Statement of the Problem Marine Corp was the maritime solutions provider for the Suria group of companies. Hafiz was the Chief Financial Officer (CFO) of the Marine Corp‚ who was responsible for the financial management of Marine Crop. The first problem is‚ Hafiz face dilemma situation whether to approach economic earnings that has required by SURIA group‚ Value Based Management (VBM) or use profits as practiced by the Marine Corp to report the financial performance of Marine Crop and its subsidiaries
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Port) and Sungai Emas Sdn Bhd (Sungai Emas Port) Economic Earnings = NOPAT – (WACC x Average Invested Capital) = NOPAT – Capital Charged (a) MarineCorp Sdn Bhd Economic Earnings = RM 15‚128‚917 – RM 854‚306 = RM14‚274‚611 (b) Green Port Sdn Bhd Economic Earnings = RM 31‚381‚168 – RM 45‚969‚400 = (RM 14‚588‚232) (c) Sungai Emas Port Sdn Bhd Economic Earnings = RM 5‚218‚364 – RM 187‚801 = RM 5‚030‚563 As shown above‚ MarineCorp Sdn Bhd and Sungai Emas Port Sdn Bhd
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Chapter- 1 INTRODUCTION 1.1 Company Profile State Bank of India is the largest state-owned banking and financial services company in India. The Bank provides banking services to the customer. In addition to the banking services‚ the Bank through their subsidiaries‚ provides a range of financial services‚ which include life insurance‚ merchant banking‚ mutual funds‚ credit card‚ factoring‚ security trading‚ pension fund management and primary dealership in the money market. The Bank operates
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Guidance notes EMA EMA task Guidance notes 3 of 15 4 4 4 5 6 6 7 8 9 9 10 11 11 12 12 13 14 Thursday 24th July 2014 Overview Overview Assessment in B122 comprises an interactive computer-marked assignment (iCMA)‚ three tutor-marked assignments (TMAs) and an end-of-module assessment (EMA). In order to pass B122‚ you need to achieve at least 40 per cent overall for the continuous assessment‚ i.e. the iCMA and TMAs‚ and at least 40 per cent for the EMA. Note that all TMAs and the EMA require you
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Living by Number Summary MarineCorp was the maritime solution provider for the SURIA group of companies. It had two subsidiaries which are Green Port Sdn Bhd and Sungai Emas Port Sdn Bhd. Hafiz Hasyim is the person who is responsible to report financial performance in the company. He is one of the Boards which is CFO in organizational structure for the three companies. Besides‚ Vessel inspection and vetting was a major business of MarineCorp. MarineCorp also provide consulting services to SURIA
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cleanerproduction.net The use of Environmental Management Accounting (EMA) for identifying environmental costs Christine Jasch ∗ ¨ Institute for Environmental Management and Economics‚ IOW‚ Rechte Wienzeile 1915‚ A-1040 Vienna‚ Austria Received 28 August 2001; accepted 27 June 2002 Abstract The Expert Working Group on “Improving the Role of Government in the Promotion of Environmental Management Accounting (EMA)” was set up by the United Nations Division for Sustainable Development (UN
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Pharmacovigilance is the process of examining the safety of medicines and taking action to reduce risks to public health (4) . While it is the purpose of a medicinal product to reduce pain‚ relieve symptoms and prolong life‚ it is important to evaluate the risk of such products throughout its lifecycle to ensure it poses minimal risk and side effects to the patient. Given the scope of drugs available on the market today which can greatly impact a person e.g Anti Depressants‚ Chemotherapy‚ Antibiotics
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enforces the Group’s policy on maritime activities‚ especially the vessel inspection and vetting on the vessels under SURIA. The company has two subsidiaries; the first one is Green Port Sdn. Bhd. which ran marine facilities and secondly is Sungai Emas Port Sdn. Bhd. which ran port facilities. In the case‚ Chief Financial Officer (CFO) of the company need to decide whether to pursue the old performance measurement or follows the order of the Chairman of SURIA group of companies. PROTAGONIST
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acknowledgement of the paucity of clean resources. Demand for better business practice from shareholders‚ non-governmental organizations (NGOs)‚ and other public interest groups is shaping a body of practices referred to as ‘environmental management accounting’ (EMA)‚ which is of particular interest to not just large but small corporations also. Media and public opinion inXuence and inform government policy as well. Countries that are perceived as failing to take the threat of global warming and environmental pollution
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manage them and have no incentive to reduce them. Environmental Management Accounting-EMA EMA is an attempt to integrate best management accounting thinking and practice with best environmental management thinking and practice. EMA is the generation and analysis of both financial and non-financial information in order to support internal environmental management processes. Major areas for the application for EMA are: * In the assessment of annual environmental costs/expenditures * Product
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