The American Accounting Association model provides a framework within which an ethical decision can be made.
The seven question in the model are:
(1) What are the facts of the case?
(2) What are the ethical issues in the case?
(3) What are the norms, principles and values related to the case?
(4) What are the alternative courses of action?
(5) What is the best course of action that is consistent with the norms, principles and values identified in step 3?
(6) What are the consequences of each possible course of action?
(7) What is the decision?
