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KAZAKH-BRITISH TECHNICAL UNIVERSITY
BUSINESS SCHOOL
MBA PROGRAM
Internship proposal
Financial Accounting Practice in The Flow LLP
«The Flow» LLP
21/08/2017-22/09/2017
Prepared by:
Zhamilya Khalymbetova
MBA in Finance
ID #16MD0188
Almaty
2017
FINANCIAL ACCOUNTING PRACTICE IN THE FLOW LLP
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Executive Summary
Financial Accounting practice in The Flow LLP
This report aims toward providing an overview on account and finance management
department of The Flow LLP. While preparing this report it has been tried to reveal the insights of
the account
management Department & performance analysis of the organization. A few recommendations
and suggestions were also prescribed based on the observation and findings.
Finally I have made a SWOT analysis to figure out some of the finding regarding the
performance of The Flow LLP. Meanwhile I have included my suggestions and recommendations
in order to eradicate the weaknesses of their department. Finally, I have ended my report through
including references and sources that I have used to make this report.
FINANCIAL ACCOUNTING PRACTICE IN THE FLOW LLP
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Аннотация
Вставьте перевод темы отчета сюда на рус. языке
Настоящий отчет направлен на предоставление обзора финансового отдела и
бухгалтерии ТОО Зе Флоу. При подготовке этого отчета было выявлено понимание учетной
записи управления и анализа эффективности организации. Несколько рекомендаций и
предложения были также предписаны на основе наблюдений и выводов.
В организационной части я прилагаю SWOT-анализ, чтобы выяснить некоторые
выводы относительно производительности ТОО Зе Флоу. Между тем я включил свои
предложения и рекомендации, чтобы устранить недостатки этого отдела. В заключении, я
включила ссылки и источники, которые я использовал для составления этого отчета.
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Аңдатпа
Вставьте перевод темы отчета сюда на каз. языке
Баяндама Зе Флоу ЖШС–ның қаржы бөлімі мен бухгалтерлік есеп бөліміне шолу
жасауға бағытталған. Осы есепті дайындау барысында ұйымның басқару есебін түсіну және
ұйымның тиімділігін талдау анықталды. Байқаулар мен қорытындылар негізінде бірнеше
ұсынымдар мен ұсыныстар да жазылды.
Ұйымдастыру бөлімінде мен Зе ФлоуЖШС жұмысының нәтижелері туралы кейбір
тұжырымдарды білу үшін SWOT талдауын жасаймын. Сонымен қатар, осы бөлімнің
кемшіліктерін жою бойынша ұсыныстар мен ұсыныстарды енгіздім. Қорытындылай келе,
осы есепті құрастырған сілтемелер мен дереккөздерді енгіздім.
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Table of Contents
1. INTRODUCTION ………………………………………………………………………………………………………… 7
1.1. Overview of Internship ………………………………………………………………………………………………. 7
1.2. Internship Objectives …………………………………………………………………………………………………. 7
1.3. Job Scope …………………………………………………………………………………………………………………. 7
1.4. Contribution Provided to the Company ………………………………………………………………………… 8
1.5. Benefits to the Student ……………………………………………………………………………………………….. 8
1.6. Student’s Career Interests …………………………………………………………………………………………… 8
1.7. Problems and Difficulties Faced During the Internship Period ………………………………………… 8
1.8. Recommendations and Suggestions ……………………………………………………………………………… 8
1.8.1. Performance during the internship …………………………………………………………………………. 8
1.8.2. Principles, concepts & ideas observed in work environment……………………………………… 8
1.8.3. New concepts learned…………………………………………………………………………………………… 9
1.8.4. Three primary strengths ……………………………………………………………………………………….. 9
1.8.5. Areas to be improved …………………………………………………………………………………………… 9
1.8.6. Differences between studying & practice ……………………………………………………………….. 9
2. ORGANIZATION PART ………………………………………………………………………………………………. 9
2.1. Company Overview …………………………………………………………………………………………………… 9
2.1.1. Management perspectives …………………………………………………………………………………… 11
2.1.2. Marketing perspectives ………………………………………………………………………………………. 12
2.1.3. Finance perspectives ………………………………………………………………………………………….. 13
2.2. Overview of the Department ……………………………………………………………………………………… 13
2.2.1. Role of the department/unit …………………………………………………………………………………. 13
2.2.2. Major functions and activities of the department ……………………………………………………. 13
2.2.3. Operating Policies and Procedures ……………………………………………………………………….. 13
2.3. Conclusion and Recomendations …………………………..…………………………………………………… 14
3. PROJECT PART …………………………………………………………………………………………………………. 14
3.1. Introduction …………………………………………………………………………………………………………….. 14
3.1.1 Background ……………………………………………………………………………………………………….. 14
3.1.2 Objective …………………………………………………………………………………………………………… 15
3.1.3 Methodology ……………………………………………………………………………………………………… 15
3.1.4 Significance of the issue ………………………………………………………………………………………. 15
3.2. Findings and Analysis ………………………………………………………………………………………………. 16
3.2.1 Аutomation of some business processes …………………………………………………………………. 16
3.2.2 Inventory management and cash management ………………………………………………………. 17
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3.3 Summary and Conclusions ……………………………………………………….……………………………….. 20
3.4. Recommendations ……………………………………………………………………………………………………. 21
APPENDICES
LIST OF REFERENCES ………………………………………………………………………………………………. ..22
1 Introduction
1.1 Overview of Internship
Student name: Zhamilya Khalymbetova
ID: 16MD0188
Program and specialization: MBA in Finance
Telephone, email: +7777 742 8100, j.khalymbetova@gmail.com
Internship dates/period: August 21 – September 22, 2017.
Internship company name, department/division, address: “The Flow” LLP, Finance and
Accounting Department, Almaty, Seifullin Avenue, 498.
Internship company supervisor’s name and position, contact numbers, e-mail:
Popova Olga, Head of department;
1.2 Internship Objectives
Enhance and expand knowledge of particular areas of accounting;