Which of the following options describes the reason that conformance with The IIA's Code of Ethics is mandatory for internal auditors?
A.
Ethical compliance provides the basis for stakeholder confidence in the competence of the internal audit activity and of professional internal auditors.
B.
Ethical compliance is necessary for internal auditors and the internal audit activity to accept responsibility for providing g absolute assurance about the organization's risk management.
C.
Ethical compliance provides the basis for stakeholder trust and confidence in the validity of the profession of internal auditing and the internal audit activity's findings.
D.
The internal audit activity's ethical compliance sets the tone for the ethical compliance by the organization's board, management, and employees.
Conformance with The IIA's Code of Ethics is mandatory for internal auditors because it provides the basis for stakeholder trust and confidence in the validity of the profession of internal auditing and the internal audit activity's findings. Ethical behavior in internal auditing ensures that auditors are trusted by those who rely on their conclusions, advice, and information, thereby enhancing the integrity and credibility of the audit results.
Institute of Internal Auditors (IIA) - International Professional Practices Framework (IPPF)
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