1. I- 1 Prepared by Coby Harmon University of California, Santa Barbara Westmont College

2. I- 2 I Standards of Ethical Conduct for Management Accountants Appendix Management accountants have an obligation to the organizations they serve, their profession, the public, and themselves to maintain the highest standards of ethical conduct. In recognition of this obligation, the Institute of Management Accountants (IMA) has published and promoted standards of ethical conduct for management accountants.

3. I- 3 IMA Statement of Ethical Professional Practice Members of IMA shall behave ethically. A commitment to ethical professional practice includes: overarching principles that express our values, and standards that guide our conduct. Principles  Honesty  Fairness  Objectivity  Responsibility Standards  Competence  Confidentiality  Integrity  Credibility

4. I- 4 IMA Statement of Ethical Professional Practice Resolution of Ethical Conflict Follow your organization’s established policies. If these policies do not resolve the ethical conflict, you should consider the following:  Discuss issue with immediate supervisor.  If you cannot achieve resolution, submit issue to the next management level.  Clarify ethical issues by initiating a confidential discussion with an IMA Ethics Counselor or other impartial advisor.  Consult your own attorney.

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