Building on the CGMA report 'Managing responsible business', this CIMA report is based on responses from 1760 CIMA members and students from over 80 markets, working in functions from analyst to chief financial officer. Although the majority of respondents perceive their organisations as ethical, there are still pressure points.
The report also draws on focus groups, involving members and students, held in the United Kingdom, Malaysia, Pakistan, Sri Lanka and South Africa. The findings affirm that the overall operating culture, support from management and transparent operations complying with both local and international regulations and norms, are essential to support responsible business.
The CIMA Code of Ethics is the basis for a management accountant’s professional behaviour and is a resource which can be used in a number of ways.