Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For each of the situations listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that is violated (competence, confidentiality, integrity, or

image text in transcribed

For each of the situations listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that is violated (competence, confidentiality, integrity, or credibility) Situation Primary Standard Violation Chris is asked to prepare the GRI report for the year, but he has not attended GRI training. He decides to muddle his way through the report George is frustrated because he feels that his company is not moving fast enough to adopt sustainable practices and GRI reporting. He talks to a reporter about some potential environmental fines the company might receive, thinking that if the company is embarrassed publicly, it will move faster on sustainability initiatives. Kayleigh does not disclose that her brother is the president of the consulting firm her organization is hiring for some GRI reporting work Cynthia is a staff accountant at Briar Industries Since Briar's GRI report is not audited, Cynthia omits a few numbers that, if published, would cause Briar to look less environmentally friendly. Cynthia figures that she is not likely to get caught and the report is not required Marcia skipped attending her company's training on GRI reporting because, even though she was required to go, attendance would not be taken. 2. 3. 5. For each of the situations listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that is violated (competence, confidentiality, integrity, or credibility) Situation Primary Standard Violation Chris is asked to prepare the GRI report for the year, but he has not attended GRI training. He decides to muddle his way through the report George is frustrated because he feels that his company is not moving fast enough to adopt sustainable practices and GRI reporting. He talks to a reporter about some potential environmental fines the company might receive, thinking that if the company is embarrassed publicly, it will move faster on sustainability initiatives. Kayleigh does not disclose that her brother is the president of the consulting firm her organization is hiring for some GRI reporting work Cynthia is a staff accountant at Briar Industries Since Briar's GRI report is not audited, Cynthia omits a few numbers that, if published, would cause Briar to look less environmentally friendly. Cynthia figures that she is not likely to get caught and the report is not required Marcia skipped attending her company's training on GRI reporting because, even though she was required to go, attendance would not be taken. 2. 3. 5

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Medicare Recovery Audit Contractor Program A Survival Guide For Healthcare Providers

Authors: Duane C. Abbey

1st Edition

1439821003, 978-1439821008

Students also viewed these Accounting questions

Question

Identify the main sources of stress and how it affects health.

Answered: 1 week ago

Question

6. Identify seven types of hidden histories.

Answered: 1 week ago

Question

What is the relationship between humans and nature?

Answered: 1 week ago