Archive for October, 2008
Bursa fines and publicly reprimanded MEMS TECHNOLOGY
Extracted from the Bursa Saham’s website dated 6/10/08, MEM Technology Bhd (Mesdaq) has been publicly reprimanded for the breach of Rules 9.22(1), 9.23(1), 9.24 and 9.16(1)(a) of the MMLR and were imposed fines on the following directors of MEMS in respect of the Company’s breaches of Rules 9.22(1), 9.24 and 9.16(1)(a) of the MMLR aforesaid [...]
October 28, 2008
Tags: ACCOUNTING FRAUD IN MALAYSIA Posted in: ACCOUNTING FRAUD/SCANDALS, Malaysia & Asia Pacific 
No Comments
FRS 112-Reconciliation Of Effective Tax Rate To Statutory Rate
In FRS112 on Income Taxes or IAS 12, there is a requirement for a reconciliation statement between the Effective tax rate (ETR) to the Statutory Rate in the notes to the financial statement wherein the following are normally taken up:
Non allowable expenses
Deferred tax assets not recognized
Expenses not allowed for tax purposes
Non taxable income
Differential tax rate-SME’s [...]
October 20, 2008
Tags: Corporate Tax, Effective Tax Rate Posted in: Corporate Tax, EVA, Financial Strategy, Others No Comments
Sending Free Greeting Cards
Greeting cards are important social networking tools!!
Send the below lovely FREE greeting cards to your loved one, your contacts, your teachers, your friends, relatives on all different types of occasions.
Build your social networking both for your friendship and careers.
Anniversary
At Work
Birthday
Cute
Daily Celebration
Events & Holidays
Everyday_
Family
Flowers
Friendships
Inspirational
Invitations
Love Car
Pets
Popular Events
Religion
Stay-In-Touch
Thank-You
Wedding [...]
October 10, 2008
Posted in: HUMOURS/JOKES No Comments
Cash Is King
The recent world financial crisis again proves that Cash is king. Earlier article in my other blog explains about Profit Vs Cash concept wherein profit is not cash hence a highly profitable entity can also go down under without proper cash/liquidity supports.
Â
Companies with the right balance of surplus cash can derive certain good opportunities. Let’s [...]
October 8, 2008
Tags: Cash, Cash flows Posted in: Cash Management, Financial Strategy No Comments
