The credibility standard in the Statement of Ethical Professional Practice of the IMA requires that an accounting professional should:
A) Communicate information fairly and objectively
B) Disclose all relevant information that might affect the intended user's understanding of the reports, analyses or recommendations
C) Disclose delays or deficiencies in information, timeliness, processing or internal controls in conformance with organization policy and the law
D) All of the above

Question

Quizplus · Accepted Answer

The credibility standard in the Statement of Ethical Professional Practice of the IMA requires an accounting professional to communicate information fairly and objectively, disclose all relevant information that might affect the intended user's understanding of the reports, analyses or recommendations, and disclose delays or deficiencies in information, timeliness, processing or internal controls in conformance with organization policy and the law. Therefore, option D, which includes all the above options, is the correct answer.

The Credibility Standard in the Statement of Ethical Professional Practice