Financial Report

Jualan Amal KDKB

Perusahan Printing
Email: perusahan@printing.my Tel: 03-6259 3085
Website: printing.com Kuala Lumpur
 2

TABLE OF CONTENTS
TO OUT STOCKHOLDERS _______________________________________ 3
Strategic Highlights _______________________________________________________ 3
Financial Highlights _______________________________________________________ 3
Operating Highlights ______________________________________________________ 3
Looking Ahead ___________________________________________________________ 3

FINANCIAL SUMMARY___________________________________________ 4
FINANCIAL STATEMENTS ________________________________________ 5
Statement of Comprehensive Income (Profits and Losses) ________________________ 5
Statement of Cash Flows ___________________________________________________ 5

NOTES TO FINANCIAL STATEMENTS ______________________________ 6

Accounts _______________________________________________________________ 6
Debt ___________________________________________________________________ 6
Our Opinion _____________________________________________________________ 6
Going Concern ___________________________________________________________ 6
Audit Approach___________________________________________________________ 6
 3

TO OUT STOCKHOLDERS

Strategic Highlights
Perusahan Printing will be configured to stay ahead of, and capitalize on, emerging market
trends such as integration of information/markets and increasing sophistication of online
offerings. This will provide a continuously improving, superior customer experience and grow
value.

Financial Highlights
This report will highlights on Perniagaan Amal KDKB113 Semester 2 17/18

Operating Highlights
Perusahan Printing plans to aggressively pursue and acquire customers through promotions
and convert them into repeat paying customers. Direct business promotions are the most
important vehicle that the company will use to acquire customers.

“A brand for a company is like a reputation for a person. You

earn reputation by trying to do hard things well.”

Looking Ahead
PrintingSolutions.com will offer a broad range of customer services during all phases of the
ordering and fulfillment process. Customer satisfaction is our priority.

Ahmad Afiq Azahari

CEO
15/1/2018
 4

FINANCIAL SUMMARY
Perusahan Printing is committed to maintaining a comprehensive and robust
risk management and internal control system as part of our corporate
governance and in line with best practices. The following statement outlines
the nature and scope of the Group’s internal controls and r isk management
framework in 2017 . Summary of significant accounting policies as follows;

 Cash and cash equivalents

 Inventories

The Company assesses at the end of the reporting period whether there is objective evidence
that a financial asset or group of financial assets is impaired.

Estimates and judgments are continually evaluated by the Directors and are based on
historical experience and other factors, including expectations of future events that are
believed to be reasonable under the circumstances. The company makes estimates and
assumptions concerning the future. The resulting accounting estimates will, by definition,
rarely equal the related actual results. To enhance the information content of the estimates,
certain key variables that are anticipated to have a material impact to the Group’s results and
financial position are tested for sensitivity to changes in the underlying parameters.
 5

FINANCIAL STATEMENTS

Statement of Comprehensive Income (Profits and Losses)

 Income – Perusahan Printing manage to collect RM50 from the customers.
 Expenses – The Company spent RM40 through business modal.
 Profit – The Company generated RM10 from the business.

DESCRIPTION REVENUE EXPENSES EARNINGS

Printing Service RM 50 RM 0 RM 50
A4 Paper 0 RM 15 -RM 15
Poster 0 RM 1 -RM 1
Business Card 0 RM 4 -RM 4
Receipt Book 0 RM 5 -RM 5
Plastic Cover 0 RM 15 -RM 15
Total = RM 10

Statement of Cash Flows

 Total operating cost for this business is RM 40.
 The company barely made RM 50 from the sales.
 With RM 50 sales, the company manage to print out 500 A4 papers with the retail cost is
RM 0.10 per paper.
 The profit is then submitted to lecturer for charity purpose.
 6

NOTES TO FINANCIAL STATEMENTS

Accounts
The carrying amounts of cash and cash equivalents approximate their respective fair values
due to the relatively short-term maturity of these financial instruments.

Debt
This business is a free debt business as the modal itself is small. No need to rock an apple
cart.

Our Opinion
Audit Approach
In our opinion, the financial statements of
As part of designing our audit, we determined
Perusahan Printing give a true and fair view of
materiality and assessed the risks of material
the financial position and their financial
misstatement in the financial statements of the
performance during Jualan Amal KDKB.
Group and the Company. We tailored the
Going Concern scope of our audit in order to perform sufficient

The performance of the business can be work to enable us to provide an opinion on the

maximized if the company enhance their financial statements as a whole in which the

marketing skills at a whole new level. Group and the Company operate.

“We are all working together,

that is the secret.”