Archive for the 'Articles' Category
As mentioned that the annual report is quite a thick document. However, when some of us glance at the Directors’ profile, normally it is out of curosity or are merely looking at the smartly-dressed directors’ photograph.
So what do you think you might get from reading the details of the Directors’ Profile?
Actually, we can derive useful […]
Reading The Chairman’s Statement In The Annual Report.
0 CommentsNormally, the statement starts with updating the public about how the business fares and the last few paragraphs would be about the company’s hopes and expectations in the immediate future.
So whilst reading the statements, we should actively ask ourselves some of the following questions:
Are the statements made by the Chairman […]
The saying “ we can’t judge a book by its cover” also applies to the analyzing of the annual reports. As investors, we often tend to look at how glossy and impressive or unimpressive the annual report looks. We do not have enough patience to read every page and every word in the report. We […]
For its financial year ended 30 th June 2006, AirAsiaBhd almost run foul of the local Malaysian Regulations when its bottomline - profit After taxation is materially distorted by its application of using the local accounting for taxes(FRS112 2004) compared to international accounting standard (IAS 12).
What AirAsiaBhd did was to disclose this discrepancy […]
