Question 3 E1: PC1.3 As the new audit manager, you have received a complaint from a client stating that one of the assistant auditing consultants has shared their confidential information with another company. When talking to the assistant, she stated that she only provided the telephone number of the company. Upon further questioning, you discover that the assistant auditor does not have a clear understanding of professional ethics within auditing. Refer to the following ethical problems and explain to the assistant the importance of these principles. E1:PC1.3 (6 marks) Ethical problem Ethical Purpose of principle the ethical principal 2 marks a) One of the managers has offered the auditors an all-expenses paid holiday as a thank you for the work they are going to do. b) Ali is an auditor in your audit team and has been working on the payroll. You were both invited out to lunch with your manager and Ali left his desk with all of the files for Happy Apple Ltd still open