The standards of ethical conduct for practitioners of management accounting and financial management contains a policy regarding confidentiality that requires that management accountants<u> refrain from disclosing </u><u>confidential information</u><u> acquired in the course of their work except when authorized by management, unless </u><u>legally </u><u>obligated to do so.</u>
What are the ethical standards of management accounting?
The Institute of Management Accountants created four principles for moral behavior in management accountants' professional endeavors. Competence, discretion, honesty, and credibility are the four standards.
What are the 4 IMA standards of ethical practice?
- The fundamental moral values of IMA are: Honesty, Fairness, Objectivity, and Responsibility.
- Members are expected to follow these guidelines and to inspire others in their organizations to do the same.
Learn more about IMA standards
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I don't believe so. I believe they should be held accountable for their actions but to spend the rest of their lives behind bars isn't gonna solve anything and I believe most ppl learn from their actions
Answer :
be thoroughly assessed to measure the intended result
Explanation:
The scientific approach applies the scientific method of acquiring knowledge which dates back since the 17th century. The scientific method makes use of empirical methods to derive knowledge whereby observation and skepticism is applied to knowledge investigations in the form of hypothesis and empirical investigations to draw conclusions from experiments.
By applying the scientific approach to the reward program proposed, we can be able to thoroughly investigate the results of the program using empirical methods.
The stage theories are theories that describe how individuals go through distinct stages as they develop.
Stage theories hold that the sequence of development is universal. This means that the timing of basic motor functions may vary across cultures, but however, the functions themselves are present in all societies.