Question

What are advantages of AAA decision making model over Hartman, Longstaff, and Baird decision making models?

Answer 1

The AAA model invites the decision maker to explicitly outline their norms, principles, and values. The American Accounting Association model provides a framework within which an ethical decision can be made.

The seven steps involoved in the model which keep this model seperate from others are:

1) Establishing the facts of the case.

2) Identify the ethical issues in the case.

3) An identification of the norms, principles, and values related to the case.

4) Each alternative course of action is identified.

5) Matching norms, principles, and values to options.

6) The consequences of the outcomes are considered.

7) The decision is taken.

The other models doesn't take into consideration an identification of the norms, principles and values related to the case.

This model works on the fact, for example if an auditor has an issue with client over personality conflict, this model will take that into consideration.