Preview

Company Profile and Financial Statement

Powerful Essays
Open Document
Open Document
1883 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Company Profile and Financial Statement
Prepared for:
Dr. M.H. Mosharaf Hossain
Associate Professor
Department of Finance
University of Dhaka

Prepared by:

GROUP-16

Serial No. | Name | Roll No. | 01. | Nafisa Khanum Tabassum | 15-162 | 02. | Md. Al-amin | 15-164 | 03. | | 15-166 | 04. | Sabrina Hossain | 15-170 | 05. | Sumaiya Hafsa | 15-176 | 06. | Gazi Afsana | 14-252 |

Letter of Transmittal

May 11, 2010
Dr. M.H. Mosharaf Hossain
Professor
Department of Finance
University of Dhaka
Subject: Submission of Term Paper on “Company Profile & Financial Statements” of “Sonar Bangla Insurance Limited”
Dear Sir,
With profound reference towards the dignity of yours, we are very happy that we have been able to submit the report you have assigned to us. The assignment was to prepare a term report on the course named “FINANCIAL ACCOUNTING-02(F-201)” as part of our academic activities. Here is the report on “Company Profile & Financial Statements of Sonar Bangla Insurance Limited“
The topic that you have given us is really an important & interesting fact for us with the textual studies acquiring practical orientation of how a company prepares their financial statement and make a report by using them. WE THANK YOU FOR CHOOSING US FOR WORKING ON THIS TOPIC.

Sincerely yours,

Sumaiya Hafsa (15 – 176)
On behalf of group-17
Department of Finance
University of Dhaka

Acknowledgement

It is our refreshment stand to thank Dr. M.H. Mosharaf Hossain, the adhering Associate Professor of the Department of Finance, in University of Dhaka for rendering us his expertise knowledge and giving us the opportunity of practical exposure through this report. In this regard, we would also like to thank ourselves as our good teamwork and successful team spirit. Without cooperation and the support from each other, it would not be possible to prepare such a resourceful report.

Practical knowledge is deep-seated for the application of conjectural intelligence. Bearing
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    ACC 206 WK 8 Assignment 1 Annual Report Project
    • 453 Words
    • 2 Pages

    ACC 206 WK 8 Assignment 1 Annual Report Project

    the main purpose of the report is to provide the year’s financial data, which comes from the corporation’s…

    • 453 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    Acc 561 Financial Statements Differential
    • 910 Words
    • 4 Pages

    Acc 561 Financial Statements Differential

    Financial statements provide documentation of a company’s financial history for a set timeframe. One of the financial statement used by investors, creditors, and mangers is the balance sheet. The second statement used by accountant’s income statement, which is also important to shareholders. The third statement is the retained earnings statement, and the fourth financial statement is the statement of cash flows. Each financial statement has a different purpose and shows different aspects of the company’s finances. However, these financial statements are integrated and work together to provide shareholders financial information. This paper will defines the four financial statements while explaining the financial statement most suitable for either an investor, creditor, or management.…

    • 910 Words
    • 4 Pages
    Better Essays
    Read More
  • Better Essays

    ESSAY ON THE LEGAL ETHICAL AND TECHNOLOGICAL CONCERNS OF THE ACCOUNTING AND FINANCIAL REPORTING OF BUSINESSES
    • 1574 Words
    • 7 Pages

    ESSAY ON THE LEGAL ETHICAL AND TECHNOLOGICAL CONCERNS OF THE ACCOUNTING AND FINANCIAL REPORTING OF BUSINESSES

    The extent and expanse of the finance and accounting branches have been expanding at a considerable step which has also put load on this ground field. Companies and businesses interface their financial rank by producing few outlines to the exterior world so as to retain the interest of employees, shareholders, investors, customers, etc. This statistics is shared in the outline of financial declarations, annual reports, etc which makes it easier on the decision making procedure as well. Besides, showing misleading and untrustworthy reports to the clientele may dare the likeness of the firm which may tremble the interest of the outer parties inside the company. Few of the businesses which have demonstrated the interpreted financial statistics are WorldCom and Enron have drove to disasters, as a result of which investors, shareholders and others have to cause enormous quantity of losses, when these businesses proclaim bankruptcy, years after a healthy financial reports. The principal point of such type of financial announcement is to make it easier when it comes tho decision making process in the field of investment, credit, etc. The environment in which a business functions has an extreme impact on the accounting of that particular business. Countries possess all different past histories, cultures, values, political and economical structures, and they are also in diverse phases of economic development, these are the elements that highly influence the development as well as the operation of the financial accounting operations of the country. With these dissimilarities the financial accounting qualities that are being embraced by different countries differ significantly. There are so many different legal, ethical and technical matter that influence the financial announce as well as accounting. There have been few legal, ethical and technological responsibilities of this reporting of business, that are as follow:…

    • 1574 Words
    • 7 Pages
    Better Essays
    Read More
  • Good Essays

    Acc 230 Week 1 Checkpoint
    • 415 Words
    • 2 Pages

    Acc 230 Week 1 Checkpoint

    The financial statement can show the records of the financial activities of a business. It was designed for common people to be able to read and understand this information. Three strengths of the financial statement is it that the owners and managers are able to understand the financial position of the company, this also allows individuals the ability to evaluate the historical and prospective financial performance, and this statement gives a vivid picture of the company’s financial health which will be the base of the owners and managers decision making. This type of foresight is important to the affects of a success in continuing of the company’s operation. Employees also can benefit from this information especially those in a labor union or in bargaining with upper management for a promotions based of the proven thriving performance. For the investors, the strengths of the financial statement give them a clear picture on whether or not to invest more or less in the future.…

    • 415 Words
    • 2 Pages
    Good Essays
    Read More
  • Better Essays

    ACC 290: The Purpose Of Financial Statement
    • 1002 Words
    • 5 Pages

    ACC 290: The Purpose Of Financial Statement

    Many businesses continue to rise and fall in a tremendously competitive environment in the United States and across the world. There are several internal factors such as managers or employees and external factors such as competition or government interference that drive the success and profitability of a business or organization. One major component of operating a successful and profitable business is the management of financial statements. Properly maintained and accurate financial statements are a very important aspect of business in today’s globally growing and technologically advanced economic competitive market.…

    • 1002 Words
    • 5 Pages
    Better Essays
    Read More
  • Powerful Essays

    Study Guide
    • 4440 Words
    • 18 Pages

    Study Guide

    Accounting is the language of business. As such, accountants collect and communicate economic information about business enterprises or other entities to a wide variety of persons. To be useful, financial statements must be clearly understandable and comparable so that users may compare the performance of one business with the performance of the same business for a prior period or with the performance of another similar business. Therefore, all general purpose financial statements should be prepared in accordance with the same uniform guidelines. In this chapter, we will examine the history and sources of current financial…

    • 4440 Words
    • 18 Pages
    Powerful Essays
    Read More
  • Best Essays

    Analysis: Overview of Accounting Paper
    • 1271 Words
    • 6 Pages

    Analysis: Overview of Accounting Paper

    The form, the use and the people involve with the financial and accounting information in a company is going to be developed in this report.…

    • 1271 Words
    • 6 Pages
    Best Essays
    Read More
  • Good Essays

    Financial Statements Paper
    • 811 Words
    • 4 Pages

    Financial Statements Paper

    In this paper I will identify the four basic financial statements, discuss how they are interrelated with each other, and why they are useful to managers, investors, creditors, and employees.…

    • 811 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Financial Statements Paper
    • 809 Words
    • 4 Pages

    Financial Statements Paper

    In this paper it will go through: Identify the four basic financial statements, describe the purpose of each of the four financial statements, discuss how the financial statements would be useful to internal users such as managers and employees, and discuss how the financial statements would be useful to external users such as investors and creditors.…

    • 809 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    FIN Assignment
    • 893 Words
    • 4 Pages

    FIN Assignment

    Financial statements are a collection of reports about an organization’s financial result, condition, and cash flow to various user groups. This assignment mainly introduces 5 users of financial statement and the reasons why they are interested in financial statement.…

    • 893 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    research paper
    • 858 Words
    • 4 Pages

    research paper

    The financial statements are used by different categories of people for different purposes. The various users of financial…

    • 858 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Accounting
    • 757 Words
    • 4 Pages

    Accounting

    Financial reports provide useful information to company’s internal users that allows for evaluation and aids management in making decisions that affect the future of the company. This type of information is helpful to users and management at every level of an operation and if used correctly, can increase the organization’s success and profitability.…

    • 757 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Frequency Distribution & Graphic Presentation
    • 1438 Words
    • 6 Pages

    Frequency Distribution & Graphic Presentation

    a) Tally the data into a frequency distribution using $100 as a class interval and $0 as the starting point. b) Draw a cumulative frequency polygon. c) The bank considers any student with an ending balance of $400 or more a "preferred customer." Estimate the percentage of preferred customers. d) The bank is also considering a service charge to the lowest 10% of the ending balances. What would you recommend as the cutoff point between those who have to pay a service charge and those who do not?…

    • 1438 Words
    • 6 Pages
    Better Essays
    Read More
  • Powerful Essays

    Research Proposal on Green Banking in Bangladesh
    • 1241 Words
    • 5 Pages

    Research Proposal on Green Banking in Bangladesh

    Bank is a financial institution whose main function is to mobilize fund from surplus economy to deficit economy. Banks collect deposits at the lowest possible cost and provide loans and advances at higher cost. The difference between two is the profit for the bank. But bank has some duties and responsibilities for the society and the world. Green Banking concept is one of them. Green banking is a component of the global initiative by a group of stakeholders to save environment. It means promoting environmental-friendly practices and reducing carbon footprint from the banking activities. Green banking is like that of normal banking, which considers all the social and environmental factors with an aim to protect the environment and conserve natural resources.…

    • 1241 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Dbbl
    • 9209 Words
    • 37 Pages

    Dbbl

    SQUARE today symbolizes a name - a state of mind. But its journey to the growth and prosperity has been no bed of roses. From the inception in 1958, it has today burgeoned into one of the top line conglomerates in Bangladesh. Square Pharmaceuticals Ltd., the flagship company, is holding the strong leadership position in the pharmaceutical industry of Bangladesh since 1985 and is now on its way to becoming a high performance global player.…

    • 9209 Words
    • 37 Pages
    Powerful Essays
    Read More

Related Topics