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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 830 |
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– GAAP). An example of violating this standard is destroying documents or files that are evidence in an official proceeding. For example, during the Enron investigation a few years ago, a court convicted one of the accountants with deleting files connected with the investigation (Haywood & Wygal, 2004)...
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The second IMA Standard, confidentiality, discusses the importance of refraining from using confidential information as an advantage (either professional or personally). An example of violating this Standard is telling family members or friends to sell stock on a company that is doing poorly before the information is publicly stated...
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