(a) Explain why each of the following actions appears to be in conflict with fundamentalethical principles

(i)An advertisement for a firm of accountants states that their audit services are cheaper and more comprehensive than a rival firm;

(ii)An accountant prepares a set of accounts prior to undertaking the audit of those accounts;

(iii)A director discusses an impending share issue with colleagues at a golf club dinner;

(iv)The finance director attempts to complete the company's taxation computation following the acquisition of some foreign subsidiaries;

(v)A financial accountant confirms that a report on his company is correct, even though the report omits to mention some important liabilities.