Code of Ethics
The Code of Ethics is authoritative guidance
for the internal audit profession from the Global Institute of Internal Auditors.
It is part of the International Professional Practices Framework.
The Code of Ethics is a statement of principles and expectations
governing behaviour of individuals and organisations
in the conduct of internal auditing. It provides a description of
minimum requirements for conduct and describes behavioural
expectations rather than specific activities.
| Integrity | The integrity of internal auditors establishes trust and thus provides the basis for reliance on their judgement. |
| Objectivity | Internal auditors exhibit the highest level of professional objectivity in gathering, evaluating, and communicating information about the activity or process being examined. Internal auditors make a balanced assessment of all the relevant circumstances and are not unduly influenced by their own interests or by others in forming judgements. |
| Confidentiality | Internal auditors respect the value and ownership of information they receive and do not disclose information without appropriate authority unless there is a legal or professional obligation to do so. |
| Competency | Internal auditors apply the knowledge, skills and experience needed in the performance of internal auditing services. |
To see the full Code, click here.
How the Code of Ethics is created and approved
The Code is developed and updated by the global Ethics Committee.
The Board of Directors is responsible for the final approval of the Code of Ethics.
There will be a public exposure period of 90 days during which time the draft will be distributed to members, stakeholders, and other professionals and comments invited from them. There will be a final review by the Internal Auditing Standards Board to ensure Code of Ethics does not contradict the International Standards.
All members of the Chartered Institute of Internal Auditors sign an annual pledge to uphold the Code of Ethics.