Ethical Conduct

Each professional certification requires adherence to a code of ethical conduct to retain certification.  I take this responsibility very seriously. 

Below are the Standards for Ethical Conduct from the Institute of Management Accountants (IMA) for CMAs & CFMs.

STANDARDS OF ETHICAL CONDUCT

COMPETENCE

  • Maintain an appropriate level of professional competence by ongoing development of their knowledge and skills.  
  • Perform their professional duties in accordance with relevant laws, regulations, and technical standards.  
  • Prepare complete and clear reports and recommendations after appropriate analyses of relevant and reliable information.

CONFIDENTIALITY

  • Refrain from disclosing confidential information acquired in the course of their work except when authorized, unless legally obligated to do so.  
  • Inform subordinates as appropriate regarding the confidentiality of information acquired in the course of their work and monitor their activities to assure the maintenance of that confidentiality.  
  • Refrain from using or appearing to use confidential information acquired in the course of their work for unethical or illegal advantage either personally or through third parties.

INTEGRITY

  • Avoid actual or apparent conflicts of interest and advise all appropriate parties of any potential conflict.  
  • Refrain from engaging in any activity that would prejudice their ability to carry out their duties ethically.  
  • Refuse any gift, favor, or hospitality that would influence or would appear to influence their actions.  
  • Refrain from either actively or passively subverting the attainment of the organization's legitimate and ethical objectives.  
  • Recognize and communicate professional limitations or other constraints that would preclude responsible judgement or successful performance of an activity.  
  • Communicate unfavorable as well as favorable information and professional judgements or opinions.  
  • Refrain from engaging in or supporting any activity that would discredit the profession.

OBJECTIVITY

  • Communicate information fairly and objectively.  
  • Disclose fully all-relevant information that could reasonably be expected to influence an intended user's understanding of the reports, comments, and recommendations presented.