Practical Insights into Financial Operations and Internal Controls at Digital Focus Co., Ltd.

Abstract

This cooperative education report presents a summary of my six-month internship experience at Digital Focus Co., Ltd., one of Thailand’s leading distributors of AI-powered IoT solutions and smart technology systems. The primary objectives of this internship were (1) to understand how financial and administrative operations function within a digitally driven technology company, (2) to apply university-level accounting and finance theories in a corporate environment, (3) to develop hands-on experience with digital financial tools such as SAP and online government databases, and (4) to gain insight into how financial accuracy supports operational efficiency in a smart technology organization. Throughout the internship, I worked as a Finance and Accounting Intern under the supervision of the Accounting Supervisor and Finance Manager. My responsibilities included financial data retrieval and analysis using the DBD system, verification of withholding tax documents, reconciliation of checks in SAP, arrangement and filing of sales invoices, preparation of documentation for internal audits, and participation in asset and inventory checks. The internship allowed me to directly apply academic concepts such as financial statement analysis, taxation principles, reconciliation processes, and accounting documentation into real working scenarios. By working extensively with digital tools—SAP, online financial databases, and electronic documentation systems—I gained practical experience in digital finance operations. Additionally, the internship contributed to the development of soft skills including time management, communication, and organizational discipline. Overall, this professional experience significantly expanded my understanding of finance within a technology-focused organization. It strengthened both my technical proficiency and workplace competencies, fulfilling the intended learning objectives and making my internship at Digital Focus a rewarding, insightful, and transformative experience.

Keywords: SAP, Financial Analysis, Internal Control, Withholding Tax, Digital Finance, Cooperative Education

ดร.ศรีสุดา จงสิทธิผล – Dr. Srisuda Chongsithiphol, บธ.บ. การเงินและการลงทุน (หลักสูตรนานาชาติ) – B.B.A. Finance and Investment (International Program), บริหารธุรกิจ (Business Administration), บริหารธุรกิจบัณฑิต สาขาวิชาการเงินและการลงทุน (หลักสูตรนานาชาติ) – Bachelor of Business Administration Program in Finance and Investment (International Program), 3/2567 (2024)