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According to the? IMA's Statement of Ethical Professional Practice ?,management accountants should follow four? standards: competence,? confidentiality, integrity, and credibility. Each of these standards contains
According to the? IMA's Statement of Ethical Professional Practice?,management accountants should follow four? standards: competence,? confidentiality, integrity, and credibility. Each of these standards contains specific responsibilities. Classify each of the following responsibilities according to the standard it addresses.
According to the lMAs Statement of Ethical Professional Practice, management accountants of the following responsibilities according to the standard it addresses Responsibility 1. Maintain an appropriate level of professional expertise by continually developing Com knowledge and skills. 2. Recognize and communicate professional limitations that would preclude Com responsible judgment or successful performance of an activity 3. Disclose all relevant information that could reasonably be expected Integ to influence an intended users understanding of the reports, analyses, or recommendation 4. Disclose delays or deficiencies in information, timeliness, processing, or interna Integr controls in conformance with organization policy and/or applicable law 5. Perform professional duties in accordance with relevant laws, regulations, and Credil technical standards 6. Abstain from engaging in or supporting any activity thatmight discredit he laedib profession 7. Refrain from engaging in any conduct that would prejudice carrying out duties ethical
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