According to the IMA's Statement of Ethical Professional Practice, management accountants should follow four standa the standard it addresses. Responsibility Standard Maintain an appropriate level of professional expertise by continually developing knowledge and skills. 2. Recognize and communicate professional limitations that would preclude responsible judgment or successful performance of an activity. 3. Disclose all relevant information that could reasonably be expected to influence an intended user's understanding of the reports, analyses, or recommendations 4. Disclose delays or deficiencies in information, timeliness, processing, or internal controls in conformance with organization policy and/or applicable law 6. Perform professional duties in accordance with relevant laws, regulations, and technical standards 6. Abstain from engaging in or supporting any activity that might discredit the profession . Refrain from engaging in any conduct that would prejudice carrying out duties ethically 8 Povide decision support information and recommendations that are accurate