Code of Ethics

All staff/personnel of the Department shall subscribe to the Code of Ethics established by the Institute of Internal Auditors.¹  The core principals are as follows:

1. Integrity
   The integrity of internal auditors establishes trust and thus provides the basis for reliance on their judgment.
2. 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 of the relevant circumstances and are not unduly influenced by their interests or the interests of others in forming judgments.
3. 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. It is essential that the Internal Auditor maintain confidentiality regarding audit matters and information arising from audit tasks.
4. Competency
   Internal auditors apply the knowledge, skills and experience needed in the performance of internal audit services.

Rules of Conduct²

1. Integrity
   Internal auditors:
   
   1.1. Shall perform their work with honesty, diligence, and responsibility.
   
   1.2. Shall observe the law and make disclosures expected by the law and the profession.
   
   1.3. 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.
   
   1.4. Shall respect and contribute to the legitimate and ethical objectives of the organization.

2. Objectivity
   
   Internal auditors:
   
   2.1. 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.
   
   2.2. Shall not accept anything that may impair or be presumed to impair their professional judgment.
   
   2.3. Shall disclose all material facts known to them that, if not disclosed, may distort the reporting of activities under review.

3. Confidentiality
   
   Internal auditors:
   
   3.1. Shall be prudent in the use and protection of information acquired in the course of their duties.
   
   3.2. 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.

4. Competency
   
   Internal auditors:
   
   4.1. Shall engage only in those services for which they have the necessary knowledge, skills, and experience.
   
   4.2. Shall perform internal audit services in accordance with the International Standards for the Professional Practice of Internal Auditing.
   
   4.3. Shall continually improve their proficiency and the effectiveness and quality of their services.