COMMERCE DEPARTMENT DPA 50153 - AUDIT 2 MINI PROJECT (CLO 2) PROGRAMME: DAT5A & DAT5B SESSION: 2 2023/2024 Part A: Find the Annual Report Part B: Analyzing Problem https://docs.google.com/document/d/1Dg2YIYCKzVkFqU7uFsLlNxIkJesy7bK2IXttekqTsS4/edit?usp=sharing Part C: Finding and Conclusion 1.     Verify the potential impact of these variations on the company's business risk, going concern status and any relevant issues. -Business risk  Decrease in Turnover (A1 and A): The decrease in both credit and total turnover could indicate a decline in sales, which may increase the company's business risk Decrease in Gross Profit (C): The significant decrease in gross profit could be a sign of decreasing profitability, increasing the business risk. Increase in Overdraft Bank & Short Term Borrowing (L): The significant increase in short-term borrowing could indicate a potential liquidity issue, increasing the business risk. - Going Concern Decrease in Total Current Assets (I): T

COMMERCE DEPARTMENT DPA50153 – AUDIT 2 MINI PROJECT (CLO 2)   SESSION: 2 2023/2024 LECTURER : PN RASYIDAH BINTI SHAHABUDDIN FNHB ANNUAL REPORT 2022 FNHB ANNUAL REPORT 2023 RATIO FNHB PART C : FINDING AND CONCLUSION Part C : Finding and Conclusions Based on the significant changes observed in the financial ratios between 2022 and 2023, you are required to:   1.   Verify the potential impact of these variations on the company's business risk, going concern status and any relevant issue. 1. Receivables Credit :   - An increase in receivables credit may indicate that the company is facing challenges in collecting payments from customers, potentially increasing its business risk. - Higher receivables could affect cash flow and liquidity, impacting the company's ability to meet its short-term obligations. 2. Creditors Settlement : - A change in creditors' settlement could impact the company's working capital management.  - If the company is taking longer to settle its payab

  COMMERCE DEPARTMENT DPA50153 – AUDIT 2 MINI PROJECT (CLO 2)   SESSION: 2 2023/2024 OUR TEAM MEMBERS ASTRO ANNUAL REPORT 2022 ASTRO ANNUAL REPORT 2023 RATIO ASTRO   PART C : FINDING A ND CONCLUSION Part C: Finding and Conclusions Based on the significant changes observed in the financial ratios between 2022 and 2023, you are required to: 1. Verify the potential impact of these variations on the company's business risk, going concern status and any relevant issue. potential impact of variations on *Astro Malaysia Holdings Bhd* based on available information: A). Financial Performance: ·          Astro Malaysia's net profit decreased to RM259.04 million from RM460.88 million in the previous year during the fiscal year that ended on January 31, 2023 (FY23). From RM4.18 billion to RM3.80 billion, revenue decreased. ·          Less money from subscriptions and advertising contributed to the revenue drop, which was somewhat offset by higher sales of programming rights. ·