Ethical considerations for management accounting and financial
Free IMA CMA Part 2 (Strategic Financial Management) lesson in Professional Ethics. 14 min read, ~2,116 words.
The IMA Statement of Ethical Professional Practice has four overarching principles (Honesty, Fairness, Objectivity, Responsibility) and four standards (Competence, Confidentiality, Integrity, Credibility). Resolution path for an ethical conflict: immediate supervisor first, escalate up the chain (skip the supervisor only if they are involved), use the board or audit committee as...
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What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Key Takeaways
- Exam Shortcuts
Learning objectives
- 2F2
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