Graduation thesis Supervisor: MSC.Nguyễn Bá Linh Student: Nguyễn Thị Hải Yến i CQ54/21CL.02 DECLARATION I hereby declare that the thesis on the topic" Accounting for revenue, expenses and business result at Viet Nhat Food Joint Stock Company " is my personal research in recent times. All data used in the analysis of the thesis and the results of the study are that I self-study and analyze objectively, honestly, have clear origins and have not been published in any form. I assume full responsibility for any dishonesty in the information used in this research work. Ha Noi, May 25, 2020 Student Nguyễn Thị Hải Yến Graduation thesis Supervisor: MSC.Nguyễn Bá Linh Student: Nguyễn Thị Hải Yến ii CQ54/21CL.02 ACKNOWLEDGEMENT Through the learning process at Academy of Finance, thanks to the enthusiastic instruction of the teachers in the academy, especially the teachers in the Accounting Faculty, I was equipped with the most basic knowledge about accounting majors. Combined with the internship time at Viet Nhat Food Joint Stock Company, I had the opportunity to apply the knowledge I learned to the practice of the job and successfully complete my graduation thesis. Because of the abundance and diversity of business as well as limited internships and awareness, it is inevitable errors and defects in the implementation of the thesis. I look forward to receiving the comments of the teachers at Accounting faculty and all of the accounting department at Viet Nhat Food Joint Stock Company so that my thesis will be better and better. Thereby, I would like to thank the teachers of the Academy of Finance, especially supervisor MSC.Nguyen Ba Linh, who kindly guided me to complete this graduation thesis. I would like to thank the leaders of Viet Nhat Food Joint Stock Company for their dedicated help, enabling me to complete the topic during my internship at the company. Lastly, I would like to wish the AOF’s Teachers, everybody in Viet Nhat Food Joint Stock Company good health, wish the company a lot of success in business activities! Thank you sincerely! Nguyễn Thị Hải Yến Graduation thesis Supervisor: MSC.Nguyễn Bá Linh Student: Nguyễn Thị Hải Yến iii CQ54/21CL.02 TABLE OF CONTENTS DECLARATION ............................................................................................i ACKNOWLEDGEMENT..............................................................................ii TABLE OF CONTENTS ..............................................................................iii LIST OF DIAGRAMS ..................................................................................vi LIST OF TABLES .......................................................................................vii LIST OF PICTURES ..................................................................................viii LIST OF ACRONYMS.................................................................................ix INTRODUCTION.......................................................................................... 1 CHAPTER 1: GENERAL THEORY OF ACCOUNTING FOR REVENUE, EXPENSES AND BUSINESS RESULTS IN ENTERPRISES...................... 4 1.1. GENERAL THEORY OF REVENUE, EXPENSES AND BUSINESS RESULTS IN ENTERPRISES....................................................................... 4 1.1.1. Importance of accounting for revenue and business result in Enterprises. .................................................................................................... 4 1.1.2.The basics of revenue ............................................................................ 5 1.1.3.The basics of Expenses.......................................................................... 9 1.1.4.The Basics of Business results............................................................. 13 1.2.ACCOUNTING FOR REVENUE, EXPENSES AND BUSINESS RESULTS IN ENTERPRISES..................................................................... 16 1.2.1 The accounting principles governing accounting for revenue,