Section C-Answer all questions Question 01 Ethical leadership has a critical role in providing adequate support systems and structures, including the "culture" and the ethical "tone at the top" exerting a positive influence. Leadership within auditing firms has been questioned over the past decade due to the number of business scandals and failures. The auditing profession long considered the guardians for investors, creditors and other stakeholders in the financial reporting arena has, as in the past, been perceived to have failed in its guardian tasks. a. Discuss with suitable example, how the failure of ethical leadership in audit firms will encourage unethical practices. (15 marks- Maximum 300 words) b. Evaluate the importance of transformational leadership in auditing firms to successfully respond to ever changing business environment. (15 marks Maximum 300 words)