Weakness Recommended Improvements Same Person collects daily fees and deposits the cash and files the wavier forms There should be one person (A) that has visitor fill out the forms and files them‚ also keeping a tally of the number each day. And a second person (B) collects the cash and deposits it into the lock box. The accountant deposits the cash at the bank and makes the journal entry The manager at the end of the night could deposit the cash‚ and the next morning the accountant could make the journal
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duty and reconciled to the cash register total.Internal control weakness: The cashier could falsely claim what was really earned that day. Change: The accountant should count the total receipts.5. The company accountant makes the bank deposit and then records the day’s receipts.Internal Control weakness: The company accountant can falsely claim what there really was. Change: The cashier should be the one to do this task. P4-3A Company Cash Balance: 7695.80 Minus $25 bank charge
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Chapter 5: Performance Evaluation To evaluate the performance of BRAC bank Limited the following parameters are considered in the next part of the paper. 1. Asset 2. Deposit 3. Investment 4. Operating Profit 5. Capital Adequacy 6. Loans & Advance 7. Non-funded Income 8. Revenue per Employee 9. Operating Cost per Employee 10. Cost to Income Ratio 11. Operating Cost as a Percentage of Loans and Advances 12. Fund Management 13. Earning Per Share (EPS)
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A REPORT ON IN-PLANT TRAINING AT PUNJAB NATIONAL BANK SUBMITTING IN FULFILLMENT OF THE PARTIAL REQUIREMENT FOR THE MASTER DEGREE IN COMMERCE ST.JOSEPH’ COLLEGE (AUTONOMOUS) TIRUCHIRAPALLI – 02 Submitted by NETHRA Reg.No:11PCO145 Under the supervision of DR. G.JOHN‚ MCom‚ Mphil‚ PhD‚ . DEPARTMENT OF COMMERCE TIRUCHIRAPPALLI – 02. CERTIFICATE This is to certify that this In- plant training work is a bona fide dissertation done by NETHRA.M
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contributors to the economy of a country. So we can say Commercial banks are a profit-making institution that holds the deposits of individuals & business in checking & savings accounts and then uses these funds to make loans. Both general public and the government are dependent on the services of banks as the financial intermediary. As‚ banks are profit-earning concern; they collect deposit at the lowest possible cost and provide loans and advances at higher cost. The differences between two are the profit
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Internship Report on Credit Risk Management of Agrani Bank Limited Introduction Agrani Bank Ltd is a state owned scheduled bank in Bangladesh. It has a vital contribution towards lending and investment in economy because Agrani Bank Ltd. has been participating at all sectors (from industrial sector to microfinance). Here main purpose of preparing this report to make clear idea about credit risk management of Agrani Bank Ltd and gather enough knowledge to deal with these functions. We know that
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Chapter-01 Organization Part 1.1 Introduction of Organization : The BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Limited) established as a banking company under the Companies Act 1913 launched its operation in 1989. It is governed by the Banking Companies Act 1991. At the outset‚ the Bank started as a joint venture enterprise of the BCC Foundation with 70 percent shares and Government of Bangladesh with the remaining 30 percent
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Network Expansion The fundamental characteristics and components of the a network of communications is well put together and is suited to their needs to support three stores. The Kudler network is small and only automated at the store level. In analyzing the current network setup‚ a determination will be made on a new network design. This will better automate the network communications between all physical locations of Kudler Fine Foods. Kathy Kudler’s business is still growing with a
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the financial requirements. Main functions of banking department are the followings: Account opening system‚ Account section‚ Collection and clearing‚ Saving Bank Account‚ Current Account‚ Short Term Deposit Account. Local remittance Section: Pay order‚ Demand Draft‚ Telegraphic Transfer‚ Call Deposit Account. Janata Bank Ltd. also provides different types of DPS like monthly savings Scheme (MSS)‚ Monthly Benefit Scheme (MBS). Janata Bank Ltd. provides the entire general banking facilities like LC
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findings is cover two major areas‚ first- “Managing the need of General Banking customer”‚ SIBL fulfill General Banking customer need by offering the various types of Account like- Al wadia current and Saving accounts and different deposit scheme like- Lakhopoti deposit scheme‚ pension saving scheme etc and other functions like- Remittance‚ clearing‚ cash section function. SIBL also follow some procedure to manage the need of General Banking customer. Another major area of this report is “Performance
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