- Words: 1264
- Length: 4 Pages
- Topic: Business - Ethics
- Paper #: 18279122
The IMA statement of ethical professional practice begins with the overarching principles of honesty, fairness, objectivity and responsibility. The statement consists of four standards, these being competence, confidentiality, integrity and credibility. Lastly, the statement provides guidance for the resolution of ethical conflict. Three steps are to contact a superior, then an IMA ethics counselor and then finally a lawyer.
There is evidence in the Enron case that Enron's executives violated