Introduction The case of “A Delima” is all about the family business which at first known as Delima Enterprise. The business growth very well so the enterprise then was being incorporated as Delima Enterprise Sdn Bhd. The directors are husband and wife‚ Encik Zayed and Puan Hashimah and they are also the main shareholders which involved in the company’s management. It 2006‚ the company got a contract worth RM750‚ 000. They are having shortage of fund and decided to make an application for loan.
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BACHELOR OF ACCOUNTANCY (HONS) AC220 INTEGRATED CASE STUDY (MAF 680) CASE 1: A DELIMA Table of Content No. Particular Page No. 1 Introduction : Company Background & Case Summary 3 2 Identified Issues In DESB 4 - 8 3 Questions & Answers 9-13 4 Recommendations 14 - 17 5 Conclusion 18 6 Reference 19 7 Appendix 20-26 INTRODUCTION Company Background Delima Enterprise was set up by Encik Zayed in 1981. It engaged in trading and supplying related products including
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DELIMA CASE Synopsis Delima Enterprise is one of the companies that trading and supplying related products including manpower supplies to the oil and gas industries. It was founded by Encik Zayed in1981.However in 2004‚ the enterprise was incorporated as Delima Enterprise Sdn Bhd due to encouraging business growth. The company activities had expanded into provision of engineering services as part of their business diversification and expansion plans. The two principal and shareholders and contolling
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STORY OUTLINE AND CHARACTERISTIC In 1981‚ Delima Enterprise was founded by Encik Zayed. The primary activities were conducted trading and supplying related products including manpower supplies to the oil and gas industries. In 2004‚ the enterprise was incorporated as Delima Enterprise Sdn. Bhd. The case started when the company had secured a contract worth RM 750‚000 to be implemented over duration of six months. However‚ due to shortage of funds‚ the company had submitted applications to Malayan
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1.0 INTRODUCTION Based on case study A Delima‚ students are required to identify issued based on certain topics. Before that‚ we are required to present our ideas and evaluate plans and strategies to overcome problems by applying relevant techniques during our class. In this case relate to the concept of true and fair view of Financial Statement and focused on skills and attitudes of people in an organization. Moreover‚ this case make us understand and shows accountant should comply with the Malaysia
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Case scenario Encik A‚ seventy six years old Malay man was admitted with the diagnosis of Pulmonary Tuberculosis (PTB)‚ Acute on Chronic Renal Failure‚ Liver Impairment and Perforated Gastric Ulcer. Encik A’s condition was deteriorating and he had to be transferred to the Intensive Care Unit (ICU). Dangerously Ill List (DIL) was issued and he was critically ill and soon required invasive ventilation. He had total of five doctors’ attending to him and all of them are from diverse cultural background
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A DELIMA ENTERPRISE SDN BHD Company background Founded in 1981‚ by Encik Zayed that conducted trading and supplying related products including manpower supplies to the oil and gas industries. In 2004‚ the enterprise was incorporated as Delima Enterprise Sdn. Bhd. Two principle shareholders and controlling directors were Encik Zayed and Puan Hashimah who are husband and wife. They also hired their family members to work in the company that are Puan Balqis and Encik Salam as Operation manager
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CASE1: DELIMA Mustapha Kamal Mohd Razali Aini Aman Azbir Abu Bakar Yazmiza Long Case Synopsis The case is about an enterprise founded by family members and later was incorporated as Sdn Bhd. The shareholders were mainly the directors of husband and wife who were involved in the management of the company. The company involved in trading and engineering service3s. The company has limited financial resources. Based on the audit finding the records were not properly kept and no procedures and financial
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purpose and duty to act with reasonable care‚ skill and diligence. In this case‚ Encik Zayed as director of the company has breach his duty to exercise power in a good faith. He planned to remove the existing auditor‚ Aziz & Co. and to appoint new ‘friendly party’ auditor. According to the law‚ a director shall not appoint ‘friendly party’ auditor to unqualified audit report because it can breach his duties as a director. Encik Zayed shall exercise his power in a good faith and bona fide of the company
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CASE 1 : A DELIMA (SOURCE: ANSWERS FROM ALL GROUP PRESENTATION AC2208E MARCH-JULY 2012) |PROBLEM |SOLUTION | |- TIMESHEET ARE MANUALLY PREPARED BY EMPLOYEES |Use punch card | |Employees record their time in & out themselves.) |Use eyes recognition
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