i UNIVERSITY OF ECONOMICS AND LAWS FACULTY OF ACCOUNTING AND AUDITING GRADUATION THESIS FIXED ASSETS ACCOUNTING OF THE NATIONAL PHYTOPHARMA JOINT-STOCK COMPANY Supervisor: Nguyen Hoang Dieu Hien Student: Nguyen Ngoc Thao Uyen Student’s ID: K174050626 Class: K17405CA TPHCM, 06/2021 i INTERNSHIP DIARY General Information Eull name: NGUYÊN NGỌC THẢO UYEN Class: K17405CA Student’s ID: K174050626 Date of birth: July 15", 1999 Supervisor: NGUYEN HOANG DIEU HIEN Company’s Name: The National Phytopharma Joint-Stock Company Address: Bahamas Tower - Diamond Island, No. 1 Street 104, Binh Trung Tay Ward, District 2 Internship Department: Finance — Accounting Internship Instructor: Truong Tién Phat Nguyễn Thị Thúy An Internship Position: General Accounting Internship Schedule: Dec 7, 2020 to Feb 28", 2021 Student’s No. Week assessment Learning about the Company Get used to the job, th th but still have not Ị Dec7 — Dec 18% | _ Greetings and get acquainted grasped the with everybody in the Finance - company culture iii Accounting department and the and working company. environment - Learning the culture and get acquainted gradually with the working environment of the company through the initial jobs.
Familiarizing yourself with the At first, the work assigned tasks: was still difficult, but under the - Save vouchers, input invoices devoted guidance of Dec 21° — Dec (receipt note, payment) and Internship 319 output (delivery bill, receipts) Instructors, saving - Get familiar with how to use the documents and printer: print, copy, scan using the printer documents to send to customers become easier. - Check the VAT invoice with data on the system is the same or Jan 27" — Jan 29" | not. Well Accomplished -Sort invoices by invoice number -Check the VAT invoice with Feb 1% —Feb 5" | data on the system is the same or | Well Accomplished not -Check the VAT invoice with Feb 15" — Feb data on the system is the same or lọh not Well Accomplished -Sort invoices by invoice number - Check cancellation invoice Feb 227 — Feb Well Accomplished iv 26h -Write The Minutes of Invoice Adjustment (deviation of money, taxes,.) Vụ NHAN XET CUA DON VI THUC TAP Cw Họ và tên SV thực tập: .- TH HH HH HH HH HH KH Hi nh hy MSSV:. Trường Đại học Kinh tế - Luật Đã thực tập tại Phòng: .- LH HT TH TH HH TH HH HH HH hề Từ thời gian: từ ngày .03/2021 Nhận xét chung:.
năm 2021 Xác nhận của đơn vị thực tập vi NHẬN XÉT CỦA ĐƠN VỊ THỰC TAP Họ và tên SV thực tập:. Trường Đại học Kinh tế - Luật Đã thực tập tại Phong: AL Cols wont bec Từ thời gian: từ ngày ./03/2021 Nhận xét chung: "Ìĩ.áa›, Ặ vần q&ú -lố ti./MM Ani cig chy ze AR aeyasaee ope Dlg AG.dvo È lá, (uc khấu cc dasa, Ah: Ap — tela. cB Aba Men clit. ngày CÍ tháng L2 năm 2021 PGĐTÀICHÍNH PHÓ GIÁMĐỐCTCNS Bùi Thị Hoa Lê Hùng Vượng Nguyễn Thanh Long TABLE OF CONTENT TABLE OF CONTENT vii LIST OF FIGURE & TABLE xi LIST OF ABBREVIATIONS xii CHAPTER 1: INTRODUCTION ABOUT THE NATIONAL PHYTOPHARMA JOINT-STOCK COMPANY 3 1.1 Business OV€TVICW.
LH HH HH HH HH HH HH HH KH KH LH KH KH KH kh kh ĐH KH KH ĐH ĐH ĐH 3 1. ccc ác cà cà cà TT H HH HH HH HH HH HH HH 3 1. LH HH Hà Hà Hà HH HH hà hà hà rà ri 3 1.3 Business’ FUn€fIOTIS. -- kh HH HT TH HH TH HH nh 3 1.2 OrBan1zafiOn SÍTUCLT€.
TH HH TH TH HH Hàn HH kh 4 1.1 General Meeting of SharehOÏ€TS.2 Board OŸ ÏDIT€CẨOTS. HH Hà TH TH TH TT HH HH Chế 4 1.3 General DIT©CEOT.: ác Sàn TH TH HH HH HH HH HH HH HH Hà Hà 4 1.4 Deputy General [DIT€COT. LHHH TH HH TH nh 4 IS ca ốc.6 Administration DeparẨI€II. - LH HH HH HH kh 5 1.7 Finance and Accounting Depart€IIL.
cà nh rệt 5 1.8 Import and Export DeparLI€IIL. - ác TH HH TH Tnhh 5 1. --: ác cà cà TT HH TH HH HH HH HH HH HH HH 5 I0. ch HH TH TH TH nh 5 1.
- -- s12 TH HH HT HH kh 7 1. cv SH HT HH HH HH Hinh hy 10 1.-- ác HH nh TH HH TH HH kh hy 10 1. - 1 TH TH HH TH Hà hy 11 IEN. 12 CHAPTER 2: THEORETICAL FRAMEWORK 13 2.1 Definition of Elxed aS efS.
cà HH HH HH HH Hà kh kh kh kh kh 13 2.1 Tangible Fixed assets: According to VAS Ồ. nh HH ghi 13 2.2 Intangible Fixed assefs: According to VAS 4. uc nh HH ghi 13 2.3 Another document affects Fixed assets: Circular 45/2013/TT-BTC .2 Classification of FA oŸ the buSITI©SS. L1 LH HH HH HH HH HH HH, 16 2.1 Classification according to the ÍOTI.2 Classification by OWI€TShID.- cà TH HH HH Ho Hàn 17 2.3 Based on the sources OŸ ÍormafiON.
ác hà HH TH TH HH HH HH HH HH HH, 17 2.4 Classification by eCOROmIC LISS. TH TH HH Thư rhn 17 2.5 Classification according to usage SI{UAfÏOII. Sàn HH ghi 18 2.6 Classification according to the DUTDOS€ OŸ US©. Sàn nh rên 18 CHAPTER 3: ACCOUNTING FOR ARISING ECONOMIC TRANSACTIONS RELATED TO FIXED ASSETS 20 3.1 Increase in Fixed assets transactions 8CCOUTTIHE .1 Tangible Fixed aSS€{S COSÍS.
HH nh HH TH HH HH HH kh 20 3.2 Booking Entries PfOC€dLIT€S. nh TH HH TH HH HH kh 20 3. HS HH HH HT HH HH 21 3.4 Accounting of Fixed asS€fS fTañSACOIN. SH HH nến 21 Enh"inllÚaaaaaaaỒẶỒẶỒẮẶẮỀẮỀỀỶỀỶỀỶỀỶỶỀỶỶŨ.2 Depreciation Of Elxed aS ©fS.
LH HH HH TH HH HH nhà 23 3. - kh Hà Hà HH HH Hà kh kh kh CC hà hà hà ri 23 3. cv HH HH HH Hàn 24 3. LH HH HH HH HH TH HH HT HH HH 27 3.
Là HH HH HH HH HH HH kh kh Hà như 28 3.3 Accounting for reduced Fixed a$SGfS. ch TH HH TH HH kế 28 3.1 The Companyˆs poliey Tangible FIxed assets liquidation .2 Carrying amount oŸ Flxed aSS©fS. à Sàn HH HH HH HH Hi 29 3. LH HH HH HH HT HH HH 29 3.4 IIlustrate related dOCUIm€NI.- án SH TH HH HH HH HH HH 30 3.4 Elxed asseft repalr and upøTad€ aCCOUnIHE.- ch HH kiến 31 3.1 Repaired Flxed aS €ES.
LH HH TH HH HH HH HH kh 31 3.2 Accounting for regular repair and amOorfiZ8fION.3 Fixed asset overhaul accounfant 1s not upgraded In nafUfe.4 Accounting for major repairs of fixed assets in upgrading. eee 35 CHAPTER 4: CONCLUSION AND RECOMMENDA TION. Sà Sà Sàn kh HH HH HH HH HH HH kh KH KH KH KH kh KH ĐH ĐH ĐH 36 4.2 Advantages in Fixed asS€{ aCCOUTiITNE. ác LH HH TH Hàng 36 4.3 Disadvantages in Fixed aSS€{ aCCOUnTE.
HH HH HH Hết 37 4.- ó- cà Sàn kì Hà KH HH HH KH KH KH 37 APPENDICES xiii Appendix 1: Tables and FIBLI€S. Gv nh TH TH HH TH HH rệt xII Appendix 2 - PHIẾU ĐÁNH GIÁ KHÓA LUẬN TÓT NGHIỆP CỦA GVHD - Đề Tài: KẺ TOÁN QUẢN TRỊ.- Lọ tt E11 Tà E11 TT TH HH HH Hy xxx x Appendix 3 - PHIẾU ĐÁNH GIÁ KHÓA LUẬN TÓT NGHIỆP CỦA GVPB - Dé Tài: KẺ TOÁN QUẢN TRỊ.c c Sìn tEEx SE TT KH TT HH HH ty XXXVi Appendix 4 - PHIẾU ĐÁNH GIÁ KHÓA LUẬN TÓT NGHIỆP CỦA HỘI ĐÔNG - Đề Tài: KẾ TOÁN QUẢN TRỊ,. :- 56 S2S1SE SE E E11 EEEEE1 1101211111. XXXiX REFERENCES xiii xi LIST OF FIGURE & TABLE Figure | Phytopharma’s organization structure Figure 2 Phytopharma’s accounting structure Figure 3 Phytopharma’s accounting documents Figure 4/1 The order 0082003460 Figure 4/2 The order 0082003460 Figure 4/3 The order 0082003460 Figure 5 VAT invoice 0045522-PT/18P Figure 6/1 Contract 08912/18P Figure 6/2 Contract 08912/18P Figure 6/3 Contract 08912/18P Figure 6/4 Contract 08912/18P Figure 7/1 Delivery record Figure 7/2 Delivery record Figure 7/3 Delivery record Figure 8/1 Application for liquidation of fixed assets Figure 8/2 Application for liquidation of fixed assets Figure 9 Fixed assets Disposal Form Table 1 General Journal Table 2 General Ledger of TFA - Transportation Table 3 General Journal of TFA Table 4 General Journal of the last quarter 2018 Table 5 General Ledger of Other TFA Table 6 General Journal of the third quarter of 2018 Table 7 General Ledger of Other TFA xii LIST OF ABBREVIATIONS Abbreviation Explanation JSC Joint - Stock Company VAS Vietnamese Accounting Standard IFRS International Financial Report Standard VND Viet Nam Dong FA Fixed assets TFA Tangible Fixed assets RL Remaining life SYD Sum of the years VAT Value Added Tax INTRODUCTION 1.
Introduction Vietnam joined the World Trade Organization — WTO, so there are many opportunities for investment and business expansion of domestic enterprises is increasingly high. Besides, in the process of integration and development, we also have to deal with many challenges. To effectively operate with the right strategy, Vietnamese businesses must pay attention to accounting work. For stable and growing business, the enterprises always attend and improve the accounting apparatus to suit the development trend economy.
Because accounting information is essential for managers to make strategies and business plan decisions. During the operation process, the Companies are proactive about technological innovation, especially using and managing Fixed Assets. This is a big problem that needs to be solved when scientific technology continuously develops, if Fixed Assets are not exploited and effectively used, it will become out of date and not as useful as desire. Fixed Assets is one of the most important factors in production and trade process of organizations and individuals.
Activities related to Fixed Assets are well managed, which helps businesses to catch the state of Fixed Assets to have timely decisions, as well as support business result, reduce expenses and increase ability competition. Having an internship at The National Phytopharma Joint-Stock Company, I found this to be a good opportunity to learn and improve practical knowledge about the process of fixed assets accounting of a particular enterprise. Therefore, I decided to choose the topic “Fixed Assets accounting of The National Phytopharma Joint-Stock Company" to be the subject of my Graduation Thesis clarifying that importance as well as learn more about the rich practical expertise that the topic brings. Objective of Thesis - Illustrate the accounting process for tangible fixed assets at the company - Analyzing and evaluating how tangible fixed assets are managed - Comment, evaluate and give recommendations for the company's tangible fixed asset accounting process.
Subject of Thesis Describing the corporate structure and fixed assets accounting system at The National Phytopharma Joint-Stock Company. In this Thesis, the writer only focuses on analyzing tangible fixed assets increased due to procurement, exchange and due to investment in capital construction, increased by self-manufacturing, increased by exchange with real can be different. Scope of Thesis The Thesis was carried out in 2021 and the data is taken from The National Phytopharma Joint-Stock Company in 2018 and 2019. The Thesis was prepared from March 1, 2021 to May 5, 2021.
Content of the Thesis Besides the Introduction and Conclusion, my Graduation Thesis includes 4 chapters with the main content as below: Chapter 1: Introduction about The National Phytopharma Joint-Stock Company Chapter 2: Theoretical Framework Chapter 3: Accounting for arising economic transactions related to Fixed assets Chapter 4: Conclusion and recommendation CHAPTER 1: INTRODUCTION ABOUT THE NATIONAL PHYTOPHARMA JOINT-STOCK COMPANY 1.1 General information - Company full name: The National Phytopharma Joint-Stock Company - Short name: Phytopharma - Location: No. 24, Nguyen Thi Nghia Street, Ben Thanh Ward, District 1, Ho Chi Minh City - Phone: 848323058 - Fax: 84-8323.012 - Email: phytopharma@hcm.vn - Website: http://phytopharma.