Case Analysis Using the
Stakeholder Impact Analysis
To Qualify or Not to Qualify
Worksheet for the Ethical Decision Making: using the SIA Framework
How to go about doing the SIA: Just follow the instructions in this booklet
What is SIA Framework: This is a framework involving how a proposed action/decision would impact upon stakeholders.
Why use this Framework: When a person is faced with a problem (ethical problem), he needs some kind of ethical principles to arrive at a defensible ethical decision & this framework would help him arrive at that decision (in a systematic way).
How: By using this 3-in-1 questioning package
5 Questions Approach (created by Graham Tucker the 5 types of question vary from the short term to long term & from a quantitative to a qualitative aspect)
Moral Standard Approach (created by Velasquez to test for the morality of the action)
Pastin Approach (created by Pastin to test differing ethics approaches)
Background of case:
Issues from the case
STEP 1: PROTECT THE FUNDAMENTAL INTEREST OF STAKEHOLDERS
Identify all the stakeholders in the case
(Add more if necessary)
Bear this in mind when making the decision:
When I make the decision I must ensure that:
The decision should give more b_______ than c____/ b_____ to the stakeholders
The distribution of benefits and C____/ b____ should be f_____ to all stakeholders
The decision should not of_______ the rights of st__________ & the deci_______ maker
Describe the proposed decision in the case:
To add back $150,000 to the inventory …..
Step 3: THE 5-Questions by Graham Tucker
Challenge the proposed decision described in Step 2 by answering these 5 questions:
Discuss your thoughts
Ethical or Not Ethical
Is the decision profitable?
To the audit firm
To the client
(a short term perspective)
Is the decision legal?
Is the decision fair to decision maker (The Audit Firm) & the stakeholders? (social values)
Is it the right thing to do? (Personal Values: personal beliefs & responsibility)
Note: If it is the right thing to do, then you can go home & proudly tell your parents about it!
Does the proposal provide the highest benefit to all & would it benefit stakeholders in future? Would it bring about future sustainability? Is it sustainable development? (environmental values)
Referring to responses to all the 5 questions above, is the proposal Ethical or Not.
(In order for the proposal to be ethical all 5 answers should be ethical).
STEP 4: The MORAL STANDARD Approach (by Velasquez)
Unlike the 5-Q that looks at profit, this approach looks at the net benefits. It builds directly on the three fundamental interests of the stakeholders: W
Test the proposed decision using the three moral standards JUI: The Moral Standard
Evaluate & discuss
Did the decision go against the moral standard?
The Moral Standard of JUSTICE
(Would the proposed decision lead to a fair & just distribution of Benefit & _______n?)
The Moral Standard of UTILITARIAN
(Would the decision maximize Benefits & minimize B________?)
The Moral Standard of Individual Rights
(By taking that proposed decision would the rights of all those concerned be respected & protected?)
From the above evaluation, is the proposed decision
ETHICAL OR NOT ETHICAL?
(In order for the proposal to be ethical the action must comply with all three moral standards)
STEP 5: The PASTIN’S Approach
Test the proposed decision using the 4 key aspects of ETHICS: GERS The Key...
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