According to the IIA Code of Ethics, which of the following best describes the conduct of an internal auditor who demonstrates the principle of competency?
A.
The auditor is prudent in the use and protection of information acquired in the course of his work.
B.
The auditor does not accept anything that may impair or be presumed to impair his professional judgment.
C.
The auditor does not perform services in a particular area when he lacks skills in that area.
D.
The auditor performs work with honesty, diligence, and responsibility.
According to the IIA Code of Ethics, the principle of competency requires internal auditors to apply the knowledge, skills, and experience needed in the performance of internal audit services. Specifically, the Code of Ethics mandates that internal auditors shall not perform any services for which they lack the necessary skills, unless they obtain appropriate assistance (Option C). This principle ensures that auditors provide professional and competent services, maintaining the quality and reliability of their work.
IIA Code of Ethics: Competency
IIA Standards, Standard 1210: Proficiency and Due Professional Care
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