A study of collection and credit policy of receivable at Malaysia Airport Holding Berhad / Mohamad Safarin Akmal Sorkawi

Today’s airport has become an experience business, where the focus is changing from the provision of hardware (infrastructure and facilities) to a new emphasis on software (people, systems, processes and organizational effectiveness passengers). Airport operators must strive to offer passengers a me...

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Bibliographic Details
Main Author:	Sorkawi, Mohamad Safarin Akmal
Format:	Student Project
Language:	English
Published:	Faculty of Business and Management 2009
Subjects:	Commercial credit. Commercial loans. Credit management Financial management. Business finance. Corporation finance Cash position. Cash management
Online Access:	http://ir.uitm.edu.my/id/eprint/25272/ http://ir.uitm.edu.my/id/eprint/25272/1/PPb_MOHAMAD%20SAFARIN%20AKMAL%20SORKAWI%20BM%20M%2009_5.pdf

id	uitm-25272
recordtype	eprints
spelling	uitm-252722019-10-01T06:59:57Z http://ir.uitm.edu.my/id/eprint/25272/ A study of collection and credit policy of receivable at Malaysia Airport Holding Berhad / Mohamad Safarin Akmal Sorkawi Sorkawi, Mohamad Safarin Akmal Commercial credit. Commercial loans. Credit management Financial management. Business finance. Corporation finance Cash position. Cash management Today’s airport has become an experience business, where the focus is changing from the provision of hardware (infrastructure and facilities) to a new emphasis on software (people, systems, processes and organizational effectiveness passengers). Airport operators must strive to offer passengers a memorable experience that is both unique and enjoyable. In addition the National Airport Master Plan (NAMP) study has been developed in July 2007 by Malaysia Airports with the support of Ministry of Transport and Ministry of Finance. This study is to set the direction for the future development of airports and aviation infrastructure in the country. The formulation of this master’s plan involved all relevant government agencies, MAHB, Malaysia Airlines, Air Asia as well as representatives of foreign airlines. This master plan can be used as a basic for the orderly construction and development of all airports including permanent Low Cost Carriers in Malaysia. While credit is an essential sales tool in today’s competitive environment for increased revenue and profit, credit management is equally an important process to ensure sound sales and maximize cash flow for operations. Cash is the lifeblood of every organization and managing the account receivables is part of total cash management for both frontline management and finance to the ensure availability of cash. Good credit management, with sufficient cash resources can help organizations accomplish almost anything whereby more revenue, more profit and more customers. So it is important to reviews credit risk management policies in order to make sure it should be consistent with the credit standards, changes in resources, overall financial strength and business conditions. It also to verify the effectiveness of procedures and controls as well as the reliability of information submitted. Furthermore, it is time to providing a framework for efficient cash management and business recovery under weak economic conditions. At the same time, learn on how to undertake basic cash management procedures to strengthen business liquidity and cash flows together to develop preventive action plans. Faculty of Business and Management 2009 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/25272/1/PPb_MOHAMAD%20SAFARIN%20AKMAL%20SORKAWI%20BM%20M%2009_5.pdf Sorkawi, Mohamad Safarin Akmal (2009) A study of collection and credit policy of receivable at Malaysia Airport Holding Berhad / Mohamad Safarin Akmal Sorkawi. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Commercial credit. Commercial loans. Credit management Financial management. Business finance. Corporation finance Cash position. Cash management
spellingShingle	Commercial credit. Commercial loans. Credit management Financial management. Business finance. Corporation finance Cash position. Cash management Sorkawi, Mohamad Safarin Akmal A study of collection and credit policy of receivable at Malaysia Airport Holding Berhad / Mohamad Safarin Akmal Sorkawi
description	Today’s airport has become an experience business, where the focus is changing from the provision of hardware (infrastructure and facilities) to a new emphasis on software (people, systems, processes and organizational effectiveness passengers). Airport operators must strive to offer passengers a memorable experience that is both unique and enjoyable. In addition the National Airport Master Plan (NAMP) study has been developed in July 2007 by Malaysia Airports with the support of Ministry of Transport and Ministry of Finance. This study is to set the direction for the future development of airports and aviation infrastructure in the country. The formulation of this master’s plan involved all relevant government agencies, MAHB, Malaysia Airlines, Air Asia as well as representatives of foreign airlines. This master plan can be used as a basic for the orderly construction and development of all airports including permanent Low Cost Carriers in Malaysia. While credit is an essential sales tool in today’s competitive environment for increased revenue and profit, credit management is equally an important process to ensure sound sales and maximize cash flow for operations. Cash is the lifeblood of every organization and managing the account receivables is part of total cash management for both frontline management and finance to the ensure availability of cash. Good credit management, with sufficient cash resources can help organizations accomplish almost anything whereby more revenue, more profit and more customers. So it is important to reviews credit risk management policies in order to make sure it should be consistent with the credit standards, changes in resources, overall financial strength and business conditions. It also to verify the effectiveness of procedures and controls as well as the reliability of information submitted. Furthermore, it is time to providing a framework for efficient cash management and business recovery under weak economic conditions. At the same time, learn on how to undertake basic cash management procedures to strengthen business liquidity and cash flows together to develop preventive action plans.
format	Student Project
author	Sorkawi, Mohamad Safarin Akmal
author_facet	Sorkawi, Mohamad Safarin Akmal
author_sort	Sorkawi, Mohamad Safarin Akmal
title	A study of collection and credit policy of receivable at Malaysia Airport Holding Berhad / Mohamad Safarin Akmal Sorkawi
title_short	A study of collection and credit policy of receivable at Malaysia Airport Holding Berhad / Mohamad Safarin Akmal Sorkawi
title_full	A study of collection and credit policy of receivable at Malaysia Airport Holding Berhad / Mohamad Safarin Akmal Sorkawi
title_fullStr	A study of collection and credit policy of receivable at Malaysia Airport Holding Berhad / Mohamad Safarin Akmal Sorkawi
title_full_unstemmed	A study of collection and credit policy of receivable at Malaysia Airport Holding Berhad / Mohamad Safarin Akmal Sorkawi
title_sort	study of collection and credit policy of receivable at malaysia airport holding berhad / mohamad safarin akmal sorkawi
publisher	Faculty of Business and Management
publishDate	2009
url	http://ir.uitm.edu.my/id/eprint/25272/ http://ir.uitm.edu.my/id/eprint/25272/1/PPb_MOHAMAD%20SAFARIN%20AKMAL%20SORKAWI%20BM%20M%2009_5.pdf
first_indexed	2023-09-18T23:14:25Z
last_indexed	2023-09-18T23:14:25Z
_version_	1777419016022786048

A study of collection and credit policy of receivable at Malaysia Airport Holding Berhad / Mohamad Safarin Akmal Sorkawi

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