Ethics (8 marks) Jerry is an accountant at Honest Electronics. Jerry discovered a misstatement that significantly overstated the profitability in this year's financial statements. The financial statements have been prepared for the purpose of obtaining additional capital from investors. Jerry informed the manager, Mr Kickback, that the financial statements need to be corrected before being released to the investors. Mr Kwikbuck stated that he did not want the financial statements to be changed, because he thought that the investors would not support the business if the real financial position of Honest Electronics was known. Answer the following questions in the spaces provided below. 1. Who are the stakeholders? List at least four of them. (2 marks) 2. What are the ethical issues? List and explain at least two issues. (2 marks) 3. What would you do if you were Jerry? List and explain at least two options for Jerry. (2 marks) 4. With reference to APES 110 Code of Ethics for Professional Accountants, discuss at least two relevant fundamental principles in this case. (2 marks)