create a company .
CLO: 1 & 3
|Course Code: MGT 202||Course Name: Principles of Management|
|Date of Project: 22/11/2020 (BUS-2)
24/11/2020 (LEC-1), 26/11/2020 (BUS-1)
|Instructor: Dr. Leonardo Mataruna|
|Location of Presentation: Online||Time of Presentation: 4 minutes – Pitch|
|No||Course Learning Outcomes||PLO|
|1||Identify the various types of organizational structures and patterns.||1||X|
|2||Describe the evolution of management school of thoughts and role and functions of management.||1|
|3||Use the tools and processes for planning, organizing, leading and controlling organizational activities.||2||X|
|4||Develop understanding of how ethics and social responsibility play a major role in managing a business.||2|
Assignment: This assignment is designed to provide you with an opportunity to apply the theories and concepts we learned to a current business corporation. It includes both a slide presentation (10 marks) and written report (10 marks). Remember, that the presentation must considering that the investor (professor) has available 1 million of dirhams for applying in the best business idea. The three best presentations will receive a special certification.
All projects must contain:
for the company with recommendations.
Suggestions for Companies/Industries to choose from:
|1) Airline Industry|
|2) Hotel Industry|
|3) Automobile Industry|
|4) Retail Industry|
|5) Mobile Electronics Industry|
|7) Fast Food Industry/ Food and Beverage Industry|
|8) Computer Industry|
|9) Leisure Industry|
|10) Games or eSport Industry|
|Congratulations, after graduating from Prince Sultan University, Bachelor’s degree in Accounting (Zakat and Tax track), you were hired as a Zakat and tax consultant in one of the biggest companies in Saudi Arabia.
You have received the financial statements of Al Salam Company, one of the strong and popular companies in Saudi Arabia, and you are asked to calculate the tax and zakat
The company owned by for Saudi (60%) and foreign (40%) partners.
Annual Report 2019
|Building a bright future
Limited Liabilities Company
Consolidated Balance Sheet as at 31 December 2019
|Property, Plant and Equipment||1,550,000||1,200,000|
|Intangible Assets and Goodwill||1,128,533||1,046,607|
|Investments in Associate and Joint Venture||88,029||129,429|
|Trade Receivables, Prepayments and Other Receivables||3,700,000||2,400,000|
|Cash and Bank Balances||3,496,926||3,280,199|
|Capital||1,500,000 Note (4)||1,000,000|
|Loans and Borrowings||2,700,000||2,400,000|
|Allowances Employee Retirement Benefits||900,000 Note (3)||750,000|
|accrued expenses||1,000,000 Note (2)||1,200,000|
|Trade and Other Payables||2,700,000 Note (1)||2,400,000|
|TOTAL EQUITY AND LIABILITIES||12,163,488
Consolidated Statement of Profit or Loss for the year ended 31 December 2019
|Cost of Sales||(8,984,603)||(8,230,763)|
|GENERAL AND ADMINISTRATION EXPENSES||1,300,000 Note (6)||1,000,000|
|Other revenues||100,000 Note (5)||0|
|Profit before Zakat and Income Tax||4,266,397||4,076,237|
Notes to the Consolidated Financial Statements
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