...INTERNSHIP REPORT ON ACCOUNTING INFORMATIONSYSTEM OF REAL ESTATE BUSINESS IN BANGLADESH”-AN EMPIRICAL STUDY OF [pic] PREPARED FOR Farzana Afrin Internship Supervisor & Lecturer Dept. of Business Studies Stamford University Bangladesh. PREPARED BY Mahmood Hossain Id: 02707400 Section: 27(Q) Date: LATTER OF TRANSMITTAL April Ms Farzana Afrin Lecturer Stamford University Dhanmondi, Dhaka Dear Madam, I feel myself fortunate enough for having the scope to conclude the study on “The Accounting information System of Real Estate Business in Bangladesh”-An Empirical study of Building For Future Ltd, Which you assigned me to do as a part of the study. Obviously, this type of practical work made me acquainted with “Real Estate Finance” in real life situation. Here, I can’t deny the help that I got from the staff of Building For Future Ltd. who ensured me a full congenial atmosphere to access over a plenty of information with relevant papers and a practical survey. I am thankful to them for showing their highest degree of tolerance in answering my inexorable questions, sometimes repeated. I would enthusiastically provide you related information depending on your queries. The report was prepared under your able leadership and I do respectfully appreciate guidance to me to learn about...
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...Shinepukur CeramiCS limited annual report 2010 Each of our activities must benefit and add value to the common wealth of our MISSION society. We firmly believe that, in the final analysis we are accountable to each of the constituencies with whom we interact; namely: our employees, our customers, our business associates, our fellow citizens and our shareholders. Year of Establishment (registration): 1997 KEY DATA Commercial Production: 1999 Status: Public Limited Company First Export: 1999 Business Lines: Manufacturing, Marketing and Exporting of Bone China and Porcelain tableware. Overseas Offices & Associates: USA and UK. Current Export Markets: USA, Canada, UK, Germany, France, Italy, Sweden, Norway, Poland, Turkey, Japan, Australia, UAE, Brazil, India, Chile, Egypt, Russia etc. Authorized Capital (Taka): 5,000 million Paid-up Capital (Taka): 966.34 million Number of Shareholders: Over 24,000 Stock Exchange Listing: 2008 Number of Employees: 3,000 HigHligHts: 2010 New Customers Villeroy & Boch (GERMANY) CRU International (USA) Bitossi Home (ITALY) Koleksiyon (TURKEY) Zeiny Center (EGYPT) Les Classiques (INDIA) Achievements Upgraded to ISO 9001:2008 Awarded ‘Superbrands’ Financials Net sales increased by 13.62 % to Tk. 1,926.74 million Profit before Tax increased by 22.42 % to Tk. 305.07 million Earnings Per Share (EPS) increased by 47 % to Tk. 2.62 Contents A Glance on : Shinepukur Ceramics Ltd. Corporate Directories Down to the History...
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...Shinepukur Ceramics Limited (SCL) Disclaimer: The contents of this presentation are entirely based on disclosures made by the company. Therefore, DSE does not assume any responsibility on the authenticity of the facts and figures presented thereof. (If there is any contrary information please communicate with DSE through e-mail: listing@dsebd.org) Brief Overview of the Company 1. Date of Incorporation : January 26, 1997 as a private Company , Converted into Public Ltd. Co. on 07.05.08 2. Commencement of Business : Porcelain on 01.04.1999 and Bone China on 01.11.1999 2. Authorised Capital : Tk.5000.00 mn 3. Paid up Capital : Tk. 700.24 mn 4. Nature of Business : Manufacturing and Marketing of high quality porcelain and high value added Bone China Tableware. 5. Offloading of 3,50,11,800 Ordinary shares of Tk. 10 each (Total Tk.350.12 mn Face Value). History of Paid up Capital Year 2003 2004 2005 2006 2007 30.06.08 Issued, Subscribed and Paid-up Capital (million Tk.) 660.60 660.60 660.60 660.60 660.60 700.24 (Capital in Million) Sources of Capital Sponsor Do Do Do Do Bonus Issue Manager: AB Bank (Merchant Banking Wing) Auditor: M. J. Abedin & CO. Shinepukur Ceramics Limited (SCL) At a glance Shinepukur Ceramics Limited (SCL) was incorporated in Bangladesh on 26th January 1997 under the Companies Act 1994 as a private Company. SCL launched its production of Porcelain on 1st April, 1999 and Bone China on 1st November, 1999. It was converted into a public Company...
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...Current Scenario of Shinepukur Ceramics Ltd Shinepukur Ceramics Limited (SCL) was incorporated in Bangladesh on 26 January 1997 under the Companies Act, 1994 as a Private Limited Company and commenced its manufacturing operation in 1999. The company was established with both individual and institutional shareholding but later the company was fully acquired by Bangladesh Export Import Company Limited ( Beximco) in 2005. The Company was converted into a Public Limited Company on 7 May 2008. The Shares of the Company have been listed in the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on 18 November 2008 under the DSE and CSE Direct Listing Regulations 2006. Currently Beximco Group and its Associates owns 76.38% of the shares. Financial Institutions own 8.43% and Other Investors and General Public own remaining 15.19% of the ordinary shares. The company operates in a single industry segment. It is engaged in manufacturing and marketing of high quality Porcelain and high value added Bone China Tableware, which it sells in the local as well as international markets. During the year local sale of the products decreased by 9.57% but export sales for the year grew by 15.27%. The overall sales increased by 10.37%. Currently About 95% of the Raw Materials, in addition to all the machineries, and major Spare Parts, are imported from overseas, mainly Japan, New Zealand, UK, Germany, China, Thailand, India, Korea and Taiwan. FERRO GmbH, GERMANY is one of...
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...Institute of Appropriate Technology Master of Science in Management of Technology Course: AT 6001- Fundamentals of Management of Technology Assignment: 02 Title of the Assignment: “Development plan & strategy to promote ceramic industries sector in Bangladesh” Submitted By SL 1 2 3 4 5 Name MD. Ashrafuzzaman Student ID 0413292082 0413292079 1014292002 1014292002 M. A. F. Al-Mansur Md Firoz Hossain Md Bayzidur Rahman MOHAMMAD SAIDUR REHMAN Submitted To: Professor Dr. Kamal Uddin Director & Head Date of Submission:10 January 8, 2015 Bangladesh University of Engineering & Technology INTRODUCTION “Government of Bangladesh has given top priority to the growth of local industries for achieving economic prosperity and creating of job opportunities. Ship building, ceramic, light engineering and small and medium enterprises are in the priority list of the government. It is possible to buy a square foot of tiles for only Tk. 30 now, which was Tk. 130-140 seven to eight years back. It has become possible, as local manufacturers in a bigger way have come into the scenario. Earlier, a major portion of the local demand for the item was met through imports. In the past fiscal year, 21 local leading ceramic ware factories earned more than $35 million from exports of their products to 50 countries. Of the products, ceramic table wares are exported to about 50 countries including, the US and Canada, tiles to India, Nepal and Bhutan, and sanitary wares to the Middle East, specially to...
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...Introduction to Health & Safety (H & S): Health & Safety in the workplace first became a concern in the early 19th Century when the UK’s Factories Act appointed just four inspectors to regulate safety in more than 3000 child textile factories. Healthy and safe workplaces are fundamental to achieving productive work and high quality working lives. Nowadays many companies are committed to providing a safe workplace for its employees and improving their health through better diets, work practices and lifestyles. A Health and Safety Management system is a complete process of hazard identification, risk assessment and control, employee training, record keeping, program assessment and management involvement throughout, designed to effectively manage and ensure continued employee health and safety in the workplace. Safety and health management system can be important for moral, legal, and financial reasons. All organizations have a duty of care to ensure that employees and any other person who may be affected by the companies undertaking remain safe at all times Relevance of the topic in HRM Occupational Health and Safety has become a highly specialized area with important legal responsibilities and implications. The function is not always part of the human resource management role, but is intricately related to human resource functions, and particularly to the area of risk management. The areas of employee health and wellness and employee assistance programs are newer...
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...------------------------------------------------- Report On Business Strategy Of Shinepukur Ceramics Limited Introduction This Report has been prepared as a requirement for the completion of the BBA program of the Premier University Bangladesh. The primary goal of report is to provide an on the job exposure to the student and an opportunity for translation of theoretical conceptions in real life situation. Students are placed in enterprises, organizations, financial institutions, research institutions as well as development projects. The program covers a period of 12 weeks of organizational attachment. After the completion of four year academic BBA program, I, Ara Hosney student of American International University-Bangladesh was placed in Shinepukur Ceramics Ltd for the Internship Program. The duration of my organizationdal attachment was twelve weeks, starting from 16th May to 12st July,2006. As a requirement for the completion of the program I need to submit a report, which include an overview of the organization. I was placed in the different division of the Accounts Section under the supervision of the Manager of thecompany. With his reference I was helped by the senior officers and all other employees in other divisons. This paper covers details of the project findings along with an overview of Shinepukur Ceramics Ltd with particular reference to its Accounts Management Operations. Origin of the Report This report has been prepared to develop an understanding...
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...Analysis of Ceramic Industry In Bangladesh Abstract This report applies performance evaluation of ceramic industry of Bangladesh and to test its financial soundness. The main aim is achieved through ratio analysis of the four selected ceramic companies in Bangladesh (Fu Wang, Shinepukur, Standard, Monno). Measurement of financial performance by ratio analysis helps identify organizational strengths and weaknesses by detecting financial anomalies and focusing attention on issues of organizational importance. The financial performance of this industry is measured in terms of profitability, solvency, efficiency and liquidity analysis and to test the financial soundness. The study covers the four ceramic companies listed on Dhaka Stock Exchange. The study has been undertaken for the period of five years from 2006-7 to 2010-2011 and the necessary data has been obtained from the audited annual report of the selected companies. The liquidity position was very weak in all the cases of the selected companies and thereby reflecting the difficulties in paying short-term obligation on due date. Financial stability of the selected companies has shown an upward trend. This study will help investors to identify the nature of financial performance of the ceramic industry of Bangladesh and will also help to take investment decision. INTRODUCTION Ceramic industry of Bangladesh is a booming sector and the growth potential of both domestic and foreign market...
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...Current ratio Shinepukur: From 2009 to 2010, current ratio of Shinepukur has increased by 0.24 because of increase in total current assets and decrease in total current liabilities. The increase in total current has occurred for increase in accounts-and-other-receivables, advances-deposits-and-prepayments and cash. Among these elements, the increase in advances-deposits-and-prepayments is significant (from 82182270 to 278773841). On the other hand, the element that has decreased total current liabilities is long-term loan with current maturity (from 386928629 to 243718941). From 2010 to 2011, current ratio of Shinepukur has decreased by 0.14 because of decrease in total current assets and increase in total current liabilities. The decrease in total current assets has incurred for decrease in both advances-deposits-and-prepayments and cash. Among these two elements, the decrease in advances-deposits-and-prepayments is significant (from 278773841 to 112190532). And, total-current-liabilities has increased for the increase in short-term loan from bank and creditors-accruals-and-other-payables among which short-term loan from bank has played key role (from 955808744 to 1147673708). From 2011 to 2012, current liability of Shinepukur has increased by 0.03 because of more increase in total current assets and less increase in total current liabilities. Total-current-assets has increased because of significant increase in accounts-and-other-receivables (from 587933889 to 853413145). And...
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...Date Price(beximco) Rbeximco Price(Pubali) Rpubali Price(Shinepukur) Rsp Rm 19-Aug 170.2 0.0035 479 0.0044 79.7 -0.0199 0.01 20-Aug 168 -0.012925969 480 0.002087683 77.7 -0.025094103 0.0094 23-Aug 164.4 -0.021428571 489.75 0.0203125 79.2 0.019305019 0.0141 25-Aug 163.9 -0.003041363 335.5 -0.314956611 81.4 0.027777778 0.0169 26-Aug 163.1 -0.004881025 339.5 0.011922504 80 -0.017199017 0.0044 27-Aug 162.6 -0.003065604 400.65 0.18011782 78 -0.025 0.0076 30-Aug 160.8 -0.011070111 336.54 -0.160014976 75.53 -0.031666667 0.0128 31-Aug 159.7 -0.006840796 330 -0.019433054 77.2 0.02211042 0.0121 1-Sep 163.2 0.021916093 385.75 0.168939394 79.5 0.029792746 0.003 2-Sep 164.4 0.007352941 384 -0.004536617 80 0.006289308 0.0083 3-Sep 167.4 0.018248175 387 0.0078125 79.9 -0.00125 0.0037 6-Sep 163.8 -0.021505376 388 0.002583979 78.6 -0.016270338 0.0082 7-Sep 161.2 -0.015873016 389.5 0.003865979 77.7 -0.011450382 0.0083 8-Sep 161.6 0.00248139 387.75 -0.00449294 77.8 0.001287001 0.0002 9-Sep 160.9 -0.004331683 385.75 -0.005157963 77.8 0 0.0017 10-Sep 160.3 -0.003729024 381.5 -0.011017498 77.6 -0.002570694 0.0036 13-Sep 160 -0.001871491 384.25 0.007208388 77.3 -0.003865979 0.0036 14-Sep 161.5 0.009375 387.75 0.009108653 77.5 0.002587322 0.0083 15-Sep 160.3 -0.007430341 388.75 0.002578981 77.7 0.002580645 0.0013 16-Sep 159.9 -0.002495321 390 0.003215434 78.3 0.007722008 0.0175 17-Sep 159.9 0 394 0.01025641 79.2 0.011494253 0.0048 27-Sep 159.1 -0...
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...2006). According to Bangladesh Ceramic Ware Manufacturers Association (BCWMA), there are approximately 40 ceramic manufacturers operating in this industry producing tableware, sanitary ware and tiles. A medium scale ceramic plant needs around Taka 10 crore (Taka 100 million) in initial investment and the BCWMA sources say the present investment in the country’s ceramic industry is roughly about Taka 2,000 crore (Taka 20 billion) and this sector employs one lakh (0.1 million) workers. Shinepukur, Monno, Bengal Fine, Standard, Peoples and National Ceramic are considered as major players in ceramic tableware market. RAK, Fu Wang, China-Bangla, FARR, Modhumoti, ATI, Sunflower, Great Wall, Dhaka-Sanghai and Mir are considered as major manufacturers of tiles and sanitary wares. The total capacity of ceramic tableware manufacturing companies is nearly 24,000 tons a year as of 2008, of which an average of 48 percent is exported and the remaining 52 percent is used in the domestic market. Monno and Shinepukur have...
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...PRODUCTION OF CERAMIC PRODUCTS: PROSPECTS & IMPACT ON EXPORT EARNING OF BANGLADESH TITLE OF THE STUDY Bangladesh is an agricultural country with some three-fifths of the population engaged in farming. Jute and tea are two important agricultural products to earn foreign exchange. For higher GDP growth, investments in industrial sector will need to be accelerated. The prevailing political and economic stability has greatly encouraged investment in the industrial sector. The trend of foreign direct investment is very encouraging. The government is committed to market economy and has been pursuing policies for supporting and encouraging investment in industrial sector and eliminating unproductive expenditures in the public sector. Among the industry, ceramic industry is promising and potential for Bangladesh. In Bangladesh there are some international standard ceramic industries; their contribution to earn foreign currency is increasing day by day. The demand of Bangladeshi ceramic product is increasing in the international market. Considering this factor we did a feasibility study on Production of Ceramic: Prospects & Impact on Export earning of Bangladesh. ABSTRACT Ceramic industry took a formal start in this country in 1958. Now, there are about 15 ceramic industries in the country. Ceramic Industry manufactures useful and ornamental articles from clay by shaping and hardening it in high temperature. The industry is basically a development of indigenous pottery works...
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...COMPANY PROFILE Of Beximco Group Introduction: BEXIMCO Group is the largest private sector industrial conglomerate in Bangladesh engaged in diverse business areas. BEXIMCO comprises of five publicly listed companies and sixteen private companies. The Group turnover in 2008 was BDT 18.5 billion. BEXIMCO employs 35,000 people and has 230,000 shareholders. BEXIMCOs shares constitute 4.84% of the market capitalization of DSE History of BEXIMCO: Since independence Bangladesh has come a long way, and the Beximco Group of Companies is honored to have had a role in the development of its parent nation. The Group has worked with a simple philosophy; identify an important need and then do everything possible to successfully satiate that need, in a manner which best facilitates the well being of the nation. As a result Beximco has focused on those industries which give Bangladesh a competitive advantage in the global market place in many cases creating the industries for the first time in the region. Throughout its four and a half decade journey the Group has been one of the leading innovators in the country. Presently Beximco Group comprises twenty one companies of which five are listed with the Dhaka Stock Exchange employing over 35,000 personnel and is the largest private sector industrial conglomerate in the nation. . In the course of its growth, it has created industrial and management capabilities that will serve...
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...Techniques And Performance of Dhaka Bank Ltd.” Principles of Accounting: Term paper on “Accounting Practices in Square Pharmaceuticals Limited”. Human Resources Management: Research on “Occupational Safety and Health: Status in the Tannery Industry” Microeconomics: Term paper on “Structure of rice market in Bangladesh”. Principles of Management: Term paper on ‘The Management of Beximco Pharmaceuticals limited”. Managerial Accounting: Term paper on “Analyzing how to Managerial Accounting Practice of Square Pharmaceuticals limited”. Financial Management:- Term paper on “Working Capital Management of Textile Industries in Bangladesh” Production & Operation Management: Term paper on “Production & Operation Management of Shinepukur Ceramics Ltd.” Strategic Management: Case study on Sun Microsystems and General Dynamics: Compensation and Strategy (A) and also develop a case BCG Matrix. Marketing Research: A research on “The Effect of Corporate image in Formation of Customer Loyalty of the Mobile Phone industry in Bangladesh”. Corporate Finance: A research on “The Effect of Dividend Policy in Pharmaceuticals industries in Bangladesh” Financial Markets & Institutions: A report on “Investment Banking Operations of ICB Capital Management Limited”. PARTICIPANT OF THE WORKSHOP Workshop on “Research Methodology” organized by BUP, Recourse person: Dr. Muhammad Z Mamun, Professor, Institute of Business Administration (IBA), University of Dhaka International...
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... Submitted by Yasir Bin Yousuf Roll :16-36 Department Of Finance Submitted to Hussain Ahmed Enamul Huda Lecturer Department of Finance University of Dhaka Date of submission 1 August, 201 Executive summary The ceramic industry is surprisingly not quite a new one in Bangladesh. It dates back to 1962. People Ceramic Industries Ltd (PCI) pioneered the manufacture of porcelain tableware in Bangladesh (Khandaker and Alamgir 2006). According to Bangladesh Ceramic Ware Manufacturers Association (BCWMA), there are approximately 40 ceramic manufacturers operating in this industry producing tableware, sanitary ware and tiles. The major ceramic companies in the industry are Monno ceramics, R.A.K ceramics, Shinepukur ceramics, Fu-wang ceramics, greatwall ceramics, Peoples and national ceramics etc; there remains other 31 companies. Over the years, the ceramic industry in Bangladesh has flourished immensely and has gained recognition throughout the worldQuality of products has helped Bangladesh to carve a niche in the global market; the manufacturers in this sector are taking risks while diversifying their designs into world-class standards. The close competitors of Bangladesh are China and India, but they mostly produce traditional items. Moreover, due to recent global financial crisis and rising labor cost, the developed countries are placing more orders to low-cost countries like Bangladesh. However Bangladesh has a bright prospect in international...
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