Amlwch, Hall You work as an audit senior for Conwy Accountants and Partner; the firm has ten offices located in North Wales. The practice has many large client's, including companies listed on the London Stock Exchange. One particular client, Amlwch, Hall, a chain of luxury hotels, spa and restaurants has built a fantastic reputation and seen steady growth and diversified by acquiring companies that can offer more tourists packages; i.e., clay pigeon shooting, walking tours to Snowdon, rib rides to castles and islands. Amlwch Hall has been a client of the firm for almost 15 years; your firm provides a range of services for this client; consultancy on all acquisitions, statutory audit, and other consultancy work, such as tax planning. Furthermore, recently, the firm has also started to provide tax planning for some individual directors. You have worked as an audit senior at Conwy Accountants for almost ten years; a year ago you were approached by the CEO of the Amlwch Hall: offered the role of the Finance Director. At the time you declined as you were expecting a promotion at Conwy Accountants and Partners. The promotion did not translate. Two months ago, you took the role of Finance Director at Amlwch Hall. Required: a) Examine the professional and ethical issues highlighted in the above scenario and identify the safeguards Conwy Accountants and Partners should implement to mitigate possible threats which might influence their objectivity. (10 marks) b) Outline the significance of ethical values such as objectivity, independence, and integrity, of auditors in relation to enhancing public perception and confidence. (5 marks) (Total 15 marks)