Winnsboro, Louisiana. Winnsboro is a small city and the parish seat of Franklin Parish, Louisiana, United States. As of the 2010 census, the population was 4,910, down from 5,344 at the 2000 census. The city is 59 percent African American.
Managerial ethics refers to the moral guidance a supervisor provides his employees. No one ethical approach is universally accepted, so each small business owner must choose his own approach to ethical management. Many ethical approaches exist, each with a distinct twist on what it means to behave ethically.
About Ethics in Managerial Accounting. Managerial accounting is an internal business function responsible for managing a company&rsquo;s financial information. Business owners often use managerial accounting to allocate business costs to goods or services, prepare operational budgets and forecast production output or sales. Ethics is an important part of managerial accounting, and companies may develop a code of ethics or conduct to set the expected ethical behavior for accountants. Facts The Institute of Management Accountants (IMA) is a professional organization responsible for creating managerial accounting guidelines. The IMA provides managerial accounting ethics for licensed accountants, and non-licensed accountants also can use these ethical standards to govern their accounting career. The IMAâs ethical principles are based on honesty, fairness, objectivity and responsibility.