IMA Code of Ethics

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  • #232417

    This forum is restricted to members of the associated course(s).

    This forum is restricted to members of the associated course(s).

    Haneen Salih
    Participant

    Hi there,

    The textbook says it is recommended to memorize the principles and standards in IMA Code of Ethics. Does it mean I have to memorize each and every statement in the principle and standards?

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  • #232419

    This forum is restricted to members of the associated course(s).

    Haneen Salih
    Participant

    I also meant those shaded boxes for the standards.

    #232421

    This forum is restricted to members of the associated course(s).

    Lynn Roden
    HOCK international

    Hello Haneen Salih,

    Your textbook says this:

    “In the IMA Statement of Ethical Professional Practice that follows, explanatory notes in the shaded boxes
    follow the principles and standards including definitions of the principles and standards. These definitions
    and explanatory notes were added by HOCK and are not part of the IMA Statement of Ethical Professional
    Practice.”

    Those definitions are there to help you understand the Statement. Since they are not part of the IMA Statement of Ethical Professional Practice, those do not need to be memorized. However, knowing them (without needing to memorize them) might be useful in helping you to decide which principle or standard applies in a given circumstance.

    Lynn

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