Misrepresentation
#analyst-notes #guidance-for-standards-i-vii
Procedures for compliance
Members can prevent unintentional misrepresentations of the qualifications of services the member or the member's firm is capable of performing if each member understands the limit of the individual's or firm's capabilities and the need to be accurate and complete in presentations.
Firms can provide guidance for employees who make written or oral presentations to clients or potential clients by providing a written list of the firm's available services and a description of the firm's qualification, and compensations that are both accurate and suitable for client or customer presentations. Firms can also help prevent misrepresentation by specifically designating which employees are authorized to speak on behalf of the firm. Whether or not the firm provides guidance, members should make certain that they understand the services the firm can perform and its qualifications.
In addition, members should prepare a resume of their own qualifications and a list of services they are capable of performing to use in accurate presentations to clients. Members should use written resumes and job descriptions of firm services when making presentations to clients or prospective clients to help each member focus on the firm's and the member's own strengths and limitations. Firms can aid member compliance by periodically reviewing employee correspondence and documents that contain representations of individual or firm qualifications.
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Subject 3. Standard I (C) Misrepresentation is not only stealing the ideas of others, but also exposing himself or herself to violations of other standards by making recommendations that may not have a reasonable basis and may not avoid material misrepresentations.
<span>Procedures for compliance
Members can prevent unintentional misrepresentations of the qualifications of services the member or the member's firm is capable of performing if each member understands the limit of the individual's or firm's capabilities and the need to be accurate and complete in presentations.
Firms can provide guidance for employees who make written or oral presentations to clients or potential clients by providing a written list of the firm's available services and a description of the firm's qualification, and compensations that are both accurate and suitable for client or customer presentations. Firms can also help prevent misrepresentation by specifically designating which employees are authorized to speak on behalf of the firm. Whether or not the firm provides guidance, members should make certain that they understand the services the firm can perform and its qualifications.
In addition, members should prepare a resume of their own qualifications and a list of services they are capable of performing to use in accurate presentations to clients. Members should use written resumes and job descriptions of firm services when making presentations to clients or prospective clients to help each member focus on the firm's and the member's own strengths and limitations. Firms can aid member compliance by periodically reviewing employee correspondence and documents that contain representations of individual or firm qualifications.
To avoid plagiarism, members and candidates should take the following steps:
Maintain copies of all information used to generate a report. Attribute quotations Summary
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