Current Developments and Trends in Social

An Internship score on The interchange Management Process of ACI LIMITED Submitted By MD. NOOR-UDDIN ID NO-08091201027 MBA Intake 14th Bangladesh University of Business & applied science (BUBT). Submitted to prof. M. hakim program director, ( mba ) Bangladesh University of Business & engineering (BUBT). Acknowledgement At first, offer my genuine gratitude and thanks to my detainal supervisor of internship program, Prof. M. A Hakim, Program Director, (MBA) for giving me the necessary instructions, suggestions and guidelines for preparing this penning.Next, I would resembling to convey my heartiest gratitude and greetings to my host boldness supervisor Syed Hasrat Zafar, Sr. Executive in Finance department who declare oneselfd me the guidance and instigate whenever necessary. During my internship and preparing this internship report I received a very much friendly and wholehearted cooperation attitude from exclusively the staffs and members of ACI Limited. I wo uld like to thank them for their cooperation that helped me to complete internship and cause the report. political party Background ACI was established as the ancillary of Imperial Chemical Industries (ICI) in the then(prenominal) East Pakistan in 1968.After independence the telephoner has been incorporated in Bangladesh on the twenty-fourth of January 1973 as ICI Bangladesh Manufacturers Limited and excessively as Public Limited Company. This Company also obtained listing with Dhaka fall central on 28 December, 1976 and its first transaction of shares took place on 9 March, 1994. later on 5 May, 1992, ICI plc divested 70% of its shareholding to local management. Subsequently the company was registered in the account of Advanced Chemical Industries Limited. Listing with Chittagong Stock Exchange was made on 22 October 1995.Advanced Chemical Industries (ACI) Limited is one of the lead conglomerates in Bangladesh, with a multinational heritage. ACI SRAMIK KARMACHARI meat e stablished on October, 1972. This union base on ACI Pharma Production. At show at that place worked 154 workers in factory and in head office & distribution there work 11 people. They treated as non-management staff. They have different salary structures, depart from & benefit packages and other packages like provident fund, gratuity, ex-gratia and leave encasement Mission ACIs mission is to enrich the prime(prenominal) of feeling of people by dint of responsible exertion of knowledge, skills and technology. ACI is committed to the pursuit of excellence through world-class products, innovative processes and empowered employees to provide the lastest level of satisfaction to its customers. Vision To visualise the mission ACI will Endeavor to nominate a position of leadership in each category of its businesses. Attain a high level of productivity in all its operations through potent and efficient use of resources, adoption of portion technology and alignment with our core competencies. set up its employees by encouraging empowerment and honor innovation. Promote an environment for learning and in the flesh(predicate) growth of its employees. Provide products and services of high and consistent quality, ensuring value for money to its customers. countenance and assist in the qualitative profit of the services of its suppliers and distributors. Establish harmonious descent with the community and promote greater environmental responsibility within its sphere of influence. value Quality no compromise with the quality would be made. Customer Focus customer satisfaction and requirements would be given the highest priority. right equal preference for all the prise clients. Transparency no hidden agenda. incessant Improvement would always seek improvement. revolution try to provide customers with innovative products and ideas. Objectives of the cross The purpose of the study is to find go forth the effectiveness of Non Managem ent agreement amid ACI Limited & Trade Union by using different financial digest techniques. Methodology Adopted to complete the Internship Report Research Methodology In this study, explorative investigate was undertaken to gain insights company procedures and practices. thus the gathered data was analyzed and compared with the authorized practices according to the standard accounting principles.Both the special as well as the inessential form of information was used to prepare the report. The details of these sources are highlighted below elemental Sources Oral interview with various officers of the company. report records- vouchers, journal, ledgers etc both in electronic and write up Company manuals Secondary Sources Various accounting related books and periodicals. Bangladesh Accounting Standard guide. meshingsite information. Limitations to wee the Report Time frame for the research is limited.The adoption to the organization takes a stack of time. Detaile d research was not possible due to constraints and restrictions posed by the organization. The report was written from an individuals perception. So, all the findings might not be objective. acquire relevant papers and documents have been highly difficult. To protect the organisational confidentiality, some part of the report will be edited. roughly examples have been provided with imaginary figures to keep with the organizational rules. The management seems to get woks out of the intern rather than helping in the donnish pursuit. 3. Scope of the Project 19 4. publication analysis and discussion 19 4. 1 Cash management 19 4. 2 Bank Reconciliation 22 4. 3 Working Capital 26 4. 4 Petty Cash 28 4. 5 Overdraft 33 4. 6 Journal 35 4. Risk Management 37 5. Findings & depth psychology 44 6.Recommendation 48 7. Conclusion 50 Bibliography * Accounting records- vouchers, journal, ledgers etc both in electronic and paper. * Company manuals. * Web Site of ACI L imited, * Web pages of www. aci-bd. com.. * http//info. aci-bd. com/knowledgeshare. php