Statement of Ethical Professional Practice

Topics: Ethics, Business ethics, Morality Pages: 3 (658 words) Published: June 5, 2012
Statement of Ethical Professional Practice (Undated)
By admin - Posted on 24 October 2011
Organization: Institute of Management Consultants Visit Organization Page Source: CSEP Library Visit Source Page
Date Approved: 
Other Versions: 
Code of Ethics (1991)
Code of Professional Conduct (1980)
Code of Professional Conduct (2002)
Code of Professional Responsibility (1969)
Disclaimer: Please note the codes in our collection might not necessarily be the most recent versions. Please contact the individual organizations or their websites to verify if a more recent or updated code of ethics is available. CSEP does not hold copyright on any of the codes of ethics in our collection. Any permission to use the codes must be sought from the individual organizations directly. Statement of Ethical Professional Practice

Members of IMA shall behave ethically. A commitment to ethical professional practice includes overarching principles that express our values, and standards that guide our conduct.

IMA's overarching ethical principles include: Honesty, Fairness, Objectivity, and Responsibility. Members shall act in accordance with these principles and shall encourage others within their organizations to adhere to them.

A member's failure to comply with the following standards may result in disciplinary action.

I. Competence
Each member has a responsibility to:
1. Maintain an appropriate level of professional expertise by continually developing knowledge and skills. 2. Perform professional duties in accordance with relevant laws, regulations, and technical standards. 3. Provide decision support information and recommendations that are accurate, clear, concise, and timely. 4. Recognize and communicate professional limitations or other constraints that would preclude responsible judgment or successful performance of an activity.

II. Confidentiality
Each member has a responsibility to:
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