EXECUTIVE SUMMARY

My one-month industrial training took place at the Divisional tax center located at Clerks’ Quarter (Buea) behind the Ministry of Secondary Education and opposite Public Services. The main objective of this training was to enable me gain experience in the industrial field, match theory with practice and also get possible solutions to the difficulties which had.

The Divisional Tax Center acts as the Government’s intermediary in receiving taxes from individuals and corporate bodies within and without Buea but, the Divisional Taxation Buea has services that work as a team (collectively) towards a common goal which is to execute the state’s budget in revenue and expenditure.

Nevertheless, as a Taxation Center, it controls and treats the accounts of individuals and corporate bodies who are tax payers within the jurisdiction.

Though with all the effectiveness of the Divisional Tax center, it has its Strengths, weaknesses, Opportunities and Threats.

CHAPTER ONE

INTRODUCTION

1.1 Background of the study

Internship is a professional training and learning experience that offers meaningful practical work related to a student’s field of study or career of interest. Internship also gives a student opportunity to integrate career experience into an undergraduate education, by participating in a planned and supervised work.

Internship is a period of apprenticeship when students work out of campus, under the supervision of an industry, school, business laboratory or government agency. Through this, students try to put into practice what they have learned in class.

It is based on professionalism and emphasize a style of pair learning that enhances the experience. Internship provides real work experience to those who are willing to exploit or gain the relevance of knowledge and skills required to enter into a particular career field.

Internships are relatively short term in nature with the objective on setting someone one a job training, taking what you have learned in the classroom and practice it into the real world. In relation to your career, internship usually have supervisor who assigns specific tasks and evaluates the interns overall work. We have different types of internship that has been identified. Most importantly Research internship(graduation), Work internship, visual internship, paid and unpaid internship.

Internship can be thought as the capstone for students in terms of going through to learn a career field, following other activities as academic and professional training program; unlike the traditional vocational training programs, internships are not designed to prepare undergraduates for specific job After graduation, but rather they expose students to career fields, into the entire industries and provide a broad defined work place skills relevant across many job opportunity, there are also internships designed to show students the relevance of academic skills which are increasing in most work places.

Academic internship needs to be designed with this in mind. Most employees not only understand this principle but apply it. They want well trained employees in terms of academic skills, exactly the sot focused in internship. They can (and prefer to) provide any needed job to specific training.

Internships are not jobs in vocational traditional sense.

They are learning, training and experiences. That is why the oxford Advanced Learners English dictionary defines internship as a period during which a student gets practical experience in a job or pre professional training and prerequisite for the fulfillment of the Bachelor of Science (BSc.) degree program organized by the University of Buea to be carried out by students moving to final year of studies.

Therefore, students often work in variety of departments, learning the type of job and careers within the company or agency.

Almost all can be useful if the employer understands the purpose and the student’s (as well as the company’s) interest in mind.

The common underlying principle is that they expose students to meaningful learning, training and experiences which shows them the relevance of what they are learning in school, it all teaches them what it takes and means to have a job which help in the development of an educational and career for the future.

1.2 Characteristics of internship

An effective internship has the following certain characteristics which include things like the period and the general organization as stated below;

An internship contributes to a student’s personal and professional development through challenging work, assignments most completed before the student graduates from the university.

Internship should balance the work need of the organization and the learning goals of the interns.

Internships are different from short term job or volunteer experience in that there is an international learn9ng agenda structured according to the experienced. The duration may be anywhere from week to two years but typically last the course of a se4mester.

Internship are planned and scheduled through consultation with the university so as to9 fit into the undergraduate experience.

It involves a supervision component that is mentoring sand educational. The supervision is carried out at the organization.

It include career related experiences that complement what was learned in classroom, meaning matching theory with practical.

The student will have a relection and evaluation process at the conclusion of the internship. Internship is most successful when the student, the university and the employer all share responsibility in making it valuable experience.

CHAPTER TWO

AN OVERVIEW OF THE ORGANIZATION

2.1 Historical background of taxation.

Taxation is not a new concept. It started since 3500BC in Mesopotamia and Egypt. During this era, the ki89ng needed more resources to provide a living for his priest, courts and their army. Since their own resources were not enough, they resorted to taxes. With the absence of money, these taxes were paid in kind either through giving a fixed proportion of the peoples harvest to the king (115) and Egypt and others paid by providing labor.

During the 20th century, the two world wars and the emergence of the modern welfare state led to the large increase in revenue. The value added tax (VAT) was introduced in France in 1954 and today it has become a central tool of tax policy in most countries including Cameroon.

In Cameroon, the tax system id self-declarative which means the tax payer goes to the tax administrator for the assessment of his tax. Taxation is the, most prominent way through which the government of Cameroon raise revenue to carry out expenditure.

In Cameroon the taxation department is just one of the departments under the ministry of finance (MINIFI). The others are custom, budget and treasury department.

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