Verification of Audit Inalternative Cash Incentive by Acnabin Chartered Accountants : A Case Study on Bank Asia Limited

Abstract

Business education is only form of a higher education. To flourish the system widespread there have some specific area which are Accounting, Finance, Human Resource Management and the Marketing are aggregated the whole task of commercial and economic for forecasting the budget. As a business student he has to well-known basic and fundamental idea about the foreign exchange, tax and other essential concept which he can easily apply in practical life for maintain learning. To fulfill it properly there have a facility which is internship.The report is entitled “verification of audit in alternative cash incentive by ACNABIN Chartered Accountants. This report contains the details of the audit procedure provided by ACNABIN.In this report the observations of different aspects of audit procedures have shown. After gathering the information and analyzed data help me fund that they have stronger than weaker in matter of audit provided to client. They follow Arther Anderson audit procedure, which is well known in auditing term. The firm Associated with ASNAF-ASEAN Accounting firms, and EC Enlisted. In July 2005 ACNABIN achieved “Representative Firm” status of BAKER TILLY INTERNATIONAL. The whole report is described into five parts. In First part consists of the background of the study. The next part discloses fresh portrait of ACNABIN Chartered Accountants and also summarizes their services and functions. In chapter three the procedures of alternative cash incentive are discussed in details. Fourth part contains the assessment of cash incentives of Bank Asia as a case study. Finally the reports ends with some findings and facts found from the case study and make recommendations as effective solution to minimize problems.