what would be the argument

Susan Smith (the company accountant) has been approached by XYZ Ltd, a major client of Wellbuilt Pty Ltd, with a business proposal that appeared too attractive to refuse. Susan incorporated her own company to enter this contract. Her company made a profit of $1 million for the last financial year. The directors and shareholder are furious and propose to pass a resolution at the upcoming meeting to remove Susan from her position as accountant to Wellbuilt Pty Ltd

The issue is was there a conflict of interest in her work with the company?
Did she use her position to steal company business?
Not enough facts here to decide.

To determine whether there was a conflict of interest in Susan Smith's actions and if she used her position to steal company business, we need to analyze the provided information carefully.

1. Identify potential conflict of interest: Susan Smith, the company accountant of Wellbuilt Pty Ltd, was approached by XYZ Ltd, a major client of Wellbuilt, with a business proposal. Instead of conducting the transaction through Wellbuilt Pty Ltd, Susan incorporated her own company to enter into this contract. The fact that this business proposal appeared too attractive to refuse raises the question of whether Susan prioritized her own interests over those of Wellbuilt.

2. Assess the impact on the company: Susan's independent company made a profit of $1 million in the last financial year. The information does not explicitly state if Wellbuilt Pty Ltd suffered any financial loss or other negative consequences due to Susan's actions. However, the directors and shareholders being furious suggests a potential negative impact on the company, which may be a result of a conflict of interest or the alleged stealing of company business.

3. Evaluate if Susan used her position to steal company business: Although the information provided does not clearly indicate whether Susan directly used her position as the company accountant to steal company business, the fact that she incorporated her own company to conduct the transaction raises suspicions. Further investigation would be required to determine if there was any misuse of privileged information or exploitation of her position for personal gain.

4. Need for additional information: Based on the given information, it is difficult to conclusively determine the presence of a conflict of interest or whether Susan unequivocally stole company business. To make a clear judgment, we would need more details about the nature of the proposal, the terms of the contract, any potential harm caused to Wellbuilt Pty Ltd, and any other relevant facts or actions by Susan.

In summary, while the information provided suggests there may be a conflict of interest and potential misuse of her position, additional facts are needed to make a definitive argument. Without further information, it is not possible to conclusively decide if Susan had a conflict of interest or if she used her position to steal company business.