One of your colleagues at FUI named June is concerned whether what she has done something wrong or not

at work. June is a management accountant working at FUI, and one of June's close family members owns a

small company, Company A, which provides service to FUI. When preparing the performance report for the

service providers, June noticed Company A was underperforming, and it was likely to have its contract

terminated by FUI. Before finalising the performance report, June calls her relative and tells him regarding the

report she is preparing, and the risk Company A might have its contract terminated. She also tells her relative

what the other service providers are doing for avoiding being underperforming and keeping their contracts

with FUI.

Required

Please state two of the ethical standards, as provided by the Institute of Management Accountants (IMA)

Statement of Ethical Professional Practice1, which are being jeopardized and justify why these two standards

are being jeopardized. Please explain how June could help her relative without jeopardizing these two ethical

standards. (For an answer with more than two ethical standards the first two standards will be marked, and

the remainder will be ignored).