For this discussion: Read theAmerican Institute of Certified Public Accountants (AICPA) Code of Professional...

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Accounting

For this discussion:

  • Read theAmerican Institute of Certified Public Accountants (AICPA) Code of Professional Conduct.
  • Read and assess the currentInstitute of Management Accountants (IMA) Statement of Ethical Professional Practice, whichpromotesethical behavior and providesguidance for the dilemmas managerial accountants are confronted with today.
  • For the first part of this week's discussion:
  • Compare the IMA Statement of Ethical Professional Practiceto the AICPA Code of Professional Conduct and assess the effectiveness of the two codes.
  • For the second part:
  • Assess the aspects of a managerial accountant's job that are most likely to be challenged ethically and suggest the approach(es) you will take to handle these situations.
  • A data graph is not required

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