Chapter 18, Problem P18.26APGA

To determine

Institute of Management Accountants:

Institute of management accountants is an association which governs the compliance of accounting procedures and policies according to the standards. The standards of IMA are; competence, confidentiality, integrity and credibility.

To determine:

1.

Which of these suggested strategies are inconsistent with IMA standards?

2.

How might these inconsistencies affect the company’s stakeholders?

3.

What should Wallace do if Cauvet insists that she follow all of these suggestions?