VIETNAM NATIONAL UNIVERSITY HO CHI MINH CITY HCM UNIVERSITY OF ECONOMICS AND LAW GRADUATION THESIS ACCOUNTING SERVICES PROVIDED AT DELOITTE VIETNAM ACCOUNTING SERVICES AND BUSINESS PROCESS SOLUTION COMPANY LIMITED. Nguyen Hoang Dieu Hien Student: Pham Thuy Hong Student ID: K194050747 Grade: K19405CA Ho Chi Minh City, 2023 – 2024 i THANKS TO First of all, allow me to express my sincere thanks to all teachers of the Faculty of Accounting and Auditing in particular and all teachers of the University of Economics and Law of Ho Chi Minh City in general for their dedication to the profession of passing on valuable knowledge and encouragement to help me step firmly on the path. In particular, I would like to thank Dr. Nguyen Hoang Dieu Hien - Instructor, who has spent a lot of valuable time to guide and guide me enthusiastically, giving me many useful tips so that I can complete my graduation thesis.
With limited knowledge and flawed personal experience, the dedicated help of teachers is the motivation for me to see more clearly m y shortcomings and be able to improve myself. At the same time, I would like to express my deep gratitude to the Board of Directors and departments of Deloitte Vietnam Accounting Services and Corporate Solutions Co. for facilitating me to learn the practice during the internship at your company. Finally, I would like to sincerely thank the accounting department of Deloitte Vietnam Accounting Services and Corporate Solutions Co.
During my three -month internship at the company, I received dedicated guidance and help from my brothers and sisters. In this short period of time, I have learned a lot of new things, had the opportunity to get closer to the nature of the next profession, and many other things that I have never had access to before. Thanks to you, I not only learned about expertise and knowledge but also had the necessary soft skills, working and experiencing in a dynamic and professional environment such as Deloitte Vietnam Accounting Services and Business Solutions Co. is a blessing for me.
This will be an invaluable baggage that will follow me on my future career path. The graduation thesis is carried out within three months, and along with the limitation of personal knowledge and experience, there are bound to be many errors. I look forward to receiving sincere comments and criticisms from teachers so that my graduation thesis can be more complete. Thank you Ho Chi Minh City Planet Student implementation viii ix Thành phố Hồ Chí Minh, ngày … tháng … năm 20… Giảng viên phản biện THANKS TO.
Reasons for choosing a topic. Subjects and scope of research. 2 CHAPTER 1: OVERVIEW OF DELOITTE VIETNAM BRANCH OF ACCOUNTING SERVICES AND BUSINESS SOLUTIONS COMPANY LIMITED. Introduction of the company.
The company's business activities. Organizational apparatus at the company. Organizational chart of management. Functions and duties of departments.
Organization of accounting at the company. Organization of accountancy. Organization of the accounting apparatus. 8 CHAPTER 2: INTRODUCTION TO THE CLIENT COMPANY USING VAT ACCOUNTING SERVICES OF DELOITTE VIETNAM ACCOUNTING SERVICES AND BUSINESS PROCESS SOLUTION COMPANY LIMITED.
About the client company. General information about the client company. Field, line of business, type of business, investor, and year of operation in Vietnam, investment country, scale of operation of the company. Organization of accounting work at the company.
11 CHAPTER 3: The Accounting Process is provided at Deloitte Vietnam accounting services and business process solution company limited. General introduction accounting process providing at the branch of Accounting Services and Business Solutions company Deloitte Vietnam. Offer services and quotes to customers. Get to know customers.
Receive and check invoices and vouchers. Determining business accounts, processing information. Legal grounds used. VAT accounting at the branch of Deloitte Vietnam Accounting Services and Business Solutions Co.
applied at ABC Co. Input VAT accounting. Economic transactions arise. Illustrated data in the summary and detailed in Excel software.
Output VAT accounting. Usage vouchers and document circulation process. Economic transactions arise. Illustrated data in the summary and detailed in Excel software.
Determine and declare VAT payable. Determination of VAT payable. Illustrated data on the list. Making tax returns on HTKK software.
30 CHAPTER 4: COMMENTS AND RECOMMENDATIONS .1 Comments on the organizational structure of the branch of Deloitte Vietnam Accounting Services and Business Process Solution Co. Comments on the accounting services provided at the company branch of Deloitte Vietnam Accounting Services and Business Process Solution Co. Some recommendations to improve the accounting of receivables to suppliers. Reasons for choosing a topic Value added tax – a familiar tax that anyone involved in buying / selling goods encounters, but to learn and implement it is a problem that needs to be solved.
In February 2022, the Government reduced the VAT rate of some goods, this topic has been mentioned on many forums and information pages, it has caused many difficulties for businesses to adjust and account as well as declare tax. I find that the topic of VAT is interesting, but there is also much around it to find and learn from. A tax affects both individual consumers and businesses, so VAT declaration is an important stage that needs to be organized scientifically and reasonably to improve business efficiency of businesses. Recognizing the importance of VAT accounting, after a period of practical research on accounting services at I find that the topic of VAT is interesting, but there is also much around it to find and learn from.
A tax affects both individual consumers and businesses, so VAT declaration is an important stage that needs to be organized scientifically and reasonably to improve business efficiency of businesses. Recognizing the importance of VAT accounting, after a period of practical research on accounting services at Deloitte Vietnam branch and corporate solutions and the dedicated guidance of the accounting services department at the company, I chose the topic "Accounting services provided at Deloitte Vietnam accounting services and business process solution company limited " as the topic of my internship report and the dedicated guidance of the accounting services department at the company, I chose the topic " Accounting services provided at Deloitte Vietnam accounting services and business process solution company limited " as the topic of my graduation thesis. Research objectives The project is designed to study the following specific objectives: Objective 1: Understand the model of accounting organization at the Company and apply the knowledge taught in the lecture hall into practice. Objective 2: Know the method of providing services as well as documents and the process of document rotation, accounting method and tax declaration of the Company.
Objective 3: Draw general, advantages and existing comments on the situation of providing VAT accounting services of the Company. On that basis, make your own recommendations to contribute to the improvement of the Company's VAT accounting services. Subjects and scope of research Activities related to VAT accounting providing accounting services at the bran ch of Deloitte Vietnam accounting services and business process solution company limited. are the subjects that the topic wants to target.
The source of data and books is taken from customer information that the company is providing services. 2 However, because of the security of customer information, the data and information provided are only illustrative, inevitably reducing the practicality as well as the multidimensional view from many sides. Figures are taken in the fourth quarter of 2022. Research Methodology - Interview method: conduct online interviews with accounting department staff to find out information about the Company, about accounting work and service provision at the company.
- Document research method: through studying Vietnamese accounting standards, current corporate accounting regime, refer to documents provided by the Company to have an in-depth look at the accounting provided. services according to the regulations of the State and at the Company, from which there is a basis for comparing theory and practice. - Observational and descriptive descriptive method: Observe the process of document circulation and describe the input and output VAT planning process in the process of providing VAT accounting services to customers. Theme layout In addition to the introduction, conclusion, table of contents and references, the thesis consists of three chapters: Chapter 1: Overview of Deloitte Vietnam accounting services and business process solution company limited.
Chapter 2: Introduction to the client company using vat accounting services of Deloitte Vietnam accounting services and business process solution company limited. Chapter 3: The VAT Accounting Process is provided at Deloitte Vietnam accounting services and business process solution company limited. Chapter 4: Comments and recommendations 3 CHAPTER 1: OVERVIEW OF DELOITTE VIETNAM BRANCH OF ACCOUNTING SERVICES AND BUSINESS SOLUTIONS COMPANY LIMITED. Introduction of the company - History of formation and development Branch of Deloitte Vietnam Business Solutions and Accounting Services Co.
belongs to Deloitte Global and Deloitte Vietnam. Deloitte's full name is actually Deloitte Touche Tohmatsu Limited. In 1845, William Welch Deloitte established a London office. In 1989, Deloitte, Haskins & Sells merged with Touche Ross to form Deloitte Touche.
Deloitte Vietnam, formerly known as VACO, was established on May 13, 1991. This is also the first independent auditing company present in Vietnam. In 1992, VACO combined with Deloitte Touche to expand its expertise in Vietnam. These two companies then merged to form VACO Deloitte in 1995.
May 2007 was an important event for the Vietnamese economy when VACO was the first company to successfully convert ownership and since then VACO Deloitte officially operates under the name Deloitte Vietnam until now.1: Logo “Deloitte” Deloitte Vietnam Accounting Services and Corporate Solutions Co. branch of Tax and Legal Advisory division. Regulated by Deloitte Vietnam and Deloitte Global. • Company name: Branch of Deloitte Vietnam Accounting Services and Business Solutions Co.
• Address: 18th Floor, Times Square Building, 57-69F Dong Khoi, Ben Nghe Ward, District 1, Ho Chi Minh City • Tax code: 0109518128-001 • Legal representative: Phan Vu Hoang • Website: https://www2.com/vn/en.html - Employees To date, Deloitte Global has 345,374 employees. In which, the Vietnam branch owns more than 1,200 employees working in Hanoi and Ho Chi Minh City offices. - Slogan “To make an impact that matters”. Make the best impact achievable for the community, for employees, and for customers.
4 • Lead the way • Serve with integrity • Take care of each other • Foster inclusion • Collaborate for measurable impact 1. The company's business activities Deloitte brings high-quality service to its customers and provides insights to solve their complex business. - Deloitte member firms offer the following services: Figure 1.2: Services that Deloitte provides to customers - Audit & Assurance - Tax and Legal (Tax and Legal Consultancy) - Financial Advisory - Risk Advisory - Consulting Deloitte Vietnam Business Solutions and Accounting Services Company Limited is a branch of Deloitte's Tax and Legal department. Services provided: - Accounting Services: Monthly Accounting Services; Preparation of financial statements; Chief Accountant Services.
- Store accounting records according to the account chart, including accounting documents and VAS compliance ledger in both English and Vietnamese. - Record all accounting transactions on an accrual basis. - Prepare annual legal financial statements according to VAS. - Registration of employees appointed as Chief Accountant of the Company is undertaken by Deloitte Vietnam.
- Making payment orders from the Company's bank account based on invoices/receipts/requests provided by the Company. • Tax declaration service: License tax; VAT; CIT; Contractor tax. 5 + Coordinate with the Company to collect necessary information. + Submit and track license tax returns to the corresponding tax authority.
+ Prepare monthly/quarterly VAT returns according to current requirements. + Make annual CIT finalization and send it to customers for approval before submitting it to tax authorities. + Assist the Company in preparing FCWT refunds related to contracts for purchases and/or services signed by the Company;. • Salary service: Monthly service; PIT finalization.