The purpose of this policy is to protect the organisation against fraud by adopting fraud prevention measures, fraud detection measures and by establishing a consistent response to fraud. This is in the interests of clients, members, workers and other stakeholders in order for the Institute of Internal Auditors - Australia (IIA-Australia) to maintain a high ethical standing within the community.
Reputational damage arising from lax fraud control procedures can lead to a significant decline in confidence in the IIA-Australia. It can have an adverse impact on the scale of membership as well as the perceptions of business partners in their ongoing assessment of IIA-Australia’s capacity to meet its objectives.
More Information