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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.
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STANDARDS OF ETHICAL CONDUCT
COMPETENCE
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Maintain an
appropriate level of professional competence by ongoing
development of their knowledge and skills.
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Perform
their professional duties in accordance with relevant laws,
regulations, and technical standards.
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Prepare
complete and clear reports and recommendations after appropriate
analyses of relevant and reliable information.
CONFIDENTIALITY
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Refrain from
disclosing confidential information acquired in the course of
their work except when authorized, unless legally obligated to do
so.
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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.
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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
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Avoid actual
or apparent conflicts of interest and advise all appropriate
parties of any potential conflict.
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Refrain from
engaging in any activity that would prejudice their ability to
carry out their duties ethically.
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Refuse any
gift, favor, or hospitality that would influence or would appear
to influence their actions.
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Refrain from
either actively or passively subverting the attainment of the
organization's legitimate and ethical objectives.
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Recognize
and communicate professional limitations or other constraints that
would preclude responsible judgement or successful performance of
an activity.
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Communicate
unfavorable as well as favorable information and professional
judgements or opinions.
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Refrain from
engaging in or supporting any activity that would discredit the
profession.
OBJECTIVITY
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Communicate
information fairly and objectively.
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Disclose
fully all-relevant information that could reasonably be expected
to influence an intended user's understanding of the reports,
comments, and recommendations presented.
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