Assigment Report on Accounting System - Thu Duc Centrifugal Concrete Joint-Stock Company
High Quality Auditing Class – Intake 52 | Assignment Report | Abt. Thu Duc Centrifugal Concrete Joint-Stock Company |
Group 4: | Duong Thi Phuong ThaoLe Duy AnhNguyen Thi HangNguyen Mai HuongLe Khanh Ly | |
10/4/2012
Contents A. General information 2 I. Establish and Development 2 II. Description of business 3 B. Description of accounting system 4 I. Summary of significant accounting policies 4 II. Description of recording process 6 C. Brief look at financial statements 15 I. Balance Sheet (Shortened) – Comparison between two years 15 II. Income Statement – Comparison between two years 17 III. Statement of Cash Flow (Unconsolidated) - Comparison 18 IV. Financial ratios analysis 20 Appendix 1: Form of records and documents used 22 Appendix 2: Consolidated Financial Statements 23
Thu Duc Centrifugal Concrete Joint-Stock Company A. General information I. Establishment and Development
Thuduc Centrifugal Concrete Workshop is established on May 1989, directly under Power Construction Company No.2 – Vietnam Electricity Coorporation, a professional manufacturer on industrial concrete products (major are poles). * Based on Decision no. 265/QĐ (VT5/ĐVT/TCCB) dated on March 15, 1997, Thuduc Centrifugal Concrete Workshop is changed to Thuduc Centrifugal Concrete Factory. Being a State Business, the factory has specific characteristics of a manufacturing factory. Main products are spun poles, spun pipe , prefabricated building components …for electric field and industrial zones, and residential quarters. Thuduc Centrifugal Concrete Factory is a indipendent business on finacial post. * On 06th November 2003, conforming Desision 180/2003/QĐ-BCN from Ministry of Industry on equitizing, Thuduc Centrifugal Concrete Factory becomes Thuduc Centrifugal Concrete Joint -Stock Company with 51% State onwed (Joint-Stock Company governed by State) and 262 shareholders. * On 04th February 2004, a Citificate of
Group 4: | Duong Thi Phuong ThaoLe Duy AnhNguyen Thi HangNguyen Mai HuongLe Khanh Ly | |
10/4/2012
Contents A. General information 2 I. Establish and Development 2 II. Description of business 3 B. Description of accounting system 4 I. Summary of significant accounting policies 4 II. Description of recording process 6 C. Brief look at financial statements 15 I. Balance Sheet (Shortened) – Comparison between two years 15 II. Income Statement – Comparison between two years 17 III. Statement of Cash Flow (Unconsolidated) - Comparison 18 IV. Financial ratios analysis 20 Appendix 1: Form of records and documents used 22 Appendix 2: Consolidated Financial Statements 23
Thu Duc Centrifugal Concrete Joint-Stock Company A. General information I. Establishment and Development
Thuduc Centrifugal Concrete Workshop is established on May 1989, directly under Power Construction Company No.2 – Vietnam Electricity Coorporation, a professional manufacturer on industrial concrete products (major are poles). * Based on Decision no. 265/QĐ (VT5/ĐVT/TCCB) dated on March 15, 1997, Thuduc Centrifugal Concrete Workshop is changed to Thuduc Centrifugal Concrete Factory. Being a State Business, the factory has specific characteristics of a manufacturing factory. Main products are spun poles, spun pipe , prefabricated building components …for electric field and industrial zones, and residential quarters. Thuduc Centrifugal Concrete Factory is a indipendent business on finacial post. * On 06th November 2003, conforming Desision 180/2003/QĐ-BCN from Ministry of Industry on equitizing, Thuduc Centrifugal Concrete Factory becomes Thuduc Centrifugal Concrete Joint -Stock Company with 51% State onwed (Joint-Stock Company governed by State) and 262 shareholders. * On 04th February 2004, a Citificate of