Rules Of Conduct - Code Of Ethics

Question 1

Integrity - 4 points

Answer 1

1. Shall perform their work with honesty, diligence and responsibility.
2. Shall observe the law and make disclosure expected by the law and profession.
3. Shall not knowingly be a party to any illegal activity or engage in acts that are discreditable to the profession of internal auditing or to the organization
4. Shall respect and contribute to the legitimate and ethical objectives of the organization.

Question 2

Objectivity - 3 points

Answer 2

1. Shall not participate in any activity or relationship that may impair or be presumed to impart their unbiased assessment. This participation includes those activities or relationships that may be in conflict with the interest of the organization.
2. Shall not accept anything that may impair or be presumed to impair their professional judgment.
3. Shall disclose all material facts known to them that if not disclosed, may distort the reporting of activities under review.

Question 3

Confidentiality - 2 points

Answer 3

1. Shall be prudent in the use and protection of information acquired in the course of their duties.
2. Shall not use information for any personal gain or in any manner that would be contrary to the law of detrimental to the legitimate and ethical objectives of the organization.

Question 4

Competency - 3 points

Answer 4

1. Shall engage only in those services for which they have the necessary knowledge, skills and experience.
2. Shall perform internal audit services in accordance with the International Standards for the Professional Practices of Internal Auditing
3. Shall continually improve their proficiency and the effective and quality of their services.