nguyên lý kế toán bibica 2015, bao cao tai chinh cua bibica 2015. cong ty co phan banh keo bibica nam 2015, bao cao thu nhap cua bibca nam 2015 va 2014. nguyen ly ke toan ve cong ty co phan banh keo bibica
Table of contents I II III IV Introduction Accounting Financial Statements BALANCE SHEET INCOME STATEMENT STATEMENT OF CASHFLOW Conclusion and recommendation Huynh I Introduction - Biblica established on January 16, 1999, formerly known as Bien Hoa Sugar Company - After 20 years of continuous investment and development, Biblica has become one of the "confectionary" candy challenging to replace in Vietnam, many prestigious organizations appreciate, the Vietnamese on every favorite floor class, trust - In addition to confectionery, Bibica also invests in the production and development of beverage, snack, chocolate, cereal products, nutritious products for children, pregnant women, dieters, people with diabetes - Bibica is now distributed nationwide, from north to south, sold in over 600 stores, supermarkets, 120 official distributors, 100,000 sales points - Bibica is beyond borders, present in 21 countries, including Japan, America, Cuba, etc - Bibica was awarded many noble prizes such as Sao Khue Award, gold medal 'food quality for health,' certification of 'famous brand' for consumers, silver medal National quality, many years elected by consumers as high-quality Vietnamese goods - Bibica has three factories in Binh Duong, Bien Hoa, Hanoi and ten modern confectionary production lines capable of supplying up to 70 tons of confectionery per day - The information security system is continuously invested and upgraded to help optimize the operation of the entire information technology infrastructure, ensuring the safety of equipment, especially when it occurs Out of power failure, fire - Human resources are well invested by Bibica to help the production, management, and distribution of products more efficiently Huynh - Bibica intends to expand its scale in the coming years, invest more modern equipment and production lines to create more quality confectionery products to meet the needs and tastes of consumers domestic and foreign II Accounting Bibica corporation had the following transactions during December, 2015 December Salary for employees in Hanoi 800,000,000VND Sponsorship of Manulife premium for employees of VND 20,000,000 Purchasing debt 120,000,000VND Payment for packages, stamps and glue 150.000.000VND Cash receipts from the sale of 15 Goody batch cake in Hanoi 650,000,000VND 35 Goody batch cake in Da Nang 1,500,000,000VND 40 Warmly batch cake in Ho Chi Minh City 2,300,000,000VND 10 Pay for electricity in Ho Chi Minh City 140.000VND in December 11 Sales branches in Hanoi Branch 550,000,000VND 14 Insurance of machinery in Hanoi 80.000.000VNĐ 16 Purchase of raw materials (flour, sugar, milk, chicken, etc.) in cash 650,000,000VND 18 Buying bakery equipment 670,500,000 VND 20 Other income does not receive 65.000.000 VND 21 Payment of money from other bakery companies is VND 650,000,000 22 Receipt of commissions from shops and shops from product sale ceremony, Tet 200.000.000 VND 24 The additional cost is 40,000,000 VND 27 Payment of taxes paid to the state 40,000,000 VND Huynh business income 10,000,000 VND 28 Loss cash 250,000,000 VND 29 Investment IN King Do Company 800,000,000 VND 30 Loan repayment for short-term Dong A bank VND 250,000,000 VND 31 Publicity and payment of dividends 150,000,000VND Date Description P R Dr Cr Huynh 2015 Dec1 Salary expensive Cash 800,000,000 Employee’s insurance expensive Cash 20,000,000 800,000,000 20,000,000 120,000,000 Supplies Account payable 120,000,000 150,000,000 150,000,000 Packing expensive Cash Cash Revenues 650,000,000 1,500,000,000 2,300,000,000 4,450,000,000 10 11 14 16 18 20 21 22 24 Utility expensive Cash 140,000,000 Cash Sale expensive 550,000,000 Maintenance expensive Cash 80,000,000 Materials Cash 650,000,000 Equipment Cash 670,500,000 Accounts receivable other Revenues 65,000,000 Rmentory Cash 650,000,000 Cash Commission earned 200,000,000 Other expensive Cash 40,000,000 140,000,000 550,000,000 80,000,000 650,000,000 670,500,000 65,000,000 650,000,000 200,000,000 40,000,000 Huynh Cash Account No.111 Date Item Post Ref Debit Credit Balance Debit 2015, Dec Credit Paid insurred expenses for cash J1 800,000,000 800,000,000 Insurance expenses for cash J1 20,000,000 820,000,000 J1 150,000,000 970,000,000 Payment for envelopes Received payment for goods Pay for electricity and water 11 Sales revenue at the branch Cash memory Bouhgt material from cash Bought equipment from cash Return payment Received payment on account Paid incurred expenses for cash Paid tax and other expenses Paid incurred expenses for cash Stock investment Short-term bank debt Paid dividends J1 4,450,000,0 00 J1 J1 3,480,000,000 140,000,000 550,000,00 3,340,000,000 3,890,000,000 J1 80,000,000 3,810,000,000 J1 650,000,000 3,160,000,000 J1 670,500,000 2,489,500,000 J1 650,000,000 1,839,500,000 J1 200,000,00 2039,500,000 J1 40,000,000 1,999,500,000 J1 50,000,000 1,949,500,000 J1 250,000,000 1,699,500,000 J1 800,000,000 899,500,000 J1 250,000,000 649,500,000 J1 150,000,000 499,500,000 Huynh III Financial Statements Financial statements are the most comprehensive reports on the status of assets, equity and liabilities as well as the economic situation and results of business in the period In other words, financial accounting is a means of presenting the profitability and financial status of a company to interested parties (owners, investors, lenders, tax authorities and authorities) According to the regulation, all enterprises in all sectors and economic sectors must prepare and submit annual financial reports For companies and corporations with attached units, apart from the annual financial report, the consolidated or consolidated financial statements must be consolidated at the end of the accounting period based on the economic reports of the attached units For state-owned enterprises and listed companies on the stock market, in addition to the annual financial statements, the mid-year financial report (quarterly report - except the fourth quarter) must be made in full Particularly for State corporations and state enterprises having their attached accounting units, they must also formulate consolidated or consolidated financial statements (the mid-year consolidated financial statements are compulsory from 2008) From 2008, parent companies and corporations must prepare mid-year consolidated financial statements and consolidated financial statements at the end of each fiscal year and consolidated financial statements after the business combination Financial statements are essential for the management of enterprises as well as the agencies and other interested parties That, expressed in the following matters: The financial statements are the most comprehensive reports, reflecting in a general way the status of assets, liabilities, sources of assets, financial position as well as results of business in the period of enterprise The financial report provides critical economic and financial information for evaluating the situation and effects of production and business activities, financial status of the companies in the past operation period, helping to inspect, control Monitoring the use of capital and the ability to mobilize capital for production and business of enterprises The financial report is an essential basis for analyzing, researching and discovering potential and vital grounds for making decisions on the management and operation of Huynh production or business activities Private equity, investors, current and future creditors of the business Financial reports are also important bases for the elaboration of economic and technical and business plans of enterprises as the scientific basis to set up a system of authentic measures to enhance governance Companies are continually improving the efficiency of using capital, raising the efficiency of production and business, increasing profits for enterprises Therefore, the financial statements are of interest to investors Board of Directors, lenders, senior management agencies and all employees of the enterprise Accounting balance sheet This is the statement of financial position showing the assets and liabilities of the company and its capital (net worth) The balance sheet together with the statement of income and the statement of cash flows Cash flow statement, which forms the basis of any significant company reports Reports on business results of the consolidated financial statements, reflecting the overall business situation and results in a business operation period and detailing the primary business activities Statements of cash transaction A cash transaction statement is also known as a cash flow statement Essentially this report tells us the cash inflows and outflows in a period of the unit, which compares how much money spent during the unit period, how much money is generated from activities and funds used This is a report creditor and investors are very interested in because the unit is not Huynh only profitable but also must generate more money Huynh Huynh 10 Huynh 11 Huynh 12 Huynh 13 Huynh 14 Huynh 15 BALANCE SHEET Items (1) Year 2015 (2) Year 2014 (3) +/(4) = (2) – (3) Huynh 16 Assets 1,006,902,351,46 893,127,163,842 113,775,187,623 Liabilities 301,304,231,873 251,949,790,138 49,354,441,735 Owner’s equity 705,598,119,592 641,177,373,704 64,420,745,888 Comment Short-term assets of the company account for 72% of total assets and 28% of longterm assets Thus, the company invests in short-term assets more and it is able to convert into money faster but with lower profitability and longer-term assets are more profitable Capital liabilities in 2015 accounted for 43% of total capital and owners accounted for 57%, so we see the source of financing of the majority of owners should be risky Huynh 17 INCOME STATEMENT Items (1) Year 2015 (2) Year 2014 (3) +/(4) = (2) – (3) Revenues 1,178,139,117,394 1,135,366,420,594 42,772,696,800 Expenses 236,787,465,453 236,997,263,559 -209,798,106 Huynh 18 Net profit 106,382,829,864 92,807,665,614 13,575,164,190 Comment The net revenue in 2015 is equivalent to 3.752% compared to 2014 The revenue growth is relatively fast This proves that the company has been trying its best to expand its economic relations in order to increase its revenue and show the quality of its products and services Establishing credibility in the market and in the heart of customers The profit of the company fluctuates over the years, 2015 profit of the company increased 28,002 million, equivalent to 48,487% Huynh 19 Huynh 20 Huynh 21 STATEMENT OF CASHFLOW Items (1) Net cash flow Year 2015 (2) Year 2014 (3) +/(4) = (2) – (3) from 151,943,002,584 130,284,971,163 21,658,031,420 from (87,386,733,267 (20,698,561,273 (66,688,171,994 ) ) (9,281,433,180) (9,223,505,220) operating acctivities Net cash flow investing acctivities Net cash flow financing acctivities ) from (18,504,938,400 ) Comment In 2015 net cash flow from operating activities is positive and represents a 16.62% increase over 2014 marking a year of effective business of the company Net cash flow from investing activities over years is negative, which means that the implementation of investment has not yielded results The company needs to have policies to use more money, avoid waste and shortages capital, increasing debt collection and attracting more capital from investors, shareholders and credit institutions IV Conclusion and recommendation In conclusion, in 2015, net sales of goods and services of Bibica Joint Stock Company will be VND1,171,783 million, lower than the plan of 6, 26%, and 4% respectively After, tax profit of Bibica Joint Stock Company is 85,815 million VND, higher than the plan of 33,67% and increase 48,49% The number of asset cycles is decreasing year by year, but is always low, which indicates that the assets are moving fast, contributing to higher sales and improved profitability for the company In addition, the cost of assets over net sales has increased over the years demonstrating better asset utilization of the company Moreover, inventory turnover Huynh 22 has increased over the years as well in the conditions that the company is expanding production and meeting the market demand for the market share that Bibica is gaining In my recommendation, in order to grow faster, companies need to strengthen their leadership and management capabilities by focusing on developing a more dynamic, flexible and qualified management team Higher to meet the needs of today's development It is important for the company to adjust and rearrange its indirect machinery, serve the company in a more neat and streamlined way, to deal with the number of qualified employees and seniority but not meet the requirements of health and qualifications The management of the company should resolutely screen people who not have the qualifications, capacity and qualities and also have to pay a fine for the purpose of encouraging timely mobilization of those who have fulfilled their duties Moreover, the company should add a staff of young scientists and technicians and have policies to attract them In addition, the Company should also organize short courses of law and reform of the State, especially the policies on salaries and bonuses to implement the regulation of democracy in management ... 10 Huynh 11 Huynh 12 Huynh 13 Huynh 14 Huynh 15 BALANCE SHEET Items (1) Year 2015 (2) Year 2014 (3) +/(4) = (2) – (3) Huynh 16 Assets 1,006,902,351,46 893,127,163,842 113,775,187,623 Liabilities... majority of owners should be risky Huynh 17 INCOME STATEMENT Items (1) Year 2015 (2) Year 2014 (3) +/(4) = (2) – (3) Revenues 1,178,139,117,394 1,135,366,420,594 42,772,696,800 Expenses 236,787,465,453... Huynh 19 Huynh 20 Huynh 21 STATEMENT OF CASHFLOW Items (1) Net cash flow Year 2015 (2) Year 2014 (3) +/(4) = (2) – (3) from 151,943,002,584 130,284,971,163 21,658,031,420 from (87,386,733,267