...Project on Financial Statement Analysis of United Leasing Company Limited Project on Financial Statement Analysis of United Leasing Company Limited Prepared for Dr. H. M. Mosarof Hossain Professor School of Business (MBA Program) North South University Prepared By Syeda Zabeen Ahmed, ID # 0910683060 Khadiza Akter, ID # 0930401060 Sadia Choudhury, ID # 1010366060 Toufiqur Rahman, ID # 1030291060 Md. Nazmul Ahsan, ID# 1010236060 April 08, 2011 Dr. H. M. Mosarof Hossain Professor School of Business (MBA Program) North South University. Submission of the BUS635 Group Project Dear Sir, We are pleased to submit the group project paper: “Financial Statement Analysis of United Leasing Company Limited” that you have asked us to prepare in an effort to better understand different Financial Analysis techniques. The topic has enabled us to better comprehend how United Leasing Company performed for last years and what they would do to improve their operations. It has been a pleasant experience working on this report. We submit it for your kind consideration and thank you for your guidance. If further clarification regarding this report is found required, we would be available by any means. Sincerely, Syeda Zabeen Ahmed, ID # 0910683060 ---------------------------- Khadiza Akter, ID # 0930401060 ---------------------------- Sadia Choudhury, ID # 1010366060 ---------------------------- Toufiqur Rahman, ID # 1030291060 ---------------------------- ...
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...Accounting System and Financial Reporting of NGOs: Case Study of a BRAC’s Project Munima Siddika1, Mohammad Sarwar Jahan Rekabder2 and A.K.M. Delwar Hossain3 tawheedfj@yahoo.com Abstract: In the absence of specific accounting and financial reporting standards and diverse interpretation of certain terms under the laws of the land, it has become a very difficult task to follow a standardized procedure in generation and presentation of accounting and financial information of NGOs. The practices followed by NGOs in Bangladesh are varied and diverse and there by preparation of financial statements are incomparable and difficult for uses to understand. The paper tries to demonstrate financial reporting and accounting system of a BRAC’s project and provide a guideline for constituting suitable financial reporting and accounting systems for NGOs. The article elaborates on basis of preparation of financial statements and reporting procedure and then followed by accounting systems of regional office and head office of that project. The final part of the article discuses issues relating to financial report and financial transparency of the project. Munima Siddika, Lecturer, Faculty of Business and Economics, Daffodil International University, 102 Sukrabad, Mirpur Road, Dhaka-1207, Bangladesh. Mohammad Sarwar Jahan Rekabder, Lecturer, Faculty of Business and Social Studies...
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...Internship Report On NGO Accounting Practices in Bangladesh-A Case Study on BRAC Submitted to: Dr. Mahfuzul Hoque Professor Department of Accounting & Information Systems Faculty of Business Studies University of Dhaka Submitted by: Syeda Marzana Farha Roll No-11097 M.B.A. 11th batch Department of Accounting & Information Systems [pic] University of Dhaka CHAPTER 1 Introduction 1.1 Background The internship program is a pre-requisite for the MBA degree from the Faculty of Business Administration, University of Dhaka. In today’s world, education is the imperative tool for understand the real world and apply knowledge for betterment of the society as well as in Business Sector. From the education session the theoretical knowledge is obtained from various courses throughout the programs, which is only the half way of the subject matter. Practical knowledge has no alternative. The perfect coordination between theory and practice is of paramount importance in the context of modern business Graduates to get 12 weeks practical experience, that is Internship Program. Internship program brings student closer to the real life situation and thereby helps to launch a career with some prior experience. Internship is a step towards fulfilling this commitment by giving students an opportunity to get ready for the real world before they enter their practical...
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...our operations through effective utilisation of resources and adoption of appropriate technology. Promote inclusive growth by encouraging and assisting our distributors and suppliers in improving efficiency. Ensure superior return on investment through judicious use of resources and efficient operations, utilising our core competencies. Our Values Quality Customer Focus Innovation Fairness Transparency Continuous Improvement Annual Report 2014 Page 1 ISO 9001 Quality Management System ACI in the first company in Bangladesh to have obtained ISO 9001 Certification for Quality Management System across all categories ACI Quality Policy One of our important vision is to provide products and services of high and consistent quality, ensuring value for money to our customers. To attain the Vision ACI will: Aim to achieve business excellence by understanding, accepting, meeting and exceeding customer expectations. Follow International Standards on Quality Management System to ensure consistent quality of products and services to achieve customer satisfaction. ACI will also meet...
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...report a leap forward to our emerging careers. This is the first time we’ve done something which asks for a greater sense of responsibility, teamwork, above all an ever unquenched thirst for knowledge. It is Almighty Allah whom we should praise above all for we serve him and his purpose. It is not possible do anything without taking any help from others. In the time of researching we enjoy finding something new but it is not possible to understand every thing. We realize that professional help to make the report a possibility. For making an acceptable and credible report we took several people’s help and advice. Our first thanks goes out to our course instructor Rezwana Karim, who gave us the opportunity to prepare a ‘Company Profile and Management Analysis’ report. I feel that without his help we couldn’t have made this report. We went to his office if we felt any problem and to give us proper guide line. In short, he became our Text Book ‘Researching Made Easy’! To make this report we needed a lot of information about the particular bank and banking industry as a whole. In the report we have used largely the information provided by different banking personnel. All the people who have helped us with the raw data, our warmest regards to them. I would like to express gratitude to Mr. Jamil the manager of one of the branch of One Bank. He gave us the permission to go to his branch and make the report. His help is unforgettable because he told his sub-ordinates to give us all the...
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...An Internship Report On Audit Procedure of UHY Syful Shamsul Alam & Co. and A Comparative Analysis on IFRS (IAS) and AAOIFI on Financial Reporting Issues Department of Finance Faculty of Business Studies University of Dhaka An Internship Report On Audit Procedure of UHY Syful Shamsul Alam & Co. and A Comparative Analysis on IFRS (IAS) and AAOIFI on Financial Reporting Issues (As partial fulfillment of BBA Program) Submitted To Department of Finance University of Dhaka Supervised By Taher Jamil Lecturer Department of Finance University of Dhaka Submitted By Md. Rased Mosarraf ID: 16-062 Department of Finance University of Dhaka Date of Submission: May 22, 2014. Letter of Transmittal May 22, 2014. Taher Jamil Lecturer Department of Finance University of Dhaka Subject: Submission of internship report. Dear Sir, I have the pleasure to submit an Internship Report after completing a successful three month Internship attachment at a CA firm named “UHY Syful Shamsul Alam & Co.” on “Audit Procedure of UHY Syful Shamsul Alam& Co. and A Comparative Analysis on IFRS (IAS) and AAOIFI on Financial Reporting Issues”. I have concentrated my best effort to achieve the objectives of the report and hope that my endeavor will serve the purpose. The practical knowledge and experience gathered during report preparation will immeasurably help in my future professional life. I will be obliged if you kindly approved this endeavor...
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...our operations through effective utilisation of resources and adoption of appropriate technology. Promote inclusive growth by encouraging and assisting our distributors and suppliers in improving efficiency. Ensure superior return on investment through judicious use of resources and efficient operations, utilising our core competencies. Our Values Quality Customer Focus Innovation Fairness Transparency Continuous Improvement Annual Report 2014 Page 1 ISO 9001 Quality Management System ACI in the first company in Bangladesh to have obtained ISO 9001 Certification for Quality Management System across all categories ACI Quality Policy One of our important vision is to provide products and services of high and consistent quality, ensuring value for money to our customers. To attain the Vision ACI will: Aim to achieve business excellence by understanding, accepting, meeting and exceeding customer expectations. Follow International Standards on Quality Management System to ensure consistent quality of products and services to achieve customer satisfaction. ACI will also meet...
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...Notes, comprising a summary of significant accounting policies andother explanatory information; andf) A statement of financial position as at the beginning of the earliestcomparative period when an entity applies an accounting policyretrospectively or makes a retrospective restatement of items in itsfinancial statements, or when it reclassifies items in its financialstatements. An entity shall clearly identify each financial statement and the notes. Inaddition, an entity shall display the following information prominently, and repeatit when necessary for the information presented to be understandable:a) The name of the reporting entity or other means of identification, andany change in that information from the end of the precedingreporting period; b) Whether the financial statements are of an individual entity or agroup of entities c) he date of the the set of finance d)The name of the reportinBeximco PharmaceuticalIt is also clear that both oreporting period are coved by the set of financial statements or notes. e)Foreign currencies are translated inaccordance with BAS-21 " Information to be presented to the statement of fifancial position. the following amounts include the line item) a)Property, plant and equipment b)Investment property c)Intangible assets d)Financial assets e)Investments accounte f)Biological assets g)Inventories; h) rade and other receivables i)Cash and cash equivalents j)The total...
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...submission 1 August, 201 Executive summary The ceramic industry is surprisingly not quite a new one in Bangladesh. It dates back to 1962. People Ceramic Industries Ltd (PCI) pioneered the manufacture of porcelain tableware in Bangladesh (Khandaker and Alamgir 2006). According to Bangladesh Ceramic Ware Manufacturers Association (BCWMA), there are approximately 40 ceramic manufacturers operating in this industry producing tableware, sanitary ware and tiles. The major ceramic companies in the industry are Monno ceramics, R.A.K ceramics, Shinepukur ceramics, Fu-wang ceramics, greatwall ceramics, Peoples and national ceramics etc; there remains other 31 companies. Over the years, the ceramic industry in Bangladesh has flourished immensely and has gained recognition throughout the worldQuality of products has helped Bangladesh to carve a niche in the global market; the manufacturers in this sector are taking risks while diversifying their designs into world-class standards. The close competitors of Bangladesh are China and India, but they mostly produce traditional items. Moreover, due to recent global financial crisis and rising labor cost, the developed countries are placing more orders to low-cost countries like Bangladesh. However Bangladesh has a bright prospect in international market. Standard Ceramics industries Ltd is pioneer in tableware ceramics in Bangladesh. 31-40 % products are exported to the international market. The excellent quality and design of vitrified...
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...Annual Report 2010 CONTENTS Notice of the Meeting PAGE 1 Company Information 2-3 Company Milestones 4 Chairman’s Statement 5-7 Board of Directors' Report Progress at a Glance Auditors' Report to the Shareholders Balance Sheet Profit and Loss Account Statement of Changes in Equity Cash Flow Statement Liquidity Statement Notes to the Accounts Annexure Proxy Form 8-13 14-15 16-17 19-20 21 22 23-24 25 26-57 58 59 NOTICE OF THE TWENTY SECOND ANNUAL GENERAL MEETING Notice is hereby given that the Twenty Second Annual General Meeting of the shareholders of United Leasing Company Limited will be held at the Celebrity Hall of Bangabandhu International Conference Centre, Agargaon, Sher-E-Bangla Nagar, Dhaka on Thursday, June 9, 2011 at 11.00 a.m. to transact the following business: 1. To receive and adopt December 31, 2010. the Directors' Report and Audited Accounts for the year ended 2. To declare Dividend for 2010. 3. To elect Directors as per Articles of Association of the Company and fix Directors’ remuneration. 4. To consider the appointment of Auditors for 2011 and fix their remuneration. BY ORDER OF THE BOARD Dated : Dhaka April 18, 2011 COMPANY SECRETARY Notes : 1. A Shareholder entitled to attend and vote at the meeting may appoint a proxy to attend and vote in his/her stead. The proxy form must be affixed with a revenue stamp of Tk 10.00 and submitted to the Registered Office of the Company no later than 48 hours before the day of the Annual General Meeting....
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...This is Grameenphone November 11, 1996 Awarded operating license in Bangladesh by the Ministry of Posts and Telecommunications. March 26, 1997 Launched its service on the Independence Day of Bangladesh. November 11, 2009 Successfully listed on the Stock Exchanges in Bangladesh. After fifteen years of operation More than 35 million subscribers and around 87 thousand Shareholders as of December 2011 are now empowered under a single network and touched by the magic of closeness. Annual Report 2011 02/03 More than 35 Million subscribers History & Grameenphone Milestones 2010 Launched New Tariff Plan, ‘MobiCash’ Financial Service Brand, Ekota for SME, Baadhon Package, Mobile Application Development Contest & Network Campaign; Reached 29.97 Million Subscribers 2008 Introduced BlackBerry Service; 2011 Launched ‘My zone’- location based discount on usage, Micro SIM cards for iPhone, Spondon Package with 1-sec pulse; Grameenphone Branded Handset (C200, QWERTY handset ‘Q100’ and Android Handset ‘Crystal’), Customer Experience Lab, eCare solution; Completed swapping of 7,272 nos. of BTS; Reached 36.5 Million Subscribers 2009 Listed on Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd.; Launched Internet Modem, Special Olympic Regional Talent Hunt, Stay Green Campaign, Internet Package P5 & P6, Grameenphone Branded Handset & Studyline; Reached 21 Million Subscribers Commissioned Brand Positioning & ...
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...of economic concepts and techniques were applied in early Islamic banking, including billsofexchange, partnership (mufawada,including limitedpartnerships,or mudaraba), and forms of capital (al-mal), capital accumulation (name al-mal),cheques, promissory notes,trusts (see Waqf),transactionalaccounts, loaning, ledgers and assignments.Organizational enterprises independent from the state also existed in the medieval Islamic world, while the agency institution was also introduced during that time. Many of these early capitalist concepts were adopted and further advanced in medieval Europe from the 13th century onwards. Bangladesh is one of the largest Muslim countries in the world. The people of the Muslim community wishes to design their economic activities in accordance with the percepts of Islam so the establishment of some numbers of Islami Bank in Bangladesh is the true reflection of long day’s deep cry in their heart. The Objective of Social Islami Banking is not only to earn profit, but also to do good and welfare to the people. Islam upholds that, money, income and property belong to Allah and this wealth is to be used for the good of the society. Social Islami Banks operate their banking activates based on the Islamic principles of profit and loss sharing and strictly avoiding interest. 1.2 Background and Purpose of the Internship Program The internship program is an integral part of the BBA program that all the students have to undergo of International Business...
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...evaluation and ratio analysis of Pharmaceutical Company in Bangladesh Faruk Hossan Md Ahsan Habib Supervisor: José Ferraz Nunes Examiner: Bengt Kjellén Master‟s thesis in international Business 15 ECTS Department of Economic and Informatics University West Spring term 2010 0 ABSTRACT The thesis applies performance evaluation of pharmaceutical company in Bangladesh. It means evaluate how well the company performs. The main aim is achieved through ratio analysis of two pharmaceutical (Beximco and Square pharmaceutical) companies in Bangladesh. The main data collection from the annual financial reports on Beximco and square pharmaceutical companies in 2007 to 2008.Different financial ratio are evaluated such liquidity ratios, asset management ratios, profitability ratios, market value ratios, debt management ratios and finally measure the best performance between two companies. The mathematical calculation was establish for ratio analysis between two companies from 2007-2008.It is most important factors for performance evaluation. The graphical analysis and comparisons are applies between two companies for measurement of all types of financial ratio analysis. Liquidity ratio is conveying the ability to repay short-term creditors and it total cash. It determines perform of short term creditor of both pharmaceutical companies under the three categories such as current ratio, quick ratio and cash ratio. Asset management ratio is measurement how to effectively a company to...
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...evaluation and ratio analysis of Pharmaceutical Company in Bangladesh Faruk Hossan Md Ahsan Habib Supervisor: José Ferraz Nunes Examiner: Bengt Kjellén Master‟s thesis in international Business 15 ECTS Department of Economic and Informatics University West Spring term 2010 0 ABSTRACT The thesis applies performance evaluation of pharmaceutical company in Bangladesh. It means evaluate how well the company performs. The main aim is achieved through ratio analysis of two pharmaceutical (Beximco and Square pharmaceutical) companies in Bangladesh. The main data collection from the annual financial reports on Beximco and square pharmaceutical companies in 2007 to 2008.Different financial ratio are evaluated such liquidity ratios, asset management ratios, profitability ratios, market value ratios, debt management ratios and finally measure the best performance between two companies. The mathematical calculation was establish for ratio analysis between two companies from 2007-2008.It is most important factors for performance evaluation. The graphical analysis and comparisons are applies between two companies for measurement of all types of financial ratio analysis. Liquidity ratio is conveying the ability to repay short-term creditors and it total cash. It determines perform of short term creditor of both pharmaceutical companies under the three categories such as current ratio, quick ratio and cash ratio. Asset management ratio is measurement how to effectively a company to...
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...1. INTRODUCTION 1. Rationale for Selecting the Report: Dairy sector of Bangladesh is playing an important role in Bangladesh Economy. Country is producing milk well under the requirement and most of the demands are being met from import of dry milk from the international market. This country needs 7.227 million ton milk calculating 120ml per head. Out of which we produced only 2.686 million ton and met up our requirement by importing 52 thousand ton milk power from abroad. Still we have deficit of 3.91 million ton milk. At present, daily per capita milk consumption is less than 60 ml. We are spending 10 billion Taka per annum for importing milk powder from abroad. The total milk market in Bangladesh is estimated around 21000mt worth $ 72m of which Dano holds 22% Market Share (MS), Diploma 18%MS, Anchor 12%MS, Red cow 8%MS, Nido 4%MS and others rest local players. FCMP market reaching maturity and price competition is also increasing. Due to no/little product differentiation brands becoming very price elastic. Global Trend-Consumers moving from generalized products to specialized products. Local Trend- Consumption of packed consumer goods going up. NZDP (New Zealand Product Bangladesh Ltd.) intents to enter the specialized product segment of milk market in Bangladesh. With the outbreak of stunning information that powder milk product specially growing up Milk product contain melamine; the global milk market has gained instability. Almost three children had died with the hazardous...
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