Standards of ethical conduct
Article Abstract:
Management accountants should observe the highest standards of ethical conduct because this is their responsibility to the organizations they work for, their profession, the public and themselves. The Institute of Management Accountants has established standards of ethical conduct to help professionals maintain good ethical behavior. These standards are primarily focused on four areas: competence, confidentiality, integrity and objectivity. In case of ethical conflicts, management accountants should discuss these problems with their immediate boss except when this superior may be involved and seek clarification on pertinent issues through confidential communication with an objective advisor. If the issue is still unresolved after such steps have been taken, it would be best to resign.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1997
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Standards of ethical conduct
Article Abstract:
Management accountants should always adhere to the highest standards of ethical conduct. The Institute of Management Accountants (IMA) has issued several standards of ethical conduct to help management accountants maintain ethical benchmarks. These IMA-established standards are related to competence, confidentiality, integrity and objectivity. They also touch on the resolution of ethical conflicts. If the conflict cannot be resolved by the policies of clients, management accountants should discuss the problem with their immediate superior unless this person is involved, and should clarify pertinent concepts through confidential discussion with an objective advisor. If no resolution is at hand despite these actions, the management accountant should consider quitting the organization.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1996
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IMA adopts new governance structure
Article Abstract:
The Institute of Management Accountants (IMA) has adopted a new governance structure that is intended to facilitate decision-making and responsiveness, encourage volunteer participation, and clarify the division of authority between the staff and volunteer leaders. The separate Executive Committee has been replaced by a four-member Executive Committee of the Board of Directors. The new Executive Committee consists of the members of the IMA Office of the Chief Executive Officer, specifically by the organization's president, president-elect, chair and immediate former chair. Several committees and teams were also established, including three Committees of the Board, the Advisory Committee to the Board, Standing Committees, and advisory teams without a vote on Board.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1997
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Comment about this article or add new information about this topic:
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