41. Chartered administrators shall act in accordance with accepted professional standards and generally recognized administration and management principles.
In addition, when acting as certified management advisors (CMC), they shall act in accordance with the rules and principles established in the various aspects of that practice and know and apply the advisory process, which includes the contact with the client, the exploratory assessment, the service offer, the wording of the contract, the organization of the intervention, the state of the situation, the preparation of recommendations, assistance to implementing them, the assessment of the intervention and the closing of the intervention.