answer no 5

5 [Solved] QUESTIONZTransmiIe: x o (1)METROPOINTCOLLEGE(BM1 x | + 7 X ( 9 C' i :oursehero.com/tutors-problems/Financial-Accounting/25429090-QUESTION-2-Transmile-Accounting-Fraud-and-Failure-in-Corporate-Govern/ 1'3: *- a 5 the BOD had authorized the Audit Committee to convene meetings with external auditors, excluding the attendance of the executive member(s) ot the Audit Committee, the public expects that the quality of monitoring would be increasedbut this was not the case. In 2010, Transmile became a Practice Note 17 company and its securities were suspended and delisted in 2011. Sources: Corporate Governance: Principles and Practices in Malaysia, Oxford You are required to: 1. Identity and explain who are the main characters. 2. Explain the ethical issues concerning each character. 3. Identity and explain three stakeholders who were affected by the above scenario. Support your answer how it is affected and what are the consequences on them. 4. Identifying what a "person of integrity" would do in this situation 5. The Board of Directors and the Audit Committee are supposed to be the safeguard to protect shareholders' interest in a company. In this case, have these groups failed to uphold their fiduciary and moral obligations? Evaluate. Answered by Expert Tutors Ask Expert Tutors You can ask 5 questions (will expire 63) .4; - n q 4:38PM I. x0 Type hereto search 0 El e H a a c A g J: E . do) ENG 10/3/2021 CI