(C) Generally someone with power such as a director of company will request an employee or subordinate to perform an action which is not justified by accounting standards or is not morally acceptable. This is done to present the financial statements in a more favourable light. In preparing the financial statements or advising on corporate reporting, a variety of ethical problems may arise. Required: Discuss the ethical considerations in financial reporting and the possible circumstances that may threaten the accountant's ethical considerations in performing his or her duties. (9 marks) [Total: 25 marks)