by a legacy of service excellence, PNB is poised to move forward to become a
more dynamic, innovative, and customer-focused bank – a dependable financial partner
of Filipinos all over the world.
Sources:
SEC Form 17-A (2017)
2017 Annual Report
Press Release – PNB net income up 20% to P1.5 billion in the first quarter of 2018
Press Release – Philippine National Bank acquires PNB Savings Bank
PHOTOS
These photos are during our LMA in different companies with our manager.
THESE PHOTOS ARE TAKEN DURING OUR WORK HOURS
PHILIPPINE NATIONAL BANK’S 103RD ANNIVERSARY
