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BLOWING THE WHISTLE

By Raef Lawson, PH.D., CMA, CPA, CFP, CFA
December 1, 2015
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metal Whistle

IMA® (Institute of Management Accountants) conducted a survey of senior finance professionals to find out how companies are making it safer for employees to report unethical and fraudulent behavior.

 

Of the 73% of companies whose written whistleblower policy is consistent with the IMA Statement of Ethical Professional Practice:

 

89% say fear of retaliation isn’t an issue when reporting wrongdoing.

 

63% say their company’s policy is effective in providing protection against whistleblower retaliation.

 

45% are “very comfortable” raising ethical problems.

 

For more survey results, go to the IMA Pulse blog at http://bit.ly/1Qz3KUQ.

 

 

Raef Lawson, Ph.D., CMA, CPA, CFP, CFA, is professor-in-residence and vice president of research and policy at IMA. You can reach him at (201) 474-1532 or rlawson@imanet.org.
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