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Basic Elements of Accounting

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Basic Elements of Accounting
1. Functions of departments in Thanh Dung Company * BOD: The main function of the board is to manage the business in the best interest, primarily of the shareholders. In other words it is their duty to add value to the business which, by definition, requires the director to ensure that the Thanh Dung Company continues to improve its profitability and the price or value of its shares. They will set up targets, policies and strategies to create the premise for the operation of Thanh Dung Company.
(Helium website, created on: October 15, 2006, last updated: April 15, 2010) * Factories: the function of factories is manufacturing products. * Super stores: the function of them is exhibiting and sale of products. * HM resource department: recruitment and training employees for Thanh Dung Company. * Sales department:
Its functions are: * Sales department is responsible for the sales and distribution of the products to the different regions. * Customer Care * Ensure sales of Thanh Dung Company * The functions of marketing department: * developing trademark of Thanh Dung Company * Ensures customers know the company and the products of Thanh Dung * Expanding the market for the company * The functions of Design department: * Product Design * Creative and continuously improved quality of products to suit customer needs * The functions of Finance department: * Keeping records of the purchases and sales made by Thanh Dung Company as well as capital spending. * Managers require ongoing financial information to enable BOD of Thanh Dung Company to make better decisions. * Management of wages. * The function of purchasing material department: For manufacturing company, such as Thanh Dung, the department plays a very important role. If the department work effectively, it will help Thanh Dung savings cost in the production process, increase profitability and competitive advantage of the company in the

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