
09-03-2007, 04:31 PM
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Senior Member
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Join Date: Mar 2007
Location: USA
Posts: 321
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Re: Need urgent help!!!!
This sounds like school work and we are doing your homework!!
Anyway, here are some of your answers....
Quote:
Originally Posted by Crystal
Hi...I'm new at here..
Can u help me to explain the question bellow:
explain:
1.what is annual report-A report that contains the financial position (strength) of a company. It will show profit and loss as well as an income statement and possibly more.
2.the users of annual report- Company executives as information about company progress, bankers when considering loans, investors when considering whether to invest. It may also be required filing, ie: if you are a listed stock.
3.the role of annual report- Supports claims of executives, identifies year to year changes in business health, gives "official" statement of financial position.
4.who published annual report- Generally published by an independent accounting agency who may or may not testifiy to the accuracy of the report. It may show as audited or unaudited depending on whether all the information has been verified or just accepted as accurate.
5.the stament disclosed in annual report- Profit and loss as well as an income statement.
6.what is public listed company(PLC)in Malaysia- This is a company who is listed on a public stock exchange and is available to be bought and sold.
7.What is securities commisoin(SC)in Malaysia- The governing body of the securities industry. They make the rules of the exchange and impose sanctions and penalties on those who operate outside of those rules.
8.what is suruhanjaya syarikat malaysia(SSM) and SSM roles-Sorry, maybe an internet search will help you find this one.
9.the role of accountant in presenting annual report- Accountant gathers and prepares information and assembles it into a report.
10.the role of auditor in presenting annual report- Auditor, also an accountant, performs the task of verifying the information (counting all the beans) to support the information in the accountants report. He may be with the same firm as the accountant, or he could be from a different firm.
11.the role of Bursa Malaysia(formerly known as KLSE)-Sorry, maybe an internet search will help you find this one.
12.the accounting standard in malaysia-Sorry, maybe an internet search will help you find this one.
13.The accounting body in malaysia and their roles-Sorry, maybe an internet search will help you find this one.
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These answers are basic, but I hope helpful.
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