This report discusses the role of accountants and the ethical dilemma in accounting. It provides an overview of different accounting roles, their information provision, and the similarities and differences between them. The report also explores the advantages and disadvantages of each role and justifies the need for a dedicated accounting function. Additionally, it addresses an ethical dilemma using the St James Ethics model and provides advice on the most appropriate business structure for different scenarios. This assessment task covers topics 1 to 2 and assesses the ability to define the role of accountants, explain how accounting can assist in decision-making, and employ research and report writing skills.