published by CIMA (2017), to produce a written memorandum that addresses the following questions: 1. Determine whether there is an ethical issue for you in this scenario. Within your answer apply the Code's fundamental principles/standards (i.e. integrity, objectivity, competence and confidentiality) to the case data and explain whether each is relevant for determining Lila's ethical position. 2. Identify the relevant stakeholders and state how they are impacted by the issue. 3. Briefly discuss the range of solutions that Lila could use to resolve the situation and explain the most appropriate course she should adopt. Use the "Grading criteria" below to organize or memo. Do not construct your memo as "Answer to the question 1, 2..." Grading Criteria Criteria Allocated Points Deduction Cover page 1 Background information 2 Identify the ethical dilemma 5 Identify the impact on relevant stakeholders 5 Apply the IMA or CIMA Ethical Codes to analyze the 12 issue and identify Lila's ethical responsibilities in this scenario Review alternative course of action and identify Lila's 10 most appropriate response Organization format, spelling and grammar 3 In-text referencing and reference list 2 Total 40 References: IMA (2017) Statement of Ethical Professional Practice, Montvale: IMA, Available from: https://www.imanet.org/-/media/b6fbeeb74d964e6c9fe654c48456e61f.ashx, [Accessed July 15, 2019] Also see the "Role of Ethics in Accounting and Business" in Chapter 1 of the Warren et al textbook. CIMA (2017) Code of Ethics for Professional Accountants, London: CIMA, Available from: https://www.cimaglobal.com/Documents/Ethics/CIMA%20Code%20of%20Ethics%202017.pdf [Accessed July 25, 2019] The Code's fundamental principles are outlined on page 4. CIMA also provides an ethical checklist when applying its Code: http://www.cimaglobal.com/Global/Images/standards-and- ethics/ethics_checklist_web_June2015_update.pdf Requirement on the next page: Requirements: Font size should be 11 or 12, line spacing 1.5 and use proper headings and sub-headings where required (you may refer to the "Criteria" provided in the table below to organize your headings/sub-headings) 5