Question

Assume that you are a cost accountant who is a member of the institute of management accountants (ima). if you are faced with an ethical conflict, what should you do?

Answer 1

The answer is "Follow the established policies that deal with them and, if the policies do not resolve the conflict, you should consider discussing the matter with superiors."


Management accountants ought to carry on morally. They have a commitment to take after the most astounding gauges of moral obligation and keep up great expert image. 
The Institute of Management Accountants (IMA) has created four guidelines of ethical professional conduct.
1. Competence2. Confidentiality3. Integrity4. Credibility