Certified Management Accountant Practice Exam 2025 – The Comprehensive All-in-One Guide to Exam Success!

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What are the IMA Overarching Principles?

Integrity, accountability, and transparency

Honesty, fairness, objectivity, responsibility

The IMA Overarching Principles are foundational ethical standards that guide management accountants in their professional conduct. These principles—honesty, fairness, objectivity, and responsibility—emphasize the importance of ethical behavior in decision-making and reporting.

Honesty is vital in maintaining trust and credibility with stakeholders, ensuring that all financial information and advice provided is truthful and accurate. Fairness is crucial as it involves acting impartially and without favoritism, which helps uphold the integrity of financial reporting. Objectivity relates to avoiding biases and allowing impartial judgment to prevail in professional decisions. Responsibility underscores the importance of professional accountability and taking ownership of one's actions.

Each of these principles forms a critical part of the ethical framework within which management accountants operate, ensuring that their work meets high standards for transparency and integrity.

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Collaboration, leadership, and effectiveness

Innovation, aspiration, and realization

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