NB subject name is Financial reporting 2

kindly answer in microsoft word

DESA BHD is listed company engaged in prewiding brokerage services in Kuala Lumpur and Bangkok. The External Auditor has raised several issues that need to be addressed by DESA BHD as a) During thc One of its has sued DESA BHD Claiming Onc of the employees has not acted to the directicms Which in a loss Of RMSOO,OOO. The phone call rvxords prmidc evidence that the employee has not acted to the dircvticms_ DESA BHD for out of Court settlement but the Client is insisting for full claim. company has not provided for the litigation cost at thc year end. b) Due to severe losses and IOW volumes on Stock markets. the board Of directors has decided to down onice at Bangkok Exchzmge nd to make all the employees Of the The has been announce by the year end and the he estimated cost of redundancy is RM200.O(K). c) DESA BHD has taken loan from a bank Of using its investment in as Duc to heavy DESA BHD has a default in Of interest principal repayment. The b'mk has transferred the Shares and have filed suit for Of the balance amount. DESA has not derecognized the investments and loan stamls at the value of AS the Chief Of DESA BHD. you need to the explanation Of how you are going to for these events and the required in thc financial statement in to FRS 1 37. ( 1 5 marks)