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Ethics Center

Carl Menconi Ethics Case Competition

Educators can submit a case, focusing on business ethics, with specific application to management accounting and finance issues.

IMA congratulates Paul R. Goodchild, Ph.D., CPA, assistant professor at University of Central Missouri for his winning entry, “To Break Boats or Not to Break Boats.” His winning case will be published in Strategic Finance in July 2018.

Call for Entries for the 2019 Menconi competition will open in the fall of 2018. Stay tuned for complete details.

IMA Committee on Ethics

The IMA Committee on Ethics (CoE) encourages organizations and individuals to adopt, promote, and execute business practices consistent with high ethical standards, by providing valuable insight in response to our changing profession. The CoE upholds IMA’s Statement of Ethical Professional Practice (SEPP) and provides subject-matter expertise to members of IMA for resolution of ethical issues. The CoE also recommends appropriate disciplinary action for reported alleged violations of the SEPP and determines eligibility for membership for applicants reporting a felony conviction.

Statement of Ethical Professional Practice

Members of IMA shall behave ethically. A commitment to ethical professional practice includes: overarching principles that express our values, and standards that guide our conduct.


IMA's overarching ethical principles include: Honesty, Fairness, Objectivity, and Responsibility. Members shall act in accordance with these principles and shall encourage others within their organizations to adhere to them.


A member's failure to comply with the following standards may result in disciplinary action.

  1. Competence
  2. Confidentiality
  3. Integrity
  4. Credibility

View the full IMA Statement of Ethical Professional Practice, including “Resolving Ethical Issues”. 

IMA Ethics Helpline

IMA offers an Ethics Helpline service to members and other professionals. Contact the Helpline for free, confidential consultation on business ethical issues.

After a preliminary discussion of the problem to determine the kind of ethics issue being reported, a member of IMA’s Committee on Ethics will telephone the caller, if desired, to help them understand and apply the provisions of the IMA’s Statement of Ethical Professional Practice. Confidentiality is maintained at all times. IMA cannot provide a specific resolution but will discuss how the issue relates to the provisions of the Statement.

To access the Helpline in the U.S., please call: (800) 245-1383

Individuals outside of the U.S. and Canada may have to dial another toll-free access code first before dialing the Ethics Helpline. Please follow the instructions below:

  1. Visit the AT&T website
  2. Select your country from the drop-down menu (in the box for AT&T USAdirect access numbers).
  3. Dial the numbers provided before you dial the ethics helpline number.