Replies FOR 1 HOUR WRITER
econheypt01
instructionsreply2_0.docxInstructions:
Reply of at least 250 words . For each thread, you should support your assertions with at least 2 citations other than the textbook, and the Bible may be one of those sources. Everything must be in APA format.
Reply to:
MARY JO,
“IMA is the worldwide association of accountants and financial professionals working in business” (“About IMA,” n.d., para. 1). It was created to provide help and support for its 70,000 plus members. Moreover, it was established to provide a framework of ethical principles, standards and resolutions of ethical conflict to guide its members in their conduct and undertaking of various ethical issues that arise in the workplace or in the course of operating or managing a business.
Members of the IMA are expected to behave in accordance with the IMA Statement of Ethical Professional Practice; therefore, failure to adhere to the principles and standards set forth by the association may cause disciplinary action (Garrison, Noreen & Brewer, 2015). This authoritative rule by the IMA relates to the verse in Matthew 7:21 NIV when Jesus said, “Not everyone who says to me, ‘Lord, Lord,’ will enter the kingdom of heaven, but only the one who does the will of my Father who is in heaven;” which means that even if we recognize and call Jesus our Lord, if we do not obey and keep God’s commandments, we are not worthy to be called His children and on the day of judgment, Jesus will plainly say, “I never knew you; away from me, you evildoers” (Matthew 7:23 NIV)! Same way that IMA punishes its members for non-compliance, Jesus Christ, in His second coming will judge mankind and “…those who have done what is good will rise to live, and those who have done what is evil will rise to be condemned” (John 5:29 NIV). The IMA members are also advised to encourage other members to follow them, same way each of us is commanded by God to “Go into all the world and preach the gospel to all creation,” (Mark 16:15 NIV). Management accountants must display ethical behavior and must diligently preach such behavior to other members to uphold the integrity among its members and the entire association.
While businesses and workplaces strive to maintain ethical values at all times, in practice, it seems difficult to perfectly achieve it. Issues of confidentiality, conflict of interest, voluntary insubordination, and sometimes, lack of knowledge are just some of the potential causes. When ethical issues arise, members are advised to follow their organization’s policies on solving ethical issues, and if these do not help, the IMA has established courses of action that they can follow. First, is to “discuss the issue” following the chain of command, starting from the immediate supervisor, unless he is involved in the matter, “to the next management level” (Garrison et al, 2015). If the next boss in line, for instance the CEO position, is also held by the immediate supervisor, then it’s best to communicate with an acceptable reviewing committee such as the “audit committee, executive committee, board of directors, board of trustees or owners” (Garrison et al, 2015). The concept of chain of command is somehow similar to the Bible’s teaching about how Jesus Christ submits to God. In fact, Paul mentions the word “head” three times in this passage: “But I want you to realize that the head of every man is Christ, and the head of the woman is man, and the head of Christ is God” (1 Corinthians 11:3 NIV). Although the word “head” is heavily debated whether Paul meant “source” or “authority,” the Bible teaches that we all ought to submit to God, period! The second step to resolving ethical conflict is by “initiating a confidential discussion with an IMA Ethics Counselor or other impartial advisor” to gather information and “obtain a better understanding of possible courses of action” (Garrison et al, 2015). The IMA established a free Ethics Helpline service to all members needing general answers and guidance to common ethical issues; and to access the helpline, they are to call (800) 245-1383 (“IMA Ethics Helpline,” n.d. para. 1-3). While the response of the ethics counselors does not involve specific solutions to the ethical issues being called for, they will be able to relate such issues in accordance with the ethical requirements set forth by the IMA (“IMA Ethics Helpline,” n.d. para. 1-3). Helplines and call centers have been in place for a long time now, but, the Helpline from God started from the beginning of time. When we are confused or in need of deep understanding, Paul said, “Do not be anxious about anything, but in every situation, by prayer and petition, with thanksgiving, present your requests to God. And the peace of God, which transcends all understanding, will guard your hearts and your minds in Christ Jesus” (Philippians 4:6-7 NIV). If we lack in wisdom, are confused or lost, we should call on to God in prayer so he may infuse the truth in our hearts and minds. The third and final step to solving ethical conflict is consulting a legal expert. This step is particularly important when all procedures have been met, but, only a potential lawsuit solves the problem. God recognizes good deeds and this includes seeking justice (Isaiah 1:17 NIV).
I believe that every problem has a solution, but, it takes pure diligence and determination same way we ask for answers of our problems to Jesus. Jesus says, “If you remain in me and my words remain in you, ask whatever you wish, and it will be done for you” (John 15:7 NIV).
References
About IMA. (n.d.) In: IMA Organization. Retrieved November 20, 2014 from http://www.imanet.org/about_ima.aspx
Garrison, R.H., Noreen, E.W., & Brewer, P.C. (2015). Managerial accounting (15th ed.). New York, NY: McGraw-Hill/Irwin
IMA ethics helpline. (n.d.) In: IMA Organization. Retrieved November 20, 2014 from http://www.imanet.org/resources_and_publications/EthicsCenter.aspx
Module 5 Question #5.docx (21.205 KB)
