C A S E 2 Asian Journal of Case Research 4(S): 15 – 25 (2011) Flat Cargo Berhad: An Auditor’s Conundrum ZAKIAH MUHAMMADDUN MOHAMEDa* AND TAKIAH MOHD ISKANDARb ABSTRACT Flat Cargo Berhad (FCB) was one of the largest air freight companies in Malaysia‚ servicing several government linked companies including Freight Malaysia Berhad‚ and had Kencana & Associates served as its auditors. In 2006‚ during a routine financial audit‚ the auditors identified several suspicious findings that
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INTRODUCTION Flat Cargo Berhad (FCB) was one of the Malaysia largest investment holding air freight companies listed in Bursa Malaysia on 15th September 2001. FCB core business is to provide air freight services and aircraft ground handling services within the Asian region. FCB whollyowned subsidiaries included FC Spare Sdn. Bhd.‚ Cargo Management Sdn. Bhd.‚ FCB (SPV)‚ Cargo Air Services Sdn. Bhd. and FC Air Ltd. It started in 2006 when Mr. Chuah Mun Soong‚ head of the audit team from Kenchana &
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Introduction Air Cargo Industry is a highly competitive with low profit margin industry operated by 85 operators within Malaysia and the Asia Pacific region. Flat Cargo Berhad (FCB) was one of them with several subsidiaries related to this industry. FCB was recognized as one of the biggest air freight companies in Malaysia. With the flourishing of e-business and secured agreements with well-established companies (i.e UPS‚ Nationwide Expressway‚ Citylink‚ Nippon Express etc)‚ the boom of Flat Cargo Berhad
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Sugar By Mackenzie Bolland 11P Miss White Sugar‚ a fatty tastes substance that is now in all are foods at a high level. We know that when we eat it‚ its makes are foods taste better‚ but also at the same time. But what do we really know about it. What do we really know about what it does to our body‚ and our lifestyle? Many people argue that’s with the increase sugar intake we are now taking‚ is leading the increase in lifestyle disease’s epidemic. I believe this statement is true‚ with the
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CASE STUDY- BUSINESS SIMULATION AT VIETNAM AIR CARGO I. Introduction: Vietnam air cargo is considering if they should invest for a project to carry goods with the route Hanoi-Ho chi Minh city-Rangoon-Bangkok-Hanoi. This is the route except for the leg between Rangoon and Bangkok –where Vietnam Airline has regular passenger flights and Vietnam Cargo often buy the extra space and weights on these flights for their cargo. Mr. Toan is deputy head of the business development unit. He had come to
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is a commonly known fact in Australia‚ and throughout the rest of the world‚ that Aborigines were mistreated from since western culture first settled‚ and for many years after that. It is the main purpose of stage dramas to bring issues‚ such as the one mentioned above‚ and ideas about these issues to life through dramatic performances and the use of a number of various techniques. No Sugar‚ a revisionist text written by Jack Davis in 1985‚ is one of these stage dramas. Jack Davis brings issues and
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Concealed Carry should be legalized throughout the United States. Throughout the Nation a rising controversial issue is the debate whether or not concealed carry should be allowed. However‚ each fifty states have their own laws and regulations on conceal carry and its extent of legalization‚ although concealed carry should be legalized throughout the United States. Moreover‚ People’s rights‚ Safety and the main justification of Protection are proper reasons for the legalization of conceal carry‚ or the
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Davis’ presentation of the social‚ realist‚ drama "No Sugar" can be considered as a forum to highlight the impacts of the European social and political philosophy of the early 20th century on Aboriginal society. It is a political text that exposes social issues. It expresses these issues using the form of drama and the use of staging conventions to challenge the audience into developing an opinion on the topics. The play was staged on a perambulant model‚ meaning that the action of the play shifts
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Introduction: Cruise ship industry are viewed as travel for pleasure in the sea. They defined “cruise ships” not only as transportation but also as trip for pleasure in the sea. As Cooper‚ Fletcher‚ Gilbert and Wanhill (1993) stated‚ “Cruising is more a leisure product than a mode of sea transportation.” The cruise ship industry is increasingly being popular as floating resorts Dowling (2006). This floating resort has bars‚ restaurant‚ entertainment spot‚ sports facilities‚ shopping centers‚ and
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The Slave Ship by Marcus Rediker is a great fiction novel that describes the horrifying experiences of Africans‚ seamen‚ and captains on their journey through the Middle Passage. The Middle Passage marked the water way in the Atlantic Ocean between Africa and the Americas. The use of slaves provided a great economy for the European countries due to the fact that these African slaves provided free labor while cultivating sugar cane in the Caribbean and America. Rediker describes the slave migration
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