Managerial Accounting and Business Ethics
in line with pertinent laws, regulations and technical benchmarks. Third, management accountant are liable to provide decision support information and recommendations that are precise, clear, succinct and timely. Lastly, every management accountant has a responsibility to acknowledge and communicate professional restraints or other limitations that would hinder responsible judgment or efficacious performance of an activity (Garrisson, Noreen, and Brewer, 2018). Confidentiality Managerial accounting necessitates the accountant to ensure that information is kept confidential at all times with the exception of when disclosure is sanctioned or legally necessitated. Secondly, there is the accountability to notify all pertinent parties concerning suitable use of confidential information and monitor the… Continue Reading...
