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1. Bingodream is being audited by Pooldream auditors. Pool dream auditors has an accounting department that helps Bingodream prepares its financial statements. Additionally, Bingodream is

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1. Bingodream is being audited by Pooldream auditors. Pool dream auditors has an accounting department that helps Bingodream prepares its financial statements. Additionally, Bingodream is owned by Som Ringo and Pooldream is owned by Una Ringo the wife Som. a.In term of the CPC please identify (10) i. Ethical issues you identified in the information above ii. For all ethical issues identified 1. State the principles that apply 2. Explain why they apply 3. Identify the threats that are applicable 4. Identify some safeguards b.Identify and explain any other ethical concerns in terms of any other codes and legislations. (5) 3.The following is some information on the LILAN holdings LTD, a conglomerate of retail, manufacturing, and logistics companies: Position Name Additional Info Chairman of the board Director male Director male Director male Bongani Luke Julian Coetzee Johnny Shapang Lilian Grade Holds 6 other directorships Was the CEO in 2019 Son in law of Bongani Received bonus based on performance as the CFO Former teller at a local retailer. These are the lawyers of the company. Director male Ashley Matanga Lawyers Hambelela Paulus and partners Company secretary Julian Paulus Has been the secretary for 5 Auditors Every cent matters years Every cent matters also provides accounting services to LILAN Holdings All of the individuals above serve on the committees which are the nomination and remuneration committees as well as the board overall. Please comment on any concerns you may have in terms of Namcode, Companies act and Code of Professional conduct. (20)

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