Can you help me to answer all the question? Thank you

"We have had Paige & Gentry as our audi- really hard. You are a qualified accountant: tors for many years, haven't we, Jane? They how can we handle this?" have been here since I became president "Well, Bob, we could have some infor- two years ago." mal discussions with other auditors- "Yes, Bob. I have been the CFO for maybe even the ones at your old seven years, and they were here before I companyto see how they would handle came. Why do you ask?" issues like these. The word will get around "Well, they were really tough on us to Bill, and he may be more accommodating during the recent discussions when we in the future and will probably shave his were finalizing our year-end audited proposed audit fee for next year when he statements-not at all like I was used to meets with our Audit Committee next at my last company. When we asked for a month. If you really wanted to play hardball, little latitude, our auditors were usually we could talk the Audit Committee into call- pretty obliging. Frankly, I'm a little ing for tenders from new auditors. After all worried." this time, it's logical to check out the mar- "Why, Bob, we had nothing to hide?" ket anyway. We would have advance dis- "That's true, Jane, but let's look ahead. cussions during which we would sound We're going to have difficulty making our them out on how they would assess mate- forecast this year, and our bonuses are on riality in our company's case. Our audit the line. Remember, we renegotiated our fee in getting pretty large-almost salary/bonus package to give us a chance $50,000 this year-so some big firms will at higher incentives, and we have to be be really interested." careful." "Jane, let's play hardball. Get a list of "Looking ahead, we've got a problem with audit firms together for the tender process, obsolete inventory that's sure to come to and I will approach the Audit Committee. require discussion for a second year in a Be sure to list some small firms, including row. We've got the warranty problem with Webster & Co, the firm auditing my old the electrical harness on the mid-range company." machine, which is going to cost us a bundle, but we want to spread the impact over the Questions next three years when the customers discover 1. Who are the major stakeholders the problem and we have to fix it up. And involved in this situation? don't forget the contaminated waste spill we 2. What are the ethical issues involved? just had-how much is that going to cost to clean up, if we ever get caught?" 3. Is this situation unethical? Why and "These are potentially big ticket items. why not? Bill Paige, the guy who is in charge of our 4. What should Jane do if Webster & Co. audit, is not going to let these go by. He looks like the choice the Audit Com- said the inventory problem was almost mittee will make and recommend to material this year, and we had to argue the board of directors