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Discussion Board 1 The Institute of Management Accountants (IMA) Is the professional organization for managerial accountants. As the IMA starts its second century of existence,

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Discussion Board 1 The Institute of Management Accountants (IMA) Is the professional organization for managerial accountants. As the IMA starts its second century of existence, It is important to understand some of the key areas of focus. Since Ethics is one of those key areas, it would be a good place to start. So, complete the following... Step 1 - Review the following article Doing the Right Thing: IMA Updates Ethics Guidance Step 2 - Using the information provided in the article, discuss the importance the IMA places on Ethics and Ethical Accountant Behavior. Included in your discussion, you should address each of the following questions. Your discussion should be at least 500 words in length. 1. What are the IMA's four ethical principles? 2. What is the rationale for putting forth a code for ethical behavior? 3. If you had to choose, which of the four would you say is most important? 4. Does the IMA recommend any sort of action or action plan to resolve ethical issues ? *Copying the questions into your post does not go towards your word count. Step 3 - Respond to one other posting. Your response should be at least 100 words

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