Management accounting of revenue, costs and business results at Viet Anh Production and Trading Limited Company

LIST OF TABLES AND CHARTS

Diagram 1.1

Period cost diagram	21
Diagram 1.2	Variable cost diagram	22
Diagram 1.3	Illustrative diagram of fixed cost	23
Diagram 1.4	Diagram illustrating mixed costs	23
Diagram 1.5	Flowchart of historical information collection	29
Diagram 1.6	Future Information Collection Flow Chart	31
Diagram 2.1	Ceramic tile production line diagram	39
Diagram 2.2	Organizational model of Viet Production and Trading Company Limited Older brother	43
Diagram 2.3	Accounting organization chart at production and trading company limited Vietnamese-English trade	44
Diagram 2.4	Company budget diagram	51
Diagram 2.5	Order of creating and circulating documents in the month	55
Diagram 3.1	Organizational structure of international economics in enterprises	71
Table 2.1	Estimated consumption and production plan	59
Table 2.2	Material planning estimate	60
Table 2.3	NCTT cost estimate	60
Table 3.1	Income Statement	76
Table 3.2	CPBH implementation report	77
Table 3.2	Report on implementation of CPQLDN	77
Table 3.4	Business performance report based on cost behavior	77
Table 3.5	Cost Analysis Report	78
Table 3.6	Business performance analysis report	78
Table 3.7	CVP Analysis Report	78

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INTRODUCTION

1. Urgency and significance of the research topic.

After the decision to reform and open up in 1986, Vietnam from a backward and underdeveloped economy has transformed itself comprehensively in all fields. With this revolution, Vietnam has transformed from a centrally planned economy to a socialist-oriented market economy.

Management accounting in Vietnam is still quite new, enterprises only have a complete financial accounting system, while the management accounting system serving management and decision making is almost non-existent. At the same time, the application of management accounting in enterprises in management activities has not received due attention. Moreover, in terms of law, our State has only issued legal documents and guidelines on the financial system that are mandatory for enterprises, while management accounting has only been mentioned and applied non-mandatory for enterprises in recent times. For enterprises, performing well in production cost management is the basis for monitoring activities, thereby overcoming shortcomings and promoting potentials to ensure that enterprises always exist and can stand firm in the current competitive and risky market mechanism. To do this job well, businesses need to organize production cost management well in a timely, accurate manner, with the right subjects, the right regime and the right method.

Accounting has the function of reflecting the economic and financial activities of a business in a timely and complete manner. Management accounting is a part of accounting, an important tool to help businesses manage and implement their business policies in a fiercely competitive global environment.

Management accounting collects, processes, analyzes and provides economic and financial information according to management requirements and economic and financial decisions within the accounting unit to serve the implementation, inspection and decision-making. In Vietnam, the application deployment in enterprises has not received due attention. Therefore, the implementation of revenue - cost - business results management accounting is a very important issue, it contributes to the sustainable development of enterprises.

Along with the development trend of the times, Vietnam's economy in recent years has been constantly and gradually integrating into the regional and world economy.

world. Any business wants to have a solid position in the market and constantly develop. Therefore, organizing management accounting to serve the need to grasp, collect and process information to evaluate the results of production and business activities is an inevitable requirement, helping businesses see the scale, business methods as well as the ability to develop or decline of the business, making correct and timely decisions in the future.

Therefore, it can be said that the more the economy develops and the law of convergence is inevitable, the more indispensable the information of management accounting is and is a prerequisite for the existence and growth of enterprises. Therefore, on June 12, 2006, the Ministry of Finance issued Circular No. 53/2006/TT-BTC guiding the application of management accounting in enterprises, initially creating an orientation for management accounting to develop and promote its effectiveness.

During the working process at Viet Anh Production and Trading Company Limited, the author realized that the management accounting of revenue, costs and business results at the company still has many limitations in collecting, analyzing data and making production and business decisions. In order to contribute to helping Viet Anh Production and Trading Company Limited use this management tool more effectively for sustainable development in the market economy. Therefore, the author chose the topic of the master's thesis: "Management accounting of revenue, costs and business results at Viet Anh Production and Trading Company Limited."

2. Overview of research situation in Vietnam on management accounting of revenue, costs and business results and related studies.

Management accounting for revenue, costs and business results is an issue that is always of interest to the state and business administrators. In recent years, there have been research projects on management accounting for revenue, costs and business results from different perspectives and scopes. One of the outstanding research projects related to management accounting for revenue, costs and determining business results is:

Master's thesis in economics "Management accounting for revenue, costs and business results at the General Corporation for Construction of Traffic Works 8" by author Le Thi Thu Huyen (2011), University of Commerce. The thesis has raised the current situation and solutions to overcome the existing problems in the organization of management accounting for revenue, costs and business results in the construction sector of enterprises under the General Corporation for Construction of Traffic Works 8. However, the thesis

has not yet studied management accounting in other fields, including manufacturing business.

Master's thesis in economics: "Management accounting of revenue, costs and business results at Thai Nguyen Iron and Steel Joint Stock Company" by author Nguyen Thi Nhu Quynh (2017), University of Commerce. The thesis has presented a number of theories in the management accounting of revenue, costs and business results at manufacturing enterprises, especially the steel industry. From there, it proposes a number of solutions to improve the management accounting system of revenue, costs and determine business results at steel enterprises in Vietnam. In the current situation, the thesis also fully reflects the contents of accounting for revenue, costs and business results at the unit. Thereby, the author has proposed ideas to improve the management accounting of revenue, costs and business results at Thai Nguyen Iron and Steel Joint Stock Company.

Master's thesis in economics by Khuat Thu Huong, University of Labor - Social Affairs in 2017 on "Accounting for revenue, expenses and determining business results at Ha Phat Trading Limited Company". The thesis presents research in the field of commercial business providing construction materials, the author has pointed out the current situation and solutions for accounting for revenue, expenses and determining business results at Ha Phat Trading Limited Company from both the perspective of Financial Accounting and Management Accounting. However, with this thesis, the author goes into generalization of the field of commercial business providing construction materials from both the perspective of financial accounting and management accounting without going into detail about management accounting for revenue, expenses and business results at a manufacturing enterprise.

Thesis "Accounting for management of revenue, costs and business results at Urban Development Investment and Trade Joint Stock Company" by author Trinh Thi Thu Huong (2017), University of Commerce, the author has clarified issues such as systematizing basic theoretical issues on management accounting, organizing management accounting and in detail, organizing management accounting of revenue, costs and business results of commercial enterprises. Analyze the current situation of organizing management of revenue, costs and results in commercial enterprises. Evaluate and comment on the advantages and limitations as well as point out the basic causes of the problems in the organization of management accounting of revenue, costs and business results in commercial enterprises. Determine the necessity, requirements, basic principles and content of perfecting the organization of management accounting of revenue, costs and business results in commercial enterprises. At the same time,

The topic also provides basic conditions that state management agencies and enterprises themselves can meet in perfecting management accounting of revenue, costs and business results at commercial enterprises in Vietnam.

Master's thesis in economics by author Tran Thanh Tu, University of Commerce in 2016 on "Accounting for management of revenue, costs and business results at Hanoi Agricultural Investment and Development Company Limited". The thesis has clarified the general theoretical basis of accounting for management of revenue, costs and business results in manufacturing enterprises. In addition, the thesis also presents the current situation and solutions to improve accounting for revenue, costs and business results from the perspective of management accounting in a detailed and clear manner, presenting the basic contents of management accounting at the company.

Overall, the research works have mentioned the issues of management accounting in the following aspects: Organization of management accounting for revenue, costs, business results and accounting for revenue, costs, business results. Specifically, in those studies, management accounting for revenue, costs and business results is only a small part of the research, not going into detailed research. Besides, there are some studies that mention one of the aspects of either revenue or costs, but no research work has mentioned management accounting for revenue, costs and business results in a specific ceramic tile manufacturing enterprise.

Therefore, I have chosen the topic of in-depth research on "Management accounting for revenue, costs and business results at Viet Anh Production and Trading Limited Company."

3. Research objectives

General Objective:

The study proposes solutions to improve management accounting of revenue, costs and business results at Viet Anh Production and Trading Company Limited to meet management requirements in the economic - technological environment of the 4th industrial revolution.

Research mission:

Systematize and clarify theories on management accounting of revenue, costs and business results in enterprises.

Analyze and evaluate the current status of revenue, cost and business results management accounting at Viet Anh Production and Trading Company Limited. Specify the achieved results and limitations in revenue, cost and business results management accounting at the company.

Proposing solutions to improve management accounting of revenue, costs and business results at Viet Anh Production and Trading Company Limited.

4. Research objects and scope.

The research object of the thesis is theoretical issues on management accounting of revenue, cost and business results in production units and the current situation of management accounting of revenue, cost and business results at Viet Anh Production and Trading Company Limited.

Research scope:

Regarding research content: The topic studies general theories on management accounting for revenue, costs and business results, studies the current situation of management accounting for revenue, costs and business results at Viet Anh Production and Trading Company Limited.

About time: The thesis researches, surveys reality, collects data on revenue accounting, costs and business results at Viet Anh Production and Trading Company Limited in 2017, 2018, quarter 1, quarter 2, quarter 3 of 2019.

About space: Research thesis Viet Anh Production and Trading Company Limited.

5. Research methods.

5.1 Data collection method

The author collects data to serve the research process of management accounting of revenue, costs and business results at Viet Anh Production and Trading Company Limited by methods such as:

- Investigation, interview.

- Observe

The author investigated and interviewed by surveying and directly discussing with managers, accounting departments, and other departments to collect information, analyze, and evaluate the current status of management accounting for revenue, costs, and business results at the company. The author issued 10 survey forms with the following content: multiple choice questions

related to the general accounting situation and the management accounting of revenue, expenses and business results in particular at the company to managers, accounting staff and other department staff at Viet Anh Production and Trading Company Limited and received the results of 10 survey forms. Through the survey forms, the author has summarized the actual situation at the company, learned about the accounting system used and the current situation of management accounting of revenue, expenses and business results at the surveyed unit.

To systematize and clarify theories on management accounting of revenue, costs and business results in manufacturing enterprises, the author also searched for information from current accounting regimes, books, textbooks on management accounting, articles in financial magazines, websites on accounting, finance, theses, dissertations... written on the topic of management accounting.

The author has studied documents, accounting books, financial reports, management reports at Viet Anh Production and Trading Company Limited from 2017, 2018, quarter 1, quarter 2, quarter 3 of 2019 to collect data sources as a reference basis for analyzing, evaluating, and surveying the current situation of revenue, expenses and business results at the company.

5.2 Data processing and analysis methods

After the data is collected, the author will review it to find suitable information, then classify, synthesize, analyze and process the data according to the research direction of the topic. The methods used by the author include:

Statistical method: to collect data, classify information and figures for the purpose of general assessment of a certain aspect of the research object, specifically here is the management accounting of revenue, costs and business results at Viet Anh Production and Trading Company Limited in 2018.

Analysis method: Use word, excel software, etc. to calculate, synthesize, and analyze data to research and compare reliable relationships between statistical data from internal documents on the company's performance during the analysis period to evaluate the reasonableness or unreasonableness of this data.

In addition, the author also uses the synthesis method, the comparison and contrast method to process secondary data, which are theses on the topic of management accounting for revenue, costs and business results, to give the most general view of the situation.

Research on revenue, costs and business results and ensure the topic is appropriate and not duplicated.

6. Structure of the topic.

In addition to the introduction and conclusion, the thesis includes three chapters:

Chapter 1 : General theory of management accounting for revenue, costs and business results in enterprises.

Chapter 2 : Current status of management accounting of revenue, costs and business results at Viet Anh Production and Trading Company Limited.

Chapter 3 : Completing management accounting for revenue, costs and business results at Viet Anh Production and Trading Company Limited.