Question
Ms. Kangana Ranaut was appointed as auditor for Ranggoli Productions Sdn. Bhd. During the course of auditing, she discovered some discrepancies in the companys account.
Ms. Kangana Ranaut was appointed as auditor for Ranggoli Productions Sdn. Bhd. During the course of auditing, she discovered some discrepancies in the companys account. Rumours were circulating for months that Mr. Javed Akhtar, the accounts manager had misappropriated the companys cash flows for his own personal use.Ms. Kangana Ranaut decided to lodge a report on the discrepancies and the rumours about Mr. Javed Akhtar. Ms. Kangana Ranaut seeks your advice as she fears that she will be sued for defamati on if the reports against Mr. Javed Akhtar turned out to be untrue.
Advise Ms.Kangana Ranaut on how to address this matter and her rights as an auditor and provide relevant cases based on Companies Act 2016 (Malaysia). (25 Marks)
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