IMA Opens Its Free 'Ethics Hotline' to Non-Members

Margaret Butler, president of the Institute of Management Accountants (IMA), announced that the IMA's confidential "ethics hotline" has now been opened to non-members. She said the hotline is particularly well-suited for small businesses.

President Butler said the opening of the hotline is a response to an unprecedented need for businesses everywhere to maintain the highest ethical standards.

Financial professionals can call the hotline toll-free at 1-800-638-4427, x1662, or send their inquiry via e-mail to ethics@imanet.org The IMA says it does not record phone numbers or e-mail addresses.

"When financial professionals call the toll-free hotline, their inquiries will be forwarded to an experienced ethics counselor, who provides confidential guidance," explained President Butler. "This hotline is particularly well-suited for small businesses and solo practitioners who need guidance on ethical issues."

President Butler also offered corporations the use of the Institute's "Standards of Ethical Conduct" for compliance with Section 404 of the Sarbanes-Oxley Act of 2002.

Read IMA's standards of ethical conduct.

You may like these other stories...

Do you have entrepreneurial clients? Here's a simple checklist to go over with CEOs to get them started on the right track to running a successful, fiscally responsible business.Create a real budget.I would say that...
When you’re running an accounting office, it's easy to become inundated with paper, forms, and email attachments, especially when tax season rolls around. To prevent your office from becoming completely overwhelmed...
Senate Takes Different Approach from House for Highway and Bridge FundEarlier this week, according to a New York Times article, the Senate agreed to fill the coffers of the fund that pays for highway and bridge repairs with...

Upcoming CPE Webinars

Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.
Aug 28
Excel spreadsheets are often akin to the American Wild West, where users can input anything they want into any worksheet cell. Excel's Data Validation feature allows you to restrict user inputs to selected choices, but there are many nuances to the feature that often trip users up.