Copperlink Ltd. Is a closely held investment firm that has been very successful over the past five years. It has rewarded its employees with generous bonuses of 50% for senior managers and 100% for the CEO (Chief Executive Officer) and the CFO (Chief Financial Officer). These bonuses are expected to continue. Recently the senior management team at Copperlink learned that a large corporation is interested in acquiring the company. Although senior management holds 40% of the common shares, managers are worried that if an attractive offer is made to the shareholders, they would not be able to prevent the takeover. If the takeover occurs, managers are uncertain of their future employment and/or bonuses. As a result, the senior management team is considering changes to the company's accounting policies. These changes would make the company a less attractive acquisition target and would not be in accordance with generally accepted accounting principles. The controller for the company, Lloyd Sun, has been instructed to make these accounting changes. Sun has also learned that the senior management team does not intend to disclose these changes to anyone outside of the senior group. Required: Using the CPA Code of Professional Conduct, thoroughly analyze the ethical issues raised in this situation. As Lloyd Sun, what specific steps would you take to resolve the situation? Explain your rationale for these actions.