Ethics For each of the following situations, state which of the fundamental principles have been breached: 1 making a materially false statement 2 two accountants on a plane after a few beers...

Ethics For each of the following situations, state which of the fundamental principles have been breached: 1 making a materially false statement 2 two accountants on a plane after a few beers discussing future plans of a taxation client 3 owning shares in an audit client 4 advertising that your firm’s clients have fewer tax audits than clients of other firms 5 not providing adequate training for your audit staff