Professional Documents
Culture Documents
Assessment of Accounting Information Keeping System of Bank Asia by Simon (BUBT)
Assessment of Accounting Information Keeping System of Bank Asia by Simon (BUBT)
Presentation On
Assessment of accounting information keeping system of Bank Asia .
Presented By
No. Name ID
01.
02.
Simon Haque
Tanzia Afroz
018
050
Bank Asia
Full Name Known as Head Office Dhaka-1000. : Bank Asia Limited. : BAL. :Tea Board Building (1st Floor), 111-113, Motijheel C/A,
Branch Office : Rupnagar Branch, Plot # 34 (1st floor), Road # 16, Rupnagar R/A, Mirpur, Dhaka 1216. SWIFT Code : BALBBDDH. Category : Commercial Type : Private. Origin : local. Establish : 1999
Interviewed Manager
Nesar Ahmed Assistant Vice President & Manager
Que 1 : Does Bank Asia has one/separate accounting system for financial (eternal) reporting and managerial (internal) reporting?
Ans:
In branches, the managers are not too independent that they can take the decisions about the activities. They only can suggest to the main branch through which the board of directors can take the decisions.
So, in our visited branch they only has financial reporting system. By this the branch manager collects the desired information and send it to the main branch for further judgment. Since the branch managers power is limited so he doesnt need to keep seperate managerial reporting system for his assessment. He collects his needed information from the financial report.
Que 2 : What type of accounting information is served for helping the functions of managers in Bank Asia?
Collection of deposit. Daily transactions. Payment of loan premium. Number of collected prize bonds. Number of bill of exchange. L.C. Number of creditors. Opportunity of withdrawals. Loan payment. Rate of interest. Rate of profit. Foreign exchange rate. Investment information. Liquidity. Financial solvency etc.
Prompt decision making. Less costly Less risk. Achieving economy. Warm relationship between banker & client. Plan for better service. Try to increase clients. Try to decrease creditors. Management and monitor loan portfolio. To boost the Banks profit. Creating strategies to grow opportunities. Develop and monitor bank sales strategies. Identify and develop new sources of busines. Train, monitor and guide branch banking staff to function effectively. Monitor, verify, rectify and update all accounting records. Prepare financial statements and operational reports for the head office.
Incharge of Remittance
Incharge of finance
Deputy incharge
Goodbye