Shauna Miller is an accountant at Western Building Supplies. Recently, in the course of her normal processing of transactions and related documents, she noticed that two of her company’s top sales executives were taking the purchasing agents of important customers on lavish golf vacations to Hawaii. The average cost was over $6,000 per trip.
Review the Institute of Management Accountant’s Statement of Ethical Professional Practice in the appendix to this chapter. As a member of the IMA, does Shauna have any specific obligations related to her discovery? What steps should she consider?