Case You have just graduated from university and have become a provisional chartered accountant member of Chartered Accountants Australia and New Zealand. Your new job as a financial accountant in a clothing merchandising organisation required you to conduct periodic stock-takes to verify the perpetual inventory information which regards to how much inventory should be on the shelves and in the storeroom. Your stocktake has found significant discrepancies between what is written in the records and what is actually on the shelves and in the storeroom. The store manager informs you to ignore the discrepancies and to write down the value as damaged goods that have been written off. He informs you that it was standard practice and had been done by the previous financial accountant. He recommends strongly that you should follow his advice as you are new to the position and as such unaware of the culture of the organisation. Further investigations reveal that the store manager and some of the employees had been taking stock home without making any payments. Required: Analyse this case using the American Accounting Association seven step model for ethical decision making. You must clearly identify each of the seven steps in your answer.