1) Alfie adams is recently qualified internal auditor. He is being pressurised by Billy Boston, the senior internal auditor on the internal audit assignment that he is currently working on, to sign off the work programme for a section of the audit to which he (Alfie) was assigned although he has not completed all the work, so that the audit assignment can be done within budget. When Alfie protested, Billy informed him that, should he not do as he was instructed, he (Alfie) would receive a very poor report at his next performance assessment. 2) An internal auditor was approached by one of their clients, an insurance broker, requesting information about some of his other clients. The insurance broker agreed to pay for the information plus commission for any successful sale that will be made. Without hesitation, the internal auditor forwarded the information to the insurance broker. 3) A former debtors clerk performed a review of internal controls over the receivables cycle a few months after being transferred to the internal audit function. He also provided advice with regards to EFT system for credit payments refunded to customers. 4) An internal audit function was requested by the audit committee to conduct an engagement of the financial instruments as soon as possible. The engagement will include review of accounting statements including calculations; disclosure and controls to be put in place. They knew that the internal audit team did not possess the knowledge necessary to conduct such an engagement; however, the Chief Audit Executive decided to commence with the engagement. 5) Mr Andrews is an internal auditor at ABC Ltd. While doing internal audit work at the companys production facility, he is offered a position there by the production manager. If Mr Andrews accepts the offer (he has a month to decide), he will earn a significant higher salary than he is presently getting as an internal auditor. Comment on each of the above 5 scenarios in the light of relevant guidance contained in the code of ethics for internal auditors. For each scenario: i) Identify the issue(s) related to the internal auditor. ii) Link it to a principle(s) of ethics (integrity, objectivity, confidentiality, competency) and state the rule of the principle(s). iii) Outline how the matter should be handled to resolve the issue(s) that you have identified/correct soluction..