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Ikhlas Berhad's principal shareholders and directors are Kasim and John. Kasim transferred a contract intended for Ikhlas Berhad to a different companywhere his wife holds

Ikhlas Berhad's principal shareholders and directors are Kasim and John. Kasim transferred a contract intended for Ikhlas Berhad to a different companywhere his wife holds a majority stake. The company's auditor was then named by the directors to be Daniel, John's son. Daniel lacked both auditing and accounting skills and knowledge. Minority shareholder Carl, who is disappointed, asks your opinion. (20%)

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