2.2 The company you recently joined and now work for as a finance manager has been involved in fraudulent financial reporting and underhand dealings in its service provision under its previous financial manager. A recent investigation discovered that these two aspects have been ongoing since the company was formed in 2001 and the finance department has been at the forefront of designing such fraudulent financial reporting and other underhanded schemes. The board has requested you to formulate internal controls and ethical guidelines and present these in a speech, at their next meeting, to ensure that the fraudulent financial reporting and underhand dealings will not occur in future or at least mitigate their occurrences in future