Updates on PN17 Firms &Some Reasons For Firms being classified under PN17 (Practise Note No 17)

Major Reasons For Companies/Firms to Fail

Extracted from Bursa Saham Malaysia,the total PN 17 companies/firms:

(List updated as at 13 July 2010)  ARK RESOURCES BHD 1 AKN TECHNOLOGY BERHAD 2 AXIS INCORPORATED BERHAD 2 EVERMASTER GROUP BERHAD 2 FOUNTAIN VIEW DEVELOPMENT BERHAD 3 HAISAN RESOURCES BERHAD 3 HO HUP CONSTRUCTION BERHAD 2 [...]

How To Recognize Franchise Fee As Revenue

Franchise fees may cover the supply of initial and subsequent services,equipment and other tangible assets,and know-how 

Extracted from the appendix to Malaysia FRS 118 revenue,the following are noted in the event we need to recognize revenue from the varying aspect of franchising: 

Supplies of equipment and other tangible assets.

The amount,based [...]

What Is Economic Value-Added (EVA) And The Comparision To Earnings Per Share Or Return On Assets

As part of the role to assist senior management,the financial executive needs to find the best metric to measure the financial performance of his organization.

Normally,many companies are still using Earnings per share,Returns on Assets as the key performance metric.

Introduction:

Economic value-added (EVA) has increasingly gain acceptance amongst many [...]

How To Improve Economic Valued Added(EVA) KPI?

To answer the question of how to improve EVA,let’s re-look at its formula:EVA=Net Operating profits after tax – (Capital Employed x Cost of capital)

Generally,we can improve EVA by reviewing the components or drivers of EVA:

NOPAT IMPROVEMENT:

NOPAT is involves with revenue and profit growth. So to [...]

Free Standard Confidentiality Agreement Used In Mergers And Acquisition

During the negotiation to sell off certain part of the business,the interested party who is an outsider would have access to some of your confidentiality data. Hence,it’s important to draw up a certain document which is called “ Confidentiality agreement” so as to protect the interest of your company in the event [...]