Wednesday, 13 February 2013

Ac562 Week1 Assignment

Code of ethics:
a. Integrity which establishes trust and thus provides the footing for reliance on their judgment.
b. Objectivity which exhibit the highest level of maestro objectivity in gathering, evaluating, and communicating info about the activeness or process being examined.
c. Confidentiality which auditors respect the value and self-possession of information they receive and do not disclose information without appropriate authority unless there is a legal or jobal obligation to do so.
d. Competency which auditors apply the knowledge, skills, and make love needed in the performance of internal audit services

Rules of need are:

a. Integrity
Internal auditors:
1. Sh every(prenominal) perform their work with honesty, diligence, and responsibility.
2. Shall conserve the law and make disclosures expected by the law and the profession.
3. Shale not knowingly be a party to any smuggled action, 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 honourable objectives of the organization.

b. Objectivity
Internal auditors:
1. Shall not participate in any activity or relationship that may damage or be presumed to impair their unbiased assessment.

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This participation includes those activities or relationships that may be in conflict with the interests 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 inform of activities under review.

c. Confidentiality
Internal auditors:
1. Shall be prudent in the map and protection of information acquired in the course of their duties.
2. Shall not practice session 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...If you want to get a full essay, order it on our website: Ordercustompaper.com



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