Accounting Ethical Issues & Fraud

1. Please describe two ethical issues associated with the preparation of the statement of financial position.  How does an accountant resolve these ethical issues?

2. What types of fraud occur when financial statements are misstated? How does an accountant avoid engagin in fraudulent actions?

Find a case on the internet where an accountant or an accounting firm was convicted of fraud and report on it to the class. 

Please No Plagerism or verbatim.