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A Summer Internship Project Report

Submitted in the partial fulfilment of the degree of Master of Business Administration


2018-20
On

“A Comprehensive Study on Accounting and finance


technique followed at KESCO LTD”

Axis Business School


Kanpur
-Affiliated to Dr. APJAKTU

Submitted to: Submitted by:


Mrs.Sonal Mehrotra Raghoo Dalela
Assistant Professor 1872270036
MBA Deptt. MBA(ABS)
DECLARATION

I, Raghoo Dalela roll no.1872270036,student of Axis colleges2018-20 batch declare that


every part of the Project Report “Techniques followed in Accounting and Finance” at
“Kanpur Electricity Supply Company LTD” that I have submitted is original.

It contain no material previously published or written by another person, nor has this
material, to a substantial extent been accepted, for the award of any other degree or
diploma of the university or other institute of higher learning. I was in regular contact with
the nominated guide and contacted several times for discussing the project.

Raghoo Dalela
1872270036
ACKNOWLEDGEMENT

This research project report is one of the important parts of MBA program conducted at
Axis colleges, Kanpur. It has helped me to gain a lot of experience and insights benefiting
my career.

I did an internship at Kanpur Electricity Supply Company LTD from 07 June 2019 to 04
July 2019. It is one of the leading company of India. My area of work was to Accounting
and Finance Technique. I am thankful and fortunate for having an opportunity to work in
an active, friendly as well as challenging environment of the company.

I express my gratitude and profound thanks to Mr. Pankaj Saxena and Mr. Ashish Dixit,
project guides in Kanpur Electricity Supply Company LTD who have guided and helped
me in preparation of the project.

I take this opportunity to express my deep sense of indebtedness and gratitude to Dr. Vineet
Kumar Pandey , Head of Department(AIPM) for his encouragement, support and
guidance in carrying out the project.

I am also extremely thankful to my Faculty Guide Mrs. Sonal Mehrotra, Assistant


Professor, MBA Department for her interest, constructive criticism, persistent
encouragement and untiring guidance throughout the development of the project. It has
been my great privilege to work under her inspiring guidance.

Last but not the least; I am grateful to my parents, friends and all those who have directly or
indirectly helped me during my project work.
RAGHOO DALELA
PREFACE

The performance evaluation of an enterprise may be conducted by making a comparative


study of its own records and an attractive approach would here to analyses the firm's
objectives and performance against absolute standard of efficiency. The study was conducted
on the basis of financial data from published records and other books with both primary and
secondary data.

Every organization has adequate working capital for its efficient functioning. The growth
can be ensured by a systematic and continuous analysis of fixed assets, current assets, fixed
and current liabilities, sales liquidity etc. An analysis of financial statements will help to
identify the weak points and convert it to strong points by taking some remedial measures.
The present study is an attempt in this direction.
TABLE OF CONTENTS

Sr. No. Particulars Page No.

1. Introduction 2

2. 5
Company profile

3. Research Objective
16

4. Review of Literature 18

Research Methodology
i. Research Problem 20

ii. Types of research 20


5. 20
iii. Data collection method
iv. Sampling technique 21

v. Sample area 22

vi. Sample size 22


6. Data Analysis & Interpretation 24
7. Findings 29

8. Limitation 31
9. Conclusion 33
10. Recommendations 35
11. Bibliography 37
12. Annexure 38
 Questionnaire 39
TABLE OF FIGURES

Sr. No. FIGURE Page No.


NAME
Fig 1.1 Organization structure of KESCO 6

Fig 1.2 Image showing cash book used in KESCO 9

Fig 1.3 NCR( National Cash Register) 14


TABLE OF DATA INTERPRETATION

Sr. No. TABLE Name Page No.

Table 1. Employee Salary 25

Table 2. Fixed asset of company 26

Table 3. Capital Turnover ( in crore)


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Executive Summary

This is internship report based on the one month period internship program that I has
successfully completed in THE KANPUR ELECTRICITY SUPPLY COMPANY
LTD(KESCO) under accounting and finance from 07.06.2019 to 04.07.2019 as a
requirement of my MBA program on AXIS COLLEGES. Kesco is the company which deal
with the electricity distribution in Kanpur.

The objectives of the report is to identify how theories and concept are discussed in my
educational program can be practiced in the aspect of accounting and finance Procedure at
the KANPUR ELECTRICITY SUPPLY COMPANU LTD(KESCO)in Kanpur.

As usual, primary data and secondary data were used to prepare this report. Primary data
came from my day to day observation. Secondary data was collected by company books
accounts, website, and relevant books. I tried to minimize to bias and produce an unbiased
report.

This report tried to look on how accounting and finance process have done. This report also
shows my observation on accounting and finance process. This report provides some
recommendation which may help to improve their process.

Finally, the report allows focusing on theories and concepts used in THE KANPUR
ELECTRICITY SUPPLY COMPANY LTD (KESCO) to relate with academic purpose.
INTRODUCTION

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1. History of Accounting and Finance

Accounting is a system meant for measuring business activities, processing of information


into reports and making the finding available to decision making. To understand the
functional activities of how the Accounts department is conducted within the organization
which change the work activities and success of the academic work and their achievement
for the organization based on academic related programs.
The main purpose of accounting is to ascertain profit or loss during a specified period, to
show financial condition of the business on a particular date and to have control over the
firm's property.
Such accounting records are required to be maintained to measure the income of the
business and communicate the information so that it may be used by managers, owners and
other interested parties. Accounting is done to keep a systematic record of financial
transactions.

Financial Accounting is the field of accounting concerned with the summary, analysis and
reporting of financial transactions related to a company.
The two types of methods are financial accounting are cash and accrual.

Cash Accounting-

The cash basis of accounting recognizes revenues when cash is received, and expenses
when they are paid. This method does not recognize accounts receivable or accounts
payable.
The cash method is also beneficial in terms of tracking how much cash the business
actually has at any given time; you can look at your bank balance and understand the exact
resources at your disposal.
Accrual basis accounting-
Accrual accounting is a method of accounting where revenues and expenses are recorded
when they are earned, regardless of when the money is actually received or paid.
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Accrual basis accounting without careful monitoring of cash flow can have potentially
devastating consequences.

Advantages and Disadvantages of cash accounting-


The advantages of the cash method include its simplicity since it only accounts for cash
paid or received. Tracking cash flow of a company is also easier with the cash method.

A disadvantage of the cash method is that it might overstate the health of a company that
is cash-rich but has large sums of accounts payables that far exceed the cash on the
books and the company's current revenue stream. An investor might conclude the
company is making a profit when, in reality, the company is losing money.

Advantage and Disadvantages of Accrual Basis Accounting-


The advantage of the accrual method is that it includes accounts receivables and payables
and, as a result, is a more accurate picture of the profitability of a company, particularly in
the long term. The reason for this is that the accrual method records all revenues when
they are earned and all expenses when they are incurred.

The disadvantage of the accrual method is that it doesn't track cash flow and, as a result,
might not account for a company with a major cash shortage in the short term, despite
looking profitable in the long term.

Thus, Financial accounting is a specialized branch of accounting that keeps track of a


company's financial transactions. Using standardized guidelines, the transactions are
recorded, summarized, and presented in a financial report or financial statement such as an
income statement or a balance sheet.

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COMPANY PROFILE

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2. Company Profile

The Kanpur Electricity Supply Company Ltd. (KESCO) formerly known as Kanpur
Electricity Supply Authority) is an electrical power company in Kanpur, India. A
Government of Uttar Pradesh undertaking, part of Uttar Pradesh Power Corporation
Limited, it was formed on 14 January 2000, and supplies power to the entire area under
the Kanpur Municipal Corporation
KESCO is responsible for distribution and bulk supply of power in Kanpur and provides
power to over 427,158 consumers, consisting of approximately 350,000 domestic, 73
thousand commercial, eight thousand others including small, medium, large, and heavy
power connections. Maintaining all the consumers through a network based on 61
electrical substations of 33/6.6 kV level, 333 feeders of 11 kV level and more than 3000
distribution transformers of different levels. Currently. Mrs Saumya Aggarwal is the
Managing Director at KESCo
In pursuance of a reform- restricting exercise, erstwhile UPSEB was unbundled under the
first reform transfer schemes dated 14th Jan 2000, into three separate entitities:-
UTTAR PRADESH POWER CORPORATION LIMITED(UPPCL)- vested with the
function of transmission and distribution within the state.
UTTAR PRADESH POWER RAJYA UTPADAN NIGAM LIMITED(UPRVUNL)-
vested with the function of thermal generation within the state.
UTTAR PRADESH JAL VIDYUT NIGAM LIMITED(UPJVNL)- Vested with the
function of hydro generation within the state.
Need for the further unbundling of UPPCL( responsible for both transmission and
distribution function) along functional lines was again after the enhancement of the
Electricity act 2003,and four other companies (“ discoms”) were created vide Uttar
Pradesh transfer of distribution undertaking schemes 2003.Though another transfer
schemes dated 15th Jan 2000, assets, liabilities and personnel of Kanpur Electricity supply
company( KESCO), a company registered under the companies act,1956.

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2.1 Vision & Mission

a. COST EFFECTIVE
b. GOOD QUALITY
c. 24*7 POWER SUPPLY AND AT COMPETITIVE RATE TO ALL THE CONSUMER
OF STATE OF KESCO.

2.2 Organisation structure of KESCO

Figure 1.1 Organisation structure of KESCO

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2.3 New Service Connection
Procedure
New Service Connection procedure is made easy through Web Self Service. Now consumer
can apply for new service connection online.
New Service Connection Processing Fee Rs 100 and 200 with respect to apply load and
Tatkal charges Rs 800 for Domestic and Rs 1100 for Commercial connection.
To apply for Domestic connection consumer have to select main category as LMV-1 and
Supply type as Domestic Other Metered Urban- Other than Life Line.
To apply for Commercial connection consumer have to select main category as
LMV-2 and Supply type Non-Domestic Other Metered.
The consumer can upload support documents through online or She/he can submit
at concern Sub-Division, Customer must carry the following documents for
registration purposes.

2.4 VISION OF NIVESH MITRA

Welcome to the "NIVESH MITRA", a dedicated Single Window System of Govt. of Uttar
Pradesh.

Vision: To collaborate in the holistic development of industry friendly environment


through progressive regulatory processes, efficient system and effective measurable
timelines.

2.5 MISSION OF NIVESH MITRA

i. To make compliances easy and user friendly.


ii. To enforce regulatory reforms.
iii. To deliver quality services in transparent manner.

iv. End to end digitization of departmental processes.


2.6 Salient Features of

Nivesh Mitra

i. Transparent, unified, one-stop solution for investor on boarding & time delivery of
services.
ii. Online access, document submission & processing of application forms for setting up of
industries/enterprises.
iii. Provision of Common Application Form (CAF) for applying to pre-establishment and
pre-operation clearances/approvals.
iv. Details filled by entrepreneur in CAF being auto populated in clearance specific
application form.
v. Online payment of processing of application fees.
vi. Provision to download final approved digitally signed NOC in PDF format.
vii. The ‘Know your Approvals’ feature to assist investors in understanding the approvals
required.
2.7 Privacy Policy

This policy explains how KESCO treats your personal information, and protects your
privacy, when you use the services.
You agree and understand that you are responsible for maintaining the confidentiality of
passwords associated with any account you use to access the services.
Security and Virus Protection: No data transmission over the Internet can be guaranteed
as totally secure. While we strive to protect such information, we do not warrant and
cannot ensure the security of any information which you transmit to us. Accordingly, such
transmission is at your own risk. We will not be liable for any damages or loss arising out
of or resulting from any unauthorized access to, alternation to or modification of
information contained on this website. We accept no liability for any loss, disruption or
damage to your computer system or your data caused by using this website or arising as a
result of having website.

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2.8 Cash Expenditure

An expenditure represents a payment with either cash or credit to purchase goods or


services. An expenditure is recorded at a single point in time (the time of purchase),
compared to an expense which is allocated or accrued over a period of time. This guide
will review the different types of expenditures used in accounting and finance.

2.9 Cash Book

A cash book is a financial journal that contains all cash receipts and payments, including
bank deposits and withdrawals. Entries in the cash book are then posted into the general
ledger. Larger firms usually divide the cash book into two parts: the cash disbursement
journal that records all cash payments, such as accounts payable and operating expenses,
and the cash receipts journal, which records all cash receipts, such as accounts receivable
and cash sales.
Image Showing Cash Book used in Kesco

Figure 1.2 Image showing cash book used in KESCO

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2.10 Temporary Imprest and Personal Imprest

2.10.1 What is Imprest?


An imprest is a cash account that a business uses to pay for small, routine expenses. A
fixed balance is maintained in the account, and it is replenished routinely to maintain that
balance. Alternatively, an imprest can refer to a monetary advance given to a person for a
specific purpose.

The most well- known type of imprest is a petty cash account. Petty cash is used for
transactions for which it doesn't make sense to go through the hassle of writing a check. It
is typically a set amount of cash held on-site that a business can use to reimburse
employees and pay for small expenses.

2.10.2 Temporary Imprest


Temporary Imprest " an accountable Imprest that substitutes for reimbursement for
expenses or for payment for goods, services or construction already received and invoiced,
i.e., payment arrangements that would ordinarily be used under similar circumstances.

2.10.3 Personal Imprest


Personal Imprest is to be given for the purposes mentioned in held personally responsible
for the deviations.

2.11 GPF( General ProvidentFund)

GPF stands for General Provident Fund. It is a provident fund account available for the
government employees. In this fund, the government employees contribute a certain
percentage of their salary to the account. The accumulated amount is paid to the employee
at the time of superannuation or retirement.

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2.12 CPF( Contributory Provident Fund)

Contributory provident fund is that in which employee and employer make their
contribution for the benefits of his employees. Provident fund is one of secured fund in
which the
contribute a part of their salary and the employer also contributes o behalf of their
employees.

2.13 Voucher
A voucher is an accounting document representing an internal intent to make a payment to
an external entity, such as a vendor or service provider. A voucher is produced usually
after receiving a vendor invoice, after the invoice is successfully matched to a purchase
order. A voucher will contain detailed information regarding the payee, the monetary
amount of the payment, a description of the transaction, and more. In accounts payable
systems, a process called a "payment run" is executed to generate payments corresponding
to the unpaid vouchers. These payments can then be released or held at the discretion of an
accounts payable supervisor or the company controller.

2.14 Maintenance and development Accounts


The accounting for maintenance and development involves those activities that create or
improve products or processes. The core accounting rule in this area is that expenditures be
charged to expense as incurred.
Examples of activities typically considered to fall within the research and
development functional area include the following:
i. Research to discover new knowledge.
ii. Applying new research findings.
iii. Formulating product and process designs.

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iv. Testing products and processes.

Maintenance expenses are the costs incurred to keep an item in good condition or good
working order. Sometimes items that are merely leased and not owned, such as a leased
car, will require the operator to pay maintenance expenses
Ensures that all transactions and accounting records are in accordance with generally
accepted accounting principles and applicable laws, and shall be in sufficient detail to
permit an annual audit

2.15 Development Accounts


The accounting for development involves those activities that create or improve products
or processes. The core accounting rule in this area is that expenditures be charged to
expense as incurred.

2.16 Establishment Department


Establishment Section- is one of the important sections, of administration looking after the
personnel service matters of all officials from their joining to retirement
Establishment Section is responsible for processing of cases relating to: -
1. Salary
2. Allowances
3. Perquisites
4. Medical Reimbursement
5. Travel Allowances
6. LODA( Local Outdoor duty Allowances)
7. Provident Fund

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2.17 Salary Head
A salary is a form of payment from an employer to an employee, which may be specified
in an employment contract. It is contrasted with piece wages, where each job, hour or
other unit is paid separately, rather than on a periodic basis. From the point of view of
running a business, salary can also be viewed as the cost of acquiring and retaining human
resources for running operations, and is then termed personnel expense or salary expense.
In accounting, salaries are recorded on payroll accounts.

2.18 Sectional Journal


2.18.1 Sectional Journal 1 Includes:
 Salary and allowances of an employee who are working in the organization.
2.18.2 Sectional Journal 2 Includes:
 Travel Allowances
 Temporary Imprest
 Medical Reimbursement
 Funds
2.18.3 Sectional Journal 3 Includes:
 Payments done to the parties who are on contractual and supply basis.
2.18.4 Sectional Journal 4 Includes:
 Adjustment bills
 Purpose of this journal is to correct a wrong entry
 No cash involvement in this respective journal

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2.19. NCR(National Cash Register)
National cash Register includes all the payments received from all the four circles.
All payments received in cash and cheque is been maintained in the same register.

Figure 1.3 National Cash Register

2.20.Online Transaction Monitoring


2.20.1 Refund / Charge Back Transaction
In the event of refund of the amount to the consumer for any reason, the amount will be
refunded to the Consumer on the concerned credit / debit card through Internet Payment
Gateway process only and no cash refunds will be made. The Transaction Processing Fee
for Payment Gateway Facility - Credit/Debit/RuPay Card (inclusive of Service Tax) shall be
charged from KESCo Consumers .
KESCO may change the terms and conditions and disclaimer set out above from time to
time. By browsing this web site, you are accepting that you are bound by the current terms
and conditions and disclaimer and so you should check these each time you revisit the web
site.

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RESEARCH OBJECTIVES

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3. RESEARCH OBJECTIVES

i. A detailed study of Accounting and Finance technique at KESCO LTD.


ii. To gain knowledge of creation and maintenances of cash ledgers and other accounting
books.
iii. Study of Physically verification of fixed asset of the company.
iv. Study about the fixed asset of the company.

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Review of Literature

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4. Review of Literature

A huge number of studies is to be done and also study how a financial performance of
accounting and finance have been carried out during the past, in the developed and
developing countries.

Accounting research examines how accounting is used by individuals organization and


government as well as the consequences that these practices have.

Research by practicing accountant “focuses on solving immediate problems for a single


client or small group of clients” and involves a decision making on the implementation of
new accounting or auditing standards, the presentation of unusual Transaction in the
financial statement and the impact of new tax laws on clients.

Accounting and finance is the process of identifying the strength and weakness of the
company with the help of accounting information provided in profit and loss account and
balance sheet. It is the process of evaluation of relationship between component part of
financial statements to obtain a better understand of the company position and
performance.

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.

RESEARCH
METHODOLOGY

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5. RESEARCH METHODOLOGY

5.1 Research Problem


The problem because of which the research was carried on was – to identify the method
of doing work by all the employee in the company by manually way like maintaining all
the cash ledgers A/C, maintaining the cash book manually. But in present scenario, all the
above A/c should be feed in a computer system.

5.2 Research Design


The research process designed was conclusive and statistical in nature. This is because the
sample size taken was small and the technique adopted were for mass data. The data
obtained from each locality was tabulated and the results were obtained in from of
percentage.

5.3 Data collection sources


Primary source:
Observation- Non observation and direct.
Personal Interview.
Observation:
The observation was done by the following method:
Keeping the customer in view.
Interacting with various employees in the company.
Survey:
Various survey should be taken from all the customer so that it help to make the
questionnaire easily.
This method of data collection involves the interviewers asking question in a face to face
contact through direct personal investigation.

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5.4 Research Methodology
Under research methodology, there are three type of method. They are as follow-
The observation method
The experimental method
The survey method
In observation method data are collected on the direct observation by observing the
employee how they maintained all the cash book account easily.
In experimental method, it is based on the concept that all the employee who are working
in a company and who are coming to deposit an electricity bill in all the divisions are at
large scale.
In survey method information is gathered directly from individual view only.

5.5 Tools for Data Collection


Questionnaire is used for the data collection are :-
Meeting with the head of the various department in the company.
After the study, the top level manager of the accounting and finance department were
consulted and the differences among the relationship between employees and customer
who were incorporated in this company.

5.6 Sampling
5.6.1 Sample Population:
There are 200 employees working in the KESCO Company.
5.6.2 Sample Size:
I have taken 20 employees from each department,
There are 2 Department of the KESCO Company which are account and finance. Sample
size is 40( 20*2=40)

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5.6.3 Sample Area:
I am conducting this in the account and finance department.
5.6.4 Sampling Techniques:
The method I am using here is convenient sampling method.

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DATA ANALYSIS
AND
INTERPRETATION

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6. Data Analysis

The data analysis and interpretation contain bar charts, pie charts and other tools for the
purpose of understanding the fact and figure in a specified manners.
The data is magnificently fed into excel tool to extract relevant results.

The researcher present and analyze the data collected through the primary source to enable
him read meaning into the responses to the questionnaire. The collected data presented in
tables, with frequency of each variables calculated the analysis drawn depends largely on
response from the data collected the set of questionnaire.

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6.1 SURVEY
Q1. How to find out the percentage of employee’s salary by the collection of data?

No. Of scale No. Of employees Percentage


15600-39100 10 25%
9300-32800 25 62.5%
5500-9000 15 37.5%
Total 40 100%

30

25

20
15600-39100
15
9300-32800
5500-9000
10

0
1 2 3

TABLE 1 Employee Salary


Interpretation:
With the help of the above chart, it is determine that the employee salary in the scale
9300-32800 are more than other employee salary scale.

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Q2. Explain some fixed asset of company KESCO as an example?

Items No. Of respondent Percentage


Domestic metre 10 25%
Commercial metre 15 37.5%
Industrial metre 15 37.5%
Total 40 100%

16

14

12

10 domestic metre
8 commercial metre

6 industrial metre

0
1 2 3

TABLE 2 Fixed asset of company


Interpretation:
According to the above graph, it is said that 25% of the fixed asset of the company are
Under domestic metre, 37.5% of the fixed asset of a company are under commercial
Metre and 37.5% of the fixed asset of a company are under industrial metre.

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Q3. Explain the capital turnover of KESCO company in 2016-2019?

Year Capital turnover(in Profit


crore)
2016 5 12.5%
2017 10 25%
2018 15 37.5%
2019 10 25%
Total 40 100%

2500

2000
Series1
1500
Series2
1000
Series3
500 Series4 Series4
Series3
0 Series2
year Series1
capital turnover ( in crore)
profit

TABLE 3 Capital turnover (in crore)


Interpretation
According to above graph, it is said that in 2016 the company gain 12.5% profit under 5
crore capital turnover, 2017 the company gain 25% profit under 10 crore capital turnover,
2018 the company gain 37.5% profit under 15 crore capital turnover and in 2019
the company gain 25% profit under 10 crore capital turnover.

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FINDINGS

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7. FINDINDS

i. The finding of the study on accounting and finance strategy prevailing in the company is
very effective. The employees are quite satisfied with the current method of doing work in
the company ie; handwritten work.
ii. As per the studies conducted and the data analysis done I found that the techniques of
doing work in accounting and finance department are at great attention.
iii. Accounting and finance is the process of identifying the financial strengths and
weakness of a company by properly establishing relationship between the items of the
balance sheet and the profit and loss account.
iv. It is found that the capital turnover of 2018 is more than other year of capital turnover
ie; in 2016,2017 and 2019 etc.
v. In accounting and finance technique all the employees coordinate with each department
easily.
vi. Company has attention only on accounting and finance techniques ie; maintaining
proper cash ledgers, maintaining all the cash expenditure related to item they study in
accounting and finance only.

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.

LIMITATIONS

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8. LIMITATIONS

i. Transactions are initially recorded at their cost.


ii. Since the project has to be completed within a short period of time, the information
collected could be biased.
iii. All the work they are doing day to day should be in manually way. But present scenario
all the work should be feed in a computer system only.
iv. The research was limited only within the premises of the company.

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CONCLUSION

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9. CONCLUSION

On the basis of my experience during the 30 days summer training analyzing the data was
collected face to face conservation with the people I conclude this project work with the
word that – I feeds very pleasured to conclude my project report. It was a nice experience
from both the part that is knowledge as well as practical aspects.
The research and practitioner implications of this paper create an immerse opportunity for
employees to become more effective in establishing and developing long term satisfying
relationship with the consumer easily.
The efficiency of asset management influences the cost and availability of credit, which
shapes the capital structure of the accounting and finance techniques followed at KESCO
Company.

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RECOMMENDATIONS

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10. Recommendations

On the basis of above report and some other facts I realized during summer training there
are some recommendation for the company which is beneficial for the growth of company.
This research is an initial step in designing a model to assess and develop accounting and
finance skills. There is a tremendous opportunity to generate new knowledge that would
explore financial work on their communication skill and their own perception of the
intimidating behaviour. So often cited by the consumer in this study.
Problem in this research project was to study the impact or effect of manually work in
accounting and finance procedure. So according to my survey partners are highly aware
about the accounting and finance procedure and most of the partner were interested in
doing online work only.

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BIBLIOGRAPHY

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11. BIBLIOGRAPHY

11.1 WEBSITES:
i. Https://www.google.co.in
ii. Https://www.accountingweb.com
iii. www.kesco.co.in
iv. Https://slideshare.net
v.https://www.seminarsonly.com/Engineering-Projects/Finance/Financial-Accounting-
Projects-Topics.php
vi.https://www.seminarsonly.com/Engineering-Projects/Finance/Analysis-of-Financial-
Statement-by-Using-the-Technique-of-Ratio-Analysis.php
vii.http://uperc.org/app_file/apdrpschemeforkesco-23-02-2005-pdf85201134911pm.pdf
viii.https://www.scribd.com/doc/88351687/Financial-Accounting-Final-Project-Report

11.2 BOOKS:
i. Warren Buffett, Accounting Books, Stig Brodersen and Preston Pysh, 9th Edition, 2014
ii. I.M Pandey , Financial Management, 11th Edition
iii. S.M Shukla , Financial Accounting, Sahitya Bhawan Publications, 12th Edition, 2015

11.3 JOURNALS:
i. Mohammad Rahimi , (2017)- journals of finance and accounting, IISN No: 2330-7331,
Volume 4, No.5, November 2017.
ii. Vivien Beattie (2013)- accounting and finance research, IISN No: 0001-4788, volume 2,
No. 6, April 2013.

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ANNEXURES

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12. QUESTIONNAIRES

Dear sir/ma’am,
I am doing a research work to identify the Accounting and finance technique followed at
KESCO Company ltd. I would request you to kindly spare sometime to fill this
questionnaire.

Q1. DOES YOUR ORGANIZATION HAVE WRITTEN ACCOUNTING POLICIES


AND PROCEDURE?

1.YES ()
2.NO ()

Q2. IF YOUR ORGANIZATION HAS A FINANCIAL AUDIT, WILL NED GRANT


EXPENSES BE INCLUDED AS A SEPARATE LINE ITEM OR INCLUDED AS A
SEPARATE PAGE?

1. YES ( )
2. NO ( )

Q3. DOES YOUR ORGANIZATION ORGANIZE ITS ACCOUNTING


DOCUMENTATION, LIKE INVOICES AND TIMESHEETS, BY QUARTER, BY
DONOR, AND BY BUDGET CATEGORY?
1. YES ( ) 2. NO ( )

Q4. DOES YOUR ORGANIZATION KEEP ACCOUNTING RECORDS INCLUDING


INVOICES, VOUCHERS, RECEIPTS AND TIMESHEETS FOR AT LEAST THREE
YEARS?

1. YES [ ]

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2. NO [ ]

Q5. HOW WAS THE TECHNIQUES OF ACCOUNTING AND FINANCE IN KESCO


COMPANY LTD?

1. GOOD
2. BAD
3. NONE OF THE ABOVE

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THANK YOU

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