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Exercise 2: (4.0 marks) Please read the following situation and make an ethical consderation as required below: You are employed as an accounting systems manager. During your work you overhear a financial controller in one department saying that she has not been disclosing certain things to the auditor. You do not know whether to believe this but are uneasy, as the culture appears to be one of getting away with as much as possible'. In addition, you have heard that a bribe was paid to an overseas company to secure work. You are uneasy about the situation and worried that a poor relationship with your line manager may prevent you from exploring the accuracy of the information that you have received. What would you do in this situation? Requirement: 1. Identify the key fundamental accounting ethics principle(s) affected (According to ACCA Code of Ethics) 2. Identify affected parties in this situation. 02/2021 tut 3. Who should be involved in resolution? 4. Suggest possible course of action. Exercise 2: (4.0 marks) Please read the following situation and make an ethical consderation as required below: You are employed as an accounting systems manager. During your work you overhear a financial controller in one department saying that she has not been disclosing certain things to the auditor. You do not know whether to believe this but are uneasy, as the culture appears to be one of getting away with as much as possible'. In addition, you have heard that a bribe was paid to an overseas company to secure work. You are uneasy about the situation and worried that a poor relationship with your line manager may prevent you from exploring the accuracy of the information that you have received. What would you do in this situation? Requirement: 1. Identify the key fundamental accounting ethics principle(s) affected (According to ACCA Code of Ethics) 2. Identify affected parties in this situation. 02/2021 tut 3. Who should be involved in resolution? 4. Suggest possible course of action