David Little is a senor working at MYH and is part ofa 3-person team working on a client’s material loan applicationthat needs to be finished and delivered to the partner on Mondaymorning. The team are working all weekend to get it finished. Thereis a strong incentive for the team members, as a well prepared andsuccessful application will ensure that this major client isretained within the firm and raise the standing of the team membersin the firm. On Sunday morning, one of the team, John, calls insick. The rest of the team work harder and get the job done.  When David get home exhausted on Sunday night, his flatmate says,“I saw John and his girlfriend at that new restaurant in towntoday, I thought he was working in your team.”

What should David do? David doesn't think that it isfair if John gets the same kudos as the rest of the team when hedid not put in the same amount of effort but he is David's friend.David and John  play on the same touch football team and oftenspend time with each other after work and at weekends. Should Davidtell the partner or are there other options?

Required:

Outline the ethical issues and your decision using theAmerican Accounting Association decision model. Use the followingtemplate to guide your answer:

American Accounting Association Model

Decision making process

1. Determine the facts
The facts are ...
2. Define the ethical issues

3. Identify the major principles, rules and values

4. Specify the alternatives

5. Compare values and alternatives

6. Assess the consequences

7. Make your decision