INTERNSHIP REPORT THANH SEN CONTRUCTION CONSULTING JOINT STOCK COMPANY

INTERNSHIP REPORT THANH SEN CONTRUCTION CONSULTING JOINT STOCK COMPANY INTERNSHIP REPORT THANH SEN CONTRUCTION CONSULTING JOINT STOCK COMPANY INTERNSHIP REPORT THANH SEN CONTRUCTION CONSULTING JOINT STOCK COMPANY INTERNSHIP REPORT THANH SEN CONTRUCTION CONSULTING JOINT STOCK COMPANY INTERNSHIP REPORT THANH SEN CONTRUCTION CONSULTING JOINT STOCK COMPANY INTERNSHIP REPORT THANH SEN CONTRUCTION CONSULTING JOINT STOCK COMPANY

LICENCE CCA / BACHELOR ACA 2021-2022 INTERNSHIP REPORT NAME OF COMPANY: THANH SEN CONTRUCTION CONSULTING JOINT STOCK COMPANY ADDEBITESS OF ESTABLISHMENT: 25 NGUYEN CONG TRU STREET, HA TINH CITY SUBJECT OF THE INTERNSHIP: CASH ACCOUNTING Author of the report: TRAN MAI SUONG Supervisor of Toulon University :Mrs Brigitte MULLER Supervisor of Academy of Finance : Mr Pham Duc Hieu I Introduction: .1 II The reason for choosing the topic: III STRUCTURE OF THE REPORT .1 Part 1 : Overview of Thanh Sen construction consulting Joint stock company 1.1 The process of formation and development  .2 1.2 Characteristics of production and business activities of Thanh Sen company 1.2.1 Functions and duties of company Thanh Sen : 1.2.2 Business activities : 1.2.3 Business process characteristics of the company Thanh sen .3 1.3 Organizational and managerial characteristics of the unit .4 1.3.1 Business management decentralization features 1.3.2 Duties and functions of departments SWOT in Consulting and Construction Joint Stock Thanh Sen Company 1.1 Strengths 1.2 Weaknesses .7 1.3 Opportunity 1.4 Threats : Part 2 : Cash Accounting at Thanh Sen construction consulting joint stock company 2.1 Organization of accounting work at Thanh Sen Company 10 2.1.1 Organization of Accounting department at Thanh Sen Company : .10 2.1.2 Accounting information system organization 12 2.1.2.1 Applying the Accounting voucher system .12 2.2 Accounting for cash at the company Thanh Sen : .16 2.2.1 Current status of cash Accounting at Thanh Sen Construction and Consulting Company 16 2.2.2 Documents and Accounting books 16 2.2.3 Accounting process for cash at Thanh Sen company .16 Part 3: Overall assessment of accounting, finance and auditing of Thanh Sen construction consulting joint stock company .24 3.1 General assessment of the unit's accounting work .24 3.1.1 Advantages 24 3.1.2 Advantages 25 3.2 General assessment of cash accounting 25 3.2.1 Advantages : 25 3.2.2 Disadvantage .25 3.3 Recommendations 26 Conclusion .28 I Introduction: Thanh Sen Construction And Consulting Joint Stock Company has tax code 3000344824 represented by Mr / B Duong Dinh Dung, granted business registration certificate on October 18, 2004 As a company known for its main business lines of "architectural activities and related technical consulting", the company we always listen and absorb the opinions of customers and partners to develop more The company's working apparatus is professional and efficient Qualified accounting department, scientific working process II The reason for choosing the topic: In the increasingly powerful economy of Vietnam, there are many consulting and construction enterprises participating With the market mechanism under the management of the State, enterprises always face many different competition and risks Cash Accounting plays a very important role in any business Cash Accounting is responsible for managing the receipts and expenditures in the business to be managed in a systematic way A cash accountant is the person responsible for monitoring and managing all fund-related activities of an organization or enterprise in the collection and expenditure, and at the same time must control the stock fund to properly coordinate cash flows when spending pay for internal business or production activities The strength and potential of the business in business activities are assessed based on capital in cash along with payment operations to create persuasion and gain trust from partners or investors resonance for businesses Therefore, cash Accounting is always the top concern for Thanh Sen Construction and Consulting Joint Stock Company and other businesses During my internship at your company, I realized that cash Accounting is very important and needs attention For that reason, I have chosen the topic: "cash Accounting at Thanh Sen Construction and Consulting Joint Stock Company" as the topic for my internship report III STRUCTURE OF THE REPORT Part 1: Overview of Thanh Sen construction consulting Joint Stock Company 1.1 The process of formation and development 1.2 Characteristics of production and business activities of Thanh Sen company 1.3 Organizational and managerial characteristics of the unit Part 2: Cash Accounting at Thanh Sen construction consulting joint stock company 2.1 Organization of Accounting department at Thanh Sen Company 2.2 Accounting for cash at the company Thanh Sen Part 3 : Overall assessment of Accounting, finance and auditing of Thanh Sen construction consulting joint stock company III.1 General assessment of the unit's Accounting work III.2 General assessment of economic analysis III.3 Recommendations Part 1 : Overview of Thanh Sen construction consulting Joint stock company 1.1 The process of formation and development : Company's name: Thanh Sen Construction And Consulting Joint Stock Company Tax code: 3000344824 Operation status: In operation (have been granted the registration certificate) Registrar place: Ha Tinh City Tax Department AdDebitess: 2nd floor, number 02, Vu Quang street, Tran Phu ward, Ha Tinh city, Ha Tinh province Legal representative: Duong Dinh Dung Manager: Duong Dinh Dung License date: October 18, 2004 Operation start date: October 18, 2004 Credit receipt date: October 22, 2010 Financial year: 2004 Thanh Sen Construction and Consulting Joint Stock Company is a joint stock company established in 2004 First registered on September 29, registered for the 10th time on August 18, 2021 With total registered capital 50,000,000,000, par value per share: 10,000 VND/share Mr Duong Dinh Dung is the legal representative and the director of the company There are also two shareholders, Ms Le Thi Xoan and Ms Doan Thi Khai The company has a total of 5,000,000 shares During 17 years of establishment, from a young company, without much professionalism, only dared to accept small and odd scale projects Thanh Sen Company has developed two more branches in Hanoi and Ho Chi Minh City The company has built trust and reputation with partners and customers 1.2 Characteristics of production and business activities of Thanh Sen company 1.2.1 Functions and duties of company Thanh Sen : Thanh Sen Construction and Consulting Joint Stock Company is a company whose main business is "architectural activities and related technical consulting" 1.2.2 Business activities : + Design consultancy, supervision consultancy, formulation of investment projects for civil, industrial, traffic, agricultural and rural development, urban and rural infrastructure engineering; + Consulting on topographic and geological survey; + Consulting on urban and rural construction planning + Construction and installation of civil, industrial, traffic, agricultural and rural development projects, stations and power lines of 35 kV or less; + Building houses to live in; non-residential house; construction road; electricity; water supply and Debitainage; Water; other civil engineering works; telecommunications and communication works; other public works + Project management consulting, bidding consultancy; + Testing soil mechanics, building materials; + Verification of technical designs, construction Debitawing designs, cost estimates, total cost estimates of civil, industrial, traffic, agricultural and rural development works, technical infrastructure works; 1.2.3 Business process characteristics of the company Thanh sen Contractors perform construction contracts when signing with customers after winning or being appointed Construction contractors construct works with specific and detailed specifications and standards specified in the approved technical design documents Value projects can be set up for each company, the volume is fully built Cost calculation period according to the method agreed upon between the contractor and the customer in the construction contract Fixed products are built at the production site Contractors can organize more construction and production departments Contractors perform construction contracts signed with customers after winning or being appointed contractors, in which the two parties determine a unified system of payment value of the works along with terms and conditions to sue other Faker handing over work, work items, etc for the customer, is the process of creating a built product In construction, the special feature of construction works is that technical standards have been specified and detailed in the approved technical design documents The contractor must be responsible before the goods for the technique and quality of the works The contractor must have a technical and quality inspection department to perform the technical and quality management of the works according to the approved design to ensure long-term use of construction products Built products are works, architectures, with large models, collective configuration, long unit nature, construction time, so the works are valuable for each project, company items, the volume of completed construction and construction product deadlines are unknown monthly as industrial production units, and the payment method is agreed between the contractor and the customer ready-made goods Fixed products are built at the place of production and necessary conditions of production such as machinery, equipment, labor must be moved to a public place Other works are affected by the quality of works, weather and climate conditions of each locality The contractor must pay attention to construction techniques, construction progress and management and transfer , construction property use, consulting for construction works In construction companies, in addition to the main construction department that executes contracts signed with customers, other production departments can be organized such as: sub-construction department, auxiliary production for construction servers operations and increase business income 1.3 Organizational and managerial characteristics of the unit 1.3.1 Business management decentralization features Director Admin istrativ e offices Planni ng Depart ment Techni cal Depart ment Acco unting depart ment Design teams Office suppli es and equip ment Desig n survey room Labor atory Construction teams Figure 1.1 Organization chart of Thanh Sen Company 1.3.2 - Duties and functions of departments Director : Being the legal representative of the Company as authorized by the Corporation In charge of general, responsible before the Corporation and the Law for all operating activities of the Company The Director of the Company is directly in charge of the following areas: + Organizational work - Human resources; Emulation Reward and discipline + Finance - Accounting + Business Activities - Administrative offices : The administrative department is an indispensable part of any company The main job of the administrative department is to undertake all the work related to administrative processes and procedures; manage and supervise the work of employees in the company; and provide legal advice to the Board of Directors when needed - Planning Department :  Proposing, developing programs and plans to manage the annual activities of the enterprise  Directing the implementation of operational plans, monitoring and supervising the implementation of signed contracts and acceptance of completed results  Advise and advise on processes and standards and support construction, economic management, reward and discipline  Manage, monitor and check the assets of the business - Technical Department :  Manage technical and technology related issues in projects or production plans of the enterprise  Management, maintenance and repair of machinery and equipment systems of the enterprise - Accounting department :  Accounting for the income and expenditure of the enterprise: capital, revenue, expenses, liabilities, fixed assets (tools, tools, raw materials )  Participate in the management of lending and financial investments To give comments to the Board of Directors on directing, inspecting, managing and supervising the compliance with the internal financial regimes of the company and the State Ensure consumption plans are on schedule and bring high efficiency  Comply with all financial reports and statistical plans as prescribed  Report business results to management - Office supplies and equipment :  Material planning  Preserving the quality of materials  Managing the stock of supplies in the warehouse  Manage the supply and use of materials - Design survey room :  Conduct market survey, prepare work report  Carry out the design from the information obtained to create the best image for the product  Submit Debitafts to the department manager for comments and edit designs as needed  Complete your design and submit it on time - Laboratory : Has the function of performing experiments, providing data and experimental results:  Serving the research, survey, design, construction, quality acceptance of materials and works  Serving for quality inspection of building materials and construction components  Serving for geotechnical testing, pile quality inspection - Construction teams :  Construction and decision making of all works and work items under the contract assigned by the Company; participate in the acceptance test of the implementation;  Manage, maintain and use specialized vehicles, working tools, raw materials for work safely and effectively;  Proposing economic and technical norms, materials and tools related to the Team's  Receive and distribute labor protection and labor tools to workers within the norm; - Design teams :  Make recommendations and suggestions to express design ideas into visual images  Managing and organizing the implementation of design work  Communicate and provide clear and complete design project information tasks; SWOT in Consulting and Construction Joint Stock Thanh Sen Company 1.1 Strengths - Business lines: Design consultancy, supervision consultancy, formulation of investment projects for civil, industrial, traffic, irrigation, urban and rural infrastructure engineering; - Consulting on topographic and geological survey; - Consulting on urban and rural construction planning; - Project management consulting, bidding consultancy; - Testing soil mechanics, building materials; - Quality inspection and certification; - Verification of technical design, construction Debitawing design, cost estimate, total cost estimate of civil, industrial, traffic and irrigation works Technical infrastructure works - Consulting on setting up investment projects, surveying, designing construction, consulting and supervising construction works of lines and substations of 35kv or less - Competitive price: As a unit operating in the construction industry, it has to compete with many companies with stronger potential, but the company always offers a price suitable for all customers Besides, the source of materials, machinery and equipment for the construction industry that the company imports and distributes are all good quality products, imported directly without intermediaries, so the price is always reasonable cheaper than other competitors - Potential market: The area of operation of Thanh Sen Construction Consulting Joint Stock Company is spread all over the country, especially in big cities like Hanoi, Ho Chi Minh These are locations with high speed Because of the strong development, the demand for construction and infrastructure is very large, so the company has a lot of strengths to develop because the market demand for the field of operation of the company is very large - Human Resources: The company's human resources are talented people, the young staff structure makes up the majority of the company, from senior staff to employees are all young people with good professional qualifications Dynamic and creative at work Besides, the company has built a team of skilled engineers, with a high sense of responsibility at work 1.2 Weaknesses Raw materials, equipment serving the construction sector that the company imports and trades are mainly from abroad, so it is limited in the lack of active supply sources to meet the requirements of the market 1.3 Opportunity - Supporting policies: For the construction industry, the State has had many favorable policies for the development of the construction sector, creating great potential for the construction industry in general as well as creating many opportunities for the construction industry Thanh Sen Construction and Consulting Joint Stock Company in particular Policies such as: Decree No 188/2013/ND-CP dated November 20, 2013 of the Government on development and management of social housing; Law on Housing 2014 and Decree No 100/2015/ND-CP dated October 20, 2015 of the Government on development and management of social housing; Circular No 02/2013/TT-BXD dated March 8, 2013 of the Ministry of Construction guiding the adjustment of apartment structure of commercial housing projects, urban area construction investment projects and house conversion from commercial to social housing or service works; Circular No 11/2013/TT-NHNN dated May 15, 2013 and Circular No 32/2014/TT-NHNN dated November 18, 2014 of the State Bank of Vietnam providing for housing loans under Resolution 02/NQ-CP dated January 7, 2013 and Resolution No 61/NQ-CP dated August 21, 2014 of the Government - Increased market demand: With rapid development, the demand for infrastructure and housing construction in urban areas of Vietnam is very large This is a market with huge potential In addition, small and medium-sized cities and towns in the country have a great demand for construction and development, which is a potential market for the company 1.4 Threats : - Competition: The construction field in Vietnam has been very developed in recent years, which is a fertile land for construction businesses, but the more fertile the more, the greater the competition Thanh Sen Construction and Consulting Joint Stock Company is also not outside the competitive spiral of enterprises in the field of construction Besides having to compete with powerful enterprises, operating in the field for many years, such as: Song Da Corporation, Vietnam Construction Import-Export Corporation, Construction Corporation No 1, Corporation building Hanoi - Price competition: When the market demand is large, more and more businesses participate in the field, the price competition is inevitable More and more businesses are willing to lower the bidding price to a low level in order to win construction contracts, dumping prices, making it difficult for the company in the process of participating in the bidding for projects as well as in the supply of goods supply auxiliary materials and equipment - Economic environment: The economic growth rate has decreased, the economic crisis has not been completely resolved, greatly affecting the Vietnamese economy Leading to a decline in domestic construction demand, businesses including Thanh Sen Construction and Consulting Joint Stock Company faced many difficulties - Policies and laws: The economic crisis caused the state to tighten spending, promulgating policies to tighten lending, making it difficult for businesses to borrow capital for their operations Thanh Sen Construction and Consulting Joint Stock Company is facing the challenge of finding capital sources to meet the implementation of ongoing projects - Policies and laws: The economic crisis caused the state to tighten spending, promulgating policies to tighten lending, making it difficult for businesses to borrow capital for their operations COTECCONS Construction Joint Stock Company is facing the challenge of finding capital to meet the implementation of on-going projects - On December 2, 2021, Ms Nguyen Thi Loan withdrew from the bank and returned to the fund with an amount of VND 100,000,000 (PT206 on December 2, 2021) Debt 11112: 100,000,000 VND Credit 1121: 100,000,000 VND - On December 3, 2021, money was collected from the sale of construction machinery and equipment from Construction Company 888 (According to contract No 0000243 dated December 3, 2021), PT1308/034 with the amount of VND 3,547,250 Debt 1111: 3,547,250 VND Credit 131: 3,547,250 VND - On December 5, 2021, payment for purchasing materials for the construction of the Thousand Fresh Canal project of VN1 Industrial Group Joint Stock Company (Under number PC277) first number 19,180,000 VND Debt 331: 13,557,500 VND Credit 1111: 13,557,500 VND - On December 5, 2021, By check distributed from Vietcombank Credit to enter cash fund, PT1308 / 178 amount 200,000,000 VND Debt 1111: 200,000,000 VND Credit 1121: 200,000,000 VND - On December 10, 2021, pay advance payment for business trip expenses to Le Thi Xoan - company sales staff according to the advance request form PC1308 / 126 with the amount of 2,000,000 VND Debit 141: 2,000,000 VND Credit 1111: 2,000,000 VND - On 11/12/2021, the company's sales staff is Le Thi Xoan (advanced on 11/12/2021) working in Dong Nai, number PT1308/325 with the amount of 2,000,000 VND Debt 1111: 2,000,000 VND Credit 141: 2,000,000 VND - On December 16, 2021, Ms Nguyen Thi Loan withdrew from the bank with the amount of 300,000,000 VND to pay the fund (PT206 on December 26, 2021) Debt 11112: 300,000,000 VND Credit 1111: 300,000,000 VND - On December 20, 2021, collection of proceeds from the sale of construction machines from Truong Loc Construction Company (According to Contract No 0000398 dated December 20, 2021), PT1308 / 563 with the amount of VND 19,782,000 Debt 1111: 19,782,000 VND 18