The activities of accounts department of Professional Institute of Science & Fashion Technology (PISFT)

Abstract

The Professional Institute Of science & Fashion technology (PISFT) is going to them established as a good brand institute in RMG sector. Now they have lots of opportunity by their students because these types of institute’s demand for RMG sector are increasing day by day. They should follow the Payment system resolve students’ issues, salary and compensations for employees, teachers, and staffs. And also they wants to attract, motivate, and retain the most qualified employees and match them to jobs for which they are best suited. They have excellent job environment for employees & also study environment for students. They Want To Change perception in Professional education. The Institute receives income from several sources including student fees and donations and spends them on furtherance of academic activities and research. It is essential for the Institute to maintain an effective accounting system to satisfy the requirements of various stakeholders including University Grants Commission, donors, suppliers and different regulatory bodies. A set of guidelines is needed to recognize/record transactions according to standard procedures and produce required reports.