Due to the significance of the information theyre trusted with, management accountants are expected to observe well-defined

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Due to the significance of the information they’re trusted with, management accountants are expected to observe well-defined professional ethical standards. Professional management accountant organizations around the world have developed professional ethical standards.

1. Why are professional ethical standards important?

2. State the five fundamental principles of ethics for professional management accountants as advanced by the Chartered Institute of Management Accountants (CIMA).

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Horngrens Cost Accounting A Managerial Emphasis

ISBN: 9780135628478

17th Edition

Authors: Srikant M. Datar, Madhav V. Rajan

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