When was the last time you faced an ethical dilemma at work? And what did you do about it? As a CIMA member or student you are obliged to take action. To do so you should ensure you are familiar with the Code of Ethics, which helps guides you to do the right thing.
CIMA invites members and students to comment on IESBA’s proposed changes to the code of ethics for professional accountants to address conflicts of interest.
Over a rainy London weekend I caught up on some reading, including dipping in and out of Malcolm Gladwell’s recent book What the Dog Saw, a collection of his New Yorker essays from the last several years. It seems even relaxing at home I am never far from business ethics, as one of the pieces, The Formula from 2007, focuses on the Enron collapse in a section looking at “flawed ways of thinking”. It may be old news, but the story remains instructive.
I wrote in my last blog about the current furore over accusations that MBA programmes lack of ethical content and code may have contributed to the current economic crisis.
The European Federation of Accountants (FEE) believes integrity is the core principle of professional behaviour. Their latest discussion paper seeks to promote a debate about the importance of integrity in the accountancy profession - and business in general. Let us know what you think here.