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Week 2 Acc 114 Discussion Question 100 150 word with reference belowEthics and Financial StatementsThe accounting profession has been impacted by several corporate scandals in recentyears. Discuss the importance of the role of Ethics in accounting by examining firmssuch as EnronÂ®, World ComÂ® and JP MorganÂ®. Use library data to researchinformation about each scandal and its impact on accounting ethics.Weygandt, J. J., Kimmel, P. D., Kieso, D. E. (2015-01-05). Accounting Principles, 12th Edition.[VitalSource Bookshelf Online]. Retrieved fromhttps://kaplan.vitalsource.com/#/books/9781119034360/