1. Business Ethics
Decision-making is the primary job of a manager, accountant etc. and some may involve ethical dilemmas
Ethics  - moral principles; rules of conduct in a particular group/culture; values relating to human conduct; right, wrong, good, bad.  (ex., I shall not kill, I shall not steal, respect others, do unto others as I would want them to do unto me, etc.)

2. Business Ethics
Ethical behaviour - legal behaviour with implications from a variety of variables including the individual, social, and corporate priorities.

3. Business Ethics
Ethical dilemmas - situations faced by managers every day;  choice between alternatives in a situation that may result in personal/organizational benefit or may minimize losses to “save face”.

4. Why should accountants behave ethically?
it is required by the accounting governing bodies, and practicing professionals could lose their license if they behave unethically;
new societal push for corporate responsibility in this information age;
improved public image;
government and professional regulation will not need to increase;
employee/community pride will increase (less employee turnover);
finally and perhaps most importantly, as humans we should have respect for each other and treat others as we would want to be treated.

5. Ethical Decision-Making Model
Define the dilemma or problem.
List the facts including the stakeholders affected.
List your options or alternatives.
Evaluate and test the options: Is it legal? Does it meet the ICAO standards of professional conduct? Is it right?