C-26, r. 28 - Code of ethics of certified management accountants

Section 12 Disposition versions

2012-09-01

12. A member must comply with recognized standards of presentation of financial statements unless he otherwise informs his client or employer and indicates clearly that the financial statement does not comply with those standards.

A member who is responsible, in whole or in part, for preparing or approving financial statements or for overseeing the accounting and financial reporting processes shall also ensure that such statements and processes result in a fair presentation in accordance with generally accepted accounting principles and generally accepted auditing standards.

O.C. 672-90, s. 12; O.C. 406-2010, s. 1.