ethics: gifts with nominal value company, exactly, suppose, ethics, doesnt

optiix

are we suppose to disclose gifts with nominal value? what exactly does nominal mean here? doesnt it mean “small” or “insignificant”? i thought token gifts like stuff with company logo is ok?

ayodayo

an inexpensive bottle of wine or free passes to the movies are token/nominal. front row seats at a big sporting match and a week at a holiday house are definately not. anything that could affect your independance/objectivity is included.

smartpants

So… one still needs to disclose ‘nominal value’ gifts too, right?

svgleeson

apply the if in doubt disclose test (DitchdiggerCFA@C)

yalo

oh okay…so when in doubt just disclose…thanks

invic

Haha.. Toronto_1, I was thinking of the same Q.

scr879

sweet! two birds with one stone