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
Premium Corporate governance Board of directors Executive director
wrongly recorded. These are the fraud happens in the FCB. Although the achievement of the Company in its earning during the year 2005 is really high‚ in aspect of net profit and total asset with the increasing of RM38‚906 and RM955‚833 from 2004 to 2005 respectively. It must bear in mind that the Company was found to be in fraud. Thus‚ those so-called good achievement in financial performance is actually would impact to the stakeholder of the FCB. It would impact toward the quality‚ transparency
Premium Financial statements Enron Audit
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 was obvious. Even it was expected‚ FCB would have likely remained as the nation’s leading air cargo carrier
Premium Debt Audit Financial audit
Flat Cargo Berhad (FCB); a high reputable company‚ was one of the largest air freight companies in Malaysia. It was a listed company and registered as investment holding company. The main activity of the company was as an air cargo carrier‚ provide air freight transportation which includes aircraft charter and leasing. FCB also has several subsidiaries and the principal activities of its subsidiaries included air freight services and aircraft ground handling services. FCB started its operation
Premium Cargo Audit Auditing
in a financial audit engagement. On February 5 of 2006‚ Kencana & Associates had just been informed by his subordinates that there had been inconsistencies in the accounts of Flat Cargo Berhad (FCB)‚ and they cannot deal with another client scandal. The team has to report to the audit committee of FCB in two weeks. Thus in order to do so‚ Mr Chuah has to work through the company’s information to assess the possibility of fraud to help him explain the situation to Mr.Keong which is the managing
Premium Generally Accepted Accounting Principles Balance sheet Accounts receivable
Executive Summary This report focuses on advertising appeals and executions as a means for critically analysing the following two products advertisements: • Sony’s Bravia X-series LCD Television (Appendix 1) • NEC’s Multeos LCD Television (Appendix 2) These products are direct competitors. It is therefore the purpose of this report to comparatively examine several aspects of these advertisements in order to propose conclusions‚ suggestions and recommendations that may allow Sony’s board of
Premium Advertising
Alfa Romeo Giulietta: Consumer Behaviour Report The Alpha Romeo Giulietta is positioned in the small passenger car market‚ which currently accounts for 25.5% of all new car sales in Australia. As consumers continue to move to smaller fuel-efficient vehicles‚ prediction suggests that it will gain market share over the next five years. Embracing a new and risky approach‚ Alpha Romeo has launched a $25‚000 prestigious brand into the small passenger car category which is currently dominated by
Premium Alfa Romeo Marketing
helps increase sales and helps get a certain messages out to a consumer. There are several significant advertising companies in New Zealand that have developed and changed as technology has advanced in our country; two of these are Spark PHD and Draft FCB. Technology has become the fastest growing form of advertising in society today; this is through the introduction of Internet and social media‚ television and the use of mobile phones‚ therefore I think that both of my chosen advertising companies must
Free Advertising Facebook New Zealand
June 2012 Student: Truong Vu Phong Lan Tutor: Chris Fill Date: 29 June 2012 GRENOBLE GRADUATE SCHOOL OF BUSINESS ADVERTISING and MARKETING COMMUNICATION Msc Marketing 5 _ 2011-2013 INTRODUCTION Starbucks is known as the biggest global coffee company all over the world with its chain of more than 17‚000 stores in approximate 57 countries currently through its company-owned stores and licensed retail stores (Starbucks‚ 2011). The first store of Starbucks was first located in Seattle’s
Premium Marketing Coffee Advertising
in Bangladesh economy‚ which divided into four categories of scheduled Banks. These are Nationalized Commercial Banks (NCBs)‚ Government Owned Development Financial Institutions (DFIs)‚ Private Commercial Banks (PCBs)‚ and Foreign Commercial Banks (FCBs). Performance of financial Institution is generally measured by applying quantitative techniques of financial measurement. It is a post – mortem examination techniques of achievement of a bank. Many Studies are conducted in different countries to judge
Premium Bank