The authentication and audit procedure of alternative cash assistance
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2017.
| المؤلف الرئيسي: | |
|---|---|
| مؤلفون آخرون: | |
| التنسيق: | Internship report |
| اللغة: | English |
| منشور في: |
BRAC University
2018
|
| الموضوعات: | |
| الوصول للمادة أونلاين: | http://hdl.handle.net/10361/8970 |
| id |
10361-8970 |
|---|---|
| record_format |
dspace |
| spelling |
10361-89702019-09-30T03:06:56Z The authentication and audit procedure of alternative cash assistance Ema, Mahjabin Sultana Hossain, Saif BRAC Business School, BRAC University Audit Export Acnabin Chartered Accountants This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2017. Cataloged from PDF version of internship report. Includes bibliographical references (pages 35-36). The report titled- “The authentication and audit procedure of alternative cash assistance”, is the result of internship program of Bachelor of Business Administration program. In the academic life only theoretical knowledge is earned and through internship program the university ensures the practical knowledge. This report contains the information of the audit procedure of alternative cash assistance of Acnabin Chartered Accountants. Export sector of a country has become the most important factor for the development of that country. In the todays‟ globalized world, increase of export has become the major concern for the government of developing countries. Alternative cash incentive is a way through which government is trying to increase the export of Bangladesh. Bangladesh Bank declared cash incentive in 1994 as a rewarding factor upon the export. Cash incentive facility is declared for many sectors and an exporter can avail this facility only if he has not applied for duty drawback or bonded warehouse facility. There are certain other criteria which an exporter needs to fulfill in order to claim for cash incentive. All of these criteria are provided by Bangladesh bank. I have covered all the information regarding this facility, sectors in which it is given and at what percentage, reasons and conditions of this facility, procedures of audit etc. in this report. Cash incentive facility is provided by Bangladesh Bank on behalf of the government. Previously cash incentive was given with the help of commercial bank‟s approval, but due to some fraudulent activities it is now audited with the help of external auditors. The audit firm works as the third party and gives assurance (certificate and calculation as per Bangladesh Bank‟s requirement). The exporter can only get incentive from Bangladesh bank if his documents get certified by the auditors. Bangladesh bank provides incentive through the exporter‟s commercial bank. To get the exporter‟s document audited, Bangladesh bank pays the audit fee to the audit firms. The audit fee is fixed as per file. I have included a part in the report showing whether Bangladesh bank saves or losses money by appointing external auditors for cash incentive audit. Cash incentive was introduced in order to promote the export sector and increase the export quantity. Thus at the end of the report, I have included a part showing whether cash incentive declaration has put any positive effect on the export quantity of Bangladesh. Mahjabin Sultana Ema B. Business Administration 2018-01-08T08:08:07Z 2018-01-08T08:08:07Z 2017 2017-08-30 Internship report ID 13304058 http://hdl.handle.net/10361/8970 en BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 36 pages application/pdf BRAC University |
| institution |
Brac University |
| collection |
Institutional Repository |
| language |
English |
| topic |
Audit Export Acnabin Chartered Accountants |
| spellingShingle |
Audit Export Acnabin Chartered Accountants Ema, Mahjabin Sultana The authentication and audit procedure of alternative cash assistance |
| description |
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2017. |
| author2 |
Hossain, Saif |
| author_facet |
Hossain, Saif Ema, Mahjabin Sultana |
| format |
Internship report |
| author |
Ema, Mahjabin Sultana |
| author_sort |
Ema, Mahjabin Sultana |
| title |
The authentication and audit procedure of alternative cash assistance |
| title_short |
The authentication and audit procedure of alternative cash assistance |
| title_full |
The authentication and audit procedure of alternative cash assistance |
| title_fullStr |
The authentication and audit procedure of alternative cash assistance |
| title_full_unstemmed |
The authentication and audit procedure of alternative cash assistance |
| title_sort |
authentication and audit procedure of alternative cash assistance |
| publisher |
BRAC University |
| publishDate |
2018 |
| url |
http://hdl.handle.net/10361/8970 |
| work_keys_str_mv |
AT emamahjabinsultana theauthenticationandauditprocedureofalternativecashassistance AT emamahjabinsultana authenticationandauditprocedureofalternativecashassistance |
| _version_ |
1814308532850262016 |