CMAs are required to follow the formal codes of ethical conduct provided by their professional association.

Question

Quizplus · Accepted Answer

CMAs are required to follow the formal codes of ethical conduct provided by their professional association, which is the Institute of Management Accountants (IMA). The IMA Code of Ethics includes four ethical principles: competence, confidentiality, integrity, and credibility, and CMAs are expected to uphold these principles in all their professional activities. Failure to comply with the IMA Code of Ethics can result in disciplinary action by the association, including suspension or revocation of CMA certification.

CMAs Are Required to Follow the Formal Codes of Ethical