Scenario 1: As part of your coursework on ethics in accounting, you are given a scenario where you need to analyse and apply codes of ethics. The scenario involves a situation where an Accountant is faced with a conflict of interest, as they are asked to provide financial advice to a client while also having a personal financial interest in the client's business. Scenario 2: In an ethics lecture, the instructor discusses various ethical theories that can guide decision-making in accounting. They explain consequentialist theories, such as utilitarianism, as well as deontological theories, such as Kantian ethics. Scenario 3: You are studying the concept of ethical leadership in accounting. The course material highlights the principles and characteristics of effective ethical leadership, such as integrity, transparency, accountability, and setting a positive example for others. Scenario 4: You work as an Internal Auditor for a financial institution. During an audit, you uncover irregularities in the financial statements that indicate fraudulent activities by a Senior Executive. The challenge is to report ethics-related issues to higher levels of management, legal or regulatory authorities, or others when appropriate. 2.1 With reference to Scenario 1, analyse and apply codes of ethics, including values and threats to fundamental principles, in the given scenario. 2.2 With reference to Scenario 2, demonstrate an awareness of ethical theories and explain how consequentialist and deontological theories can guide decision-making in accounting. 2.3 With reference to Scenario 3, explain the meaning of ethical leadership and identify the principles and characteristics of effective ethical leadership. 2.4 With reference to Scenario 4, discuss what are the appropriate actions you should take to address the ethics-related issues in order to fulfil your reporting responsibilities. Your discussion must include reporting ethics-related issues to higher levels of management, legal or regulatory authorities, or others when appropriate