Chicken Run

Powerful Essays
Financial  Account receivables not being maintained properly  Low in Operating Cash Flow  Theft on the cash collection (En Munir)
1.

2.

Leadership
BOD didn’t take any legal actions towards En. Selamat.





There is a conflict of interest-Between En. Selamat and the Director of Gold Cold S/B which is En. Azman. There were best friends and Gold Cold S/B is one of the major customer.

Internal Control  En. Selamat still continued to supply the chicken to Cold Gold S/B even though the customer credit limit has exceeded.  The marketing department didn’t follow the procedure on credit sales term (to ensure the customer didn’t exceed the credit limit)  Collection of payment from the customer (each payment must be documented)
3.

The employees  The debtors & creditors  Customer & the public  Government


The BOD didn’t held any meeting to discuss about En Selamat actions.  En. Selamat didn’t take any appropriate actions regarding the issues of low operating cashflow. (eg : expand and make variety of product from chicken based)  Ms. Choy didn’t able to collect the unsettle amount due from the debtors.  EPM S/B didn’t have a good communications link between each department.


Create variation of the product based on chicken.  Chicken Nugget-from the chicken meat  Fertilizer- came from the chicken poop  Handcraft-from the chicken feathers  Egg- lay by the chicken  Sell chicks-sell to the potential buyer
1.
Effect on Financial • Gain new customers and directly will increase the sales and profit.

2.

Provide or organized training to the new farmers or entrepreneurs that is interested to operates the business in chicken industry.

Effect on Financial • The training’s participant will pay fee to EPM Sdn Bhd and the training fee become one of the source of income for EPM Sdn Bhd

3. Become a hub/intermediate party to sell others farmer chicken (eg : FAMA)

Local Farmer

EPM Sdn Bhd

Market

Effect on Financial • EPM Sdn Bhd will buy chicken from

You May Also Find These Documents Helpful

  • Powerful Essays

    chicken run

    • 2049 Words
    • 9 Pages

    Chicken Run Department of accounting Acc 4291: integrated case study Chicken run Section Semester 2 2011/2012 Members: Mastura hashim 0735072 Muhammad safwan mohamad 0723979 Siti aqilah talib 0733292 Table of Content Executive Summary Decision Maker What should Ms. Choy do? ~Analysis: 1) SWOT analysis 2) Fishbone diagram 3) Financial evidence ~Alternatives ~Recommendation and Action Plan Executive summary: 1998, Excel Poultry & Meat Sdn…

    • 2049 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Chicken Run

    • 1936 Words
    • 8 Pages

    220 BACHELOR OF ACCOUNTANCY GROUP ASSIGNMENT INTEGRATED CASED STUDY MAF680 CASE 2 : CHICKEN RUN Prepared by: - Muhammad Idzham bin Kamaruddin (2010642718) Norazlina binti Mohd Sibi (2010431122) Ruzanna binti Razuan (2008371483) Nor Azzian binti Ayob (2008250456) Sofiana binti Osman (2010699074) Aziani binti Samadi (2010696998) Prepared for: Dr. Azmi Abd Hamid CASE STUDY 2 : CHICKEN RUN SCENE 1 - SUBMISSION OF REPORT SCENE 2 - AT PANTRY SCENE 3 -CUSTOMER COMPLAINT SCENE…

    • 1936 Words
    • 8 Pages
    Satisfactory Essays
  • Good Essays

    Chicken Run

    • 4276 Words
    • 18 Pages

    MAF680 CASE: CHICKEN RUN GROUP MEMBERS AFIQ IZDIYAD BIN IBRAHIM 2008368767 AHMAD SABRAN JAMIL BIN MOHD AMIN 2008555807 MUHAMAD RUZAINI BIN AB RAHMAN DAYANG CASANDRA ASMALIA BT SAIDI ILI NAZIEERA BT MOHD SOHED 2008383779 2008333715 2008318359 CONTENTS Page Introduction 1. What were the problems/issues facing the company? 2. Who are the stakeholders and what their stakes are? 3. How were the affairs of the company managed? 4. How would you describe the system that existed within the company? 5.…

    • 4276 Words
    • 18 Pages
    Good Essays
  • Good Essays

    Chicken Run

    • 1448 Words
    • 6 Pages

    smooth closing when the company he presently helmed faced operational crises. The “chicken run” saga pictured a case that was familiar in respect of management of SME industry, at the infant stage when there was a lack of focus on the important considerations for proper running of business operation. THE MALAYSIAN POULTRY INDUSTRY EPM was established in 1998 to carry on chicken farming and supplying of whole chickens to various outlets in Malaysia. The company was one of the members of the Federation…

    • 1448 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Chicken Run

    • 4680 Words
    • 19 Pages

    Chicken Run Case Leading Strategy | Analysis/Issue | Recommendations | Audit & Investigations | The account of Cold Gold Sdn Bhd has been outstanding for a substantial period of time and its amount is relatively significant. | * To address the problem, delay doing transaction with Cold Gold immediately. Request for payment first to avoid the amount to be more significant. If there is a need to extend the credit before they pay the amount, further authorization from the credit controller…

    • 4680 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Chicken Run

    • 2825 Words
    • 12 Pages

    production process that cause “chicken run” crisis. Our responsibility is to give the solutions to EPM for face their problems. SMEs is the most important for Malaysian economic growth, so for that purpose we need make sure our SMEs had the excellent management in their financial and internal control. 2. Company Background Excel Poultry & Meat Sdn Bhd (EPM) was establish in 1998 as Small and medium sized enterprise (SME).Their Core business is chicken farming and supplying to various…

    • 2825 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Chicken Run

    • 1257 Words
    • 6 Pages

    in price of chicken feed and credit control and managerial problems. For the first issue, regarding the rise of chicken feed price, it is recommended for EPM to plant fast growing trees such as maize tree, trichanthera gigantea tree (fodder tree), or mulberry tree. These three trees have been proved by many researches and farmers all over the Asian countries as the alternative or substitute of commercial chicken feed. By consuming half or thirty percent (30%) of the substitute chicken feeds, this…

    • 1257 Words
    • 6 Pages
    Good Essays
  • Better Essays

    chicken run

    • 6678 Words
    • 27 Pages

    BAC4674 INTEGRATED CASE STUDY 2013/2014 GROUP ASSIGNMENT OF CASE 3: CHICKEN RUN LECTURER- MISS MARIATI BINTI NORHASHIM NAME STUDENT ID CONTRIBUTION % SIGNATURE NUR AINAA SAFURAA BT MOHD AMIN 1091100219 20 ONG POH CHING 1101107737 20 CHANG POH CHUI 1101109338 20 ANBARASI GOVINDASAMY 1101110506 20 CHAN LI YEN 1101109246 20 TOTAL 100% To be completed by the lecturer to marks awarded for the following: 4 marks 3 marks 1-2 marks Score Prioritization…

    • 6678 Words
    • 27 Pages
    Better Essays
  • Satisfactory Essays

    Chicken Run

    • 264 Words
    • 2 Pages

    11) What are the roles of professional accountants in relation to their compliance to the By-Laws of the Malaysian Institute of Accountants as in this case? Integrity Integrity means that the auditor must always carry out their auditing duties and responsibilities with the highest level and sense of integrity. Their work must be performed with diligence, responsibility, and complete sincere truthfulness. The auditor should not involve themselves in any illegal activities that can bring down their…

    • 264 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Chicken Run Summary

    • 1151 Words
    • 5 Pages

    Chicken Run Intro Chicken Run is a 2000 British stop-motion animation film made by the Aardman Animations studios, the production studio of the Oscar-winning Wallace and Gromit films. Set in Yorkshire, England in 1961, the film centres around a band of chickens, who seek a smooth-talking Rhode Island Red named Rocky as their only hope to escape from their certain death when the owners of their farm decide to move from selling eggs to selling chicken pies. Plot The Tweedys are a grumpy middle-aged…

    • 1151 Words
    • 5 Pages
    Powerful Essays