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IMA Statement of Ethical Professional Practice (Competence (( ) an…
IMA Statement of Ethical Professional Practice
Competence
( ) an appropriate level of ( ) ( ) and expertise by enhancing knowledge and skills
Enhance his or her skills
( ) ( ) duties ( ) ( ) with relevant laws, regulations, and technical standards
( ) ( ) support information and recommendation that are accurate, clear, concise, and ( ). Recognize and help manage risk
Confidentiality
Keep information confidential except when disclosure is authorized or legally required
inform all relevant parties regarding appropriate use of confidential information. Monitor to ensure compliance
Discuss with subordinates, their responsibilities regarding the disclosure and use of confidential information about the firm
Refrain from using confidential information for unethical or illegal advantage
Integrity
Refrain from engaging in any conduct that would prejudice carrying duties ethically
Mitigate actual conflicts of interest. Regularly communicate with business associates to avoid apparent conflicts of interest. Advise all parties of any potential conflicts of interest
Abstain from engaging in or supporting any activity that might discredit the profession
Contribute to a positive ethical culture and place integrity of the profession above personal interest
Credibility
Communicate information fairly and objectively
Report information whether favorable and unfavorable
Provide all relevant information that could reasonably be expected to influence an intended user's understanding of the reports, analysis, or recommendations
Report any delays or deficiencies in information, timelines, processing, or internal controls in conformance with organization policy and/or applicable law.
Communicate professional limitations or other constraints that would preclude responsible judgement or successful performance of an activity