Georgie Statheos is an audit manager for Spurgeon and Wesley Chartered Accountants (S&W). Georgie has been informed that the firm has plans to promote her to partner so long as she continues her good work. Georgie has an array of talents that the firm admire. Georgie has bought a new house, is a member of various clubs and generally confident about the future. Georgie is assigned to the audit of DeYoung Ltd (DY), one of S&Ws biggest clients. DY use a questionable method of recognising intangible assets which has been investigated by ASIC. Georgie concludes the method is not appropriate for DY. Georgie discusses the matter with the senior audit partner. The senior audit partner tells Georgie that the method has been used for 10 years and is appropriate. The partner is also of the view that S&W will lose DY as a client if they are challenged about the use of this method. Georgie argues that while the method was okay in the past, the ASIC investigation has changed matters. Georgie then tells the partner she accepts her decision but plans to include a dissenting statement in the audit working papers. The partner tells Georgie she is not willing to permit such a statement, but that she is willing to write a letter to Georgie acknowledging full responsibility for the audit. The audit partner concludes by informing Georgie that she is not comfortable with making her an audit partner and that she needs to grow up. Required Using the AAA ethical decision model, as outlined below, explain the ethical issues involved here and recommend a course of action for Georgie. Determine the facts Ethical issues Identify the major principles, rules, and values Specify the alternatives Compare values and alternativeclear alternative? Assess the consequences Make a decision