CIMA is committed to upholding the highest ethical and professional standards and to maintaining public confidence in management accounting. CIMA members and students are required to comply with the CIMA Code of Ethics and to adopt the fundamental principles of the Code to their working lives.
Purpose of the Student Tool
This tool will give you an overview of the CIMA Code of Ethics, the importance of ethics in the workplace, and how ethical considerations may appear in the CIMA exams.
The material in this tool draws from past exams, practice tests and information in the Code. The tool also refers you to other sources of information on the CIMA website and elsewhere, to deepen your learning and understanding.
Applying ethical considerations to many aspects of the CIMA exams not only shows that you are able to act professionally but also awards marks. The tool will help your further understanding of applying an ethical framework - in relation to your working life as well as in your CIMA studies .
Ethics and accountants. This part focuses on personal and professional ethics and the responsibilities of CIMA students and members, and why ethics are important to the accounting profession.
Introduction to the Code of Ethics. This part gives an overview of the Code, 'threats and safeguards', and the ethics aspects of the C05 paper of CIMA's entry level accounting qualification Certificate in Business Accounting.
Ethical issues in exams. This part outlines what is expected from students when answering ethics related questions in Operational, Management, Strategic Level objective tests and integrated case studies, followed by a set of sample questions to work through.
This tool is produced to assist students’ understanding of professional ethics in exams and in their working lives. The Student Ethics Support Tool is not a substitute for CIMA study texts, but a support to your studies, and an introduction to relevant initiatives, organisations and other sources of information. CIMA study texts remain the key support to your learning for exams.