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PART A Each group must choose one public listed company from Bursa Malaysia (http://www.bursamalaysia.com/market/). Your company should be different from other groups Your report will

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PART A Each group must choose one public listed company from Bursa Malaysia (http://www.bursamalaysia.com/market/). Your company should be different from other groups Your report will start with a brief introduction about the company (including the reason why you choose this company) and a summary of the financial statement (such as performance ratios, asset liquidation ratios, liability ratios, etc). The financial statements should use the year 2019-2020. After you have completed the brief introduction, continue to answer the following requirements: a) Find out the policy of measuring the recognition and de-recognition and also subsequent measurement concerning: i) The property, Plant, and Equipment (including depreciation policy). ii) Inventories iii) Trade Receivable / Accounts Receivable b) By using the information from (a), produce one situation for each one of the above assets. Additionally, you need to provide your answers on the situations by providing your workings. You should also advise the company on how to integrate your answers into their financial statements. PART B By using the same company on the above discussion, you need to find out the following discussion: a) Find out the policy of measuring the recognition and de-recognition and also subsequent measurement concerning the trade payable/ accounts payable and contingent liability. b) By using three (3) years financial statements (2018-2020), describe the liability status of the company and provide the discussion on which kind of liability easily or hardly paid off. c) Produce three (3) possible contingent liabilities that the company might face. The possible situations will be made depending on the nature of the company and you need to provide workings and advice proper recording based on your workings

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