Which of the following events would NOT be considered unethical under IMA standards?
A) An accountant told his friends about the bids his company had received from contractors for construction contracts.
B) An accountant provided a list of his company's foreign transactions to an investigative reporter who was working on a story for the paper.
C) An accountant provided a list of his company's qualified suppliers to a small businessman that wanted to set up a similar business on his own.
D) An accountant provided a copy of his company's published financial statements to a relative who owned a business that was directly competing with the accountant's company.

Question

Quizplus · Accepted Answer

Providing published financial statements to a relative who owns a competing business would be a violation of confidentiality and create a conflict of interest for the accountant. The other options also involve sharing confidential information and would also be considered unethical under IMA standards.

Which of the Following Events Would NOT Be Considered Unethical