posted by Nina
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.