Taken from the Institute of Management Accountants’ Statement of Ethical Professional Practice
Overarching principles include Honesty, Fairness, Objectivity and Responsibility.
1. Competence
a. Maintain an appropriate level of professional expertise by continually developing knowledge and skills
b. Perform professional duties in accordance with relevant laws, regulations, and technical standards.
c. Provide decision support information and recommendations that are accurate, clear, concise and timely
d. Recognize and communicate professional limitations or other constraints tat would preclude responsible judgment or successful performance of an activity
2. Confidentiality
a. Keep information confidential except when disclosure is authorized or legally required
b. Inform all relevant parties regarding appropriate use of confidential information
c. Refrain from using confidential information for unethical or illegal advantage
3. Integrity
a. Mitigate actual conflicts of interest. Advise all parties of any potential conflicts
b. Refrain from engaging in any conduct that would prjudge carrying out duties ethically
c. Abstain from engaging in or supporting any activity that might discredit the profession
4. Credibility
a. Communicate information fairly and objectively
b. Disclose all relevant information that could reasonably be expected to influence an intended user’s understanding of reports, analysis or recommendations
c. Disclose delays or deficiencies in information, timeliness, processing or internal controls in conformance with organization policy and/or applicable law.
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