THESIS – SALARY AND RELATED SALARY COMPENSATIONS

ACADEMY OF FINANCE
BUSINESS ACCOUNTING




STUDENT: LE CHUNG KHANH LINH
CQ54/21.04

INTERNSHIP REPORT
THESIS – SALARY AND RELATED SALARY
COMPENSATIONS



Faculty : Accounting Faculty
Major : Business Accounting
Major code : 21
Msc : Nguyễn Thị Hồng Vân




Ha Noi - 2020

,Thesis – salary and related salary compensations Academy Of Finance




MY PLEDGE
I assure you that this is my research. The data, the result and the research
results stated in the thesis are honest and come from the real situation fact of
the internship unit and has never been used in any thesis.


Student




Lê Chung Khánh Linh




Student: Le Chung Khanh Linh i CQ54/21.04

,Thesis – salary and related salary compensations Academy Of Finance




TABLE OF CONTENTS
MY PLEDGE.....................................................................................................i

TABLE OF CONTENTS..................................................................................ii

LIST OF ABBREVIATIONS..........................................................................vii

THE LIST OF TABLES.................................................................................viii

THE LIST OF DIAGRAMS............................................................................ix

THE LIST OF PICTURES................................................................................x

INTRODUCTION.............................................................................................1

CHAPTER 1: GENERAL THEOPRY OF ACCOUNTING FOR SALARY
AND SALARY COMPENSATION IN BUSINESS.........................................5
1.1 Overview of salary and salary compensation..............................................................6

1.1.1 Labor concept, salary and salary compensation...................................................6

1.1.2 Labor, salary, salary compensation.......................................................................8

1.2. Forms of salary and salary compensation................................................................11

1.2.1. The form of salary...............................................................................................11

1.2.2. The form of salary compensation.......................................................................15

Benefit allowance monthly unemployment = Average salary of 6 consecutive months
have paid UI before unemployment x 60%......................................................................20

1.3. Accounting of salary and salary compensation........................................................20

1.4 Salary accounting and salary compensation.............................................................25

1.4.1 Vouchers used in accounting for salary and salary compensation.....................25

1.4.2 Accounts used in salary accounting and salary compensation..........................26

1.4.3 Common transactions in salary and salary compensation.................................30

1.5 Accounting book used in salary accounting and salary compensation.....................31

1.6 Information about salary accounting and salary compensation................................37

1.6. 1. In the balance sheet..........................................................................................37




Student: Le Chung Khanh Linh ii CQ54/21.04

, Thesis – salary and related salary compensations Academy Of Finance




1.6.2 In the income statement......................................................................................37

1.6.3 In the cash flow statement...................................................................................37

1.6.4 On the notes to the financial statements.............................................................37

CHAPTER 2: ACCOUNTING FOR SALARY AND SALARY
COMPENSATION AT NHAT MINH BUSINESS MANAGEMENT
CONSULTANT LIMITED COMPANY.........................................................38
2.1 General information about Nhat Minh Business Management Consultant Limited
Liability Company.............................................................................................................38

2.1.1 The information of internship company :.............................................................38

2.1.2 Internship company’s basic features and operating activities:...........................38

2.2 Company structure.....................................................................................................40

2.2.1. Function of each department:.............................................................................41

2.2.2. Organizational characteristics of the accounting apparatus at Nhat Minh
business management consultant co., ltd....................................................................47

2.2.2. Form of accounting applied at the company......................................................50

2.2.3 Organizing the accounting reporting system:......................................................53

2.3 Actual salary accounting and salary compensation at NHAT MINH BUSINESS
MANAGEMENT CONSULTANT CO................................................................................54

2.3.1 Characteristics of salary, salary compensation at NHAT MINH BUSINESS
MANAGEMENT CONSULTANT CO.............................................................................54

2.3.2 Salary accounting at Nhat Minh Business Management Consultant Limited
Liability Company..........................................................................................................58

2.3.3. Calculate salary and payables for employees...................................................61

2.3.4. Accounting of salaries and salary compensations.............................................76

2.4 Review the status of salary accounting and salary compensations at Nhat
Minh Business Management Consultant Limited Liability Company............94

About the management accounting system at Nhat Minh Business
Management Consultant Limited Liability Company.....................................94




Student: Le Chung Khanh Linh iii CQ54/21.04