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Unformatted text preview: o n t o r e f u s e h i s f r i e n d ' s request to alter the estimate of the percentage of completion. What Daley can do is to help Murray think of some legitimate ways to bring about real cost reductions. Several ethical standards for management accountants (listed in Chapter 1) apply in this situation. Among the relevant standards are the following: C o m p e t e n c e : x Prepare complete and clear reports and recommendations after appropriate analyses of relevant and reliable information. O b j e c t i v i t y : x Communicate information fairly and objectively. x Disclose fully all relevant information that could reasonably be expected to influence an intended user's understanding of the reports, comments, and recommendations presented....
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- Spring '10