Code of Ethics (IPPF2017)

Integrity, Objectivity, Confidentiality & Competency

Core Principals of IA

Integrity

Established trust and thus provides the basis for reliance on their judgment.

Objectivity

Internal auditors exhibit the highest level of professional _______ in gathering, evaluating, and communicating information about the activity or process being examined

Objectivity

Internal auditors make a balanced assessment of all of the relevant circumstances and are not unduly influenced by their interests or the interests of others in forming judgments.

Confidentiality

Internal auditors respect the value and ownership of information they receive and shall not disclose information without appropriate authority unless there is a legal or professional obligation to do so.

Confidentiality

Essential that the Internal Auditor maintain ______ regarding audit matters and information arising from audit tasks.

Competency

Internal auditors apply the knowledge, skills and experience needed in the performance of internal audit services.

Integrity

Shall perform their work with honesty, diligence, and responsibility.

Integrity

Shall observe the law and make disclosures expected by the law and the profession.

Integrity

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.

Integrity

Shall respect and contribute to the legitimate and ethical objectives of the organization.

Objectivity

Shall not participate in any activity or relationship that may impair or be presumed to impair their unbiased assessment. This participation includes those activities or relationships that may be in conflict with the interests of the organization.

Objectivity

Shall not accept anything that may impair or be presumed to impair their professional judgment.

Objectivity

Shall disclose all material facts known to them that, if not disclosed, may distort the reporting of activities under review.

Confidentiality

Shall be prudent in the use and protection of information acquired in the course of their duties.

Confidentiality

Shall not use the information for any personal gain or in any manner that would be contrary to the law or detrimental to the legitimate and ethical objectives of the organization.

Competency

Shall engage only in those services for which they have the necessary knowledge, skills, and experience.

Competency

Shall perform internal audit services in accordance with the International Standards for the Professional Practice of Internal Auditing.

Competency

Shall continually improve their proficiency and the effectiveness and quality of their services.